Economic news

Economic news 16 To 20 January

Economic news to watch this week

Highlights:  On the 16th the USA is observing Martin Luther king day and US banks will be closed. Read about trading on a bank holiday  HERE.  The markets are about to get another jitters as the UK Prime Minister Theresa May is about to deliver her speech about the article 50 to start the process of the British people to officially leave the Eu. On another news it was said that the article 50 may be delayed by months due to Stormont crisis legal challenge but Theresa said on another news that the UK is ready for hard Brexit. The last time she opened her mouth, GBP reacted. Watch out for GBP  pairs as this is going to have a direct impact on a pound. In 2016 I watched traders getting kicked out of the markets simply because they refuse to pay attention to the economic factors (remove yourself from this list). Tune in to DSTV Chanel 410, 402, 401, 412, they usually broadcast these speeches live.  Fed Chair Janet Yellen is also having her speeches this week (what out for USD). Bank of England Gov Carney is due to speak this week as well. Bank of Canada’s Rate and ECB Press conference are also this week’s highlights. Below are the economic news to watch out for.

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                                               Economic calendar 16th 19th January


16th January


Bank Of England (BoE) Gov Carney Speaks 1:30pm 8:30pm N/A GBP
16th January (Bank Holiday) ALL DAY ALL DAY ALL DAY USD
17th January CPI 4:30am 11:30am 1.4% GBP
17th January GDT Price Index Tentative

(no specific time)


(no specific time)

17th January Prime Minister Theresa May Speaks Tentative

(no specific time)


(no specific time)

18th January Average Earnings 4:30am 11:30am 2.6% GBP
18th January Claimant Count Change 4:30am 11:30am 4.6k GBP
18th January CPI 8:30am 3:30pm 0.3% USD
18th January Core CPI 8:30am 3:30pm 0.2% USD
18th January BOC Monetary Report 10:00am 5:00pm N/A CAD


18th January BOC Rate Statement 10:00am 5:00pm N/A CAD
18th January Overnight Rate 10:00am 5:00pm 0.50% CAD
18th January BOC  Press Conference 11:15am 6:15pm N/A CAD
18th January Fed Chair Yellen Speaks 3:00pm 10:00pm N/A USD
18th January Employment Change 7:30pm 2:30am 19th 10.2k AUD
18th January Unemployment Rate 7:30pm 2:30am 19th 5.7% AUD
19th January Minimum Bid Rate 7:45am 2:45pm 0.00% EUR
19th January Manufacturing Sales 8:30am 3:30pm 0.2% CAD
19th January European Central Bank (ECB) Press Conference 8:30am 3:30pm N/A EUR
19th January Building Permits 8:30am 3:30pm 1.22M USD
19th January Philly Fed Manufacturing Index 8:30am 3:30pm 16.3 USD
19th January Unemployment Claims 8:30am 3:30pm 252k USD
19th January Fed Chair Yellen Speaks 8:00pm 3:00am 20th N/A USD
20th January Retail Sales 4:30am 11:30am -0.1% GBP
20th January CPI 8:30am 3:30pm —— CAD
20th January Core Retail Sales 8:30am 3:30pm —— CAD


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