The main events of the day

Tuesday, February 6, is full of data due to the publication of the RBA report, US statistics and employment data in New Zealand.

At the same time, the market monitors the dynamics of the American and assesses the possibility of correction of the dollar after growth.

At 02:00 – sales of new housing (HIA) in Australia (m/m), the previous value is 0.7%.

At 02:01 – announcement of the volume of retail sales in the UK from BRC (y/y), the previous value is 0.6%.

At 02:30 – data on Australia:
– The volume of retail sales in Australia (m/m), the forecast is -0.2%, the previous value is 1.2%.
– Australia’s trade balance, the forecast is 0.250D, the previous value is -0.628D.

At 05:30 – the results of the RBA meeting:
– Reserve Bank of Australia’s decision on the interest rate, the forecast is 1.50%, the previous value is 1.50%.
– The Reserve Bank of Australia’s decision on the interest rate.

At 09:00 – announcement of the volume of production orders in Germany (m/m), the forecast is 0.7%, the previous value is -0.4%.

At 11:00 – the speech of the President of the Bundesbank Weidmann.

At 15:30 – data on the trade balance of the US and Canada:
– The US trade balance, the forecast is -52.10D, the previous value is -50.50D.
– Canada’s trade balance, the forecast is -2.30D, the previous value is -2.54D.

At 17:00 – announcement of the number of open vacancies in the labor market (JOLTS) in the United States, the forecast is 5,900M, the previous value is 5,879M.

Also, at 17:00 – the index of business activity in Canada from Ivey, the forecast is 61.0, the previous value is 60.4.

At 23:35 – the weekly stocks of crude oil in the US according to the American Petroleum Institute (API), the previous value is 3,229M.

At 23:45 – data on employment in New Zealand:
– Change in employment in New Zealand (q/q), the forecast is 0.2%, the previous value is 2.2%.
– The unemployment rate in New Zealand, the forecast is 4.6%, the previous value is 4.6%.

Hanzenko Anton