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.
- Haruhiko Kuroda speaks: Monday, 4:30. Bank of Japan Governor Haruhiko Kuroda will speak in Tokyo. Volatility is expected.
- Australian rate decision: Tuesday, 4:30. Economists anticipate more easing measures in the coming months with a 68% chance for another cut is December.
- US ISM Non-Manufacturing PMI: Tuesday, 16:00. The ISM Non-Manufacturing index is expected to reach 55.4 this time.
- Australian GDP: Wednesday, 1:30.
- Canadian rate decision: Wednesday, 14:00. Economists do not expect a change in monetary policy anytime soon.
- 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.
- US Unemployment rate: Thursday, 12:30.
- US Crude Oil Inventories: Thursday, 15:00. This unexpected trend cast shadow over the oil industry in the coming months.
- Canadian Employment data: Friday, 12:30.
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