Most important news on economic calendar this week 10 – 14 July


The USD increased against a basket of other major currencies on Friday after data showed that the US economy created jobs at a strong pace last month, boosting expectations for a third interest rate hike by the Federal Reserve this year.
Next week investors will focus on Federal Reserve Chairman Janet Yellin’s testimony on monetary policy, as well as US data on inflation and retail sales, on Friday.
Investors will also watch the latest British jobs report and the Bank of Canada meeting on Wednesday.
The following are the main events on the economic agenda this week
Monday, July 10
China will release data on consumer and producer inflation.
In the Eurozone, Germany will release a report on its trade balance.
Tuesday 11 July
Australia will publish private sector data on business confidence.
Bank of England Deputy Governor Ben Broadbent will speak in Scotland.
Canada will publish data on housing builders.
In the United States, Federal Reserve Governor Lill Bernard is scheduled to speak at an event in New York.
Wednesday 12 July
The UK will publish its monthly employment report.
The Bank of Canada will also announce the benchmark interest rate that determines the economic conditions and factors influencing the monetary policy decision. The Bank will also hold a press conference thereafter.
Federal Reserve Chairman Janet Yellin will see the Monetary Policy Report before the Financial Services Committee in Washington.
Thursday, July 13th
China will publish trade balance data.
The US will also publish data on producer prices and unemployment claims.
Janet Yellen will testify on the Monetary Policy Report before the Senate Banking Committee in Washington.
Chicago Fed Chairman Charles Evans is due to speak at an event in Idaho, while Federal Reserve Governor LaelĀ Brainard is scheduled to speak at a Massachusetts event.
Friday 14 July
The United States is due to end the week with a series of economic reports including inflation figures, retail sales, industrial production and consumer sentiment.
Dallas Federal Reserve Chairman Robert Kaplan is scheduled to speak at an event in Mexico City.