Busy Start to 2015

It has been a fairly quiet couple of weeks in the market for data, which is more than made up for as we start this week and a new year of trading with a flurry of releases. We saw GBP touch new highs against EUR which has now been eroded, but it will be an interesting week and a perhaps a telling one given the data for the coming few months and start of 2015.

Wednesday is a particularly big day for the majors as we have German unemployment, EUR CPI data, USD FOMC minutes, and Thursday we have the BoE interest rate decision – again likely to cause some turbulence in rates. With such a large amount of data out this week it will no doubt be an extremely busy one, with many investors and traders looking to see whether or not recent trends will continue for 2015.

Stay in close contact with your C.I. account manager if you have any upcoming transfers to make. Currency Index can help you stay well informed and well ahead of the market.

Currency Data This Week

Mon

• 09.30     GBP       PMI data
• 13.00     EUR        CPI data
• 23.50     JPY         Monetary Base Data

Tue

• 00.30     AUD       Trade Balance
• 01.35     JPY         Markit Services
• 01.45     CNY        HSBC China Services
• 09.30     GBP       Markit Services PMI       
• 14.45     USD       Markit Services PMI
• 15.00     USD       ISM Non Manufacturing Data

Wed

• 07.00     EUR        German Retail Sales
• 08.55     EUR        German Unemployment rate and change
• 10.00     EUR        CPI data
• 19.00     USD       FOMC minutes

Thu

• 00.00     AUD       CPI Inflation Expectation
• 10.00     EUR        Retail Sales
• 12.00     GBP       BoE Interest Rate decision and Asset Purchase facility
• 13.30     USD       Jobless Claims Data

Fri

• 07.00     EUR        Industrial Production Data
• 09.30     GBP       Manufacturing and Industrial Data
• 13.30     CAD       Unemployment Data
• 14.00     GBP       NIESR GDP estimate