Event |
Date |
Time |
Currency |
Impact |
Forecast |
Previous |
German ifo Business Climate |
Mon Dec 18 |
2:00pm |
EUR |
Medium |
87.6 |
87.3 |
Monetary Policy Meeting Minutes |
Tue Dec 19 |
5:30am |
AUD |
High |
|
|
Monetary Policy Statement |
Tue Dec 19 |
Tentative |
JPY |
High |
|
|
BOJ Policy Rate |
Tue Dec 19 |
Tentative |
JPY |
Medium |
-0.10% |
-0.10% |
BOJ Press Conference |
Tue Dec 19 |
Tentative |
JPY |
High |
|
|
CPI m/m |
Tue Dec 19 |
6:30pm |
CAD |
High |
-0.2% |
0.1% |
Median CPI y/y |
Tue Dec 19 |
6:30pm |
CAD |
High |
3.3% |
3.6% |
Trimmed CPI y/y |
Tue Dec 19 |
6:30pm |
CAD |
High |
3.3% |
3.5% |
Common CPI y/y |
Tue Dec 19 |
6:30pm |
CAD |
Medium |
4.0% |
4.2% |
Building permits |
Tue Dec 19 |
6:30pm |
USD |
Medium |
1.46M |
1.49M |
|
Wed Dec 20 |
12:00am |
NZD |
Medium |
|
|
1-y Loan Prime Rate |
Wed Dec 20 |
6:15am |
CNY |
Medium |
3.45% |
3.45% |
5-y Loan Prime Rate |
Wed Dec 20 |
6:15am |
CNY |
Medium |
4.20% |
4.20% |
CPI y/y |
Wed Dec 20 |
12:00pm |
GBP |
High |
4.3% |
4.6% |
CB Consumer Confidence |
Wed Dec 20 |
8:00pm |
USD |
High |
104.1 |
102.0 |
Existing Home Sales |
Wed Dec 20 |
8:00pm |
USD |
Medium |
3.77M |
3.79M |
Core Retail Sales m/m |
Thu Dec 21 |
6:30pm |
CAD |
Medium |
0.6% |
0.2% |
Retail Sales m/m |
Thu Dec 21 |
6:30pm |
CAD |
Medium |
0.7% |
0.6% |
Final GDP q/q |
Thu Dec 21 |
6:30pm |
USD |
High |
5.2% |
5.2% |
Unemployment Claims |
Thu Dec 21 |
6:30pm |
USD |
High |
215K |
202K |
Final GDP Price Index q/q |
Thu Dec 21 |
6:30pm |
USD |
Medium |
3.6% |
3.6% |
Philly Fed Manufacturing Index |
Thu Dec 21 |
6:30pm |
USD |
Medium |
-3.2 |
-5.9 |
Retail Sales m/m |
Fri Dec 22 |
12:00pm |
GBP |
High |
0.5% |
-0.3% |
GDP m/m |
Fri Dec 22 |
6:30pm |
CAD |
High |
0.2% |
0.1% |
Core PCE Price Index m/m |
Fri Dec 22 |
6:30pm |
USD |
High |
0.2% |
0.2% |
Core Durable Goods Orders m/m |
Fri Dec 22 |
6:30pm |
USD |
Medium |
0.1% |
0.0% |
Durable Goods Orders m/m |
Fri Dec 22 |
6:30pm |
USD |
Medium |
2.7% |
-5.4% |
Revised UoM Consumer Sentiment |
Fri Dec 22 |
8:00pm |
USD |
High |
69.5 |
69.4 |
New Home Sales |
Fri Dec 22 |
8:00pm |
USD |
Medium |
687K |
679K |
This table is in EST (Eastern Standard Time)
Navigating Forex News Events: Dec 17 – Dec 23
As we approach the final trading weeks of the year, staying abreast of key Forex news events is crucial for informed decision-making. This week, from December 17 to December 23, promises significant market movements. Before we dive into the events, remember that the right tools and strategies can enhance your trading experience. Check out the promotions at 4xPip for cutting-edge tools and expert advisors to elevate your trading game.
-
German ifo Business Climate (Dec 18, 2:00 pm EST) – EUR:
Kicking off the week, the German ifo Business Climate report is expected to have a medium impact on the Euro. Keep an eye on the forecasted 87.6, compared to the previous 87.3.
-
Monetary Policy Meetings and Statements (Dec 19, Various Times) – AUD & JPY:
Tuesday brings high-impact events with the Monetary Policy Meeting Minutes for AUD and the BOJ Policy Rate and Press Conference for JPY. The outcomes of these meetings can significantly influence their respective currencies.
-
Canadian CPI Data (Dec 19, 6:30 pm EST) – CAD:
Canada releases crucial Consumer Price Index (CPI) data. Furthermore, watch for the month-on-month CPI, Median CPI year-on-year, Trimmed CPI year-on-year, and Common CPI year-on-year figures, all carrying high impact.
-
RBNZ Gov Orr Speaks (Dec 20, 12:00 am EST) – NZD:
Midweek, Reserve Bank of New Zealand (RBNZ) Governor Orr speaks, potentially impacting the NZD. Also, stay alert for any insights that might influence the Kiwi currency.
-
UK CPI and US Consumer Confidence (Dec 20, Various Times) – GBP & USD:
Wednesday brings the UK CPI year-on-year and the U.S. Consumer Confidence figures. Moreover, both events are high-impact, with traders watching closely for potential market shifts.
-
Final GDP and Unemployment Claims (Dec 21, 6:30 pm EST) – USD:
As the week progresses, Thursday features high-impact events for the USD, including the Final GDP quarter-on-quarter and the Unemployment Claims figures. These releases can have a profound impact on the U.S. dollar and broader markets.
Summary
In summary, this week’s Forex landscape is marked by pivotal events across major currencies. Also, traders should remain vigilant and consider the potential impacts of economic indicators and central bank communications. Lastly, for the latest trading tools and expert advisors, explore the promotions at 4xPip.