|
Event |
Date |
Time |
Currency |
Impact |
Forecast |
Previous |
|
CPI m/m |
Mon Dec 4 |
2:30am |
CHF |
High |
0.0% |
0.1% |
|
ECB President Lagarde Speaks |
Mon Dec 4 |
9:00am |
EUR |
Medium |
|
|
|
Tokyo Core CPI y/y |
Mon Dec 4 |
6:30pm |
JPY |
Medium |
2.4% |
2.7% |
|
Caixin Services PMI |
Mon Dec 4 |
8:45pm |
CNY |
Medium |
50.7 |
50.4 |
|
Cash Rate |
Mon Dec 4 |
10:30pm |
AUD |
High |
4.35% |
4.35% |
|
RBA Rate Statement |
Mon Dec 4 |
10:30pm |
AUD |
High |
|
|
|
ISM Services PMI |
Tue Dec 5 |
10:00am |
USD |
High |
52.5 |
51.8 |
|
JOLTS Job Openings |
Tue Dec 5 |
10:00am |
USD |
High |
9.33M |
9.55M |
|
GDP q/q |
Tue Dec 5 |
7:30pm |
AUD |
High |
0.4% |
0.4% |
|
Construction PMI |
Wed Dec 6 |
4:30am |
GBP |
Medium |
46.9 |
45.6 |
|
BOE Gov Bailey Speaks |
Wed Dec 6 |
6:00am |
GBP |
High |
|
|
|
ADP Non-Farm Employment Change |
Wed Dec 6 |
8:15am |
USD |
High |
120K |
113K |
|
BOC Rate Statement |
Wed Dec 6 |
10:00am |
CAD |
High |
|
|
|
Overnight Rate |
Wed Dec 6 |
10:00am |
CAD |
High |
5.00% |
5.00% |
|
Ivey PMI |
Wed Dec 6 |
10:00am |
CAD |
Medium |
54.2 |
53.4 |
|
Foreign Currency Reserves |
Thu Dec 7 |
3:00am |
CHF |
Medium |
|
658B |
|
Unemployment Claims |
Thu Dec 7 |
8:30am |
USD |
High |
221K |
218K |
|
New Loans |
Fri Dec 8 |
8th-15th |
CNY |
|
1320B |
738B |
|
Average Hourly Earnings m/m |
Fri Dec 8 |
8:30am |
USD |
High |
0.3% |
0.2% |
|
Non-Farm Employment Change |
Fri Dec 8 |
8:30am |
USD |
High |
185K |
150K |
|
Unemployment Rate |
Fri Dec 8 |
8:30am |
USD |
High |
3.9% |
3.9% |
|
Prelim UoM Consumer Sentiment |
Fri Dec 8 |
10:00am |
USD |
High |
62.0 |
61.3 |
|
Prelim UoM Inflation Expectations |
Fri Dec 8 |
10:00am |
USD |
Medium |
|
4.5% |
|
CPI y/y |
Fri Dec 8 |
8:30pm |
CNY |
High |
-0.2% |
-0.2% |
|
PPI y/y |
Fri Dec 8 |
8:30pm |
CNY |
Medium |
-3.0% |
-2.6% |
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].
