Weekly Fiscal & Political Outlook

capital outlook

The week in view is likely to be a busier one, as markets anticipate the #Non-Farm Payrolls that is billed for the greenback, long with the #Aussie dollar #central bank input, and a host of crucial event risks that are connected to major global economies. Our main news for the week would probably be the key economic dollar-related releases, coupled with other high-impact event risk covering the Aussie and Canadian Dollars. A lot of attention would be drawn towards the greenback following its surprisingly high GDP data that came across the wires on Friday.

Greenback

The U.S. dollar is expected to have quite a busy week coming into the second half of the week. The ISM Manufacturing data is billed for Tuesday, which would be followed by the #ADP Non-Farm Employment Change along with the #Crude Oil Inventories. The release of the Unemployment Claims and Ism Non-Manufacturing PMI data are scheduled for Thursday. To crown things up, Friday will have the Non-Farm Employment Change data, Average Hourly Earnings numbers, Unemployment Rate and Trade Balance.

Aussie Dollar

Starting on Tuesday, we expect a busy week for the Aussie dollar following release of the Reserve Bank of Australia monthly Rate statement along with the #Cash Rate. The Building Approvals numbers is due as well. The GDP data is scheduled for Wednesday, which would be closely followed on Thursday by the Trade Balance. The #Retail Sales data is billed for Friday.

Sterling

It seems we’ll be having a fairly quiet week for the Pound, as we get ready on Tuesday for the release of Manufacturing PMI, Construction PMI on Wednesday and lastly, Services #PMI is scheduled for Thursday.

Lonnie

The week in view is going to be somewhat quiet, as we await GDP figures for Tuesday and lastly Friday’s Trade Balance.

China

#Manufacturing PMI data is scheduled for release on Tuesday.

Kiwi Dollar

Apart from the #GDP Price Index data on Tuesday, it is going to be a fairly quiet week devoid of high impact news releases.

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