Markets in anticipation of important decisions on interest rates and Non-farm payrolls

Monday:
02:00 Australia: New home sales
03:45 China: Manufactoring PMI
10:55 Germany: Manufactoring PMI
11:30 UK: Manufactoring PMI
12:00 Eurozone: Inflation rate
17:00 US: ISM Manufactoring PMI

Tuesday:
02:30 Australia: Building Approvals
05:30 Australia: Decision on interest rates
11:30 UK: Construction PMI
15:30 Canada: GDP

Wednesday:
02:30 Australia: GDP
03:45 China: Services PMI
10:55 Germany: Services PMI
11:30 UK: Services PMI
12:00 Eurozone: Retail Sales
17:00 US: Non-Manufactoring PMI
17:00 Canada: Decision on interest rates

Thursday:
02:30 Australia: Retail Sales
02:30 Australia: Trade Balance
14:00 UK: Decision on interest rates
14:45 Eurozone: Decision on interest rates
17:00 Canada: PMI

Friday:
10:15 Switzerland: Inflation rate
12:00 Eurozone: GDP
15:30 US: Nonfarm Payrolls
15:30 USA: Unemployment rate
15:30 US: Trade Balance
15:30 Canada: Trade balance

Monday:
Asian session will begin with data from Australia's AIG Manufactoring index at 00:30, for which no changes are expected from the previous level of 49.0 points.

At 2:00 back from Australia, will be the release of the new home sales, and values ​​would likely be -1.9%. Possible drop in AUD If the data is justified.

At 3:45 investors will focus on the results for the manufacturing index in China, change in the values ​​of 50.1, a potential impact on Asian equities and currencies.

At 9:00 European session will start with data from the UK Nationwide HPI, as annual forecast is 6.8% compared to the same previous period.

At 10:45 from Switzerland, news from the PMI index, for the previous period results reported 48.2 points. We will probably see an increase in volatility in crosses of CHF after release.

At 10:50 of France will become clear level of PMI index, the data is expected to show 47.7 points. At 10:55 PMI in manufacturing in Germany, and analysts have forecast to 50.9 points compared to the same previous period. At better data possible growth of DAX30 and the single currency.

At 11:00 the Eurozone will see the results on the level of the Manufactoring PMI and changes of the records of 51.1 points are not expected.

At 11:30 UK will become clear level of PMI manufacturing index, forecast os 53.0 points .

At 12:00 Eurozone investors will focus on the unemployment rate, which is likely to keep at 11.4% and the rate of inflation, a decrease to -0.5% compared to -0.6% for the previous period is expected. Possible increase in volatility at the time.

From 15:30 in the US will see levels of personal income, which analysts say will show an increase to 0.4% compared to 0.3% for the previous period and personal expenses which are also expected to increase to -0.1% after -0.3% in the previous period. If the data justify possible growth of the dollar. In Canada at this time are expected current account data for the fourth quarter of 2014, which is expected to retain 51.0 points.

At 17:00 the Manufactoring PMI index, 53.5 points were the values from the previous period, if there is change in the numbers they will reflect on dollar and indexes

Tuesday:
In the Asian session is expected the release  at 02:30 of the Building approvals, and change in data from -3.3% is not expected. At the same time we will see the results for the current account, and previous data reported -12.5B.

At 5:30 back from Australia, investors will focus attention to the RBA and the decision on interest rates - possible increase in volatility.

At 8:45 Switzerland expect significant GDP data for the fourth quarter, the previous period data reported 0.6%, if data is better we may see increase in swis frank

At 11:30 is the release of the Construction PMI in UK, no change from 59.1 points is expected

At 15:30 Canada release of the GDP for the month of December for the previous period the data showed -0.2%, while changes possible impact on the Canadian dollar.

Wednesday:
Important data in the Asian session is expected at 2:30 of Australia's GDP for the last quarter of 2014, no changes are expected from previous data: 2.7% yoy and 0.3% for the fourth quarter. At this time is possible increase in volatility, if the data is better we may see possible increase in AUD.

At 03:45 we expect from China, Services PMI, data is expected to show 51.8 points.

At 10:55 from Germany we will see the results of the Services PMI, according to forecasts, we won't see changes from previous data of 55.5 points. If the data justifies, possible increase of the euro and European indices.

At 11:00 the Eurozone will see results of the Services PMI, with projections of 53.9 points.

At 11:30 UK Services PMI. Data reported for the previous period was 57.2 - possible increase in volatility of GBP crosses

At 12:00 Eurozone expects results for retail sales, and for the previous period, the data showed 0.3%

At 15:15, investors will turn their attention to the US where we have a change in unemployment in the non-agricultural sector, and the forecasts are for 211K to 213K for the previous period. If forecasts justify , possible decrease of the dollar.

16:45 In the US is the Services PMI release and no change in data of 57.0 points is expected.

At 17:00  Non-manufactoring PMI in  United States and forecast is to drop to 56.5 points compared to 56.7 points in the previous period. Possible decrease in the dollar. At the same time Canada is expected decision on interest rates , no changes are expected.

Thursday:
At 2:30 retail sales in Australia, and for the previous period the data showed 0.2%. Trade balance of the country is not expected to change from -0.436B. Upon change of data possible impact on the crosses of AUD.

At 9:00 in Germany are expected the orders in industrial production, and forecast is -1.3% compared to 4.2% in the previous period, and if the data justify we may see a decline in the indices and the euro.

At 14:00 UK investors are awaiting a decision on interest rates, it does not predict changes from the current 0.50% - possible increase in volatility after release.

At 14:45 of the ECB is also awaiting a decision on interest rates, and analysts say they will remain 0.05%.

Friday:
07:00 Japan will become clear level of leading Indicators, which will likely remain 1.5%

At 9:00 are expected the results of industrial production in Germany and the forecast is 0.5% compared to 0.1% for the previous reporting period. possible increase in euro on better data.

10:15 Switzerland  inflation, as monthly expected -0.4% compared to the previous period on a monthly basis and 0.5% on an annual basis compared to the same previous period

At 12:00, investors will turn their attention to Eurozone GDP in the region, no changes are expected from previous data of 0.3% for Q4 2014 and 0.9% on annual basis. We will probably see an increase in volatility after release.

At 15:30 are the Nonfarm Payrolls, which is expected to decrease to 243K from 257K for the previous period. At the same time it will become clear the unemployment rate which is expected to decline to 5.6% from 5.7% for the previous period. Trade balance then, the forecasts are for -43.00B compared to -46.60B from the previous period. If the data is true, we will likely see an increase in the dollar and stock indices.

At 15:30 also expect data on the trade balance of Canada, analysts say it will show -0.65B. While better data, possible increase in the Canadian dollar.

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