This week investors’ focus on ECB Conference & Inflation and Jobs Reports

November 13, 2017

Dollar Mixed, Emphasis on RBA, RBNZ.

This week investors’ focus on ECB Conference & Inflation and Jobs Reports

This article is originally referred from FXPrimus News

FXPrimus has summarized the important market indicators of the week.

This week’s indicators

With ‘noise’ created around the Tax Reform plan Dollar ended the week mixed as investors expectations failed to be met.

While US fiscal policy is a major sentiment variable for this coming week, market participants will most likely focus on the Central Bank Communications Conference hosted by ECB on Tuesday.

In addition, inflation and jobs reports scheduled for release may create some key opportunities.

DOLLAR-YEN DAILY CHART

Monday, November 13th

Little movement is expected due to lack of macroeconomic events.

Today US FOMC member Harker is due to speak about balance-sheet normalization at 12:10 GMT. Later in the day, at 17:45, BoJ’s Kuroda is also due to speak, but his speech will be about monetary policy.

Canadian banks are closed today in observance of Remembrance Day.

Tuesday, November 14th

ECB’s Conference and inflation data from UK and US in focus.

Investors could uncover opportunities around the release of UK’s CPI figures at 09:30 GMT.

Attention will shift to ECB’s Conference at 10:00, where Draghi, Carney, Kuroda and Yellen are expected to speak.

US will also print its latest PPI figures at 13:30, while later, 23:50, Japan will publish its quarter on quarter GDP.

Wednesday, November 15th

Volatility expected around the release of UK Jobs data, and US CPI and Retail Sales figures.

The session is expected to offer opportunities around the release of UK’s Average Earning Index at 09:30 GMT. At 13:30, BLS will publish October’s CPI while at the same time CB will release October’s Retail Sales.

Later in the session, at 15:30, EIA is scheduled to release the weekly Inventories report.

Thursday, November 16th

A packed session with emphasis on Inflation, Jobs and Consumer data.

With the Aussie Jobs report being released at 00:30, volatility is likely to offer opportunities early in the session.

At 10:00, market participants may prepare for EU’s CPI print.

In US, the weekly Unemployment Claims report will be released at 13:30 along with the Philly Index, while FOMC’s Kaplan and Brainard are due to speak at 17:00 and 20:45 GMT, respectively.

At 14:00 GMT, BoE Gov Carney will speak about economics and how the financial world affects your life.

Friday, November 17th

A relatively volatile close for the week on Draghi’ speech, Inflation and Construction reports.

Friday’s session is likely to kick-off offering opportunities to investors as Draghi is expected to deliver a speech titled “Europe into a New Era – How to Seize the Opportunities” at 08:30 GMT.

Statistics Canada will release October’s CPI figures, and US, its monthly Building Permits, both at 13:30.

Original Source: FXPrimus News

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