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Monday July 20, 2009 - 14:59:26 GMT
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Economic Data Preview For TuesdayAfter Tuesday, this will be a moderately active period for data releases. In Europe, Tuesday only sees the release of Swiss trade data. In North America, the Bank of Canada monetary policy decision is awaited. In the U.S., Fed Chairman Bernanke starts the first of two days of semi-annual testimony on the economy. The focus will be on his views on the outlook for the economy and any hints he gives on the exit plan of the central bank from its current posture of excessive monetary ease.
CH- Trade- closely followed- Measure of domestic demand. No estmate.
CA- BOC Decision- very important- No rate change expected.
US- Bernanke Testimony- very important- Fed policy and economic outlook.
Upcoming Major Releases:
EZ- Ind Orders
CA- Retail Sales
EZ- Current Accunt
UK- Retail Sales
US- Weekly Jobs, Existing Homes Sales
EZ- flash mfg and Service PMIs
UK- GDP DE- IFO Survey
US- U of M Survey
Trade CHF bn
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GVI Trading. Potential Price Risk Scale
Mon 9 July 2018
AA: Major, A: High, B: Medium
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AA 08:30 GB- Ind/Prod Output, Trade
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John M. Bland, MBA
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