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Weekly EUR/USD Outlook: 2016, October 30 - October 06

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by , 10-29-2016 at 06:27 PM (836 Views)
      
   
EUR/USD struggled to recover, but it also did not extend its falls. A mix of PMIs, inflation figures and also GDP stand out at the turn of the month. Here is an outlook for the highlights of this week.

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  1. German Retail Sales: Monday, 7:00.
  2. CPI: Monday, 10:00.
  3. GDP: Monday, 10:00. The 19-country eurozone has grown by 0.3% q/q in Q2 2016, and further growth is on the cards also in Q3. Spain’s growth remains encouraging, but France lags behind.
  4. Spanish Unemployment Change: Wednesday, 8:00.
  5. Manufacturing PMIs: Wednesday morning: 8:15 for Spain, 8:45 for Italy, 8:50 the final number for France, 8:55 final figure for Germany and 9:00 final figure for the euro-zone.
  6. German Unemployment Change: Wednesday, 8:55.
  7. ECB Economic Bulletin: Thursday, 9:00. Two weeks after the European Central Bank left its policies unchanged, the Frankfurt-based institution releases the data that its members saw before making the decision.
  8. Unemployment Rate: Thursday, 10:00.
  9. Services PMIs: Friday morning: 8:15 for Spain, 8:45 for Italy, 8:50 the final number for France, 8:55 final figure for Germany and 9:00 final figure for the euro-zone.
  10. PPI: Friday, 10:00.


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