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Weekly Outlook: 2017,April 09 - April 16

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by , 04-08-2017 at 08:53 PM (923 Views)
      
   
The US dollar eventually emerged as a winner from a tense week. Is this the beginning of a trend? A speech by Janet Yellen, a rate decision in Canada, Australian employment data, US inflation data, and US consumer figures stand out. These are the main events on forex calendar.

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  1. Janet Yellen speaks: Monday, 20:00. Fed Chair Janet Yellen will speak at the University of Michigan, taking questions from the audience.
  2. UK Inflation data: Tuesday, 8:30. UK inflation is expected to reach 2.2% this time.
  3. Canadian rate decision: Wednesday, 14:00.
  4. Australian employment data: Thursday, 1:30. A job gain of 20,300 is predicted in March with the unemployment rate unchanged at 5.9%.
  5. US PPI: Thursday, 12:30. Economists expect producer prices to be flat this time.
  6. US Unemployment Claims: Thursday, 12:30. Jobless claims are expected to reach 242,000 this week.
  7. US Prelim UoM Consumer Sentiment: Thursday, 14:00. Consumer moral is expected to remain elevated at 97.1 in April.
  8. US inflation data: Friday, 12:30. CPI is expected to remain unchanged, while core inflation is anticipated to rise by 0.2% in Mach.
  9. US Retail sales: Friday, 12:30. US retail sales are expected to increase by 0.1% with a 0.2% gain in core sales.


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