Week Ahead | Geo-political risks will continue to drive the market

16th July 2018 - 20th July 2018

Monday

• CNY GDP
• US Retail Sales & Trump-Putin Meeting

By morning CNY will release its GDP figures for this quarter which will give us an indication of the present pace at which the Chinese economy is growing or decreasing. As the Chinese economy has influence on the global economy, this economic event would have an impact on the Forex market.

To finish off the day we will have reports from US Retail Sales which will give us an indication on the Current Retail sector of US. But the highlight of the day will be around what happens in the Meeting with Trump & Putin which will be a crucial cue for Investors Globally.

 

Tuesday

• NZD Consumer Price Index
• GBP Average Earnings Including Bonus & Claimant Count Change
• US Fed Powell’s Speech & Industrial Production

Dawn of Tuesday will have reports coming out from New Zealand on Consumer Price Index and it will gives us an indication on the current Consumer Sector trend and its future.

UK will release their Average Earnings & Claimant Count Change both which is a key indicator on their inflationary outlook for Bank of England on their Future Economic Projections and Interest Rate decisions.

Finally to conclude the day markets will react to the Statement released by Fed Powell. This speech will give us a clear indication on their Future Projections of Interest Rate Decisions and Bond Purchase program.

 

Wednesday

• GBP CPI Index
• Euro CPI Index
• US housing Starts & Building Permits

GBP CPI Index will give investor’s outlook of their current trend of Purchase & Supply Demand indicating Inflation of sterling. This is a strong indicator of Inflation which affects the purchase of GBP against the board. Followed by CPI figures of Euro will be released shortly there on.

Finally US will release their Housing Starts & Building permits which indicates movements of the US Housing Market.

 

Thursday

• AUD Unemployment Rate & Employment Change
• GBP Retail Sales
• US Initial Jobless Claims

Dawn of Thursday Australia will release its Unemployment Rate & Employment Change reports which will be a key indicator of the Job Sector of the Australia.

United Kingdom will release their Retail Sales reports followed by the Bi-Weekly Initial Jobless Claims report from US giving us a clear indication on their current Job Sector Growth.

 

Friday

• CAD Retail Sales
• GBP Public Sector Net Borrowing

Friday it will be a light data day of the week with only reports coming out from Bank of Canada on Retail Sales which will indicate on their Retail Sector growth. Followed by Public Sector Net Borrowing reports from UK which will be a key indicator of the current Inflation looming over the GBP Economy.