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Economic Events: (GMT)
00:30 AUD NAB Business Confidence 3
The National Australia Bank (NAB) Business Confidence Index rates the current level of business conditions in Australia. Changes in business sentiment can be an early signal of future economic activity such as spending, hiring, and investment. The index is based on data collected from a survey of around 350 companies. A level above zero indicates improving conditions; below indicates worsening conditions.
03:30 JPY Interest Rate Decision 0.00% 0.00%
Ten JPY BoJ Press Conference
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Bank of Japan (BOJ) policy board members come to a consensus on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation. Which is then followed by a Press Conference detail the reason for the decision and also the economic status of the economy. ( This is a close watch.. might present an interesting trade )
04:30 JPY Industrial Production (MoM) 4.0% 4.0%
Industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
13:30 USD Core Retail Sales (MoM) 0.6% -0.2%
Core Retail Sales measures the change in the total value of sales at the retail level in the U.S., excluding automobiles. It is an important indicator of consumer spending and is also considered as a pace indicator for the U.S. economy.
13:30 USD Import Price Index (MoM) 0.3% -0.1%
The Import Price Index measures the change in the price of imported goods and services purchased domestically.
13:30 USD Retail Sales (MoM) 0.8% 0.1%
Retail Sales measure the change in the total value of inflation-adjusted sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.
