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πŸ—“ Important upcoming events and publications (GMT):

πŸ‡―πŸ‡΅ 06:30 Bank of Japan press conference may cause volatility in pairs with #JPY, if Chairman Kuroda hints at monetary policy changes.

πŸ‡ͺπŸ‡Ί 10:00 Eurozone consumer price index is able to influence the dynamics of #EUR, as the markets are keeping on eye closely inflation trends. The important news was the acceleration of inflation in Germany to 2.5%, above expectations. That fact increased the chances that the Eurozone CPI growth will also exceed the current estimate and forecast of 2.1%.

πŸ‡ΊπŸ‡Έ 12:15 ADP Nonfarm employment change can provoke violent movements in financial markets and significantly affect the #USD quotes in the event of a strong discrepancy with forecasts, which now amount to 190 thousand versus 230 thousand a month earlier. We can not exclude the release of very weak data after the failure of official payrolls.

πŸ‡¨πŸ‡¦ 12:30 Block of statistics from Canada, where the most important data is the GDP dynamics in August. The country's economy is slowing the growth, but it is still within trend levels, allowing the Bank of Canada to raise rates. A sharper slowdown may cause the BC to reconsider its plans and affect the #CAD quotes.
πŸ—“ Important upcoming events and publications (GMT):

πŸ‡¬πŸ‡§ 09:30 U.K. Construction PMI can cause some volatility in pairs with #GBP, if the actual value significantly diverges from expectations. Analysts are set to see the growth rate maintained, but unpleasant surprises that could trigger a short-term correction for the pound are not excluded.

πŸ‡ΊπŸ‡Έ 12:30 U.S. Nonfarm Payrolls may causes spikes on markets volatility, as the actual figures often diverges from expectations. Markets are waiting for an increase in the number of employed people by 190K, as well as the annual salary growth rate up to 3.2% (max since 2009). A strong discrepancy with the forecasts can help to determine whether we saw a reversal of #USD yesterday or it was a slight stop on the way of growth.

πŸ‡¨πŸ‡¦ 12:30 Canada Employment report is released simultaneously with statistics from the United States, which makes the fate of #CAD even more unpredictable immediately after release. Several previous reports have noted an alarming trend towards a decline in full-time employment growth.

Visit https://fxpro.news/economic-calendar/ for the details.
πŸ—“ Important upcoming events and publications for November 30 (GMT):

The G20 meeting in Buenos Aires is primarily of the markets' interest. The result of negotiations between the leaders of China and the United States can cause increased market volatility, especially on Emerging Markets (#EM).

πŸ‡ͺπŸ‡Ί10:00 The EU Consumer Price Index is just above the ECB’s β€œbelow but close to 2%” target, so it attracts increased attention. Analysts’ forecasts indicate the possibility of a slowdown in November from 2.2% to 2.1%. It is not excluded a more rapid slowdown, following the data from Germany, where inflation fell from 2.4% to 2.2%. In this case, the pressure on #EUR may increase.

πŸ‡¨πŸ‡¦ 13:30 Canada GDP for September and the third quarter is expected to mark a further slowdown in growth. Note that, this data do not include yet a period of a sharp fall in oil prices. This is the last important release before the Bank of Canada rate decision next week, so it may cause increased volatility in pairs with #CAD.

Visit https://fxpro.news/economic-calendar/ for more details.
Important upcoming events and publications for December, 5 (GMT):

πŸ‡ΊπŸ‡Έ The US markets will be closed due to the national mourning in memory of George H. W. Bush The release of statistics is postponed to Thursday, Powell's speech at the congress has been postponed.

πŸ‡ͺπŸ‡Ί 8:30 Mario Draghi’s speech
can influence the dynamics of the #EUR pairs, if it contains assessments of the situation in the banking sector and hints on the next steps in monetary policy.

πŸ‡¬πŸ‡§9:30 The UK Services PMI can seriously affect the position of #GBP, as it covers the overwhelming sector of the economy. Analysts, on average, expect a small increase from 52.2 to 52.5, but we cannot exclude a more dramatic changing, as was the case with the production sectors’ dynamics.

πŸ‡¨πŸ‡¦ The Bank of Canada rate decision will be important for #CAD quotes and national markets, in context of hints at the further plans of the Central Bank, since it is unlikely that policy will be tightened. Note, the Bank of Canada had began the rate hike cycle in July 2017, and since then it has raised five times.

