Weekly Market Forecast Oct 20 2014

Forex 214154

Let’s take a quick look at the most critical data which may have strong influence on the currency market next week :

Tuesday , Oct 21 2014

  • China will release data on GDP & Industrial Production (YoY) (Sep)
  • US will release its report on Existing Home Sales.

Wednesday , Oct 22 2014

  • Australia will release its data on CPI (QoQ) (Q3).
  • US will release its data on Core CPI (MoM) (Sep) .
  • Canada will release its data on Core Retail Sales (MoM) (Aug) ,later on the day , Bank of Canada (BOC)will make a statement about interest rate decision.

Thursday , Oct 23 2014

  • From China , we have HSBC Manufacturing PMI (Oct).
  • From EURO zone , Germany will release its data on Manufacturing PMI (Sep).
  • UK will release data on Retail Sales (MoM) (Sep).
  • US will release its weekly report on initial jobless claims.

Friday , Oct 24 2014

  • UK will release data on GDP (QoQ) & (YoY) (Q3)
  • US will end the week with its report on New Home Sales (Sep).

Events will be discussed during the week …..

Note that other events have less impact on the market.