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

AUD: AIG Construction Index, it measures Level of a diffusion index based on surveyed service-based companies.

AUD: GDP q/q, it measures Change in the inflation-adjusted value of all goods and services produced by the economy.

JPY: Leading Indicators, it measures Level of a composite index based on 11 economic indicators.

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

GBP: Halifax HPI m/m, it measures Change in the price of homes financed by HBOS.

CHF: Foreign Currency Reserves, it measures Total value of foreign currency reserves held by the SNB.

EUR: Italian Retail Sales m/m, it measures Change in the total value of sales at the retail level.

EUR: Final Employment Change q/q, it measures Change in the number of employed people.

EUR: Revised GDP q/q, it measures Change in the inflation-adjusted value of all goods and services produced by the economy.

GBP: Monetary Policy Report Hearings, 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: Trade Balance, Difference in value between imported and exported goods during the reported month.

USD: Trade Balance, Difference in value between imported and exported goods and services during the reported month.

CAD: BOC Rate Statement, It’s the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions.

CAD: Overnight Rate, Short term interest rates are the paramount factor in currency valuation – traders look at most other indicators merely to predict how rates will change in the future.

CAD: Ivey PMI, It’s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy.

USD: FOMC Member Mester 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 Brainard 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: Beige Book, This analysis is used by the FOMC to help make their next decision on interest rates. However, it tends to produce a mild impact as the FOMC also receives 2 non-public books – the Green Book and the Blue Book – which are widely believed to be more influential to their rate decision.

USD: FOMC Member Barr 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.