8th May 2017 - 12th May 2017
Followed by France Presidential Elections, this week is going to be a highly important week for Investors. The successful candidate of this election will determine if there is going be another Exit from EU or not. Monday is a low tier data day with Housing Starts and Bank of Canada reviewing their Economic conditions of New Homes. Followed by US Labor Market Conditions report which gives us an insight of their Employment sector of the country. The Trade Balance released by the Statistisches Bundesamt Deutschland is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. It is an event that generates some volatility for the EUR. Followed by reports from Import & Export status of Germany Economy. ECB President Draghi’s speech on Economic conditions of the European Economy followed by New Zealand Interest Rate Decision & Monetary policy statement of New Zealand economic conditions. BoE Interest Rate Decision is announced by the Bank of England. If the BoE is hawkish about the inflationary outlook of the economy and raises the interest rates it is positive, or bullish, for the GBP. Likewise, if the BoE has a dovish view on the UK economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish. Followed by Quarterly Inflation figures which gives us a detailed insight of the Economic Analysis and Inflation projections. The GDP is considered as a broad measure of the German economic activity and health. CPI is the main indicator to measure inflation and changes in purchasing trends. To end a highly anticipated week of Top Tier data and Political environment in European Union, US will release its US Retail Sales which gives us an insight on the purchasing trends of US and its Retail Sector growth. This will be followed by CPI main indicator of measuring Inflation and change Consumer Price Index. Monday
Tuesday
Wednesday
Thursday
Friday
