The Reserve bank of Australia will release the rate statement and announce the update on the interest rate on February 4, at 5:30 MT time.
The ECB and the euro: surrounded by skeptics
The European Central Bank will publish its monetary policy statement and announce the main refinancing rate on January 23 at 14:45 MT time. Shortly after that, there is the press conference with the ECB president Christine Lagarde at 15:30 MT time.
While we don’t expect the changes to the current interest rate (0%), the statement itself may provide some reasonable opportunities for traders. Experts have already noted that the policymakers of the bank are less experienced now and less dovish than the team managed by Mario Draghi. This fact brings uncertainty to investors and makes the press conference with the new ECB president intriguing for the market as well.
• If the ECB is optimistic, the EUR will rise;
• If the ECB is pessimistic, the EUR will fall.
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 will conduct a meeting and release a monetary policy summary at 14:00 MT time on December 19.
Canada will announce its monthly GDP on July 31, at 15:30 MT time.
The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
The Federal Open Market Committee will make its statement and announce the interest rate on July 29, at 21:00 MT time.