Three interest rate announcements from the Reserve Bank of New Zealand, the Bank of England and the Bank of Canada, coupled with the Australian Employment, the U.K. Industrial Production, the Fed’s Beige Book and the U.S. Consumer Sentiment are the economic reports that would be most likely to move the markets 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, Sept. 6 will begin the trading session with the Australian Construction Performance Index, a leading indicator of housing market conditions measuring the activity of construction companies, at 7:30 pm, ET, followed by the Australian Job Advertisements, an indicator of employment trends and labor market conditions, at 9:30 pm, ET.
Monday, Sept. 7 will start with two notable reports- the Euro-zone Sentix Investor Confidence Index of the outlook of investors on the economy, at 4:30 am, ET, and the German Manufacturers’ Orders, a leading indicator of manufacturing activity, at 6:00 am, ET.
The U.S. markets will be closed in observance of the Labor Day holiday.
The first spotlight event of the week will bring the U.K. Royal Institution of Chartered Surveyors House Price Balance, measuring changes in home prices, at 7:00 pm, ET, along with the BRC- British Retail Consortium Retail Sales Monitor, an important gauge of consumer spending, also at 7:00 pm, ET.
The day will end with the Japanese Current Account of goods, services and transfer of payments into and out of the country, at 7:50 pm, ET, and the Australian Business Confidence, a measure of the economic sentiment of businesses in the non-farm sector, at 9:30 pm, ET.
Tuesday, Sept. 8 will begin with the Japanese Eco Watchers Survey of the sentiment of businesses in the services industry, at 1:00 am, ET, followed by the Swiss Unemployment Rate, at 1:45 am, ET, and the German Trade Balance of the difference between imports and exports of goods and services, at 2:00 am, ET.
One of the main spotlight events of the week- the U.K. Industrial Production and Manufacturing Output, the main gauge of industrial activity measuring the physical output of the nation's factories, mines and utilities, will hit the newswires at 4:30 am, ET.
Another notable report- the German Industrial Production, the main measure of industrial activity measuring the physical output of factories, mines and utilities in the Euro-zone’s largest economy will be released at 6:00 am, ET.
News from Canada will bring the Canadian Building Permits, a leading indicator of housing market activity, at 8:30 am, ET.
The sequence of important economic releases will continue with the U.K. Consumer Confidence Index, a survey of consumers’ financial conditions and confidence in the economy, at 7:00 pm, ET.
The day will end with notable reports from “down under”- the Australian Westpac Melbourne Institute Consumer Sentiment, a measure of consumers’ outlook on the economy, at 9:00 pm, ET, followed by the Australian Home Loans, a leading indicator of housing market conditions measuring the total number of issued home loans, at 9:30 pm, ET, and the Australian Retail Sales, the main gauge of consumer spending, also at 9:30 pm, ET.
Wednesday, Sept. 9 will start with the Japanese Leading Indicators of economic activity, at 1:00 am, ET, and the German CPI- Consumer Price Index, the main measure of inflation in the Euro-zone’s largest economy, at 2:00 am, ET.
The U.K. Trade Balance of the difference between imports and exports of goods and services will follow at 4:30 am, ET.
Housing data from Canada will deliver the Canadian Housing Starts, an important measure of new residential construction and housing market activity, at 8:15 am, ET.
The U.S. economic data will bring a spotlight event- the Fed’s Beige Book of economic conditions in the 12 Federal Reserve Districts based on anecdotal evidence considered by the FOMC members when making monetary policy decisions, scheduled at 2:00 pm, ET.
Another spotlight event will follow with the release of the Reserve Bank of New Zealand Interest Rate Announcement at 5:00 pm, ET.
The series of spotlight events will continue with the preliminary estimate of the U.K. GDP- Gross Domestic Product, the main measure of economic activity and growth, at 7:00 pm, ET.
The Japanese Machinery Orders, a leading indicator of industrial activity, will be released at 7:50 pm, ET, along with the Japanese CGPI- Corporate Goods Price Index, an equivalent to a PPI- Producers Price Index as a measure of wholesale inflation experienced by manufacturers and a leading indicator of consumer inflation, also at 7:50 pm, ET.
The Australian Melbourne Institute Inflation Expectations survey of consumers’ outlook on inflation will come at 9:00 pm, ET.
The day will end with a spotlight event- the Australian Employment Situation and Unemployment Rate, the main gauge of labor market conditions, at 9:30 pm, ET.
Thursday, Sept. 10 will begin with a notable report- the European Central Bank’s Bulletin of statistical data on inflation, economic activity and growth, at 4:00 am, ET, followed by the U.K. Leading Indicators of economic activity, at 5:00 am, ET.
One of the main spotlight events of the week- the Bank of England's Interest Rate Announcement will be released at 7:00 am, ET.
The U.S. economic data will begin with a spotlight event- the U.S. International Trade Balance, a measure of the difference between imports and exports of goods and services, at 8:30 am, ET, along with the U.S. Weekly Jobless Claims, at 8:30 am, ET, and the Canadian Trade Balance, also at 8:30 am, ET.
Another spotlight event- the Bank of Canada Interest Rate Announcement will hit the newswires at 9:00 am, ET.
The U.S. economic reports will continue with the EIA- Energy Information Administration Weekly Natural Gas Inventories, at 10:30 am, ET, and the EIA- Energy Information Administration Weekly Oil Inventories, at 11:00 am, ET.
The day will end with a spotlight event- the Japanese GDP- Gross Domestic Product, the main measure of economic activity and growth, at 7:50 pm, ET.
Friday, Sept. 11 will start with the Japanese Household Confidence, a measure of consumer sentiment, at 1:00 am, ET.
The U.K. economic data will bring a spotlight event- the U.K. Input and Output PPI- Producers Price Index, the main measure of inflation experienced by manufacturers and a leading indicator of consumer inflation, at 4:30 am, ET.
The U.S. economic reports will begin with the U.S. Import and Export Prices, an indicator of inflationary trends in internationally traded products, at 8:30 am, ET.
One of the main spotlight events of the week- 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, will be released at 9:55 am, ET.
The trading week will end with another notable U.S. report- the Federal Budget Balance, a U.S. Treasury statement of income and spending by the government, scheduled at 2:00 pm, ET.
