This Week’s Economic Events & What you need to Focus on

April 17, 2017

Here are the list of Important Economic News of the Week and its details.

This Week’s Economic Events & What you need to Focus on

This article is originally referred from JustForex News

The most significant event last week was the statements by the US president. D. Trump called the US currency too “strong” and preferred a policy of lower interest rates.

The attention is focused this week on the first round of the presidential elections in France. The tension around North Korea supports the demand for safe assets.

We recommend you to pay attention to the following events.

April 17th

Today we should expect a lower trading activity and volatility due to holidays (Easter Sunday and Easter Monday) in most European countries.

At the same time, China will publish data on GDP and industrial production in the country.

These economic reports may have a significant impact on the dynamics of the Australian dollar for several days.

April 18th

On Tuesday, the news background will be relatively calm.

The Reserve Bank of Australia will publish Minutes of the Monetary Policy Meetings (03:30 GMT+3:00).

It is also necessary to pay attention to economic reports on the real estate market in the USA (15:30 GMT+3:00).

April 19th

On Wednesday, we expect important statistics on the EU economy.

At 12:00 (GMT+3:00) Eurostat will publish the consumer price index in the euro area (March).

At the moment, most experts believe that the figure will remain unchanged at 1.5%. This statistics will have a strong impact on the dynamics of the single currency.

Also at 17:30 (GMT+3:00) the Energy Information Administration will release the data on crude oil reserves in the US. The trading activity may grow on commodity currencies.

April 20th

During the Asian trading session, the consumer price index (q/q) of New Zealand will be published.

Most experts expect inflation to accelerate in the country.

The Ministry of Finance of Japan will publish important statistics on the trade balance in Japan.

Also at 15:30 (GMT+3:00) the Federal Reserve Bank of Philadelphia will release the data on the indices of industrial activity and employment.

April 21st

During the European trading session, a number of indices on business activity in Germany and in the euro area will be released. At 11:30 (GMT+3:00) there will be important statistics on retail sales in the UK.

At 15:30 (GMT+3:00), the Statistics Canada will publish data on the consumer price index.

It is also necessary to pay attention to the data on the real estate market in the USA (17:00 GMT+3:00).

JustForex Official Website

Original Source: JustForex News

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