Back

Market movers for the week ahead - Rabobank

Analysts at Rabobank lists down the key economic releases and events for the markets for the week ahead.

Key Quotes

“Today is a Japanese holiday but saw China’s FX reserves data, which had the usual frozen-in-aspic-but-don’t-ask-how aspect of staying over USD31. Trillion (which is too low as the economy continues to grow, or claims to, but hey ho).”

“We will get Carry On Brexit carrying-on as the press reports PM May is ruling out Labour’s compromise of a Customs Union ahead of Q4 UK GDP (seen 0.3%) and trade/industrial production data. The Eurogroup will be meeting to plot their own response. And at some point from today China will release aggregate financing and money-supply data too. We might get US labour costs and Canadian trade data, but the timing is again variable.”

“Tuesday we see Aussie home loans data and NAB business confidence and Japanese machine tool orders. In the US we get NFIB small business confidence and the Fed’s Powell speaks, as do the Fed’s George and Mester.”

“Wednesday it’s the RBNZ rate decision and monetary policy statement, UK CPI and PPI, Eurozone industrial production, and US CPI.”

“Thursday it’s Japanese Q4 GDP, Chinese trade data, German and Eurozone Q4 GDP, US retail sales and PPI.”

“Friday it’s Chinese CPI and PPI, Japanese industrial production, UK retail sales, and US industrial production and Michigan consumer confidence.”

AUD/NZD: Increasingly undervalued - Westpac

Sean Callow, analyst at Westpac, notes that the AUD/NZD has started this year drifting higher, reducing what Westpac estimates to be its prolonged und
Đọc thêm Previous

EUR/USD: Sliding German yields, close below 200-week MA favors test of January lows

The EUR/USD pair could extend its five-day losing streak with a drop to the January low of 1.1289, courtesy of falling German bond yields and a bearis
Đọc thêm Next