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US CPI Wednesday. Fed chair Powell speaks in New York
Looking at the calendar for next week, there is not a lot of releases and events.
On Monday.
- Swiss unemployment rate is expected to stay steady at 3.4%
- German industrial production (2 AM ET/0700 GMT) is expected to rise by 0.1%
On Tuesday,
- German trade balance will be released at 2 AM ET/oh 700 GMT with expectations of 15.8 billion surplus
- US NFIB small business index is expected to come in at 97.6 vs. 95.9
On Wednesday,
- the US will release their CPI data expectations of 0.3% MoM and 1.5% for YoY. The core measure is also expected to come in at 1.5% year on year
- BOE’s Bailey will give his mention house speak at 12 PM ET/1700 GMT
- Fed chair Powell will speak to the New York economic club at 2 PM ET/1900 GMT
On Thursday,
- The EU economic forecasts will be released at 5 AM ET/1000 GMT
- the weekly initial jobless claims are expected to come in 755K vs 779K last week
On Friday,
- UK preliminary GDP for the 4th quarter (P) is expected to come in at 0.5% vs. 16.0% in the 3rd quarter. QoQ. YoY -8.1% vs. -8.6% last
- the University of Michigan consumer sentiment for February (preliminary) is expected to rise to 80.9 from 79.0 in January. Current conditions are expected to increase to 89.0 from 86.7. Expectations are expected to rise to 76.0 from 74.0
the US treasury will auction off 10 year and 30 year bonds on Wednesday and Thursday
This article was originally published by Forexlive.com. Read the original article here.