Sunday, March 18, 2012

Weekly Outlook for 19-23 March 2012

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DG365FD46564GFH654FU898 The main even from last week that may have affected not only the strength of the U.S dollar but also affected commodities prices mainly gold and silver prices was the FOMC meeting. Bernanke’s speech the following day may have also strengthened the U.S dollar as the U.S. economy is showing good signs of progress mainly in the labor market. This week there are many important events, decisions and publications that may affect forex and commodities markets; many of these reports refer to the U.S housing market which is still struggling. Among the reports and new items are: U.S. housing starts, GB CPI, U.S. new home sales, EU manufacturing PMI, Canada’s retail sales and U.S. unemployment claims. Here is an economic news calendar outlook for the week of March 19th to March 23rd that highlights news items regarding to the U.S., Canada, EU, Japan, Great Britain, Australia and China.



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