The Week Ahead: AUD, CAD, and USD in Focus
James Chen, CMT December 1, 2017 1:26 PM
Markets this past week were dominated largely by key central bank speakers, a pivotal OPEC agreement, another missile launch by North Korea, and a scramble by the US Senate to vote on a critical US tax reform bill. On Friday morning, however, equity markets and the dollar were suddenly rocked by reports that former US national security adviser, Michael Flynn, will be testifying that President Trump directed him to make contact with the Russian government in the growing scandal that continues to threaten Trump and his administration.
- Monday, December 4:
- UK Construction PMI
- Tuesday, December 5:
- Australia Current Account
- Australia Retail Sales
- Reserve Bank of Australia Cash Rate and Rate Statement
- UK Services PMI
- Canada Trade Balance
- US ISM Non-Manufacturing PMI
- Wednesday, December 6:
- Australia GDP
- US ADP Non-Farm Employment Change
- Bank of Canada Overnight Rate and Rate Statement
- Thursday, December 7:
- Australia Trade Balance
- US Weekly Unemployment Claims
- Friday, December 8:
- UK Manufacturing Production
- US Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings
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