Canada will publish the headline and core retail sales on January 24 at 15:30 MT time.
How will the RBA affect the aussie?
The Reserve bank of Australia (RBA) will publish its statement and announce the official rate on September 3, at 7:30 MT time.
The market is assessing the chance of a rate cut during the upcoming meeting. Analysts are sure that the central bank of Australia will ease its monetary policy soon due to the global economic instability. However, not all of them expect September's meeting to be the crucial one for the RBA. Those who don't see a rate cut in September suggest waiting for more indicators and negative news. This data will help the policymakers of the bank to determine their next step. Others think that the Reserve bank of Australia should cut the rate immediately due to the global uncertainties. Anyway, the tone of the RBA Governor Philip Lowe will be in focus, as traders will be looking for hints on the future rate decisions.
• If the RBA is hawkish, the AUD will rise;
• If the RBA is dovish, the AUD will fall.
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time.
The Bank of Canada (BOC) will release its rate statement alongside the monetary policy report during its meeting on January 22 at 17:00 MT time.
The Bank of England’s interest rate announcement and monetary report will be out at 14:00 MT on January 30.
The Facebook earnings report is coming at 00:00 MT time on January 30.
Apple earnings report is released at 00:00 MT time on January 29.