πŸ‡ΊπŸ‡Έ The Fed's Beige Book is the only major release from the United States on Wednesday. Investors will monitor the assessments of the situation in the regions, which can affect the Fed’s monetary policy plans and trigger a #USD reaction.

Visit https://fxpro.news/economic-calendar/ for more details.
πŸ—“ Important upcoming events and publications for December, 6 (GMT):

πŸ›’Oil exporting countries meeting within OPEC+ can seriously affect oil prices and overall demand for risky assets. Market participants will follow the comments during the day and mention all the statements from the largest oil-producing countries. Special attention to Saudi Arabia and Russia.

πŸ‡ΊπŸ‡Έ 13:15 U.S. ADP Nonfarm Employment Change is the closest one to the Friday's Payrolls, and sometimes has a serious effect on #USD quotes. November's forecast - 196K, due to 227K a month earlier.

πŸ‡ΊπŸ‡Έ13:30 U.S. Foreign Trade Balance is in focus of American politicians, in connection with the trade disputes with China. Therefore, it can cause a violent reaction on the markets. In general, the deficit widening is a negative factor for #USD pairs.

πŸ‡¨πŸ‡¦ 13:50 Stephen Poloz, head of the Bank of Canada, speaks. His statements may cause a volatility of #CAD pairs, as they may contain the explanations of yesterday’s comments about monetary policy.

πŸ‡ΊπŸ‡Έ 15:00 U.S. ISM Non-Manufacturing PMI had risen to multi-year peaks in September, reflecting the economy growth rate. In November, the some cooling is expected, from 60.3 to 59.2. Significant deviations from the forecasts can affect dynamics pairs with #USD.

Visit https://fxpro.news/economic-calendar/ for more details.
πŸ—“ Important upcoming events and publications for December, 7 (GMT):

πŸ‡ͺπŸ‡Ί 10:00 The EU Employment Quarterly Change is unlikely to move the markets and #EUR pairs, but may be important in the context of comparison with the dynamics in the US and Canada.

πŸ‡ΊπŸ‡Έ 13:30 The US Nonfarm Payrolls are expected to be not so healthy than the previous month data. Analysts forecast increase by 200K, against 250K a month earlier. Meanwhile, expectations probably decreased after the ADP employment estimates in the private sector had shown an increase just for 179K, and did not meet the forecasts at 195K. Immediately after publication markets saw high volatility in #USD.

πŸ‡¨πŸ‡¦ 13:30 Employment Change in Canada today will be published simultaneously with the US statistics and can add some volatility to #CAD pairs. Recently, the data have ceased to be definitely good, therefore unpleasant surprises are not excluded due to the recent fall in oil prices.

Visit https://fxpro.news/economic-calendar/ for more details.
πŸ—“ Important upcoming events and publications for December, 10 (GMT):

πŸ‡¬πŸ‡§ 09:30 UK GDP for October may have a significant impact on the #GBP pairs. Analysts expected growth by 0.1% mom after growth up to 0.4% in July, August and September the economy has been in stagnation.

πŸ‡¬πŸ‡§ 09:30 UK Industrial Production has lost growth momentum and the annual rate dropped to 0.0% yoy. It is expected to fall further, to -0.1% yoy

πŸ‡¨πŸ‡¦13:15 Canadian Housing Starts has declined in previous months, but has shown some straightening in October. Strong November’s data can help the #CAD.

Visit https://fxpro.news/economic-calendar/ for more details.
News alert!: At 13:15 GMT there will be Canada Housing starts report that may trigger #CAD volatility
Important upcoming events and publications for December, 19 (GMT):

πŸ‡¬πŸ‡§09:30 UK Consumer Price Index is able to cause a rapid movement of #GBP, in case of deviation from the expectations. Analysts, on average, predict slowdown from 2.4% to 2.3% yoy rate. More dramatic scenario will be considered as a sign of economical problems and will make some negative impact on the pound.

πŸ‡¨πŸ‡¦13:30 Canada Consumer Price Index is able to cause a violent #CAD movement, if the forecast is not released. Sharp slowdown of annual inflation from 2.4% to 1.8% is expected: that will be a sign of a cooling economy and may force the Bank of Canada to be more careful in the interest rates raising.

