This week will see a relatively full news agenda, with central bank input expected from the European Central Bank and the Bank of Japan, as well as some crucial economic data from the U.S.A., the U.K., and Australia.
The market will probably be most active on Thursday and especially Friday.
Wednesday is a public holiday in Australia, New Zealand, and Italy.
It will be a busy week for the greenback, starting on Tuesday with a release of CB Consumer Confidence data. On Wednesday we will get Crude Oil Inventories numbers, followed by Core Durable Goods Orders on Thursday. Finally, Friday will see the most important data – Advance GDP.
It will be an important week for the Euro, with a release of the Minimum Bid Rate, followed by the usual press conference, on Thursday.
It will be an important week for the Yen, with everything due on Friday when we will get the Bank of Japan’s Monetary Policy Statement, Outlook Report, and Policy Rate, followed by the usual press conference.
It will be a relatively important week for the Pound, with a release of Preliminary GDP data on Friday. The Governor of the Bank of England will also be speaking later that day.
There will be some important data released this week for the Aussie, on Tuesday with the release of CPI numbers.
It will be a fairly quiet week for the Loonie, with the Governor of the Bank of Canada testifying before Parliament on Monday and Wednesday.
It will be a quiet week for the Swissy, with nothing due except the Chair of the Swiss National Bank speaking on Friday.