Forex Fundamental Schedule: Janet Yellen’s confirmation on tap this week

By CountingPips.com

The Upcoming Major Events on the Schedule worth watching out for

Yellen-Janet-PD

 

Shaping up to be the most important economic events on the schedule this week for the Forex markets will include important economic data out of China, the United Kingdom, Japan and the Eurozone. We will also see the beginning of Janet Yellin’s confirmation hearings on Thursday to be the next chairman of the US Federal Reserve.

Here’s a quick rundown of the economic highlights.

 

  • Sunday we will see new Yuan loans data from China as well as Japan trade balance data and New Zealand retail spending.
  •  Monday has the Australian home loans data on the schedule as well as Japanese data on the economy, tertiary industry index and the 30 year bond auctions.
  •  Tuesday‘s most important release shapes up to be the United Kingdom consumer price index while we will also see business confidence out of Australia, the German CPI and the United States Chicago Fed national activity.
  •  Wednesday we will look out for the United Kingdom Bank of England inflation report, New Zealand retail sales data as well as the Japanese gross domestic product report.
  •  Thursday will have important euro zone data including the euro zone GDP report, the Germany GDP report, the France GDP report while we will also see the start of Janet Yellin’s Federal Reserve Chairman confirmation hearings.
  •  Friday will see the euro zone consumer price index as well as industrial production and manufacturing production data out of the United States.

Please see the week’s highlighted economic events below or our full calendar:




This Week’s Economic Highlights:

Sunday, November 10

China — new loans
China — financing data
New Zealand — retail spending
Japan — trade balance

Monday, November 11

Australia — home loans data
Japan — tertiary industry index
Japan — economy watchers index
United States — FOMC Fisher speaks
Norway — inflation data
United Kingdom — RICS house price balance
Japan — 30 year bond auction

Tuesday, November 12

Australia — NAB business confidence
euro zone — Germany CPI
United Kingdom — consumer price index
United Kingdom — producer price index
United Kingdom — retail price index
United States — Chicago Fed national activity Index
Australia — Westpac consumer confidence
South Korea — unemployment rate

Wednesday, November 13

United Kingdom — jobless claims
euro zone — industrial production
United Kingdom — bank of England inflation report
United States — mortgage applications
United States — monthly budget statement
New Zealand — retail sales data
New Zealand — business manufacturing index
Japan — foreign bonds/stocks buying
Japan — gross domestic product report
Japan — consumer spending

Thursday, November 14

China — foreign direct investment
Australia — consumer inflation
Japan — industrial production
euro zone — Germany GDP report
euro zone — France GDP report
euro zone — GDP report
Switzerland — producer price index
United Kingdom — retail sales
United States — weekly jobless claims
United States — trade balance
United States — confirmation hearing for Janet Yellen
Canada — trade balance

Friday, November 15

Singapore — retail sales
Hong Kong — GDP report
Euro zone — consumer price index
United States — industrial production
United States — manufacturing production

See our full economic calendar here.