This table is in EST (Eastern Standard Time)

Monetary Policy in Focus

The week kicks off with a series of high-impact events, notably the Consumer Price Index (CPI) release in Switzerland, followed by ECB President Lagarde’s speech. Eyes will also be on Australia, as the Reserve Bank announces the Cash Rate and issues a Rate Statement. Traders, brace yourselves for potential market movements.

Japan and China on the Radar

Monday continues to be eventful with Japan’s Tokyo Core CPI data and China’s Caixin Services PMI, shedding light on economic health. The outcomes will likely influence trading sentiments across the JPY and CNY pairs.

USD Dominance on Tuesday

Tuesday sees the United States taking center stage with the release of the ISM Services PMI and JOLTS Job Openings. As the USD reacts, traders should be vigilant for potential shifts in the market.

Midweek Moves: GBP and CAD

Wednesday brings attention to the UK with the Construction PMI and words from BOE Governor Bailey. Simultaneously, Canada’s economic outlook will be shaped by the Bank of Canada’s Rate Statement and Overnight Rate.

Global Indicators on Thursday

Thursday unveils Switzerland’s Foreign Currency Reserves and the U.S. Unemployment Claims report. These indicators will provide insights into the stability of these respective currencies.

Closing the Week: USD and CNY

As the week concludes, attention turns to the U.S. labor market with the release of Non-Farm Employment Change and the Unemployment Rate. Meanwhile, China’s economic health is under scrutiny with data on Consumer Price Index (CPI) and Producer Price Index (PPI).

Summary

In a week packed with influential economic events, traders should stay attuned to the latest developments and market sentiments. 4xPip stands by your side, offering tools and expert advisors to enhance your trading experience. For more information, explore our promotions or contact us at [email protected].