The week ahead 07.01.2019


With Non Farm Payroll data having been released at the end of last week, (and coming in with a whopping +312,000 against expectations of +176,000), the most interesting part of the month has already passed. There are minor data releases today and tomorrow with Non-Manufacturing PMI at 15:00 (All times GMT unless stated otherwise) today and the US trade balance out at 13:30 tomorrow. Although no longer deemed as significant as it once was, reducing this is a target for the US President, but when you are looking at a figure of $54bn you’ve still got a mountain to climb.  Wednesday brings all sorts of good stuff with Eurozone unemployment at 10:00, Canadian housing starts at 13:15 and a Canadian rate decision at 15:00, although we are not anticipating any change. The minutes of the FOMC meeting will be released at 16:00 and as usual will be studied for evidence of any subtle shift in opinion. Thursday brings US New Home Sales at 15:00 GMT and a couple of evening speeches to provide the added risk of a surprise comment to overreact to. We round the week off on Friday with UK Industrial Production at 09:30 and US core CPI at 13:30, expected to show no change from last month’s 2.2% YoY.


Share this news

Related posts

Calendar Calendar.jpg (1)

The week ahead 15.07.2019


Upcoming releases next week

Read more
Stock Market US stock-exchange.jpg

Stock market rally


Stock market rally after Powell transcript

Read more
Forex News yen.jpg

Dollar Yen breaks lower


Dollar Yen breaks lower

Read more
Forex News EU Flags 1.jpg

Decision time looms for Sterling


Decision time looms for Sterling

Read more