26.09.2016 – Economic Calendar by Dukascopy

By | September 23, 2016

Let’s see which news releases could shake up the currency markets on Monday, the 26th of September. This is the Economic Calendar.
The schedule actually starts at 9:45 the previous evening, when the New Zealand Trade Balance for August is released. Trade balance turned negative in July for the first time in 7 months as meat exports saw a sharp drop.
German Ifo Business Climate Index for September is out at 8. The index lost 2.1 points in August, reflecting concerns that Brexit could lead to a drop in foreign orders.
UK Mortgage Approvals for August follow half an hour later. The number of approvals has been declining for the past 2 months and now stands at its lowest level in more than a year.
Swiss National Bank Chairman Thomas Jordan will be giving a closely watched speech at 9:30, speaking at the 2016 Sibos conference in Geneva.
Another high importance speech, this time from the ECB President Mario Draghi, comes at 2 PM GMT, and he will be testifying before the EP Committee on Economic and Monetary Affairs in Brussels.
US New Home Sales for August are out at the same time. July sales surprised very much on the upside, reaching their highest level in 8 years.
Loonie Dollar traders may want to tune in at 11:10 in the evening, when the Bank of Canada Governor Stephen Poloz will be speaking at the Western Washington University in Washington DC. The text of the speech will be available 15 minutes earlier, but the live event will include audience questions.
And Bank of Japan will release the detailed minutes of its July meeting at 11:50. There has actually been another meeting since, but the Minutes still could provide some insight in the Bank’s decisions.
That’s all for Monday’s Economic Calendar. I’m Kiays Khalil and we’ll be back with the next overview of news releases for Tuesday. See you then.

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