Investors and traders will be watching closely this week for new inflation data in the United States and the United Kingdom. Inflationary pressures are expected to decline further in the United States, which may increase the likelihood that the US Federal Reserve will not be categorical in raising rates further. In the UK, consumer prices are also expected to decline, but inflation is still projected to be above 10%. Also, this week, the Japanese government is about to appoint a new Central Bank Governor. Why is this important? The hawkish candidate is likely to change monetary policy in a tightening direction, leading to a sharp strengthening of the Japanese currency. Conversely, if the Bank of Japan, which is Kuroda's current Governor, is chosen to be a soft-policy supporter, the Japanese yen could fall substantially against the dollar.
- – Switzerland Consumer Price Index (m/m) at 09:30 (GMT+2);
- – Indian Consumer Price Index (m/m) at 14:00 (GMT+2);
- – US FOMC Member Bowman Speaks at 15:00 (GMT+2).
- – Australia Westpac Consumer Confidence Index (m/m) at 01:30 (GMT+2);
- – Japan GDP (q/q) at 01:50 (GMT+2);
- – New Zealand Inflation Expectations (m/m) at 04:00 (GMT+2);
- – Japan Industrial Production (m/m) at 06:30 (GMT+2);
- – UK Average Earnings Index (m/m) at 09:00 (GMT+2);
- – UK Claimant Count Change (m/m) at 09:00 (GMT+2);
- – UK Unemployment Rate (m/m) at 09:00 (GMT+2);
- – Switzerland Producer Price Index (m/m) at 09:30 (GMT+2);
- – Eurozone GDP (q/q) at 12:00 (GMT+2);
- – US Consumer Price Index (m/m) at 15:30 (GMT+2);
- – US FOMC Member Williams Speaks at 21:05 (GMT+2).
- – Australia RBA Governor Lowe Speaks at 02:15 (GMT+2);
- – UK Consumer Price Index (m/m) at 09:00 (GMT+2);
- – UK Producer Price Index (m/m) at 09:00 (GMT+2);
- – Spanish Consumer Price Index (m/m) at 10:00 (GMT+2);
- – Eurozone Industrial Production (m/m) at 12:00 (GMT+2);
- – Canada Manufacturing Sales (m/m) at 15:30 (GMT+2);
- – US Retail Sales (m/m) at 15:30 (GMT+2);
- – US NY Empire State Manufacturing Index (m/m) at 15:30 (GMT+2);
- – Eurozone ECB President Lagarde Speaks at 16:00 (GMT+2);
- – US Industrial Production (m/m) at 16:15 (GMT+2);
- – US Crude Oil Reserves (w/w) at 17:30 (GMT+2);
- – US Crude Oil Reserves (w/w) at 17:30 (GMT+2).
- – Australia Unemployment Rate (m/m) at 02:30 (GMT+2);
- – US Building Permits (m/m) at 15:30 (GMT+2);
- – US Initial Jobless Claims (w/w) at 15:30 (GMT+2);
- – US Philadelphia Fed Manufacturing Index (m/m) at 15:30 (GMT+2);
- – US FOMC Member Mester Speaks at 15:45 (GMT+2)
- – US Natural Gas Storage (w/w) at 17:30 (GMT+2);
- – US FOMC Member Bullard Speaks at 20:30 (GMT+2);
- – US FOMC Member Cook Speaks at 23:00 (GMT+2).
- – Australia RBA Governor Lowe Speaks at 00:30 (GMT+2);
- – US FOMC Member Mester Speaks at 01:00 (GMT+2);
- – UK Retail Sales (m/m) at 09:00 (GMT+2);
- – German Producer Price Index (m/m) at 09:00 (GMT+2);
- – Switzerland Industrial Production (m/m) at 09:30 (GMT+2);
- – French Consumer Price Index (m/m) at 09:45 (GMT+2);
- – Canada Producer Price Index (m/m) at 15:30 (GMT+2);
- – US FOMC Member Barkin Speaks at 15:30 (GMT+2).
by 2023.02.13
, We advise you to get acquainted with the daily forecasts for the major currency pairs.This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.
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