The Coming Week 8-12.6.15

The Coming Week 8-12.6.15

The Coming Week 8-12.6.15

A relatively slow week is coming about in terms of planned events, but markets seem to be on edge, especially some of the major currencies and oil.

Monday 8.6.15 – Chinese trade balance will be the first port of call for the week, but it’s without a set announcement. But apart from the Building Permits data for Canada at 12:30pm GMT only the G7 meeting might provide an interesting development for the markets.

Tuesday 9.6.15 – Tuesday’s Asian session will be the only part of the day with more opportunities for those seeking volatility with Business Confidence data from Australia and CPI for China coming up together at 1:30am GMT. The rest of the day doesn’t have any planned announcements.

Wednesday 10.6.15 – Governor Stevens from the RBA will be speaking at 2:50am GMT, possibly shedding some light on the bank’s next move.

The European session will have Manufacturing Production from Britain at 8:30am GMT, followed by a long wait for the next relevant announcement 8:00pm GMT when the BOE governor Carney will be speaking at the Annual Mansion House Dinner. Most likely there won’t be any surprise from it, but it never hurts to be keep an eye out.

Thursday 11.6.15 – Another dynamic Asian session will begin things, Australian unemployment rate at 1:30am GMT will prop things up at the start with the 5:30am GMT Chinese industrial Production the high point.

Europe will be quiet, but the US will release their Core Retail Sales and Unemployment Claims at 12:30pm GMT and most likely provide ammunition for traders. During the American session the BOC Governor Poloz will be giving talking about the Financial System Review (at 3:15pm GMT), possibly influencing the CAD crosses.

Friday 12.6.15 – Only two points of interest – 12:30pm GMT with the US PPI and 2:00pm GMT with the country’s Preliminary UoM Consumer Sentiment.

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