Advertisement
Advertisement

Weekly Economic Calendar – Trump, Yellen and China

By:
Tom Chen
Updated: Jan 8, 2017, 14:40 UTC

After a first volatile week in 2017, markets will continue to focus on economic news and speeches in order to get further indications of global policy

Weekly Economic Calendar

After a first volatile week in 2017, markets will continue to focus on economic news and speeches in order to get further indications of global policy makers.

In the second week of the year, traders and investors will be closely watching on Donald Trump’s press conference on Wednesday. Trump will hold his first post- election conference and traders will attempt to get any details about the economic plans of the new US president that will enter the White House on January 20.

Additionally, on Thursday, Fed chair Janet Yellen will speak in Washington. After Friday’s weak non farm payrolls and a vague minutes protocol of December meeting, investors will continue to seek any details of US central Bank rate hike predictions.

Last week, rumors indicate China’s US Dollar sell-off pushed the greenback down. The question for the upcoming week is if the trend continue as the Chinese leadership concerned by Trump’s trades restrictions plan.

China will publish its CPI data on Tuesday at 1:30 GMT and its Trade Balance on Friday at 03:00 GMT.

On Thursday, ECB minutes will be published at 12:30 GMT and can shed lights of the European central bank decision to extend its quantitative easing program.

About the Author

Tom Chenauthor

Tom began trading currencies and commodities in 2005 which during this time he developed his approach and gained a strong understanding of the financial markets, macroeconomics, and geopolitics. He is an experienced writer with a wide knowledge of economics, politics and the financial markets.

Did you find this article useful?

Advertisement