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Sunday, February 26, 2017

Forex Next week with economic calender 27-2-2017










The dollar ticked higher against other major currencies on Friday, by disappointing US Homes sales data as investor looking for upcoming speech by president Donald trump.Last week high lights:-

Monday, February 27
#The U.S. is to release data on durable goods orders and pending home sales.
# Dallas Fed President Robert Kaplan is to speak at an event in Oklahoma

Tuesday, February 28
# New Zealand is to release trade data and a report on business confidence.
# The U.S. is to release revised data on fourth quarter growth and a report on consumer confidence.
# San Francisco Fed President John Williams and St. Louis Fed President James Bullard are to speak.
# Also Tuesday, President Donald Trump will make his first major address to Congress.



Wednesday, March 1
# Australia is to release data on fourth quarter growth.
# China is to release official data on manufacturing and service sector activity as well as the Caixin manufacturing index.
# In the euro zone, Germany is to release preliminary inflation data and a report on unemployment change.
# The U.K. is to release its manufacturing index and a report on bank lending.
# The Bank of Canada is to announce its benchmark interest rate and publish a rate statement which outlines economic conditions and the factors affecting the monetary policy decision.
#The Institute of Supply Management is to report on manufacturing activity.
# Dallas Fed head Kaplan and Fed Governor Lael Brainard are scheduled to speak.

Thursday, March 2
# Australia is to produce data on building approvals and trade.
# The U.K. is to report on construction sector output.
# The euro zone is to release preliminary data on inflation.
# Canada is to release its monthly report on GDP.
# The U.S. is to report on initial jobless claims and Cleveland Fed President Loretta Mester is to speak.

Friday, March 3
# Japan is to release data on inflation and household spending.
# Germany is to publish figures on retail sales.
# The U.K. is to report on service sector activity.
# The ISM is to report on service sector activity.
# Meanwhile, Chicago Fed President Charles Evans, Richmond Fed President Jeffrey Lacker, Fed Governor Jerome Powell and Fed Vice Chair Stanley Fischer will deliver remarks and Fed Chair Janet Yellen is to speak at an event in Chicago.

Tapering of asset purchases could start as soon as this year, says Fed’s Daly

https://www.ft.com/content/e3320366-02f1-453e-ae42-e4af66a17eb0 Top central bank official points to strong recovery in US economic activit...