This week’s economic news

28 July, 2011


We have plenty of important data out this week which is likely to move exchange rates – including key inflation, unemployment and retail sales figures in the UK, as well as the all-important Bank of England minutes on Wednesday, which will reveal whether more Quantitative Easing was considered this month.

With sterling still vulnerable to any negative news, speak with your Currency Index broker about your own transaction to avoid being caught out by any sudden moves in the market.

Monday 15th
1000 – Eurozone trade balance
1330 – US retail sales

Tuesday 16th
0930 – UK CPI & RPI inflation
1000 – Eurozone CPI inflation & German ZEW sentiment survey
1330 – US PPI inflation
1415 – US industrial production

Wednesday 17th
0930 – UK earnings, unemployment & Bank of England minutes
1000 – Eurozone construction output
1330 – US CPI inflation & housing starts

Thursday 18th
0715 – Swiss trade balance
0930 – UK public borrowing & retail sales
1500 – US manufacturing

Friday 19th
0700 – German PPI inflation