Weekly Economic data releases- Jan8-14

Review: December meeting FOMC minutes, Trump’s tweet’s and December non-farm payrolls were the driven factors last week.

Preview: China inflation and export data, and U.S Retail sales are the highlights this week.

Day FX Event Forecast
Monday EUR Unemployment rate 9.8% vs 9.8%
  AUD Building Approvals 4.6% vs -12.6%
    Retail sales 0.4% vs 0.5%
  CNY CPI y/y 2.2% vs 2.3%
Tuesday CAD Building permits m/m 2.4% vs 8.7%
  USD JOLTS Job openings 5.59M vs 5.53M
Wednesday GBP Manufacturing Production m/m 0.6% vs -0.9%
Thursday EUR ECB Monetary Policy Meeting Accounts  
  USD Unemployment claims 266K vs 235K
  CNY Trade balance 345B vs 298B
Friday USD Retail sales m/m 0.5% vs 0.1%
    Core Retail sales 0.5% vs 0.2%
    Consumer sentiment 98.6 vs 98.2

Speeches:

Thursday-Fed Chair Yellen Speaks about the economic outlook and monetary policy at the American Council of Life Insurers, in Naples.

FOMC Member Harker Speaks at the Desmond Hotel, in Malvern. Audience questions expected.

Fed Chair Yellen Speaks at the town hall meeting, in Washington DC. Audience questions expected

Friday-MPC Member Saunders Speaks about the UK labor market, in London

FOMC Member Harker Speaks about economic mobility, in Philadelphia. Audience questions expected