22nd January 2018 - 26th January 2018
• CAD Wholesale Sales (MoM) • USD 3 & 6-Month Bill Auction A slow day to start the week with not much important data coming out. From Canada we will see the Wholesale Sales figures which shows the value of sales made by wholesalers in Canada. Then from US, 3 & 6-Month Bill Auction, which is the average yield on the bills auctioned by US Department of Treasury. • World Economic Forum - Davos, Switzerland • JPY BoJ Interest Rate Decision, BoJ Monetary Policy Statement & BoJ Press Conference • EUR ZEW Survey - Economic Sentiment & Consumer Confidence • GBP Public Sector Net Borrowing On Tuesday, The World Economic Forum will be taking place where world authorities exchange their opinions. This year’s major topics are economic instability, climate change and equitable growth. From Japan, BoJ Interest Rate Decision is announced by the Bank of Japan. This will be followed by the monetary policy statement and press conference. Then From Europe, The Consumer Confidence will be released which measures the level of consumer confidence in economic activity. This will be followed by the Economic Sentiment which measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic. Later in the day, from UK, Public Sector Net Borrowing will be released which captures an amount of new debt held by the U.K. governments. • EUR Markit Services PMI & Markit PMI Composite • EUR Germany, Markit PMI Composite, Markit Services PMI & Markit Manufacturing PMI • GBP Claimant Count Rate, Average Earnings including Bonus (3Mo/Yr), ILO Unemployment Rate (3M) • USD Housing Price Index (MoM), Markit Manufacturing PMI & Markit Services PMI On Wednesday, from Europe, Germany and France will put forward their results for Markit Services PMI & Markit PMI Composite respective for their countries. Markit Services PMI evaluate the economic situation in the Euro Zone services sector as a whole. It captures an overview of the condition of sales and employment. Then from UK, Claimant Count Rate will be released which indicate the monthly measure of unemployment in the UK. It indicates the health of the UK labor market. This will be followed by The Average Earing Including Bonus which is a key short-term indicator of how levels of pay are changing within the UK economy. And then The ILO Unemployment Rate which is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the UK Economy. Later in the day, from US, housing price index provides an estimated value of housing market conditions. It is an important indicator as the housing market is considered as a sensitive factor to the US economy. This is followed by The Manufacturing Purchasing Managers Index which captures business conditions in the manufacturing sector. The the focus shifts to Market service PMI which captures business conditions in the services sector. • EUR ECB Interest Rate Decision, ECB Deposit Rate Decision & ECB Monetary policy statement and press conference • CAD Retail Sales (MoM) • USD New Home Sales (MoM) & New Home Sales Change (MoM) Important day for the Eurozone as a whole as ECB Interest Rate Decision is to be announced by the European Central Bank followed by ECB Monetary policy statement and press conference. Later in the day, the Retail Sales for Canada will be released which is a monthly data report that shows all goods sold by retailers based on a sampling of retail stores of different types and sizes. Towards the end of the day, from US, New Home Sales released will be released which is an important measure of housing market conditions. • GBP Gross Domestic Product (YoY) & (QoQ) • USD Gross Domestic Product Price Index, Gross Domestic Product Annualized & Durable Goods Orders • CAD Bank of Canada Consumer Price Index Core (YoY), (MoM) & Consumer Price Index (YoY) (MoM) From UK, The Gross Domestic Product will be released which is a measure of the total value of all goods and services produced by the UK. The GDP is considered as a broad measure of the UK economic activity Later in the day from US, The Gross Domestic Product Annualized will be released which shows the monetary value of all the goods, services and structures produced within a country in a given period of time. This will be Followed up with The Durable Goods Orders, released by the US Census Bureau, measures the cost of orders received by manufacturers for durable goods, which means goods planned to last for three years or more, such as motor vehicles and appliances. As those durable products often involve large investments they are sensitive to the US economic situation. The final figure shows the state of US production activity. Then from Canada, Consumer Price Index Core is released by the Bank of Canada. “Core” CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products. This volatile core 8 are considered as the key indicator for inflation in Canada. Followed with The Consumer Price Index (CPI) released by the Statistics Canada is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services.Monday
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