With the U.S. Non-Farm Payrolls and Employment Situation report out of the way, all eyes will shift to the Fed’s interest rate announcement in the week ahead.
In preparation for the new trading week, here is a quick look at the most important economic events that every currency trader should pay attention to.
Sunday, Aug. 9 will begin the trading session with the Japanese Current Account of goods, services and transfer of payments into and out of the country, at 7:50 pm, ET, along with the Japanese Money Supply, a measure of the value of all currency and liquid cash assets held by the public, also at 7:50 pm, ET.
The Australian Home Loans, a leading indicator of housing market conditions measure newly issued loans for home purchases, will be released at 9:30 pm, ET.
Monday, Aug. 10 will start with the Japanese Eco Watchers Survey of economic conditions and consumer spending, at 1:00 am, ET, followed by the German Wholesale Price Index, a gauge of inflation in wholesale goods, at 2:00 am, ET, and the French Industrial Production, the main gauge of industrial activity in the Euro-zone’s second largest economy, at 2:45 am, ET.
More Euro-zone data will bring the closely watched Sentix Investor Confidence Index of investors’ outlook on the economy, at 4:30 am, ET.
The day will conclude with two important reports- the U.K. RICS- Royal Institution of Chartered Surveyors House Price Balance of changes in home prices, at 7:00 pm, ET, and the British Retail Consortium Retail Sales Monitor, measuring weekly changes in retail sales, also at 7:00 pm, ET.
The Australian Business Confidence survey of business sentiment will wrap up the day at 9:30 pm, ET.
Tuesday, Aug. 11 will start with the first spotlight event of the week- the Bank of Japan Interest Rate Announcement, expected around 12:00 am, ET.
The German CPI- Consumer Price Index, the main measure of inflation in the Euro-zone’s largest economy, will be released at 2:00 am, ET.
Important U.K. economic reports will bring the U.K. Trade Balance of the difference between imported and exported goods and services, at 4:30 am, ET, along with the U.K. Department for Communities and Local Government House Price Index, a measure of U.K. housing market conditions and home price changes, also at 4:30 am, ET.
The U.S. economic data will begin with the U.S. Productivity and Costs, measuring labor efficiency and costs, at 8:30 am, ET.
The U.S. Wholesale Trade, a leading indicator of economic conditions measuring the number of realized sales and inventories held by wholesalers, will be released at 10:00 am, ET.
The day will conclude with a sequence of notable economic reports, beginning with the Japanese CGPI- Corporate Goods Price Index, an equivalent to a PPI- Producers Price Index as a measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, at 7:50 pm, ET.
The Australian Consumer Sentiment Survey of consumers’ outlook on the economy will come at 9:00 pm, ET, followed by the Australian WPI- Wage Price Index, a measure of inflation in wages, at 9:30 pm, ET.
Wednesday, Aug. 12 will start with a spotlight event- the Japanese Industrial Production, the main gauge of industrial activity measuring the physical output of factories, mines and utilities, scheduled at 12:30 am, ET, and the Bank of Japan’s Report on inflation, economic conditions and future monetary policy, at 1:00 am, ET.
A sequence of spotlight events will begin with the release of the U.K. Jobless Claims, Unemployment Rate and Average Earnings, the main gauges of employment trends and labor market conditions, due at 4:30 am, ET.
Another spotlight event- the Euro-zone Industrial Production, a measure of the physical output of factories, mines and utilities serving as the main gauge of industrial activity, will come at 5:00 am, ET.
More U.K. data will deliver a spotlight event crucial for the future fate of the British Pound- the Bank of England Inflation Report, containing detailed analysis and future estimates for inflation in the U.K., at 5:30 am, ET.
News from Canada will bring the Canadian Trade Balance of the difference between imports and exports, at 8:30 am, ET, along with the Canadian National Housing Price Index, a measure of changes in home prices, also at 8:30 am, ET.
The U.S. economic reports will begin with the U.S. International Trade Balance of the difference between imports and exports of goods and services, at 8:30 am, ET, and the EIA- Energy Information Administration Weekly Oil Inventories, at 10:30 am, ET.
The U.S. economic data will continue with the Federal Budget Balance, a U.S. Treasury statement of income and spending by the government, scheduled at 2:00 pm, ET.
The main spotlight event of the week- the U.S. FOMC- Federal Open Market Committee Interest Rate Announcement will be released at 2:15 pm, ET.
The day will end with New Zealand’s Business Manufacturing Index of activity in the manufacturing sector of the economy, at 6:30 am, ET, and the Australian Melbourne Institute Inflation Expectations survey of consumers’ expectations of future inflation, at 9:00 pm, ET.
Thursday, Aug. 13 will begin with two important economic reports- the German GDP- Gross Domestic Product Estimate of the main measure of economic activity and growth, at 2:00 am, ET, and the Swiss PPI- Producers Price Index, the main measure of wholesale inflation experienced by manufacturers and a leading indicator of consumer inflation, at 3:15 am, ET.
The European Central Bank’s Monthly Bulletin on monetary policy, inflation and economic conditions in the Euro-zone, will be released at 4:00 am, ET.
More European data will deliver a spotlight event- the Euro-zone Flash GDP- Gross Domestic Product, a preliminary estimate of the main measure of economic activity and growth, scheduled at 5:00 am, ET.
The U.S. economic reports will bring one of the main spotlight events of the week- the U.S. Retail Sales, the main gauge of consumer spending, measuring the total receipts at stores that sell durable and non-durable goods, due at 8:30 am, ET, along with the U.S. Import and Export Price indexes of price changes in domestic and foreign-produced goods, also at 8:30 am, ET.
The U.S. data will continue with the weekly Jobless Claims, an important gauge of labor market conditions measuring new unemployment claims, at 8:30 am, ET, and the U.S. Business Inventories, a measure of the total amount of inventories held by manufacturers, wholesalers, and retailers, at 10:00 am, ET.
The day will conclude with a sequence of notable economic reports, beginning with the New Zealand Retail Sales, the main gauge of consumer spending, measuring the total receipts at stores that sell durable and nondurable goods, at 6:45 pm, ET.
The Japanese Tertiary Index, a gauge of economic activity in the service industries: utilities, transport and telecommunications, wholesale and retail, finance, insurance, and real estate, will be released at 7:50 pm, ET, along with the Bank of Japan’s Meeting Minutes from the bank’s previous monetary policy meeting, also at 7:50 pm, ET.
Friday, Aug. 14 will bring a trading session filled with important economic data, starting with a major spotlight event- the Euro-zone HICP- Harmonized Index of Consumer Prices, the main measure of inflation in the Euro-zone and the European equivalent to the CPI- Consumer Price Index, at 5:00 am, ET.
The U.S. economic data will bring a sequence of spotlight events, beginning with the U.S. CPI- Consumer Price Index, the main measure of inflation in the world’s largest economy, at 8:30 am, ET.
Another spotlight event will follow with the release of the U.S. Industrial Production and Capacity Utilization, the main gauge of industrial activity measuring the physical output of factories, mines and utilities, at 9:15 am, ET.
The busy trading week will end with a spotlight event- the preliminary estimate of the U.S. Consumer Sentiment, the University of Michigan's monthly survey of 500 households on their financial conditions and outlook of the economy, scheduled at 9:55 am, ET.
