Economic calendar this week

28 July, 2011


This week’s 2 main events for the UK economy, and therefore the Pound, are Wednesday’s Bank of England minutes (where we will find out how many of the 9-strong monetary policy committee voted for an interest rate rise this month) and Thursday’s retail sales and public borrowing figures.

It looks like the Bank of England are now unlikely to raise interest rates in the coming few months, which has been sending sterling lower against most major currencies.

Monday 18th
1500 – Eurozone consumer confidence

Tuesday 19th
0230 – Australian interest rate minutes
0900 – Eurozone current account & purchasing inflation
1200 – Canadian CPI inflation

Wednesday 20th
0700 – German PPI inflation
0930 – Bank of England minutes
1500 – US existing home sales

Thursday 21st
0930 – UK retail sales, public borrowing & mortgage approvals
1330 – Canadian retail sales & US jobless claims
1500 – US house price index

Friday 22nd
Good Friday – bank holiday