mask The week ahead | Markets focus on US FOMC Statement

18/ 09/ 2016

The week ahead | Markets focus on US FOMC Statement

19th - 23rd September

Monday

The week begins quietly with no top tier data releases. The only event to note is USD NAHB housing market index for Sep. Which shows the new house sales and housing market situation of USA.

Tuesday

Day starts with concentration in Australia with RBA’s Meeting Minutes by dawn. Germany will be releasing its producer price index. Along with USA will be releasing reports on building permits and housing starts reports. Canadian Bank Governor Poloz will be speaking Economic condition of the country.

To finish off with on Tuesday Japan will be releasing Export, Import and Merchandise Trade Balance reports.

  • Australia Reserve Bank Meeting Minutes
  • Germany Producer Price Index
  • USD Building Permits & Housing Start
  • Canadian Bank Governor Speech
  • Japan Export, Import & Merchandise Trade Balance

Wednesday

This will be a busier day with Australia’s Mid-Year Economic and Fiscal Outlook & Westpac Leading Index by Dawn. Bank of Japan will have press conference held at 03:00 AM GMT, BOJ Interest Rate decision and BOJ Monetary Policy Statement.

But the Highlight of the Week will be on USA FOMC Meeting and Interest Rate Decision.

  • AUD Mid-Year Economic and Fiscal Outlook
  • Westpac Leading Index
  • BOJ Interest Rate Decision & Monetary Policy Statement
  • US FOMC Economic Projections, Fed’s Monetary Policy Statement, Fed Interest Rate Decision & FOMC Press Conference

Thursday

Day begins with Economic Bulletin report from Europe. By Mid-Day reports from USD Chicago Fed National Activity Index and Initial Jobless claims. But todays focus will be on ECB President Draghi’s speech on Economic condition of Europe.

  • Europe Economic Bulletin Report
  • USD Chicago Fed national Activity Index & Initial Jobless Claims.
  • ECB President Draghi’s Speech

Friday

Focus of the day will be Reserve Bank of Australia Governor Philip Lowe’s Speech. Japan’s All Industry Activity Index by 02:0 Am GMT. Day gets busy with reports from Germany and Europe on Markit Services PMI, Markit PMI Composite and Markit Manufacturing PMI. Reports from USA will be on Markit Manufacturing PMI and Baker Hughes Oil Rig Count to finish the week.

  • AUD RBA’s Governor Philip Lowe Speech

  • JPY All Industry Activity Index

  • Germany & Europe Reports on Markit Services PMI, Markit PMI Composite and Markit Manufacturing PMI
  • USD Markit Manufacturing PMI & Baker Hughes Oil Rig Count