Upcoming Market Updates: JPY, EUR, GBP, CAD, USD

JPY: M2 Money Stock y/y, It’s positively correlated with interest rates – early in the economic cycle an increasing supply of money leads to additional spending and investment, and later in the cycle expanding money supply leads to inflation.

EUR: French Industrial Production m/m, it measures Change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.

GBP: Consumer Inflation Expectations, it measures Percentage that consumers expect the price of goods and services to change during the next 12 months.

EUR: ECB President Lagarde Speaks, As head of the ECB, which controls short term interest rates, she has more influence over the euro’s value than any other person. Traders scrutinize her public engagements as they are often used to drop subtle clues regarding future monetary policy.

CAD: Employment Change, it measures Change in the number of employed people during the previous month.

CAD: Unemployment Rate, it measures Percentage of the total work force that is unemployed and actively seeking employment during the previous month.

CAD: Capacity Utilization Rate, it measures Percentage of available resources being utilized by manufacturers, builders, mines, oil extractors, and utilities.

USD: Final Wholesale Inventories m/m, it measures Change in the total value of goods held in inventory by wholesalers.

USD: FOMC Member George Speaks, Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.

USD: FOMC Member Waller Speaks, Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.