With multi-directional movements of US economic indexes, the chances that interest rates will be raised this year are decreasing. On the previous week such numbers like Unemployment Claims and UoM Consumer Sentiment showed an improvement, but Retail Sales and Philly Fed Manufacturing Index were disappointed the economists. Let’s look what will happen on the next week:
(All times are GMT)
On Tuesday, at 12:30am Australian Monetary Policy Meeting Minutes will be published.
At 10:00am Bank of England Governor Mark Carney Speaks before the Treasury Select Committee, in London.
At 12:30pm Building Permits in USA will show us annualized number of new residential building permits issued during the previous month.
On Wednesday, at 2:00pm economic news from Canada. We are expecting BOC Monetary Policy Report, BOC Rate Statement and information about Overnight Rate.
At 3:15pm will be Press Conference of Bank Of Canada (BOC) Governor and Senior Deputy Governor.
On Thursday, at 8:30am we will get monthly Retail Sales numbers from Great Britain.
At 11:45am European Central Bank will announce Minimum Bid Rate. No policy change is expected this time, with the interest rate remaining at 0.05%.
At 12:30pm ECB Press Conference is expected.
The same time, at 12:30pm weekly Unemployment Claims will be issued by US Department of Labor.
On Friday, at 12:30pm monthly Core CPI data will be announced by Statistics Canada.