The main events of the day

Wednesday, January 17, is full of statistics on the eurozone and Canada.

The market is focused on the dynamics of the US currency, which sets the sentiment  in the market.

At 01:30 – the index of consumer sentiment in Australia by Westpac, the previous value is 3.6%.

At 02:30 – announcement of the housing loans of Australia (m/m), the forecast is -0.2%, the previous value is -0.6%.

At 12:00 – data on inflation in the euro area:
– Basic consumer price index (CPI) in the euro area (y/y), the previous value is 0.9%.
– Consumer price index (CPI) in the euro area (m/m), the forecast is 0.4%, the previous value is 0.1%.
– Consumer Price Index (CPI) in the euro area (y/y), the forecast is 1.4%, the previous value is 1.4%.

At 13:45 – a speech of a member of the Monetary Policy Committee of the Bank of England, Saunders.

At 16:15 – announcement of the volume of industrial production in the US (m/m), the forecast is 0.4%, the previous value is 0.2%.

At 17:00 – the meeting of the Bank of Canada:
– Publication of the Bank of Canada’s report on monetary policy.
– The accompanying statement of the Bank of Canada.
– Decision on the interest rate of the Bank of Canada, the forecast is 1.25%, the previous value is 1.00%.

At 21:00 – publication of the “Beige Book” of the US Federal Reserve.

At 23:00 – release of the volume of purchases of long-term securities TIC USA, the previous value is 23.2D.

Anton Hanzenko