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Weekly Economic & Political Timeline

By Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

This week is likely to see a more active market, with a crucial U.S. Non-Farm Payroll data release due as well central bank input from the Bank of Canada and the Reserve Bank of Australia.

The market is likely to be most active on Friday.

U.S. Dollar

It will be an important week for the Dollar, with all the action due on Friday with releases of the Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings data.

Euro

It will be a quiet but important week for the Euro, with the European Central Bank releasing its Main Refinancing Rate on Thursday, followed by the usual press conference.

British Pound

It will be a quiet but important week for the British Pound, starting with a press conference with the Governor of the Bank of England on Monday. Tuesday will see Inflation Report Hearings.

Canadian Dollar

It will be an important and busy week for the Loonie, starting on Wednesday with releases of the Bank of Canada’s Rate Statement and Overnight Rate as well Trade Balance data. On Friday we will get releases of Employment Change and Unemployment Rate numbers.

Australian Dollar

It will be an important and active week for the Aussie, starting on Monday with a release of Building Approvals data. On Tuesday the RBA will release its Rate Statement. Wednesday brings important GDP data and a minor speech from the Governor of the RBA. Finally, on Thursday, there will be a release of Retail Sales data.

Adam Lemon
About Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

 

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