The Fed came and went and so did the BOJ, leaving a mixed picture after the high tension. Speeches from Yellen and Draghi among others, US Consumer Confidence, Durable Goods orders and GDP data from the US, UK, and Canada, stand out. These are the highlights on forex calendar.
- German Ifo Business Climate: Monday, 8:00. Economists’ forecast German business climate will reach 106.3 in September.
- Mario Draghi speaks: Monday, 14:00. Market volatility is expected. He may provide more details about how QE will evolve, something he did not do in the post-rate decision presser.
- Stephen Poloz speaks: Monday, 23:10. BOC Governor Stephen Poloz will give a talk in Washington DC.
- US CB Consumer Confidence: Tuesday, 14:00. US consumer confidence is expected to reach 98.6 this time.
- US Durable Goods Orders: Wednesday, 12:30. Durable orders are expected to decline by 1.0% and core orders are predicted to decrease by 0.5% on August.
- US Crude Oil Inventories: Wednesday, 14:30. Some analysts claim U.S. crude stockpiles are still too high and prices could come under pressure again.
- Haruhiko Kuroda speaks: Thursday, 6:35. Bank of Japan Governor Haruhiko Kuroda will speak in Tokyo. Market volatility is expected.
- US GDP data: Thursday, 12:30. The final growth rate for the second quarter is expected to be 1.3%.
- US Unemployment Claims: Thursday, 12:30. The number of new unemployment claims is expected to be 260,000 this week.
- FED Chair Janet Yellen speaks: Thursday, 20:00. Federal Reserve Chair Janet Yellen will give a talk at the Minority Bankers Forum in Kansas City. Market volatility is expected.
- Canadian GDP data: Friday, 12:30.