This week will see a somewhat lighter news agenda than last week, with central bank input expected from Canada and Australia, as well as some crucial economic data from the U.S.A., China, and the U.K. Any further developments regarding Syria may also have an impact.
The market will probably be most active on Tuesday.
It will be a relatively quiet week for the greenback, starting on Monday with a release of Retail Sales data. On Tuesday we will get Building Permits numbers, followed by Crude Oil Inventories on Wednesday.
It will be an important week for the Yuan, with a release of Chinese GDP data on Tuesday.
It will be an important and busy week for the Loonie, starting on Wednesday with releases of the Bank of Canada’s Monetary Policy Report, Rate Statement, and Overnight Rate (followed by the usual press conference). Friday will see releases of CPI and Core Retail Sales numbers.
It will be an important week for the Aussie, starting on Tuesday with a release of the Bank of Australia’s Monetary Policy Meeting Minutes. Thursday will see releases of Employment Change and Unemployment Rate data.
It will be a relatively busy week for the Pound, starting on Tuesday’s with a release of Average Earnings Index numbers. Wednesday brings the release of CPI data, while on Thursday we will get Retail Sales data.
New Zealand Dollar
It will be a quiet for the Kiwi, with nothing due except a release of CPI data on Thursday.