This week will see a lighter news agenda compared to last week, with central bank input due only from the Reserve Bank of Australia, plus a major Australian GDP data release.
The market will probably be most active on Tuesday and Wednesday.
Monday will be a public holiday in New Zealand.
It will be a relatively quiet for the greenback, starting on Tuesday with a release of ISM Non-Manufacturing PMI data. On Wednesday we will get Crude Oil Inventories numbers.
It will be an important and busy week for the Aussie, starting on Monday with a release of Retail Sales data. On Tuesday, we will get the RBA Rate Statement and Cash Rate. Wednesday brings GDP data and on Thursday we will get Trade Balance numbers.
It will be a busy week for the Loonie, starting on Wednesday with a release of Trade Balance data. The Governor of the Bank of Canada will be giving a minor press conference on Thursday. of the Bank of Canada’s Rate Statement and Overnight Rate. Finally, Friday brings releases Employment Change and Unemployment Rate data.
It will be an averagely busy week for the Pound, starting with a release of Construction PMI data on Monday, followed by Services PMI data on Tuesday.
It will be a very quiet week for the Euro, with nothing due except a minor speech from the President of the ECB on Tuesday.