1Finance

Kuroda’s speech, Rate decision in Australia, Canada the EU, Employment data in the US and Canada as well as US Crude Oil Inventories. These are the highlights of this week.

1. Haruhiko Kuroda speaks: Monday, 4:30. Bank of Japan Governor Haruhiko Kuroda will speak in Tokyo. Volatility is expected.
2. Australian rate decision: Tuesday, 4:30. Economists anticipate more easing measures in the coming months with a 68% chance for another cut is December.
3. US ISM Non-Manufacturing PMI: Tuesday, 16:00. The ISM Non-Manufacturing index is expected to reach 55.4 this time.
4. Australian GDP: Wednesday, 1:30.
5. Canadian rate decision: Wednesday, 14:00. Economists do not expect a change in monetary policy anytime soon.
6. EU rate decision: Thursday, 11:45. Analysts expect the ECB will act in the fall or winter to extend its bond-buying stimulus program past its expiry date of March 2017.
7. US Unemployment rate: Thursday, 12:30.
8. US Crude Oil Inventories: Thursday, 15:00. This unexpected trend cast shadow over the oil industry in the coming months.
9. Canadian Employment data: Friday, 12:30.

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