Forex news and the most important events on the economic calendar this week from 16 to 20 October

During this week, investors are awaiting many important forex news, represented by housing data in the United States, in order to assess the economic impact of the hurricanes that struck the south of the country during the past month. The health of the second largest economy in the world.

Investors will also focus on UK inflation data due to be released on Tuesday, especially amid speculation that interest rates could be raised by the Bank of England next month.

Forex news

Forex news

Here are the details of the most important forex news for this week:

Monday October 16

China is scheduled to release its data on inflation levels in the country, Canada is to release its report on foreign securities purchases, the Central Bank of Canada will publish a survey on business expectations, and in the United States is scheduled to release several important data on the activity of the manufacturing sector. in the New York area.

Tuesday 17 October

New Zealand will release its data on consumer price inflation, on the other hand, the Reserve Bank of Australia will publish the minutes of its last policy-setting meeting, and Britain is also scheduled to release data on inflation levels on Wednesday, and Governor Mark Carney will speak The Bank of England in front of the Treasury Committee in “London”, and in the euro zone, adjusted inflation data is scheduled to be released, and the ZEW Institute will publish a report on German economic sentiment, and the United States will reveal its data on industrial production and import prices.

Wednesday October 18

Mario Draghi, President of the European Central Bank, will speak at the Frankfurt Banking Conference, Britain will publish its latest employment report, and the United States will publish several important data on building permits and new homes.

Thursday October 19

Australia is to publish a report on jobs, in addition to announcing private sector data on business confidence, and in China, data on GDP growth for the third quarter of this year is scheduled to be released, along with the publication of several important reports on asset investments. Fixed industrial production and the UK will release its report on retail sales, the US is also scheduled to publish several important reports on initial jobless claims on Thursday, in addition to data on the activity of the manufacturing sector in the Philadelphia region.

Friday 20 October

Britain will reveal its data on borrowing from the public sector, and in Canada a report on retail sales and inflation will be published, and the United States is scheduled to conclude this week's trading by issuing many important data on existing home sales.

Mohamed Abdel Khaleq

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