Most important forex news on economic calendar this week 11 – 15 September
USD has backed down to its lowest levels in two and half years against the other major currencies on Friday amid growing doubts about whether the Federal Reserve will be able to raise interest rates later this year.
The index has ended the week with an decreasing by 1.55%, and that’s the biggest weekly decrease since the last of June.
And the expectation about increasing the third interest rate has decreased this year within the increasing in tensions because of the North Korea crisis and the worried about the economic effects of the storms in south eastern US.
And the fears about the political tensions in Washington effected on the USD value lately and causes it backed down.
And the agreement about delaying the conversation of American debt ceiling till December, at the same time of the monetary policy for the federal reserve meeting, has shrinkage the chances of increasing the interest prices.
And during the next week the shares are waiting for the American inflation report on Thursday to get a new evidence about the expected time of increasing the next federal interest price. And the focus will be on the monetary policy from England Bank.
The following is the most important forex news about the economic data this week.
Monday 11 of September
Japan will issued an reports about Basic machine orders.
Canada will report on the commencement of housing.
Tuesday 12 of September
Australia will publish data on the Business Confidence Index.
The UK will also publish its monthly inflation report.
Wednesday 13 of September
Switzerland will release data on producer price inflation.
The UK will also publish its monthly employment report.
The US will publish figures on producer price inflation.
Thursday 14 of September
Australia will release its monthly job report.
China will publish data on fixed asset investments.
The Swiss National Bank is due to announce its latest monetary policy decision and publish its policy assessment.
The Bank of England will also announce the latest interest rate decision and the minutes of the monetary policy meeting.
Canada will report on the new inflation in house prices.
The US will also publish data on consumer price inflation and initial jobless claims.
Friday 15 of September
New Zealand will publish private sector data on manufacturing activity.
The United States is due to finish trading this week through a series of economic reports, including data on retail sales, industrial production, manufacturing activity in the New York area and consumer sentiment.
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