Weekly Economic & Political Timeline – Sunday, April 23

There will be a greater amount of high-impact news scheduled this week, compared to last week. There is central bank input expected from the European Central Bank and the Bank of Japan, as well as a smattering of other data, including some important U.S. data. The market will probably be most active on Thursday. It will be a public holiday in Italy, Australia and New Zealand world on Tuesday.

U.S. Dollar

It will be a busy week for the greenback, beginning on Tuesday with a release of Consumer Confidence data. Wednesday brings Crude Oil Inventories numbers. Thursday sees the release of Core Durable Goods Orders and Unemployment Claims, followed on Friday by Advance GDP data.

Euro

It will be an important week for the Euro. As the week opens, the result of the first round of the French Presidential election will become known. Monday will see the release of German IFO Business Climate data. The highlight of the week comes on Thursday as the European Central Bank announces their Minimum Bid Rate, followed the usual Press Conference on monetary policy.

Japanese Yen

It will be an important week for the Yen, as Thursday brings the Bank of Japan’s Monetary Policy Statement, Outlook Report, and Policy Rate, followed by the usual Press Conference.

Australian Dollar

It will be a normal, slightly light week for the Aussie, starting on Wednesday with the release of CPI data. On Thursday, the Governor of the RBA will be speaking at a dinner event.

Canadian Dollar

It will be a light week for the Loonie, with nothing due except Core Retail Sales data on Wednesday and GDP data on Friday.

British Pound

It will be a very light week for the Pound, with nothing scheduled except Preliminary GDP data on Friday.