Hirose News|March 24, 2014 12:00 PM

Some announcements that may impact the markets this week


Big news for this week!


Below are some announcements that may impact the markets this week:


GMT

 

 

Monday, Mar 24

08:28

EUR

Germany Manufacturing PMI

08:58

EUR

Europe  Manufacturing PMI

13:58

USD

USA  Manufacturing PMI

Tuesday, Mar 25

09:30

GBP

Consumer Price Index

14:00

USD

Consumer Confidence

Wednesday, Mar 26

07:00

EUR

Germany Consumer Confidence

13:30

USD

Durable Goods Orders

20:30

USD

Bank Stress Test Info

Thursday, Mar 27

09:30

GBP

Retail Sales

12:30

USD

Personal Consumption Expenditures

12:30

USD

Gross Domestic Product

23:30

JPY

National Consumer Price Index

Friday, Mar 28

09:30

GBP

Gross Domestic Product

13:00

EUR

Germany Consumer Price Index

14:55

USD

Consumer Sentiment



News


The US dollar, by all accounts had a very successful week, rising against the majority of currencies thanks to Fed Chair Yellen's hawkish hint about possible rate hikes in the early months of 2015.  One of the biggest victims was the Loonie (CAD) where USD/CAD hit 1.1270, last seen in 2008.  In its defense it has appreciated from 1.58 (2002 levels).  GBP/USD also took a hit, now currently trading around 1.6490 and with the EUR/USD has also broken through strong technical channels.  The Yen seemed to enjoy the Ukraine crisis and the Kiwi continues to show strength.