It’s another big news week for the financial markets this week, with much of the news focused on the commodity dollars – Australia, Canada and New Zealand. On Wednesday at 8pm we’ve got the latest interest rate announcement from the Reserve Bank of New Zealand accompanied by the official press conference. New Zealand interest Rates are currently standing at 2.5%. Expectations are for a hold in interest rates at the current level but anyone trading the New Zealand dollar or New Zealand stocks should keep a close watch on the announcement.

We’ll also be seeing quite a number of significant news releases from the US across the week including the Trade Balance and Unemployment Claims – on Thursday at 1.30pm GMT. On Friday we’ll see Retail Sales data and the University of Michigan consumer sentiment index due at 1.30pm GMT and 2.55pm GMT respectively.

This week’s Key Trading News Announcements

Monday
8:15am: Switzerland Retail Sales y/y
1:15pm: Canada Housing Starts

Wednesday
12:30am: Australia Home Loans m/m
9:30am: UK Manufacturing Production m/m
8:00pm: New Zealand Official Cash Rate
8:00pm: New Zealand Reserve Bank of New Zealand Rate Statement and Press Conference

Thursday
12:30am: Australia Employment Change
12:30am: Australia Unemployment Rate
1:30pm: Canada Trade Balance
1:30pm: USA Trade Balance
1:30pm: USA Unemployment Claims
9:45pm: New Zealand Retail Sales m/m

Friday
12:00pm: Canada Employment Change
12:00pm: Canada Unemployment Rate
1:30pm: USA Core Retail Sales m/m
1:30pm: USA Retail Sales m/m
2:55pm: USA University of Michigan Consumer Sentiment

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