This week’s currency news 519

This week sees a number of data releases due, before the monthly interest rate decisions & inflation figures start to come out in the first full week of September.

There is no major data due out from the UK, except house prices and consumer confidence, both of which could affect sterling. The Pound lost ground last week (except perhaps against the USD) as fundamentals in the economy are not strong, and against the Euro fell particularly as Eurozone debt problems were not as much in the news.

Monday 29th
UK bank holiday
1330 – US personal income & consumption

Tuesday 30th
0930 – UK mortgage approvals & net lending
1000 – Eurozone consumer & economic confidence
1330 – Canadian current account
1500 – US consumer confidence
1900 – US Federal Reserve interest rate minutes
Overnight – UK consumer confidence

Wednesday 31st
0700 – German retail sales
0900 – German unemployment
1000 – Eurozone unemployment & CPI inflation
1330 – Canadian GDP
1500 – US factory orders
Overnight – UK Nationwide house prices

Thursday 1st
0230 – Australian retail sales
0645 – Swiss GDP
0700 – German GDP
0900 – Eurozone manufacturing
0930 – UK manufacturing

Friday 2nd
0230 – Australian trade balance
1000 – Eurozone PPI inflation
1330 – US non-farm payrolls & unemployment rate