Hirose News|April 7, 2014 9:00 AM

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, April 07

05:00

JPY

Leading Economic Index

07:15

CHF

Consumer Price Index

23:50

JPY

Trade Balance

Tuesday, Apr 08

03:00

JPY

BoJ Interest Rate Decision

06:30

JPY

BoJ Press Conference

08:30

GBP

Industrial Production

21:45

NZD

Electronic Card Retail Sales

Wednesday, Apr 09

00:30

AUD

Consumer Confidence

06:00

EUR

Germany Trade Balance

08:30

GBP

UK Trade Balance

18:00

USD

FOMC Minutes

Thursday, Apr 10

01:30

AUD

Unemployment Rate

08:00

EUR

ECB Monthly Report

11:00

GBP

BoE Interest Rate Decision

12:30

USD

Initial Jobless Claims

23:50

JPY

BoJ Monetary Policy Meeting Minutes

Friday, Apr 11

01:30

CNY

Consumer Price Index

06:00

EUR

Harmonised Index of Consumer Prices

13:55

USD

Consumer Sentiment



News


The eagerly anticipated Non-Farm Payrolls and Employment Rate came out today - both slightly below analysts' forecasts which held back a potential surge in the greenback.


Following European inflation falling to 0.5% the concept of QE using unconventional measures has taken to the fore.  The biggest fear for Mr. Draghi and the ECB is protracted stagnation in the Euro Area economy. While the bond purchasing in the USA has been a relative success (so far) the question that remains is: if the ECB starts a similar program, which bonds will it buy and how much?  We await clarification but don't hold your breath in the short term.


The beginning of next week is dominated by data from Japan so it is worth taking a look at these crosses if you are not familiar with them.