Compared to last week, this week’s economic data looks like a casual walk in the park for the first 3 days. Virtually no high impacting economic news that has the potential to be a game changer for any currency. In fact we have to wait until Thursday before we get the first official High Impacting News number, which happens to be the RBNZ interest rate decision and policy statement.
Thursday is the busiest economic data day of the week with the RBNZ policy statement, Chinese New Loans data, Australian unemployment data, Swiss National Bank policy statement, ECB monthly economic report and US Retail Sales. Friday is pretty lacklustre with the University of Michigan US Confidence report finishing off the week.
You can find the full outlook on what will drive markets for the week in Today's GoldRock Insider Report. For more info on joining the LTG GoldRock Trading Team go to www.ltggoldrock.com
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