The week ahead – Rabobank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Jane Foley, Senior FX Strategist at Rabobank, suggests that the releases later today of US durable goods and factory orders data will ensure that the outlook for the US economy continues to draw attention.

    Key Quotes

    “Potentially the bigger focus this week will be the release on Wednesday of the minutes of the March FOMC minutes which could give a better insight as the pull of the Fed’s doves over the hawks.

    Also due for release later this week will be the minutes of the March ECB policy meeting. In the weeks since the ECB announced it will become a major buyer of corporate debt, the ECB’s policy has already had a sizeable impact on the credit market.

    Slightly better than expected UK construction PMI this morning will be followed later in the week by production, trade and services. UK economic news can be expected to be overshadowed by political developments related to the forthcoming June 23 referendum on Brexit.”
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