mask Week Ahead | US Data & Trade War Headlines drives the Dollar against Rivals

17/ 09/ 2018

Week Ahead | US Data & Trade War Headlines drives the Dollar against Rivals

17th September 2018 - 21st September 2018

Monday

  • EUR Consumer Price Index

This week will begin lightly in terms of High-tier data and focus of this week will be on ECB Mario Draghi’s Speech to be held on Wednesday Late Session.

EUR Consumer Price Index is a key indicator on the Inflationary outlook and the purchasing trends of European Region.

 

Tuesday

  • AUD RBA Meeting Minutes

It will be another quiet day for the Foreign Currency Markets and majorly Political & Trade Tensions could move the market on these days.

Australia will release their Meeting Minutes of Reserve Bank of Australia and its economic projections for the quarter to come.

 

Wednesday

  • BOJ Interest Rate Decision & Monetary Policy Statement
  • GBP Consumer Price Index
  • ECB Mario Draghi’s Speech

Wednesday will kick off the High-tier Economic Data and the first important report will come from Bank of Japan on its Interest Rate Decisions & Monetary Policy statement.

During Mid-Day Market will expect GBP Consumer Price Index to indicate the Current inflationary & purchasing trends of UK Market.

Finally to conclude and the highlight of this week will be the speech given by Mario Draghi from European Central Bank.

 

Thursday

  • EU Leaders Summit
  • USD Initial Jobless Claims & Existing Home Sales

Thursday will be quite a busy with EU Leaders summit which will be a key cue for the Investors Globally on the Economic Outlook & their Future strategies in order to sustain a Stronger Economy.

To conclude the day we United States will release their Initial Jobless Claims & Existing Home Sales both of which will be indicating on their current trends and this could define the strength of the dollar or the direction of their Economy.

 

Friday

  • EUR Markit Composite & PMI
  • GBP Public Sector Net Borrowing

Finally to conclude the week Euro Zone will release their Markit Composite & PMI Figures which will be a key indicator on their Business Conditions & overall economic conditions in the Euro Zone.

United Kingdom will release their Public Sector Net Borrowing reports on Friday Mid-Day which will be closely monitored to identify their Financial Deficit in their National Accounts currently against the previous report.