Weekly Economic & Political Timeline – Sunday, Nov. 5

This week will see a lighter news agenda, with the key Central Bank input coming from Australia and New Zealand. There are very few important releases scheduled beyond this area. The market will probably be most active on Tuesday and Thursday. It is a public holiday in the U.S.A. on Friday.

Australian Dollar

It will be an important week for the Aussie, starting on Tuesday with the RBA Rate Statement and Cash Rate. On Friday the RBA will release their Monetary Policy Statement, so all the major input for the month will be coming this week.

New Zealand Dollar

It will be an important week for the Kiwi, starting on Monday with the release of Inflation Expectations data. Wednesday will see the release of the RBNZ Rate Statement, Monetary Policy Statement, and Official Cash Rate, followed by the usual press conference.

U.S. Dollar

It will be a relatively quiet week for the greenback, starting on Tuesday with opening remarks from a minor event by the Chair of the Federal Reserve, which are unlikely to have any market impact. On Wednesday we will get Crude Oil Inventories data. Finally, on Thursday there will be a release of Unemployment Claims numbers. It is a public holiday on Friday.

British Pound

It will be a quiet week for the Pound, with nothing due except Manufacturing Production data on Friday.

Euro

It will be a quiet week for the Euro, with nothing due except a minor speech by the President of the ECB on Tuesday.

Japanese Yen

It will be a quiet week for the Yen, with nothing due except a minor speech by the Governor of the Bank of Japan on Monday.

Canadian Dollar

It will be a quiet week for the Loonie, with nothing due except a minor speech by the Governor of the Bank of Canada on Tuesday.

Swiss Franc

It will be a quiet week for the Swissie, with nothing due except a minor speech by the Chair of the SNB on Thursday.