Forex Market Outlook for the Week Ending December 30th
Major events to affect the forex markets for the week ending December 30th, 2011 are as follows:
On Monday, markets in the euro zone, United Kingdom, Australia, New Zealand and United States remained closed in observance of the Boxing Day Holiday.
On Tuesday, December 27th, 2011, industry data on house price inflation will be released in United States. Moreover the data on consumer confidence and manufacturing activity in Richmond will also be published in United States. In United Kingdom and Canada, markets will remain closed in observance of post-Christmas bank holiday. In Switzerland, UBS bank will report its consumption indicator. Â In Japan, official data on housing starts will be reported, while the Bank of Japan will release the minutes of its latest monetary policy meeting.
On Wednesday December 28th, 2011, United States will publish its treasury currency report. In Switzerland, KOF Economic Institute will release its economic barometer. In Japan, official report on household spending, inflation, unemployment, manufacturing and retail sales and leading indicator of consumer spending will be published.
On Thursday December 29th, 2011, United States will publish several reports which will include weekly report on initial jobless claims, industry data on pending home sales, data on crude oil inventories and industry data on business conditions in Chicago area.
In euro zone, Germany will report its initial data on consumer price inflation while European Central Bank will release its figures on M3 money supply and private lending.
On December 30th, 2011, United Kingdom will release its report on house price inflation published by Nationwide Building Society.
In euro zone, Germany will report its initial data on consumer price inflation while European Central Bank will release its figures on M3 money supply and private lending. Japan will report its data on industrial production while in Australia, official data on private sector credit will be published.
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