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Week Ahead – Fed Chair Yellen’s testimony is main highlight

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On Monday the Bank of Japan issues minutes from its latest monetary policy meeting.

Ifo releases its latest business climate data for Germany.

The Confederation of British industry issues the latest Distributive Trades Survey results.

In the US, existing home sales figures are released.

On Tuesday, detailed fourth quarter GDP data are issued in Germany, while France sees the release of business confidence numbers.

Inflation figures are meanwhile published for the euro area.

The US sees the release of flash Services PMI data and Case Shiller home prices.

On Wednesday the HSBC Flash China Manufacturing PMI is released by Markit.

Then the main focus will be on Fed Chair Janet Yellen’s testimony. This will likely cause market volatility.

On Thursday, in Spain and the UK, fourth quarter GDP numbers are updated.

Germany sees the release of unemployment numbers, retail sales figures and Gfk consumer confidence data.

Consumer confidence numbers are issued in France, while the eurozone sees the publication of business climate and M3 money supply data.

Retail sales numbers, wage inflation data and consumer confidence figures are meanwhile released in Italy.
In Canada, inflation numbers are out.

The US sees the release of inflation numbers and durable goods orders data.

On Friday, in Japan, household spending, inflation, retail sales and unemployment numbers are released alongside industrial output data.

Germany, Italy and Spain meanwhile see the release of inflation figures, with the latter also updating its current account numbers.

In France, consumer spending data are issued alongside producer price numbers.

Gfk consumer confidence data are out in the UK.

In the US and Greece, fourth quarter GDP numbers are updated with the latter also seeing the release of producer price and retail sales figures.

The post Week Ahead – Fed Chair Yellen’s testimony is main highlight appeared first on Forex Circles.

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