This week’s currency news 32

28 July, 2011


This week’s main news for the Pound is likely to be Wednesday’s Bank of England Minutes, which will show the split in the vote to keep interest rates on hold earlier this month. With a new committee member, Ben Broadbent, voting for the first time, there may be some change from the 6-3 split seen in the last few months.

With ongoing severe debt problems in Greece, planned public sector strikes in the UK next week, and lots of other economic news due out around the world, there could be volatility in the currency markets.

Monday 20th
0700 – German PPI inflation

Tuesday 21st
0230 – Australian interest rate minutes
0930 – UK public sector net borrowing
1000 – Eurozone & German ZEW sentiment survey
1330 – Canadian retail sales
1500 – US home sales
2345 – New Zealand current account

Wednesday 22nd
0930 – Bank of England minutes
1000 – Eurozone industrial orders
1500 – Eurozone consumer confidence
1730 – US interest rate decision

Thursday 23rd
0715 – Swiss trade balance
0900 – Eurozone manufacturing & services inflation
0930 – UK mortgage approvals

Friday 24th
1330 – US GDP