Hirose News|July 15, 2013 10:14 AM

Some announcements that may impact the markets this week


Below are some announcements that may impact the markets this week from 14th July to 19th July):


GMT

Sunday, July 14

23:01

GBP                          Rightmove House Price Index

Monday, July 15

12:30

USD

Retail Sales

22:45

NZD

Consumer Price Index

Tuesday, July 16

08:30

GBP

Consumer Price Index

09:00

EUR

Consumer Price Index

12:30

USD

Consumer Price Index

23:50

JPY

BoJ Monetary Policy Meeting Minutes

Wednesday, July 17

08:30

GBP

Bank of England Minutes

13:00

CAD

BoC Interest Rate Decision

Thursday, July 18

08:30

GBP

Retail Sales

Friday, July 19

12:30

CAD

Consumer Price Index



Thursday 16:00 BST:  Bernanke's commented yesterday saying "highly accommodative monetary policy for the foreseeable future is what is needed in the U.S. economy".  What does this mean...you may well ask?! 

You may want to look at it like....Policy makers want to start the process of winding down QE but they do not want to spook the market or be seen to start pointing towards raising interest rates in the foreseeable future.

As a result of Bernake's comments equity markets have rallied and bond yields fell.  The Geenback weakened against most currencies and the Yen strengthened for another day after the BoJ lifted its view of the economy.