Currency news this week 36

28 July, 2011


This week’s economic calendar is below, and in the UK we have 3 main releases: inflation, unemployment and retail sales, at 9.30 each morning from Tuesday to Thursday.

Each of these has the potential to impact the value of sterling.

Retail sales & inflation are also due out in the USA, and inflation in Europe, so we could see some volatility this week in GBP-EUR and GBP-USD. Call Currency Index on 0800 043 2623 for the latest rates and news.

Monday 13th
No major data

Tuesday 14th
Overnight – UK consumer confidence & RICS house price balance
0930 – UK inflation (RPI & CPI)
1330 – US retail sales
2345 – New Zealand retail sales

Wednesday 15th
0930 – UK unemployment rate
1000 – Eurozone industrial production
1330 – US inflation (CPI)

Thursday 16th
0830 – Swiss interest rate decision
0930 – UK retail sales
1000 – Eurozone inflation (CPI)

Friday 17th
0900 – ECB monthly report
1000 – Eurozone trade balance