πŸ›’15:30 US Crude Oil inventories data could have a serious impact on #Brent and #WTI prices. Markets fear of Crude OIl supply glut, which puts pressure on the energy market, causing a more than 5% collapse in prices overnight.

πŸ‡ΊπŸ‡Έ 19:00 The US Fed Rate Decision is a central event of recent days and can cause a surge in global markets volatility - especially in #USD. The rate is expected to increase, but softer tone can support stock market and weaken the dollar's position.

Visit https://fxpro.news/economic-calendar/ for more details.
πŸ—“ Important upcoming events and publications for January, 4 (GMT):

πŸ‡©πŸ‡ͺ 08:55 Germany Unemployment is an important indicator of economic activity. The number of unemployed continues to decline, which allows the country to remain the engine of growth in the eurozone. Due to today's publication of American Non-farm payrolls, data from Germany may not cause a sharp reaction #EUR. However, investors and traders will take this information into account, which could hit the euro if unexpectedly weak data is released.

πŸ‡¬πŸ‡§ 09:30 U.K. Services PMI and Composite index often have a significant impact on the dynamics of the #GBP at the time of release. During the previous three months, the index slowed sharply, coming close to the area around 50, which separates growth from fall. December data is expected to show an increase from 50.4 to 50.8.

πŸ‡ΊπŸ‡Έ13:30 U.S. Employment report is the most important economic release for markets on Friday. This is one of the most difficult to predict indicators. Significant deviation from expectations (181K) is able to cause wild market swings, affecting stocks, commodities and currency pairs with #USD. ADP Employment report in the private sector significantly exceeded expectations (271K vs 179K), probably slightly increased market expectations for NFP.

πŸ‡¨πŸ‡¦13:30 Employment data from Canada will be overshadowed by the publication from the United States. However, investors and traders will take this information into account, which may hit the #CAD in case of unexpectedly weak data.

πŸ‡ΊπŸ‡Έ 15:15 Speech of the Fed chairman Jerome Powell, together with his two predecessors, Janet Yellen and Ben Bernanke, in an interview can be a trigger for a new burst of market volatility, as it may have hints to change the tone of the FOMC to a softer, or, on the contrary, to confirm the mood for the further increase of rates, while markets put 40% probability of rate cut (!) in 2019.

Visit https://fxpro.news/economic-calendar/ for more details.
πŸ—“ Important upcoming events and publications for January, 9 (GMT):

πŸ‡¨πŸ‡¦ 15:00 Bank of Canada set to hold its rate unchanged. A potential source of volatility for #CAD in this case will be accompanied statement and a monetary policy report. The press conference of the head of the Central Bank, which will begin later at 16:15, also has the potential to influence the course of trading.

πŸ‡¬πŸ‡§ 15:30 BoE’s Mark Carney speech can affect the fluctuations of the #GBP if his comments on monetary policy forecasts and economic assessments will contain hints at softening rhetoric.

πŸ‡ΊπŸ‡Έ 19:00 December’s FOMC Meeting Minutes, when the Committee raised its key rate, but softened its tone, lowered forecasts for economic growth and for number of rate hikes in 2019th.

Visit https://fxpro.news/economic-calendar/ for more details.
πŸ—“ Important upcoming events and publications for January, 23 (GMT):

πŸ‡¬πŸ‡§11:00 UK CBI Industrial Order Expectations is expected to indicate a deterioration in the balance. Weak data can have a moderately negative impact on #GBP in contrast with strong employment data yesterday.

πŸ‡¨πŸ‡¦13:30 Retail sales in Canada are expected to show a sharp decline of 0.7% in November after strengthening by 0.3% a month earlier. Less drastic drop has the potential to support #CAD.

πŸ‡ΊπŸ‡Έ 15:00 Richmond Fed Manufacturing Index rarely causes a volatility on markets. But now markets are on the information diet, as many publications are postponed because of the US government shutdown, so the #USD reaction may be stronger than usual.

