Major economic events that have a significant impact on the Forex markets for the week ending February 17^th, 2012 are as under:

On Monday, in euro zone, data on German wholesale price index was released was Switzerland published its report on producer and import prices.

In Australia, data on home loans and investment lending was published while Japan released its official data on Gross Domestic Product.

On Tuesday, in euro zone, Greece released its figure on Gross Domestic Product. In France data on non-farm payrolls was reported while Germany published its ZEW survey on current situation. Data on industrial production with ZEW survey for economic sentiment was released for the single currency region.

In United Kingdom, data on retail price index, consumer price index and house prices was reported. In United States, data on retail sales and import price index is to be reported while US Federal Reserve’s official Plosser was to address at an event in Newark.

In Japan, data on industrial production and capacity utilization was published while the Bank of Japan released its decision on the key interest rate.

On Wednesday, February 15^th, 2012, Germany, France and Italy will report their data on Gross Domestic Product while a separate report on GDP will be published for the single currency region. Data on euro zone’s trade balance will also be reported on Wednesday.

In United Kingdom, data on unemployment rate, weekly average earnings, jobless claims change and claimant count rate will be published while Bank of England will publish its inflation report. In United States several economic indicators and reports will be published which will include data on mortgage approvals, consumer price index, industrial production, capacity utilization, housing market index and EIA’s data on crude oil, gasoline and distillate inventories. US Federal Reserve will also release the minutes of its latest monetary policy meeting.

In Japan data on machine tool orders will be released.

On Thursday, in euro zone, data on Greek and Spanish GDP will be published while Italy will report its figures on country’s trade balance and current account. In United States, data on housing starts, continuing claims, building permits, producer price index and initial jobless claims will be reported. US Federal Reserve’s chairman Ben Bernanke will also address at an event in Arlington.

In Australia, data on consumer confidence, manufacturing index, consumer inflation expectations, employment change and unemployment rate will be reported.

On Friday, February 17^th, 2012, data on German producer prices will be reported in the euro zone while as separate report on current account of the single currency region will be published. Data on construction output will also be reported in euro zone.

In United Kingdom, data on retail sales will be published. United States will report its data on consumer price index while American Petroleum Institute will publish its monthly report. In Canada, data on consumer price index is to be reported on Friday.