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Monday July 20, 2009 - 14:59:26 GMT
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Global-View.com - www.global-view.com
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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Amazing Trader EVENT RISK Calendar:
Mon 15 Jan 2018
00:00 US- Holiday
Tue 16 Jan 2018
09:00 GB- CPI
20:00 US- Beige Book
Wed 17 Jan 2018
00:30 AU- Employment
02:00 CN- GDP
10:00 EZ- final HICP
14:15 US- Industrial Production
15:00 CA- Bank of Canada Decision
Thu 17 Jan 2018
13:30 US- Weekly Jobless
13:30 US- Housing Starts/Permits
16:00 US- EIA Crude
Fri 18 Jan 2018
09:30 GB- Retail Sales
15:00 US- University of Michigan (prelim) Survey
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- POTENTIAL PRICE RISK: HIGH- Wed -- 00:30 GMT-- AU- Employment
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- POTENTIAL PRICE RISK: HIGH to Medium- Wed --14:15 GMT-- US- Industrial Production
- POTENTIAL PRICE RISK: HIGH- Wed -- 15:00 GMT-- CA- Bank Of Canada Decision
John M. Bland, MBA
co-founding Partner, Global-View.com
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