1Finance

The US dollar advanced against most currencies, but the moves were limited.The upcoming week is quite busy, featuring initial GDP reads from the US and the UK, rate decisions from the BOC and the ECB, and more.

1. Japanese elections: Sunday, results expected before markets open.
2. Australian CPI: Wednesday, 00:30. Headline CPI is expected to rise by 0.8% and core CPI by 0.5%.
3. UK GDP (first release): Wednesday, 8:30. Has the economy picked up in Q3? Expectations are for 0.3% q/q once again.
4. US Durable Goods Orders: Wednesday, 12:30. Headline orders are predicted to advance by 1.1% while core orders carry expectations for 0.5%.
5. Canadian rate decision: Wednesday, 14:00, press conference at 15:15.
6. US New Home Sales: Wednesday, 14:00.
7. ECB Rate decision: Thursday, the decision is at 11:45, press conference at 12:30. This time, no new forecasts are planned, so Draghi’s words carry more weight.
8. US GDP (first release): Friday, 12:30. An annualized growth rate of 2.7%is on the cards.

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