This week there will be many events that will have a serious impact on market volatility, the main event being the Bank of England Official Bank Rate announcement on Thursday. Apart from that here are the other events we can expect:
On Monday are announced the British Services PMI, the US ISM Non-Manufacturing PMI, the Australian Retail Sales m/m, Trade Balance, a Reserve Bank of Australia Statement and there will also be a speech by the ECB president Mario Draghi.
On Tuesday we can expect the Canadian Trade Balance, the New Zealand Employment Change q/q and Unemployment Rate.
On Wednesday most events will be Reserve Bank of New Zealand-related: they will announce their Monetary Policy Statement, Rate Statement and the RBNZ Governor Carney will speak. Apart from that we can also expect the announcement of the US Crude Oil Inventories.
On Thursday there will be a speech by the Reserve Bank of of Australia’s Governor Philip Lowe, the Bank of England Inflation Report will be announced, together with the MPC Official Bank Rate Votes, Monetary Policy Summary and, as I mentioned, Official Bank Rate. The reserve Bank of Australia will also announce its Monetary Policy Statement.
On Friday will be announced the British Manufacturing Production m/m, the Canadian Employment Change and the Unemployment Rate.