7th Nov to 11th Nov
By Dawn, Bank Of Japan is to review Monetary Meeting which forecasts economic developments inside and outside of Japan which indicates signs of New Fiscal Policy which has a big impact on JPY Volatility. By Midday Swiss Federal Reserve will release its Consumer Price Index which is the main indicator to measure inflation and changes in purchasing trends, the purchase power of CHF is dragged down by inflation. Later in the day US will release its Labor Market Conditions which significantly reflects overall labor market conditions of USA. The Most Anticipated event is US Elections since the next State Head in office will determine the Financial stability of the economy and future international trade sentiments among all countries. Swiss will release its Unemployment Rate which is the number of unemployed workers divided by the civilian labor force, Significantly if this rate is higher it indicates a lack of expansion within the Swiss Labor Market and Vice Versa. GBP will release its NIESR GDP which is an estimate of growth over the last 3 months. The day will be a quiet day in terms of top tier data being released. Early Dawn, Australia will release its Westpac Consumer Confidence which captures the level of sentiment that individuals have in economic activity and followed by Mid-Year Economic & Fiscal Outlook of Australia. China will be releasing its Consumer Price Index which is a key indicator to measure inflation and changes in purchasing trends. A substantial consumer price index increase would indicate that inflation has become a destabilizing factor in the economy that can prompt Bank of China to tighten monetary policy and fiscal policy risks. By Early Dawn, New Zealand will decide its Interest Rate decision followed by the monetary policy statements which sets out how the Reserve Bank proposes to formulate and implement monetary policy during the next five years. Australia will release its consumer inflation expectation of future inflation during this coming year. This report has a significant effect on probability of rate hike by the RBA, followed by reports on Home Loans & Investment Lending for Homes which are both reviews on how the Housing Markets demand & supply has reacted in the past months. Significantly a higher reading is seen as a positive trend for Australia's Economic growth. To close the day, reports USA will release reports on Initial Jobless claims & continuing jobless claims. New Zealand will release its Business NZ PMI which is an important indicator of the overall economic conditions which significantly indicates the business conditions of NZD. Later in the day, Germany will release its Consumer Price Index which indicates to measure the inflation and changes in purchasing trends of Germany. Finally to close off the week, Bank of Canada Governor Poloz will speak on the current economic conditions of Canada. Monday
Tuesday
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Thursday
Friday
