It was a volatile week in financial markets last week and the event calendar for the week ahead points to a potential blockbuster ahead with three major central banks making rate decisions, a plethora of tier one data out of the US and major tech players announcing their quarterly earnings data.
Highlights of the week will undoubtedly come around the central bank rate calls with the Fed, the Bank of Japan and the Bank of England all set to update the market and although there is no move expected from the FOMC, the other two are ‘live’ events and traders are anticipating moves around the rate call as well as the consequent market updates.
It is scheduled to be a relatively tame start to the week, but things will really heat up in terms of market updates as we move through the sessions which will culminate in the major US Non-Farms numbers on Friday.
Here is our highlights table of scheduled risk events in the major economies for the week ahead:
Tuesday
- EU – German CPI Data
- EU – Spanish CPI Data
- US – CB Consumer Confidence Data
- US – JOLTS Job Openings Data
Wednesday
- Australia – CPI Data
- Australia – Retail Sales Data
- Japan – Bank of Japan Rate Decision
- EU – Eurozone CPI Flash Data
- US – ADP Non-Farm Employment Data
- Canada – GDP Data
- US – Pending Home Sales Data
- US – Federal Reserve Bank Rate Decision
Thursday
- Switzerland – Bank Holiday
- UK – Bank of England Rate Decision
- US – Weekly Unemployment Claims Data
- US – ISM Manufacturing PMI Data
Friday
- Switzerland – CPI Data
- US – Non-Farm Employment Change Data
- US – Average Hourly Earnings Data
- US – Unemployment Rate Data
