Major economic events to affect the trading of the pair GBP/USD for the week ending April 6th, 2012 are as under:
On Monday, In United Kingdom, data on purchasing managers’ index, Lloyds Business Barometer and hometrack housing survey was released while Bank of England reported data on housing equity withdrawal. In United States, data on construction spending, unemployment rate, ISM manufacturing and ISM prices paid was reported while US Federal Reserve’s official Pianalto addressed at an event in Ohio regarding US monetary policy.
Today on Tuesday, data on producer price index was reported in the euro zone while United States published its data on factory orders and ISM for New York. Minutes of latest FOMC meeting were also expected in United States today. In United Kingdom, data on purchasing manager index for construction sector was released.
On Wednesday, United Kingdom is to report its official figure on country’s reserves along with data on BRC shop price index and purchasing managers’ index for services sector. In United States, data on domestic vehicle sales, MBA mortgage applications, employment change by ADP, ISM non manufacturing index and data on crude oil, gasoline and distillates inventories by EIA will be published.
On Thursday, in United States, several economic indicators will be published which will include, challenger job cuts, data on initial jobless claims, continuing claims and data on natural gas supplies by EIA. In United Kingdom, data on Halifax house price, manufacturing production and industrial production is expected while the Bank of England will report its assets purchase target and interest rate decision. In England estimate on gross domestic production will be also published by NIESR.
On Friday, April 6th, United States will report its data on unemployment rate, change in household employment, average hourly earnings, change in manufacturing payrolls, change in private payrolls, change in non-farm payrolls and consumer credit.
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