PA Market Report: Overview (Dec 06 – Dec 10) & Upcoming Events December’21

Dec 6

MPC Member Broadbent Speaks (GBP)
BOE MPC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy;

Dec 7

Cash Rate (AUD)
Short term interest rates are the paramount factor in currency valuation – traders look at most other indicators merely to predict how rates will change in the future;
RBA Rate Statement (AUD)
It’s among the primary tools the RBA Reserve Bank Board uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions;

Dec 8

BOC Rate Statement (CAD)
It’s the primary tool the BOC uses to communicate with investors about monetary policy. It contains the outcome of their decision on interest rates and commentary about the economic conditions that influenced their decision. Most importantly, it discusses the economic outlook and offers clues on the outcome of future decisions;

Overnight Rate (CAD)

Short term interest rates are the paramount factor in currency valuation – traders look at most other indicators merely to predict how rates will change in the future;
JOLTS Job Openings (USD).

It’s released late, but can impact the market because job openings are a leading indicator of overall employment;
RBA Gov Lowe Speaks (AUD)

As head of the central bank, which controls short-term interest rates, he has more influence over the nation’s currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy;

Dec 10

CPI m/m (USD)

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
Core CPI m/m (USD)

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;

UPCOMING EVENTS

Dec 14

  • PPI m/m (USD)
  • RBNZ Gov Orr Speaks (NZD)

Dec 15

  • CPI y/y (GBP)
  • CPI m/m (CAD)
  • Core Retail Sales m/m (USD)
  • Retail Sales m/m (USD)
  • BOC Gov Macklem Speaks (CAD)
  • FOMC Economic Projections (USD)
  • FOMC Statement (USD)
  • Federal Funds Rate (USD)
  • FOMC Press Conference (USD)
  • GDP q/q (NZD)
  • RBA Gov Lowe Speaks (AUD)

Dec 16

  • Employment Change (AUD)
  • Unemployment Rate (AUD)
  • SNB Monetary Policy Assessment (CHF)
  • German Flash Manufacturing PMI (EUR)
  • German Flash Services PMI (EUR)
  • SNB Press Conference (CHF)
  • Asset Purchase Facility (GBP)
  • MPC Asset Purchase Facility Votes (GBP)
  • MPC Official Bank Rate Votes (GBP)
  • Monetary Policy Summary (GBP)
  • Official Bank Rate (GBP)
  • Main Refinancing Rate (EUR)
  • Monetary Policy Statement (EUR)
  • ECB Press Conference (EUR)
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