Weekly Economic And Political Timeline – Sunday, August 19

This week will see an even lighter schedule than  last week, with central bank input due from the U.S. FOMC and the RBA. There will be only a few major economic data releases primarily concerning the U.S. and Canadian Dollars.

The market is likely to be most active on Wednesday.

U.S. Dollar

It will be an important week for the greenback, starting on Wednesday with releases of the FOMC Meeting Minutes and Crude Oil Inventories data. Friday brings Core Durable Goods Orders, and a speech on monetary policy from the Chair of the Federal Reserve.

Australian Dollar

It will be an important but relatively quiet week for the Aussie, starting on Tuesday with a release of Monetary Policy Meeting Minutes from the RBA, as well as a minor speech from the Governor of the RBA.

Canadian Dollar

It will be a relatively quiet week for the Loonie, with nothing major due except Core Retail Sales data on Wednesday. 

New Zealand Dollar

It will be a quiet week for the Kiwi, all happening on Wednesday with a release of Retail Sales data.