This week will see a similarly light news agenda compared to last week, although there will be some major releases such as U.S. retail sales data, as well as the release of some central bank input from the Reserve Bank of New Zealand and the Reserve Bank of Australia.
The market will probably be most active on Tuesday.
It will be a relatively quiet week for the greenback, starting on Tuesday with a release of Retail Sales data. On Wednesday we will get Building Permits and Crude Oil Inventories numbers.
It will be an important week for the Aussie, starting on Tuesday with a release of the RBA’s Monetary Policy Meeting Minutes. On Wednesday we will get Wage Price Index data. Finally, Thursday will bring Unemployment Rate and Employment Change numbers.
New Zealand Dollar
It will be an important week for the Kiwi, with the Government’s Annual Budget Release due on Thursday.
It will be an important week for the Pound, with Average Earnings Index data and the Inflation Report Hearing due on Tuesday.
It will be a relatively quiet week for the Loonie, with nothing due this week except CPI data on Friday.