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20 May 2013
Flash: This week's key releases to watch - Nomura
FXstreet.com (Barcelona) - The current week has started with some high decibels of volatility, especially in the Silver and Yen markets, and that is only the beginning as more first-tier risk events are due later this week.
Below is a quick list selected by Matthew Slade, FX strategist at Nomura, on the main events due out this week:
1. Australia’s RBA minutes (Tuesday 02:30 BST) – clarity on why rates were cut earlier than expected and whether another cut is imminent.
2. Japan’s BOJ (Wednesday) - No policy change is expected; market expectation is likely to be low as well.
3. FOMC Chairman Ben Bernanke speech (Wednesday 15:00 BST) – looking to see if comments curtail the rally in USD.
4. FOMC minutes (Wednesday 19:00 BST) – looking for color on timing and pace of a QE exit.
5. Euro area PMIs (Thursday 09:00 BST) – expect a broad based improvement versus last month
Below is a quick list selected by Matthew Slade, FX strategist at Nomura, on the main events due out this week:
1. Australia’s RBA minutes (Tuesday 02:30 BST) – clarity on why rates were cut earlier than expected and whether another cut is imminent.
2. Japan’s BOJ (Wednesday) - No policy change is expected; market expectation is likely to be low as well.
3. FOMC Chairman Ben Bernanke speech (Wednesday 15:00 BST) – looking to see if comments curtail the rally in USD.
4. FOMC minutes (Wednesday 19:00 BST) – looking for color on timing and pace of a QE exit.
5. Euro area PMIs (Thursday 09:00 BST) – expect a broad based improvement versus last month