Below are the key trading announcements for this week. As I write the FTSE 100 is currently down 200 points, so who said shorting doesn’t pay! I hope you followed my advice in my currency blog to short both the GBP/USD and EUR/USD – both trades are showing significant profits but I’m not ready to close out just yet, althought the GBP/USD may be forming a double bottom. On the oil contracts these are again short with a target of around $85. I have just posted my weekly update on the fixed odds trading blog . The key announcements this week are as follows :
Monday October 6th:
EU – 08:30 – Sentix Investor Confidence.
US – 17:30 – FOMC Member Fisher Speaks.
UK – 23:01 – NIESR GDP Estimate.
Tuesday October 7th:
UK – Tentative – Halifax HPI M/M.
UK – 08:30 – Manufacturing Production M/M.
UK – 08:30 – Industrial Production M/M.
GE – 08:30 – Factory Orders M/M.
EU – 13:30 – ECB President Trichet Speaks.
US – 15:00 – FOMC Member Stern Speaks.
US – 16:00 – Fed Chairman Bernanke Speaks.
US – 18:00 – FOMC Meeting Minutes.
US – 19:00 – Consumer Credit M/M.
US – 23:01 – Nationwide Consumer Confidence.
Wednesday October 8th:
FR – 06:45 - Government Budget Balance.
FR – 06:45 - Trade Balance.
UK – 08:30 – BRC Shop Price Index Y/Y.
EU – 10:00 – Industrial Production M/M.
US – 11:45 – FOMC Member Plosser Speaks.
US – 14:00 – Pending Home Sales M/M.
UK – 14:30 – CB Leading Index M/M.
US – 14:35 – Crude Oil Inventories.
Thursday October 9th:
GE – 06:00 - Trade Balance.
GE – 06:00 - German WPI M/M.
EU – 08:00 - ECB Monthly Bulletin.
EU – 08:30 - Trade Balance.
UK – 11:00 - MPC Rate Statement.
UK – 11:00 - Official Bank Rate.
US – 12:30 - Unemployment Claims.
US – 12:30 - Wholesale Inventories M/M.
US – 14:35 - Natural Gas Storage.
US – 17:30 - FOMC Member Stern Speaks.
Friday October 10th:
FR – 06:45 - French Industrial Production M/M.
US – 12:30 - Trade Balance.
US – 12:30 - Import Prices M/M.
US – 18:00 - Federal Budget Balance.
ALL - ALL – G7 Meeting.
EU – Europe wide
FR – France
UK – United Kingdom
US – United States
GE – Germany