Forex: Weekly Outlook

List of major economic event that have significant affect on Forex market for the week ending October 21st, 2011 are as follows:

On Monday, October 17th, 2011, United States, reported its official data on industrial production and capacity utilization rate. Moreover, report on manufacturing activity in New York State was also published. In United Kingdom industry data on house price inflation was reported. Canada reported its official data on foreign securities purchases.

Today on Tuesday, October 18th, 2011, In Untied States, official data on consumer price inflation was reported along with data on country’s balance of domestic and foreign investment. In Euro zone, ZEW Center for Economic Research released the report on economic sentiment in Germany along with report on economic sentiment for the euro zone region. Official data on consumer price inflation was reported in United Kingdom.

The Central Bank of Australia released minutes of its latest policy setting meeting today.

On Wednesday, October 19th, 2011, In United States, several reported will be published which include official report on building permits, housing starts, consumer price inflation and crude oil inventories. Moreover, US Federal Reserve will also publish its Beige Book.  In euro zone, report on region’s current account will be published. Bank of England will release the minutes of its latest monetary policy setting meeting. In Australia and Canada, index of leading economic indicators will be published.

On Thursday, October 20th, 2011, weekly data on initial jobless claims will be published in United States along with reports on Philadelphia’s manufacturing activity and industry report on existing home sales. Whereas, in euro zone, Germany will report its official figure on country’s producer price inflation. In United Kingdom official data on retail sales will be published. In Switzerland, government data on trade balance along with report on Swiss economic expectations by ZEW Center for Economic Research will be published.

In Australia, report on business confidence will be published while Canada will release its official report on wholesale sales on Thursday.

On Friday, October 21st, 2011, official report on consumer confidence will be published along with data on public sector borrowing in United Kingdom. In euro zone, report on German business climate will be published by Ifo Institute while ECB President, Jean Claude Trichet will address at an event in Warsaw.

Australia will report its official data on import prices while in Japan, Governor Bank of Japan, Masaaki Shirakawa will publicly address an event which will be closely watched.

In Canada, official data on consumer price inflation will be reported.

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