During this week, investors are looking forward to many important forex news represented in the Federal Reserve Board meeting scheduled for Wednesday, in order to know any new indications regarding the future of monetary policy and the gradual increase in US interest rates during this year. The focus will also be on the US jobs report, which is scheduled to be released at the same time. Later next Friday.
Global markets are also awaiting the release of many important data in the euro zone on growth and inflation data in the region.
Below are the most important forex news on the economic calendar this week
Monday October 30
Germany is scheduled to release data on inflation levels in addition to publishing a report on retail sales, Britain is to release a report on net lending, and in the United States, several important data are scheduled to be revealed about the reading of the core personal consumer spending and personal spending index.
Tuesday October 31
New Zealand is to publish a report on business confidence, and later today, China is also scheduled to release its official data on the manufacturing and service sectors, and the Bank of Japan will announce the benchmark interest rate, in addition to publishing a statement On the policies that determine economic conditions and the factors that affect the monetary policy decision, and that statement will be followed by a press conference for the President of the Bank, on the other hand, the eurozone will issue some preliminary data on economic growth and inflation in the region during the third quarter of this year.
Canada is also scheduled to release its data on economic growth and raw material price inflation, and later in the day, Central Bank of Canada Governor Stephen Poloz will testify before the House of Commons Financial Standing Committee in Ottawa, on the other hand. It is also scheduled to release several important data on the US economy, including the reading of the labor costs index and business activity in the Chicago area, in addition to other data on consumer confidence in the largest economy in the world.
Wednesday 1 November
Britain is scheduled to publish a report on the activity of the manufacturing sector, the United States is to publish a report on new jobs in the American non-farm sector, and the Institute of Supply Management will publish a report on the reading of the manufacturing index, this is also scheduled for today that the Reserve Board will The Federal Reserve will announce the benchmark interest rate as well as publish a statement on policies that determine economic conditions and the factors that affect monetary policy decisions.
Thursday 2 November
Australia will publish its data on the trade balance and construction approval, and in Britain a report on construction activity will be issued, and the Bank of England will announce the latest interest rate decision and publish the minutes of its meeting, and this announcement will be followed by a press conference by Bank Governor “Mark Carney” to discuss it The decision, and in the United States, the weekly report on initial jobless claims, in addition to other data on labor productivity and costs, is scheduled to be released, and “William Dudley” President of the Federal Reserve Bank of New York will speak.
Friday 3 November
Financial markets in Japan are scheduled to be closed for public holidays in the country, and in Australia a report on retail sales is scheduled to be published, and China is to publish a report on the Service Managers Index “Sizen”, while Britain is to release its report on the activity of the sector. Services, and in Canada, several important reports will be revealed about employment and trade, and the United States is scheduled to conclude this week’s dealings by issuing many important data about new jobs in the non-agricultural sector during the month of October, in addition to other data about trade requests. And the factory along with the non-manufacturing PMI reading.
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