FXPRIMUS, Important Economic News Events of the week -February 12th to 17th-
Equities Start Rebounding, Eyes on Inflation.
This article is originally referred from FXPrimus News.
FXPrimus has summarized the important market indicators of the week.
THIS WEEK’S INDICATORS
The DOLLAR index rose against majors last week amid strong economic indicators while EURO, STERLING and the commodities (Oil, Gold) fell as US Economic data stayed the course.
This week starts on a light footing on the calendar but this will change as inflation figures are expected to be published in GB, NZ and US.
February 12th, Monday
GB and AU members speak during a light economic calendar, Bank Holiday in Asia.
A somewhat quiet on the economic calendar start to the week with speeches expected by MPC Members Vlieghe and McCafferty, as well as RBA Assistant Gov Ellis.
Technicals may weigh in.
February 13th, Tuesday
Heightened market volatility anticipated amidst GB inflation data.
Tuesday will be characterized by low volatility as only a few macroeconomic events compared to last week yet of one of those is of critical importance and will create volatility; the United Kingdom CPI at 09:30 GMT.
On other events, FOMC Member Mester will speak about the US economic outlook and monetary policy at 13:00.
February 14th, Wednesday
All eyes on NZ and US inflation figures, and the European GDP.
Volatility in the session will kick-in early in the Asian Sydney opening as RBA will publish its quarter inflation expectations at 02:00 AM.
In Europe, Investors will focus on German, Italian and EU. GDP figures and later on the US CPI and Retail Sales reports, at 13:30 GMT.
The session is full of economic events and volatility is expected to be high. US Crude Oil will be also due at 15:30 GMT.
February 15th, Thursday
Chinese markets closed but the global calendar is busy with opportunities all around.
RBA is expected to publish its monthly Jobs Report at 00:30 GMT while the Chinese markets will be closed due to the Spring Festival.
At 13:30 GMT a number of reports will be published with the US PPI being the highlight.
After NY close NZ will release its Business Manufacturing Index and at 22:30 GMT RBA’s Gov Lowe will testify before the House of Representatives’ Standing Committee on Economics.
February 16th, Friday
Chinese Bank Holiday continues yet the end of the week offers more opportunities amid GB and US data.
The closing of the week will provide periods of high volatility around the release of the GB Retail Sales and the US Building Permits at 09:30 and 13:30 GMT respectively.
More economic indicators add on to volatility around 13:30, however, markets are likely to see pairs mixed in case the reports conflict with one another.
Original Source: FXPrimus News
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