Article by ForexTime

The United States will be the main focus of markets next week, with a slew of important data and events on the calendar. These include, GDP, PMIs and the Federal Reserve interest rate decision.
It should be noted that on Sunday, the results of the Eurozone banks stress test results are out and this is an important risk for the euro.

On Monday, the German Ifo Business Climate index will be released. Later from the US, flash Services PMI are out as well as pending home sales figures.

On Tuesday it would be good to watch out for retail sales numbers both from Japan and Germany. Also on this day, durable goods orders, Conference Board consumer confidence data and the S&P/Case-Shiller Home Price Index are all due from the US.

On Wednesday Japan releases industrial production figures. The European economic calendar will be light but the highlight will be the Federal Reserve’s announcement of its policy decision.

Rate decisions will also come from the Reserve Bank of New Zealand on Thursday. Unemployment data and flash inflation numbers for October are published in Germany. Then in the US session, all eyes will be on GDP data from the world’s largest economy, followed by initial jobless claims.

Finally on the last day of the trading week, the Bank of Japan publishes its monetary policy statement. Other Japanese data to follow include household spending data, inflation numbers and unemployment figures.

Later on Friday, Canada releases GDP for August while the US releases personal consumption expenditure and spending data and the Reuters/Michigan Consumer Sentiment Index.

Article by ForexTime

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