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Thursday July 16, 2009 - 21:05:24 GMT
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FXBlog - Economic Data Preview For Friday
Friday will be a moderately active session for data releases. In Europe, the EZ trade data will be released. This is a key report, but usually does not move the markets. In North America, the Canadian CPI data are always closely watched as the BOC targets the Canadian inflation. Currently inflation is not an issue. In the U.S., building permits and housing starts will be released. We are much more interested in housing sales than new construction as excess inventories still have to be worked down.
EZ- Trade- important- indication of strength of economy. Seen stable.
CA- CPI- very important- BOC targets inflation. Seen contained
US- Building Permits/Starts- very important- Key housing indicator. Seen steady.
Upcoming Major Releases:
CA- BOC Decision
EZ- Ind Orders
CA- Retail Sales
BOC CPI yy
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GVI Trading. Potential Price Risk Scale
Tue 17 July 2018
AA: Major, A: High, B: Medium
AA 08:30 GB- Employment
A 13:15 US- Industrial Production
AA 14:00 US-Powell Testimony
Wed 18 July 2018
AA 08:30 GB- CPI
A 12:30 US- Housing Starts/Permits
AA 14:00 US-Powell Testimony
Thu 19 July 2018
AA 1:30 AU- Employment
AA 08:30 GB- Retail Sales
A 14:30 US- EIA Crude
A 12:30 US- Weekly Jobless
Fri 20 Jun 2018
A 12:30 CA- CPI/Retail Sales
John M. Bland, MBA
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