The Week Ahead: FXWW

From the FXWW Chatroom – The week starts off with a heavy focus on Chinese Data. Reported Data has so far been pretty good for China since the start of the Trade War that seems to eb engulfing the world. Domestic spending data in the form of Retail Sales will be of great interest to me as discretionary spending should be the first casualty in periods of uncertainty. A lack of a dip would concern me as it would make me question the data’s reliability. I would find it very hard to believe for example that domestic spending had increased wildly. US Retail Sales will be heavily traded for the same exact reason.
Monday: China FDI, Agg Yuan Financing, New Yuan Loans and M2 Money Supply
Tuesday: China IP, Retail Sales, FAI, Australian NAB Business Confidence July, Japan IP, EU GDP and IP, German GDP, CPI and ZEW, French CPI, UK Jobless and Average hourly Earnings.
Wednesday: Australian Westpac Consumer Confidence, UK CPI, Canadian New Motor Sales, Existing Home Sales and MLS Home Price Index, US Retail Sales, MBA Mortgage Apps, Empire Manufacturing, IP, Capacity Utilisation
Thursday: Australian Employment, Japan Trade Balance, EU Trade Surplus, UK Retail Sales, Canadian Manufacturing Sales, US Claims, Housing Starts, Building Permits, Philly FED
Friday: EU CPI, Canadian CPI, US University of Michigan Consumer Sentiment
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