Weekly Fundamental Forecast Feb 23 2015

The US dollar moved a little bit to the upside by the end of last week as expected , this week focus will be on ECB president Draghi speech , Draghi could give the EURO a clear direction but I expect more consolidation with risk to the downside , anyway ; let’s highlight the most critical events which may influence currency market next week :

Monday , Feb 23 2015

• Germany will release data on  Ifo Business Climate Index (Feb) at 09:00 .
• United States will release data on Existing Home Sales (Jan) at 13:00 .

Tuesday , Feb 24 2015

• Germany will release data on  Gross Domestic Product (GDP) (QoQ) (Q4) at 07:00
• From EURO – ZONE  a report on Consumer Price Index (CPI)  will be release at 10:00
• From EURO – ZONE ECB President Draghi’s Speech at 14:00
• United States will release data on CB Consumer Confidence (Feb) at 15:00
• From United States , Fed’s Yellen testifies…at 15:00
• New Zealand will publish data on Trade Balance (MoM) (Jan) at 21:45

 Wednesday , Feb 25 2015

• China will release data on HSBC Manufacturing PMI (Feb) at  01:45
• From EURO – ZONE ECB President Draghi’s Speech at 14:30
• From United States , Fed’s Yellen testifies…at 15:00
• US will release data on New Home Sales (Jan) at 15:00
• New Zealand will publish data on Trade Balance (MoM) (Jan) at 21:45

Thursday , Feb 26 2015

• Australia will release data on Private New Capital Expenditure (QoQ) (Q4) at 00:30
• Germany will release data on Unemployment Change (Feb) at 08:55
• UK will release a report on Gross Domestic Product  (QoQ) (Q4)  at 09:30
• The U.S will release data on Core Consumer Price Index (CPI)  (MoM)  as well as data on Core Durable Goods Orders (MoM) at 13:30
• The U.S. will  publish its weekly report on initial jobless claims at 13:30
• Canada will release data on Core CPI (MoM) (Jan) at 13:30
• Japan will release data on National Core CPI (YoY) (Jan) at 23:30

Friday , Feb 27 2015

• New Zealand will release data on ANZ Business Confidence (Jan) at 00:00
• Germany will release data on Consumer Price Index (CPI)  (MoM) (Feb) at 13:00
• US will release data on Gross Domestic Product (GDP) (QoQ) (Q4) at 13:30
• US will end the week with data on Pending Home Sales (MoM) (Jan) at 15:00

*All times are GMT

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