Fundamental Data Recap, October 12-16, 2015

Last week the greenback again weakened against all major currencies except for the Japanese Yen . Since the release of the ISM Manufacturing Index and Non- Farm Payrolls which is not as expected, the US dollar continues to weaken and continue until the last week in line with the ISM Non-Manufacturing index and the trade balance are also below market expectations . Weakening greenback peaks occur when the release of the minutes of the FOMC meeting September 2015 which was more dovish than expected .

From the minutes of the FOMC meeting seemed ready to raise interest rates , but at the last moment canceled realized. In addition to waiting for repair jobs data as mentioned in the final statement, the FOMC members also see the low level of inflation and the strong exchange rate of USD as the primary consideration for delaying the rise in interest rates. Although considered dovish but the majority of FOMC members still expect a rate hike this year , including the chairman of the Federal Reserve Janet Yellen, while most analysts expect the Fed interest rate will persist until March of next year.

The movement of the greenback this week will be determined by the retail sales data ( Wednesday) and inflation in September (Thursday ) . September Retail Sales are expected to rise 0.2 % while total September CPI y / y expected to contract by 0.2 % ( or -0.2 % ) and core CPI rose 1.8 % return . If the results of the release below the expectations of the estimated USD to fizzle . Meanwhile the commodity currencies shine again last week . The increase in oil prices boosted the loonie and increased milk price index causing the Kiwi strengthened , also iron ore prices rebound and gold make the Aussie back rally .

Data and other important events are the UK inflation, China's inflation, the index ZEW Economic Sentiment Germany, Jobless Claims and the index of the average wage in the UK, the Australian workforce, US consumer confidence index version UoM, Jobless Claims and jolts US Philly Fed index Manufacturing US , US PPI and speeches by FOMC members .

Monday, October 12, 2015 :

Bank holiday in Japan ( Health - Sports Day )

Bank holiday in the US ( Columbus Day )

Holiday banks in Canada ( Thanksgiving Day )

07:10 pm : speech FOMC member Dennis Lockhart

09:30 pm : speech FOMC members Charles Evans

Tuesday, October 13, 2015 :

12:20 am : speech governor of the Bank of Canada (BoC ) Stephen Poloz

03:30 am : speech FOMC members Lael Brainard

06:50 am : the minutes of the meeting of Bank of Japan ( BoJ ) on 14-15 September 2015

07:30 am : Australian business confidence index NAB version in September 2015

Tentative time : China trade balance data in September 2015

01:00 pm : Data Consumer Price Index ( CPI ) Germany in September 2015 ( Final )

02:15 pm : Data Producer Price Index ( PPI ) Swiss month of September 2015

03:30 pm : UK CPI and PPI in September 2015

04:00 pm : index German ZEW Economic Sentiment and the Euro area in October 2015

Wednesday, October 14, 2015 :

01:00 am : The US government budget in September 2015

06:30 am : Australian consumer confidence index Westpac version in October 2015

08:30 am : CPI and PPI China in September 2015

03:30 pm : The average wage index in the United Kingdom in August 2015 ( 3m / y )

03:30 pm : UK Jobless Claims Data in September 2015

03:30 pm : Data UK unemployment rate in August 2015

04:00 pm : Data Industrial Production Euro area in August 2015

07:30 pm : US Retail Sales Data in September 2015

07:30 pm : PPI data the US in September 2015

Thursday, October 15, 2015 :

04:30 am : Business NZ Manufacturing Index New Zealand in September 2015

07:00 am : Data of inflation expectations Australia in October 2015

07:30 am : Data Employment Change and Australia's unemployment rate in September 2015

07:30 pm : The US CPI data in September 2015

07:30 pm : US Jobless Claims Data per October 10, 2015

09:00 pm : Philly Fed Manufacturing Index US in October 2015

09:30 pm : speech FOMC member William Dudley

Friday , October 16, 2015 :

04:00 pm : Euro area CPI in September 2015 ( Final )

04:00 pm : Euro area trade balance data in August 2015

07:30 pm : Data Manufacturing Sales Canada in August 2015

08:15 pm : Data US Industrial Production in September 2015

09:00 pm : US consumer confidence index version of the University of Michigan ( UoM ) in October 2015 (preliminary )

09:00 pm : Data Job Openings and Labor Turnover Summary ( jolts ) US in August 2015 .