Weekly Outlook: 2016, October 09

Attachment 23691

German ZEW Economic Sentiment, US FOMC Meeting Minutes, UK Rate decision, US Unemployment Claims, US Crude Oil Inventories, US Consumer Sentiment and Janet Yellen’s speech; These are the main events on forex calendar.

German ZEW Economic Sentiment: Tuesday, 9:00. Economic sentiment is expected to improve to 4.2.
US FOMC Meeting Minutes: Wednesday, 18:00.
UK Rate decision: Thursday, 11:00. The MPC expect a boost in growth during 2017 if the present economic momentum continues.
US Unemployment Claims: Thursday, 12:30. The number of new claims is expected to reach 252,000 this week.
US Crude Oil Inventories: Thursday, 15:00.
US Retail sales: Friday, 12:30. Retail sales is expected to gain 0.6%, while core sakes are predicted to rise 0.4%.
US Prelim UoM Consumer Sentiment: Friday, 14:00. U.S. consumer confidence is expected to climb to 92.1
Janet Yellen speaks: Friday, 17:30. Federal Reserve Chair Janet Yellen will give a talk in Boston’s Annual Research Conference. She will talk about the US economic recovery and may give further clues regarding the expected rate hike timetable. Market volatility is expected.

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Weekly Outlook: 2016, October 09 - October 16