23rd July 2018 - 26th July 2018
• GBP MCP Member Broadbent speech • USD existing home sales. Dr Ben Broadbent will give a speech on Monday will be speaking on UK economy and monetary policy outlook for United Kingdom. The Existing Home Sales for the month of June will be released provides an estimated value of housing market conditions • EUR Markit PMI & Composite • USD Markit PMI, Composite & Housing Price Index Tuesday will be Mid-Tier Data and Euro Zone & US both will release their Markit PMI & Composite figures for this week which will give us an indication on their Manufacturing Sector & Overall Business conditions in both the Economies. US will also release their US Housing Price Index which is an indicator of their Current Housing Market Sector. • AUD Consumer Price Index • EUR IFO Business Climate & Expectations Early Dawn Reports from Australia will be released on Consumer Price Index & The CPI is a key indicator to measure inflation and changes in purchasing trends. Followed by reports from Euro Zone IFO Business Climate & Expectation which are both Survey reports which shows the confidence level in the Business Sector of Euro Zone. Reports would be released on measure of money supply by the ECB. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rate • EUR ECB Interest rate decision & Monetary Policy Statement • US Initial Jobless Claims & Durable goods Thursday will be a Major Highlight of the week and Investors will look forward for Thursday, Euro Zone will release its Interest Rate Decision and Monetary Policy Statements during the Morning Session and this will be a Key indicator of the ECB’s Quantitative Easing program of ECB and Draghi’s Outlook towards this Quarter for their Interest Rate Decisions. Followed by US will release its Initial Jobless Claims & Durable Goods which will give us an indication of their current Job Sector Growth and their production sector of Durable Goods. • JPY Tokyo CPI Ex Fresh Food • US Gross Domestic Product & Core Personal Consumption Expenditures To finish off the week Japan will release its Tokyo Consumer Price Index Ex Fresh Food figures. Japan’s Currency strength is measured over the CPI Index which excludes their Food Imports in the country which will give us an indication on their Inflation of Japan. Followed by reports from US GDP Annualized is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Monday
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Wednesday
Thursday
Friday
