This week will see relatively light news agenda compared to last week, with central bank input due from the Reserve Bank of New Zealand, plus major economic data releases primarily concerning the U.S. and Canadian Dollars and the British Pound.
The market will probably be most active on Thursday.
Friday will be a public holiday in Italy.
U.S. Dollar
It will be a relatively busy week for the greenback, starting on Tuesday with a release of CB Consumer Confidence data. On Wednesday we will get Crude Oil Inventories and Core Durable Goods Orders numbers. Finally, Thursday will see the release of Final GDP data, which is likely to be especially significant.
Canadian Dollar
It will be a relatively important week for the Loonie, starting on Wednesday with a minor speech by the Governor of the Bank of Canada. On Friday we will get GDP and Business Outlook Survey data.
New Zealand Dollar
It will be a relatively important week for the Kiwi, starting on Wednesday with a release of ANZ Business Confidence data. On Thursday we will get the RBNZ Rate Statement and Official Cash Rate.
British Pound
It will be a relatively quiet week for the Pound, starting on Wednesday with the Governor of the Bank of England’s giving a speech about the Financial Stability Report and the Bank Stress Tests. Friday sees the release of Current Account data.