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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 central bank input due only from the RBA, but there will also be important U.S. data in the form of non-Farm Payrolls, as well as more Brexit drama as the deadline for a final decision approaches again. Volatility is likely to be higher than it was last week.

The market is likely to be most active on Friday.

U.S. Dollar

It will be an important week for the Dollar, starting on Monday with releases of Retail Sales and ISM Manufacturing PMI data. Tuesday will bring Core Durable Goods Orders numbers. Finally, on Friday we will get the Non-Farm Employment Change, the Unemployment Rate, and Average Hourly Earnings.

Australian Dollar

It will be an important week for the Aussie, starting on Tuesday with a release of the RBA Rate Statement plus Building Approvals data, as well as the Annual Budget Release. On Wednesday we will get Retail Sales numbers.

Chinese Yuan

It will be an important week for the Yuan, starting with a release of Manufacturing PMI data on Monday, then the release of Caixin Manufacturing PMI data on Tuesday.

Canadian Dollar

It will be an important week for the Loonie, starting with a minor speech from the Governor of the Bank of Canada on Monday. The important action is due on Friday when we will get Employment Change and Unemployment Rate numbers.

British Pound

It might be an extremely important week for the British Pound, with a possible resolution of Brexit if the British Parliament votes for a solution. Legally, the U.K. is set to leave with no deal by default on 12th April.

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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