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The US dollar was looking for a new direction and it had a mixed week. The last full week of August features US housing data, durable goods orders and perhaps most importantly, the Jackson Hole Symposium. Here are the highlights for the upcoming week. US New Home Sales: Wednesday, 14:00. A similar figure is on the cards now: 615K.Crude Oil Inventories: Wednesday, 14:30.UK GDP (second estimate): Thursday, 8:30.US Existing Home ...
The US dollar remained on the back foot throughout most of the week, with the jobs report allowing for a comeback. Is this a temporary correction or the start of a dollar rally? The upcoming week features US inflation figures, the JOLTs data, a rate decision in New Zealand and more. Neel Kashkari talks: Monday 15:25 and also Friday at 15:30. The President of the Minnesota Fed is an outspoken dove that dissented from the previous rate ...
GBP/USD made another move tot he upside but was forced to retreat on the BOE’s bearishness. Will it remain the loser? The upcoming week features a mix of figures from all sectors. Halifax HPI: Monday, 7:30. A rise of 0.3% is on the cards.BRC Retail Sales Monitor: Monday, 23:01.RICS House Price Balance: Wednesday, 23:01. The Royal Institution of Chartered Surveyors monitors the balance between areas enjoying price increases with ...
The Australian dollar struggled with the highs but did not give up on these levels, despite RBA pressure. Where next? The upcoming week features speeches from central bankers as well as important surveys. AIG Construction Index: Sunday, 23:30. This 200-strong survey by the Australian Industry Group has been on the high ground in the past two months, above 56, reflecting robust growth in the sector.ANZ Job Advertisements: Monday, 1:30. ...
Weekly USD/CAD Outlook: 2017, August 06 - August 13 Dollar/CAD moved up, correction previous losses as oil prices cooled down. The upcoming week features housing figures from Canada. Housing Starts: Tuesday, 12:15. The Canadian housing sector has been rocked by reports of house price falls in Toronto. A small slide to 206K is on the cards now.Building Permits: Wednesday, 12:30. A drop of 1.8% is forecast now.NHPI ...