UK Inflation Remains at Multi-Decade Highs, GBP/USD Nudges Higher

NZD: Trade Balance, it measures difference in value between imported and exported goods during the reported month.

JPY: Monetary Policy Meeting Minutes, It’s a detailed record of the BOJ Policy Board’s meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates.

AUD: MI Leading Index m/m, it measures change in the level of a composite index based on 9 economic indicators.

NZD: Credit Card Spending y/y, it measures change in total spending facilitated with a credit card.

GBP: CPI y/y, it measures change in the price of goods and services purchased by consumers.

GBP: Core CPI y/y, it measures change in the price of goods and services purchased by consumers, excluding the volatile food, energy, alcohol, and tobacco items.

GBP: PPI Input m/m, it measures change in the price of goods and raw materials purchased by manufacturers.

GBP: PPI Output m/m, it measures change in the price of goods sold by manufacturers.

GBP: RPI y/y, it measures change in the price of goods and services purchased by consumers for the purpose of consumption.

GBP: HPI y/y, it measures change in the selling price of homes.

GBP: MPC Member Cunliffe Speaks, BOE MPC 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.

CAD: CPI m/m, it measures change in the price of goods and services purchased by consumers.

CAD: Common CPI y/y, it measures change in the price of goods and services, purchased by consumers, which have similar price variations over time.

CAD: Median CPI y/y, it measures change in the median price of goods and services purchased by consumers.

CAD: Trimmed CPI y/y, it measures change in the price of goods and services purchased by consumers, excluding the most volatile 40% of items.

CAD: Core CPI m/m, it measures change in the price of goods and services purchased by consumers, excluding the 8 most volatile items.

CHF: SNB Chairman Jordan Speaks, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

CHF: SNB Quarterly Bulleti, Tends to have a mild impact because much of the information is released 2 weeks earlier in the Monetary Policy Assessment.

USD: Fed Chair Powell Testifies, As head of the central bank, which controls short term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

EUR: Consumer Confidence, it measures level of a diffusion index based on surveyed consumers.

AUD: CB Leading Index m/m, it measures change in the level of a composite index based on 7 economic indicators.

CAD: Gov Council Member Rogers Speaks, BOC Governing Council members are responsible for setting the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.