In terms of economic events, this week will be much calmer than the previous one. The main events of the week will be the meeting of the Central Bank of Australia, the UK GDP data, inflation data in Germany and China, and speeches by representatives of central banks. In Australia, a 0.25% rate hike is expected as inflation jumped to its highest level in 33 years. The UK will release the Gross Domestic Product data on Friday, which is expected to show the economy will avoid contraction. Investors will closely watch comments from European Central Bank and US Fed officials after the ECB hiked rates by 0.5% last week and the US labor market showed very strong data. Also, traders shouldn't forget about the US and European earning seasons.
- – Australia Retail Sales (m/m) at 02:30 (GMT+2);
- – UK Construction PMI (m/m) at 11:30 (GMT+2);
- – Eurozone Retail Sales (m/m) at 12:00 (GMT+2);
- – Canada Ivey PMI (m/m) at 17:00 (GMT+2);
- – ECB President Lagarde's Speech at 20:00 (GMT+2).
- – Australia RBA Interest Rate Decision at 05:30 (GMT+2);
- – Australia RBA Rate Statement at 05:30 (GMT+2);
- – Switzerland Unemployment Rate (m/m) at 08:45 (GMT+2);
- – German Industrial Production (m/m) at 09:00 (GMT+2);
- – US Trade Balance (m/m) at 15:30 (GMT+2);
- – Canada Trade Balance (m/m) at 15:30 (GMT+2);
- – US Fed Chair Powell Speaks at 19:00 (GMT+2);
- – Canada BoC Gov Macklem's Speech at 19:30 (GMT+2).
- – India Interest Rate Decision at 06:30 (GMT+2);
- – US FOMC Member Williams Speaks at 16:15 (GMT+2);
- – US Crude Oil Reserves (w/w) at 17:30 (GMT+2);
- – US FOMC Member Waller Speaks at 20:45 (GMT+2).
- – German Consumer Price Index at 09:00 (GMT+2);
- – UK Monetary Policy Report Hearings at 11:45 (GMT+2);
- – Eurozone Economic Forecasts (m/m) at 12:00 (GMT+2);
- – US Initial Jobless Claims (w/w) at 15:30 (GMT+2);
- – US Natural Gas Reserves (w/w) at 17:30 (GMT+2).
- – Japan Producer Price Index (m/m) at 01:50 (GMT+2);
- – Australia RBA Monetary Policy Statement at 02:30 (GMT+2);
- – China Consumer Price Index (m/m) at 03:30 (GMT+2);
- – China Producer Price Index (m/m) at 03:30 (GMT+2);
- – UK GDP (q/q) at 09:00 (GMT+2);
- – UK Industrial Production (m/m) at 09:00 (GMT+2);
- – UK Manufacturing Production (m/m) at 09:00 (GMT+2);
- – Canada Unemployment Rate (m/m) at 15:30 (GMT+2);
- – US Michigan Consumer Sentiment (m/m) at 17:00 (GMT+2);
- – US FOMC Member Waller Speaks at 19:30 (GMT+2).
by 2023.02.06
, We advise you to get acquainted with the daily forecasts for the major currency pairs.This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.
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