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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 much greater level of market activity compared to last week, with central bank input due from the U.S., Japan, the U.K., Switzerland and Australia, in addition to other important data releases for a few of the major currencies.

The market is likely to be most active on Wednesday and Thursday.

Monday is a public holiday in Japan.

U.S. Dollar

It will be an important week for the greenback, starting on Wednesday with FOMC Economic Projections, Federal Funds Rate, FOMC Statement, FOMC press conference, and Crude Oil inventories data. Thursday brings the Philly Fed Manufacturing Index.

Japanese Yen

It will be an important week for the Yen, with everything happening on Thursday when the Bank of Japan releases its Monetary Policy Statement, followed later by the usual Bank of Japan press conference.

British Pound

It will be an important week for the Pound, starting on Tuesday with a release of CPI (inflation) data. On Thursday we will get Retail Sales data, the Bank of England’s Monetary Policy Summary and Official Bank Rate (plus its votes).

Euro

It will be an important week for the Euro, with everything happening on Thursday when the ECB will release its Main Refinancing Rate and Monetary Policy Statement followed by the usual press conference.

Swiss Franc

It will be an important week for the Swissie, with everything happening on Thursday when the Swiss National Bank will release its Monetary Policy Assessment.

Canadian Dollar

It will be a reasonably important week for the Loonie, starting with a release of CPI (inflation) data on Wednesday. On Friday we will get a release of Core Retail Sales data.

New Zealand Dollar

It will be a quiet but important week for the Kiwi, with nothing due except GDP data on Thursday.

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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