Week 46 Ahead – Forex Trading Calendar
Consumer price index (CPI) from the UK, US and Canada, plus UK unemployment and retail sales, dominate the coming week.
Earnings season in the US is all but over, but we have Cisco still to come. Half-year earnings from Vodafone and REITs British Land and Land Securities are ones to watch for UK investors.
5.45pm -BoJ Gov Kuroda Speaks ahead of Tuesdays GDP release.
7am – Germany GDP (Q3, flash): forecast to rise to 2.2% from 2.1% YoY, and remain at 0.6% MoM. Market to watch: EUR crosses
9.30am – UK CPI (October): prices expected to grow 0.2% MoM and 3.2% YoY, from 0.3% and 3.2% respectively. Core CPI to rise 2.8% YoY from 2.7%. Market to watch: GBP crosses
10am – eurozone GDP (Q3, 2nd estimate): growth expected to be 0.6% QoQ and 2.5% YoY. Market to watch: EUR crosses
10am – German ZEW index (November): economic sentiment forecast to rise to 19.2 from 17.6. Market to watch: EUR crosses
1.30pm – US PPI (October): prices expected to rise 0.1% MoM from 0.4%. Market to watch: USD crosses
11.50pm – Japan GDP (Q3, preliminary reading): forecast to be 2.6% YoY from 2.5%, and 0.3% from 0.6% QoQ. Markets to watch: Nikkei, JPY crosses
9.30am – UK employment data: claimant count expected to rise 8.9K in October, from 1.7K in September, while the September unemployment rate remains at 4.3% and average hourly earnings rise 2.1% from 2.2%. Market to watch: GBP crosses
1.30pm – US CPI, retail sales (October): CPI expected to be 2% YoY and 0.1% MoM, from 2.2% and 0.5% respectively. Retail sales forecast to rise 0.1% MoM from 1.6%. Markets to watch: US indices, USD crosses
3.30pm – US EIA crude inventories (w/e 10 November): stockpiles rose by 2.2 million barrels a week earlier. Markets to watch: Brent, WTI
12.30am – Australia employment data (October): 23,800 jobs expected to have been created, from 19,800, while unemployment rate forecast to rise to 5.6% from 5.5%. Market to watch: AUD crosses
9.30am – UK retail sales (October): forecast to fall 0.1% from -0.8% MoM, and fall 0.8% from 1.2% YoY. Market to watch: GBP crosses
10am – eurozone inflation (October): expected to rise 0.1% MoM from 0.4%. Market to watch: GBP crosses
1.30pm – US initial jobless claims (w/e 11 November): forecast to fall to 236K from 239K. Markets to watch: US indices, USD crosses
1.30pm – Canada CPI (October): prices expected to rise 0.1% MoM and 1.6% YoY, from 0.2% and 1.6% respectively. Market to watch: CAD crosses
1.30pm – US housing starts & building permits (October): building permits rose fell 3.7% in September, while housing starts fell 4.7%. Markets to watch: US indices, USD crosses
Source: Chris Beauchamp