Upcoming Market Updates: NZD, JPY, EUR, USD
NZD: RBNZ Gov Orr 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.
JPY: Tokyo Core CPI y/y, it measures Change in the price of goods and services purchased by consumers in Tokyo, excluding fresh food.
EUR: German GfK Consumer Climate, it measures Level of a composite index based on surveyed consumers.
EUR: M3 Money Supply y/y, it measures Change in the total quantity of domestic currency in circulation and deposited in banks.
EUR: Private Loans y/y, it measures Change in the total value of new loans issued to consumers and businesses in the private sector.
USD: Core PCE Price Index m/m, it measures Change in the price of goods and services purchased by consumers, excluding food and energy.
USD: Goods Trade Balance, it measures Difference in value between imported and exported goods during the reported month.
USD: Personal Income m/m, it measures Change in the total value of income received from all sources by consumers.
USD: Personal Spending m/m, it measures Change in the inflation-adjusted value of all expenditures by consumers.
USD: Prelim Wholesale Inventories m/m, it measures Change in the total value of goods held in inventory by wholesalers.
USD: Fed Chair Powell 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.
USD: Revised UoM Consumer Sentiment, Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.
USD: Revised UoM Inflation Expectations, it measures Percentage that consumers expect the price of goods and services to change during the next 12 months.