Sunday, November 19, 2006

The Week Ahead : Nove 20-24

This week is blank week for the USA and Australia, just each of thiscountry will be releasing only one key economic data, USA is releasingthe Leading Indicator on Monday and thereabout its nothing and FromAussie we'll have a New Motor Vehicle Sales on Tuesday and then we'llhave the very important datas like GDP numbers from Germany and UK, Inflation report is coming from Canada and the Trade balance is comingout from Swiss, Kiwi and Minutes Of meeting from the BoJ and BoE thisare all the heavy weights of the economy and powerfull currencymovers data. So lets take the brief tour of the week ahead.

MONDAY - So the week starts from the UK's Rightmove House Price Indexand M4 Money Supply which is expected to come down marginally. PPI and ECB's Trichet Breif Reports is coming out and then last piece of the day and only data of the week from USA is Leading Indicator which isexpected to come out marginall upside. So i'll be keenly trackingthe EUR/GBP pair.

TUESDAY - BoJ Minutes of Meeting but there will be no surprise fromthis outing but still i'll be looking something hawkish tone fromFukui and the clues about December rate hike. Trade Balance is comingout of the Swiss land after the last weeks empty calendar. So here what'll be really looking for the day is CBI November IndustrialSurvey from UK and Retail Sales is comingout from Canada. The last two piece are the very important economicdata and i love to see the data. Here i'll be tracking the GBP/CAD.

WEDNESDAY - For this day only two data that is worth to watch out for.One is BoE Minutes of Meeting and here too i'll be watching the cluesfor the future rates hikes and the Data of the day is Inflation(Headline CPI & Core CPI) is coming out from Canada.So i'll betracking the GBP/CAD pair.

THURSDAY - A holidays from Japan and USA market on Thanksgiving. Butothers wil not sleep and Euro, Swiss and Kiwi will be waking up androaring. GDP and IFO numbers are coming out of Germany, labor datafrom the Swiss and Trade Balance from the Kiwi. Here i'll be trackingthe EUR/CHF pair.

FRIDAY - Last ay of the week and only one economic data is very worth to watch. GDP numbers is coming out from UK which is expected to comeout pretty flat. here i'll be tracking EUR/GBP pair.

So this week is pretty busy for the EUR/GBP coz bot this land are releasing the GDP numbers. USD/CAD is also very vital to watch out forcoz Retail Sales and CPI data will give the direction to the pairand we'll know whether USD/CAD will sustain above the 1.1400 levels.
At the last only two datas that i'll be looking for is Core CPI from canada and Trade Balance from Kiwi.

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