Markets in anticipation of the statement of Mario Draghi and the rate of inflation in the US

Monday:

At 01:50 Japan: Bank of Japan minutes
At 11:00 Germany: Ifo Business climate
At 17:00 USA: Existing home sales

Tuesday:

At 09:00 Germany: GDP for the fourth quarter
At 12:00 Eurozone: Harmonized index of consumer prices
At 16:00 Eurozone: ECB president Draghi speaks
At 17:00 USA: Consumer confidence
At 20:45 Canada: Statement by the Governor of the Bank of Canada

Wednesday:

At 03:45 China: Manufacturing PMI
At 17:00 USA: Sales of new homes
At 17:30 US: Weekly change in inventories of crude oil
At 18:30 Eurozone: A statement of the ECB President Mario Draghi
At 23:45 New Zealand: Trade balance

Thursday:

At 02:30 Australia: Private capital expenditure
At 10:00 Spain: GDP for the fourth quarter
At 11:30 UK: GDP (second estimate)
At 15:30 USA: Consumer Price Index
At 15:30 USA: Weekly jobless claims
At 15:30 USA: Orders for durable goods
At 15:30 Canada: Consumer Price Index

Friday:

At 01:00 Japan: Statement of the Governor of the Bank of Japan
At 01:30 Japan: CPI
At 01:50 Japan: Industrial production
At 01:50 Japan: Retail sales
At 02:00 New Zealand:Business confidence
At 15:30 USA: GDP (yoy)
At 17:00 USA: Pending home sales

Markets in anticipation of the statement of Mario Draghi and the rate of inflation in the US in the next week

Monday: The Asian session will start with the Ban of Japan minutes

At 11:00 Germany: Ifo Business climate, expectations are 107.6 to 106.7 for the previous period. If expectations justify we may see an increase in euro

At 17:00 USA: Existing home sales are expected to 5.03 million. In January to 5.04 million. For the previous period. We may see a short-term decline in the dollar if the data justify

Tuesday:

At 09:00 Germany: GDP for the fourth quarter, is expected to 0.7% from 0.1% the previous quarter. If the data justify we can see growth of the euro

At 12:00 Eurozone: Harmonized index of consumer prices in January, is expected to -0.6% compared to -0.2% for the previous month. If expectations are justified can see short-term decline of the euro

At 16:00 Eurozone: ECB president Draghi speaks. Possible increase in volatility during the speech

At 17:00 USA: Consumer confidence, expectations are for values of 100 points, compared to 102.9 points in the previous period. If predictions come true we can see a short fall of the dollar

Wednesday:

At 03:45 China: Manufacturing PMI index expected no change from the previous period 49.7 points

At 17:00 USA: Sales of new homes in January, expectations are for 487,000 to 481,000 for the previous period. Dollar my raise if expectations come true

At 17:30 US: Weekly change in inventories of crude oil expected no change in inventories compared to the previous week by 7.7 million barrels

At 18:30 Eurozone: A statement of the ECB President Mario Draghi. Possible increase in volatility during statement

At 23:45 New Zealand: Trade balance for January is not expected to change from the previous period -159 million.

Thursday:

At 02:30 Australia: Private capital expenditure is expected to -1.3% compared to 0.2% for the previous period. If expectations justify we may see a decrease in the Australian dollar

At 10:00 Spain: GDP for the fourth quarter, the expectations are for 2% compared to 1.6% for the previous period. If expectations are justified we can see short-term increase of the euro

At 11:30 UK: GDP (second estimate) for the last quarter is expected to be 0.5% to 0.7% for the previous period. If the forecasts come true we may see a decrease in pound

At 15:30 USA: Consumer Price Index, is expected to 0.1% versus 0.8% in the previous month. At the same time will be the release of the weekly jobless claims, expected no change compared to the previous week by 283,000. Orders for durable goods in January are next, is expected to be 2% to -3.3% for the previous period. Data can provide sharp moves in the U.S dollar

Friday:

At 01:00 Japan: Statement of the Governor of the Bank of Japan, it is possible that an increase in volatility

At 01:30 Japan: CPI is expected no change in the values of the previous period by 2.4%

At 01:50 Japan: Industrial production is expected to be 2.7% versus 0.8% for the previous period. At the same time is the release of the retail sales for January, expectations are for -1.3% compared to 0.2% for the previous period. If forecast came true we may see decline in the JPY

At 02:00 New Zealand:Business confidence is expected no change from the previous period by 30.4 points

At 15:30 USA: GDP (yoy) expected 2.6% compared to 5% for the previous period. Probably lower dollar if expectations justify

At 17:00 USA: Pending home sales are expected no change from the previous period of -3.7%

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