{"id":83860,"date":"2016-01-15T12:55:55","date_gmt":"2016-01-15T17:55:55","guid":{"rendered":"http:\/\/countingpips.com\/?p=83860"},"modified":"2016-01-15T07:56:15","modified_gmt":"2016-01-15T12:56:15","slug":"china-gdp-in-focus-along-with-ecb-meeting-and-uk-jobs","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/01\/china-gdp-in-focus-along-with-ecb-meeting-and-uk-jobs\/","title":{"rendered":"China GDP in focus, along with ECB meeting and UK jobs"},"content":{"rendered":"
January 15, 2016<\/div>
\r\n<\/div><\/div>

Article by ForexTime<\/a><\/p>\n

The coming week will be a busy one on the economic calendar. The market focus will remain on China but attention will also be paid to the UK which will release a slew of data. Also the ECB meeting will be important to watch.<\/p>\n

China will be releasing GDP figures on Tuesday, which are expected to show a further slowing of growth in the fourth quarter. Economists are generally forecasting a 6.8% annual rise, down from 6.9% in the third quarter and the weakest since the start of 2009. Industrial production data are also due.<\/p>\n

Inflation data are meanwhile published in the eurozone, UK and US, all of which are expected to show no surprises as low oil prices feed through to weak consumer inflation rates.<\/p>\n

The UK will release inflation data on Tuesday and then employment data on Wednesday, while on Friday retail sales are due.<\/p>\n

On Thursday the ECB will be holding their monthly policy meeting. No move is expected by the ECB to cut rates. Many will be listening closely to ECB President Mario Draghi\u2019s press conference if he will announce more QE beyond the current March 2017 programme and further cuts to deposit rates, which are already negative.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

Eurozone Flash PMI data for January will be updated on Friday, giving clues as to growth and inflation, and therefore future ECB policy.<\/p>\n

The Bank of Canada policy meeting on Thursday is also considered to be one of the important events of the week. Canada is facing a struggling economy and its currency has slid to a 12-year low versus the greenback on falling oil prices \u2013 a major export of Canada. Most economists expects a rate cut by the BoC next week.<\/p>\n

 <\/p>\n

\n

\"Forex-Time-Logo\"Article by ForexTime<\/a><\/span><\/strong><\/p>\n

ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Article by ForexTime The coming week will be a busy one on the economic calendar. The market focus will remain on China but attention will also be paid to the UK which will release a slew of data. Also the ECB meeting will be important to watch. China will be releasing GDP figures on Tuesday, […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-83860","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=83860"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83860\/revisions"}],"predecessor-version":[{"id":83863,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/83860\/revisions\/83863"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=83860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=83860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=83860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}