Elections & Interest Rate Decisions awaiting to increase Volatility in Markets this week!

September 18, 2017

Focus on Politics and Central Banks.

Elections & Interest Rate Decisions awaiting to increase Volatility in Markets this week!

This article is originally referred from FXPrimus News

FXPrimus has summarized the important market indicators and Economic News & Events of the week!

This week’s indicators

A busy week with the FOMC being in the spotlight as investors have waited long for the announcement on the Fed’s balance sheet.

BoJ is also expected to announce the Interest Rate, however the scale of this will be limited compared to FOMC.

Australia will also provide a view on future prospects with the release of their Policy Meeting Minutes, while Eurozone data as well as Draghi’s speeches could shift Euro sentiment.

New Zealand will hold its 52nd Parliamentary Elections on Friday, and Germany, the German elections on the 24th; the latter is likely to provide more clues on strong Euro and future European economy.

NZ GDP will be eyed ahead of the elections.

EURUSD 4-HOUR CHART

September 18th, Monday

A quiet session with volatility expected to raise during Carney’s speech. This week will start with the Eurozone’s Final Inflation figures at 06:00 GMT while the Japanese markets remain closed due to a Bank Holiday.

Canada will release the Foreign Securities Purchases at 12:30 and this will be followed by Lane’s speech at the Saskatoon Regional Economic Development Authority at 18:00.

The highlight for the day will be BOE Gov Carney’s speech at the Central Banking Lecture hosted by the IMF; eyed from all investors due to upsurge on Sterling.

September 19th, Tuesday

Volatility is expected early starting with RBA’s minutes, followed by Eurozone, US and Asian data.

A busier day starting with a possible view on Australia’s future policy direction.

In Germany, the ZEW economic index is expected at 09:00 GMT while Euro has been in a decline.

The US will announce Housing data at 12:30 GMT and near to the close of the session Japan will release their Trade Balance.

September 20th, Wednesday

FOMC will provide many opportunities while other releases in the EU, UK and US data are expected.

The most volatile session for the coming week will start early with RBA’s Ellis speech at the Australian Business Economists Lunchtime Briefing and the German PPI at 03:00 and 06:00 GMT, respectively.

UK Retail Sales will follow up at 08:30 GMT and US Existing Home Sales at 14:00.

The session will continue with EIA’s Crude Inventories for the week ending 15, at 14:30 GMT and will be followed by FOMC’s Rate decision at 18:00 GMT.

The session will close with NZ GDP.

September 21st, Thursday

BoJ will announce their Policy Rate while other events are expected to add more volatility.

Investors could look into opportunities during the Asian Session as BoJ will announce their Interest Rate, at 03:00 GMT.

RBA Lowe will speak at the American Chamber of Commerce at 05:10 GMT and this will be followed by BoJ’s Press Conference at 06:30 GMT.

Releases from UK and Canada at 08:30 and 12:30 GMT, respectively, could provide more opportunities for market participants, while at the same time the US Jobless Claims will add volatility to the markets.

The session will continue with Draghi, who is due to deliver opening remarks at the European Systemic Risk Board annual conference at 13:30 GMT.

September 22nd, Friday

A busy closing for the weekly session with Eurozone and Canadian data, Draghi, and NZ elections all in the spotlight.

Friday is expected to be very volatile amid New Zealand’s 52nd Parliamentary Elections.

The session will start with Euro Flash PMIs at 07:00 GMT and will be followed by Draghi’s speech at Trinity College, in Dublin at 08:00.

Statistics Canada will release their CPI and Core Retail Sales at 12:30 GMT as well as other minor reports.

Original Source: FXPrimus News

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