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Wednesday May 22, 2013 - 09:07:04 GMT
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UK Retail Sakes soft. BOJ unchanged. Bernanke awaited
|UK Retail Sakes soft. BOJ unchanged. Bernanke awaited|
22 May 2013 10:00 gmt
CALENDAR North America: US- Bernanke Testimony, Existing Homes Sales, Weekly Crude. Fed Minutes.
- HIGH IMPACT ITEMS: Bernanke, Existing Homes Sales, Fed Minutes
- Wednesday will see the minutes from the latest Fed Meeting (May 1) and testimony by Chairman Bernanke to Congress. This testimony will give him ample opportunity to signal to the markets what the current intentions of the central bank may be. Fed speakers recently have been leaning in favor of a start to tapering bond purchases. Today sees the release of key Existing Home Sales data.
- U.K. retail sales data were weaker than expected. The GBPUSD is weaker.
- USDJPY gained after the BOJ kept policy steady as expected. the BOJ upgraded its view of the economy.
- Thursday sees a number of flash PMI reports The critical German IFO Survey is due on Friday.
||JGB 0.88% +1bp
||Asia:Mixed to Weaker|
||Bund 1.42% +5bp
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John M. Bland, an author and a founding partner of Global-View.com, has been a corporate FX consultant for a major N.Y. bank, a forex trader for a major N.Y. institution, and an FX analyst for a blue chip Fed watching service.. John has an MBA in International Finance and an A.B. in Economics from the University of California at Berkeley.
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Mon 15 Oct 2018
AA 12:30 US- Retail Sales
Tue 16 Oct 2018
AA 08:30 GB- Employment
A 09:00 DE- ZEW Survey
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Wed 17 Oct 2018
AA 08:30 GB- CPI
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Thu 18 Oct 2018
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