Most important news on economic calendar this week 9 – 13 October


USD has backed down against the other main currencies during Friday trading and new fears about the tensions with North Korea, giving away the last gains that have achieved after the American jobs report for September had observed a high growth in salaries more than expectation.

USD index has backed down by 0.16% to trade at 93.62 in a late time on Friday, and the index is measure USD value against the six main currencies, this came after recording the highest level at 94.10 since more than two months in a last time of the session.

USD has decreased after on Friday reports which says that North Korea is getting ready to test launching a long-range rocket, which increases the fears about the probably conflicts in the zone.
In the next week, the investors are waiting for issuing the report of the federal reserve meeting on Wednesday to get a new evidence about next increasing of the American interest price and will focus on the US retail sales and inflation data on Friday.

Markets will wait for the Europe Central Bank president Mario Draghi speech to get a new evidence about when the Central Bank will go away from monetary facilitation policy.

The following is the most important economic data this week.

Monday 9 of October

The financial markets in Japan will close to spend the holiday.

China will publish the purchase manager index for services (Saizen).

German will issues data about industrial production.

And in Canada, the markets will still close because of the holiday of Thanksgiving day.

Tuesday 10 of October

Australia will publish data about business trust index.

The US will publish reports about the industrial production and trade balance.

And Canada will publish a report about building permission.

The federal reserve Bank president Minneapolis Neel Kashkari will speak.

Wednesday 11 of October

The federal reserve commission president of Dallas Bank Robert Kaplan will speak.

And during today, the federal reserve Bank will publish the last policy meeting report.

Thursday 12 of October

Canada will publish a report about the new inflation in houses prices.

The US will publish data about inflation in producers prices and unemployment requirements.

The Europe Central Bank president Mario Draghi will speak in Washington, and the federal reserve commission governors Jerome Paula and Lael Brainard will evaluate remarks too at the same event.

Friday 13 of October

New Zealand will publish industrial index.

And the Australia Reserve Bank will publish its financial stabilization review.

China will publish data about trading.

The US will prepare the weekly trading by publishing reports about retail sales and inflation, as well as the primary data about customers trust index.