GBP/USD was looking for a new direction after that dovish hike from the BoE and as Brexit talks are trying to get out of the ditch. The upcoming week features three top-tier publications: inflation, jobs, and retail sales. Inflation report: Tuesday, 9:30. The weakness of the British pound following the EU Referendum last year is the main contributor to higher prices.Jobs report: Wednesday, 9:30. Weak wages will probably take center-stage ...
EUR/USD managed to tick up amid OK data from Europe and weakness in the US dollar. GDP data stands out in a busier week. Here is an outlook for the highlights of this week. German GDP (preliminary): Tuesday, 7:00. The so-called “locomotive” of the euro-zone has enjoyed a growth rate of 0.6% q/q in the second quarter of 2017. Q3 should be similar.German CPI (final): Tuesday, 7:00. The final read will likely confirm this number.German ...
The US dollar was somewhat on the backfoot in a relatively slow week. Will it continue sliding? The upcoming week features the all-important inflation and retail sales figures from the US as well as housing data and more. Here are the highlights for the upcoming week. FOMC’s Harker talks: Monday, 00:10. Philly Fed President Patrick Harker will speak early in the week and can have an outsized impact due to low liquidity.German GDP ...
Dollar/CAD continued experiencing upward pressure amid the top-tier figures from Canada. The upcoming week seems a bit calmer at least if we look at the calendar, but it provides a focus on the housing sector. Where will the C$ go next? Ivey PMI: Monday, 15:00. e now receive data for October which is expected to show 60.2 points.Stephen Poloz talks: Tuesday, 17:45. The Governor of the Bank of Canada will speak in Montreal and may ...
The Australian dollar struggled to recover amid mixed data. The highlight of the upcoming week is undoubtedly the rate decision by the RBA. Will they hint about a rate cut?. Here are the highlights of the week. MI Inflation Gauge: Monday, 00:00. A return to the previous level of around 0.1% could be seen now.ANZ Job Advertisements: Monday, 00:30. The Australia and New Zealand Banking Group monitors the number of job ads as another ...
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