Weekly Outlook: 2017, February 05 - February 12
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, 02-05-2017 at 05:55 PM (998 Views)
Weekly Outlook: 2017, February 05 - February 12
Rate decision in Australia and New Zealand, US Crude Oil Inventories, Unemployment Claims, Consumer Sentiment and Canadian employment data. These are the highlights of this week.
- Australian rate decision: Tuesday, 03:30. The Reserve Bank of Australia maintained its benchmark interest rate at 1.50% and kept its monetary policy unchanged in December. However the central bank believes conditions will improve in the coming months thanks to above average business confidence.
- US Crude Oil Inventories: Wednesday, 15:30.
- New Zealand rate decision: Wednesday, 20:00. New Zealand’s economy expanded at an annual 3.6% in the second quarter and the jobless rate has declined to near eight-year lows of 4.9% in the third quarter as employment grew past all expectations.
- US Unemployment Claims: Thursday, 13:30. Economists expect new claims will reach 249,000 this week.
- Canadian employment data: Friday, 13:30.
- US Prelim UoM Consumer Sentiment: Friday, 15:00.
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