Weekly Economic And Political Timeline - Sunday, July 7
This week is likely to see a similar amount of market activity to last week, with important central bank input due concerning only U.S. and Canadian Dollars. There will also be releases of important British and U.S economic data.
The market is likely to be most active on Wednesday.
U.S. Dollar
It will be a busy and important week for the Dollar, starting on Tuesday with a minor speech from the Chair of the Federal Reserve. On Wednesday he will be testifying before Congress, and we will get the release of the FOMC Meeting Minutes. Thursday will see another day of testimony before Congress by the Fed Chair, plus a release of CPI (inflation) data. Finally, Friday will bring a release of PPI numbers.
Canadian Dollar
It will be a busy and important week for the Loonie, all happening on Wednesday when the Bank of Canada releases its Monetary Policy Report, Rate Statement, and Overnight Rate, followed by the usual press conference.
British Pound
It will be a reasonably important week for the Pound, starting on Wednesday with releases of GDP and Manufacturing Production data.
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