Visit https://fxpro.news/economic-calendar/ for more details.
πŸ—“ Important upcoming events and publications for January 31 (GMT):

πŸ‡ͺπŸ‡Ί 10:00 Euro area GDP preliminary estimate may have a visible impact on #EUR. Economists, on average, are expecting to see the slowdown from 1.6% to 1.2% y/y, which would be the slowest growth from 2014. Until the release of data for the whole Euro-region, indicators for individual countries will be released, which could also trigger EUR volatility. In our view, there are risks of even more rapid deceleration.

πŸ‡¨πŸ‡¦13:30 Canada GDP is expected to fall by 0.1% in November to 1.6% y/y. Weaker data can further harm #CAD, underlining the economic weakness. At the same time released producer prices index could also affect prices.

πŸ‡ΊπŸ‡Έ13:30 U.S. Initial unemployment claims are in the market focus in the run-up to the release of Friday employment report. A week earlier this figure fell to 199K, which was a very good result. Another portion of the strong data (low claims number) are able to support the #USD, tuning markets on healthy employment growth.

Visit https://fxpro.news/economic-calendar/ for more details.
πŸ—“ Important upcoming events and publications for February 8 (GMT):

πŸ‡¨πŸ‡¦ 13:30 Employment in Canada will be in the focus of American traders in the absence of significant U.S. publications at this time. In the previous two days, #CAD was sharply sold out. Strong employment data can trigger profit-taking at the end of the week after a strong movement. A weak release, on the other hand, can enhance sales.

πŸ›’ 18:00 Baker Hughes U.S. Rig Count data may have a noticeable effect on #Brent and #WTI prices. The number of rigs has turned to decline in January, and this trend development is able to support Crude Oil prices.

Visit https://fxpro.news/economic-calendar/ for more details.
πŸ—“ Important upcoming events and publications for February 21 (GMT):

πŸ‡ͺπŸ‡Ί 08:15-09:00 Preliminary PMI for the eurozone in recent months has had a negative impact on the #EUR, causing market participants frustration after weak releases. For the first time in six months, market analysts expect improvements, which is able to inspire euro buying.

πŸ‡ΊπŸ‡Έ 13:30 U.S. Durable goods orders is a leading indicator of production trends and investment activity. It is expected the second consecutive month of growth of the overall figure by 0.8%. Stronger growth can support stock markets demand and cause some #USD growth.

πŸ‡¨πŸ‡¦ 17:50 BOC Governor Stephen Poloz Speaks (the text of the speech will be published 15 minutes earlier) at the Chamber of Commerce and Industry of Montreal and he will probably focus on Canada's economic performance. Optimistic economic assessments can support #CAD.

Visit https://fxpro.news/economic-calendar/ for more details
πŸ—“ Important upcoming events and publications for May 15 (GMT):

πŸ‡©πŸ‡ͺ 06:00 German GDP. Risks for #EUR: Moderate. It is expected economic growth by 0.4% q/q and 0.7% y/y. Growth rate to the same quarter last year has decelerated 4Q17. Weaker than expected data may increase the pressure on the Euro.

πŸ‡¨πŸ‡¦ 12:30 Canada Consumer Price Index. Risks for #CAD: High. It is expected increase by 0.4% m/m and 2.0% y/y. Restoration of inflation to the BoC target reduces the pressure on the Canadian dollar, suggesting a more hawkish tone for monetary policy.

πŸ‡ΊπŸ‡Έ 12:30 U.S. Retail Sales. Risks for #USD: High. It is expected growth in April by 0.2% after an increase of 1.6%. Lower than expected data as downward revision can cause pressure on the dollar.

Detailed economic calendar

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πŸ—“ Important upcoming events and publications for May 16 (GMT):

πŸ‡ͺπŸ‡Ί 09:00 Eurozone Trade balance. Risks for #EUR: low. In March, the surplus is expected to decrease from 19.5B to B19.0B. Despite this, the surplus as a whole has been increasing since October last year, supported by a weak Euro.

πŸ‡ΊπŸ‡Έ 12:30 U.S. Building Permits. Risks for #USD: Moderate. In April, it is expected growth from 1269K to 1295K. The increase may be the first in three months and is able to support the purchase of the dollar.

πŸ‡¨πŸ‡¦ 15:15 Bank of Canada Governor speaks. Risks for #CAD: High. The speech at the press conference on financial system review can shed light on monetary policy. Hints for a prolonged pause in the rate hike may weaken the Canadian dollar.

Detailed economic calendar