Here is a weekly outlook for the week of January 24th to 28th showing the news items and reports that will be published this coming week mainly related to the US, Australia, Japan and EURO economies.
This forecast shows how prices of major commodities could be affected from these reports which include the following (all times GMT):
- Monday 24th of January tentative (postponed indefinitely) – Publishing the US Treasury Currency Report by the Department of Treasury: This report which is published twice a year provides information and analysis such as economic policies and economic conditions, on the US and major countries. Last time the report (July 2010) showed that the US is still on a high unemployment rate of 9.5%, however it did show an economic growth of an average 3.5% per quarter (annual basis), which was higher then the weighted-average of 2.4% of the other G7 countries. This report could provide insight into the economic growth and stability of major countries and thus inform us how their condition could affect commodities prices. (For the previous report check in this link)
The rest of the weekly forecast related to crude oil and gold on Trading Energy in this link