mask Week Ahead | Dollar rallies post Fed Meeting likely to End on a Stronger Note

23/ 12/ 2018

Week Ahead | Dollar rallies post Fed Meeting likely to End on a Stronger Note

23rd December 2018 - 28th December 2018

 

Monday

  • USD Chicago Fed National Activity Index

A monthly report by the Chicago Federal Reserve Bank that tracks economic activity useful in tracking economic growth and identifying potential inflation.

 

Tuesday

  • JPY Leading Economic Index

Leading Economic Index designed to predict the future direction of the economy. Analysts believe that the Leading Index provides a forecast of the future state of the domestic economy 6-9 months after the reporting period.

 

Wednesday

  • JPY BOJ Monetary Policy Meeting Minutes

Monetary Policy Meeting Minutes contains the summary on financial and economic conditions in the country, as well as the meeting minutes of the regulator board members. The Minutes may have a short-term impact on JPY depending on their contents.

 

Thursday

  • USD Initial Jobless Claims

US will release their Initial Jobless Claims which will be significant indicator of their current Job Sector market. This number can be a predictor of what the economy is doing. If there is a significant increase in these claims, it could potentially be pointing to slowing job growth, as unemployment rises.

 

Friday

  • GBP Mortgage Approvals
  • EUR GDP, Harmonized Index & Consumer Price Index

The Mortgage Approvals measure the number of home loans issued during the previous quarter. It is considered as a leading indicator of the UK Housing Market. A Mortgage growth represents a healthy housing market that stimulates the overall UK economy.

EUR Gross Domestic Products & Consumer Price Index which is the key indicator of the current Inflationary level for the EUR Zone with current geo-political risk remains the key area of focus.

Harmonized Index of Consumer Prices (HICP) is a list of the final costs paid by European consumers for the items in a basket of common goods which is expected to ease a bit as compared to previous reported months.