News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Real Time News
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here:
  • Evergrande shares jump as much as 32%, with over 240 million shares traded -BBG
  • Technical analysis of charts aims to identify patterns and market trends by utilizing differing forms of technical chart types and other chart functions. Learn about the top three technical analysis tools here:
  • PBOC injects net 110b Yuan in open market operations -BBG
  • RT @BrendanFaganFx: Hang Seng, ASX 200 May See Relief After Fed. Evergrande Set for Restructuring? #Evergrande #HangSeng #FOMC Link: http…
  • The US Dollar seems to be back on the offensive against its major counterparts, pressuring EUR/USD and NZD/USD lower as USD/JPY consolidates. USD/CHF surges past key resistance. Get your market update from @ddubrovskyFX here:
  • Chinese estates' Evergrande loss assumes all shares sold -BBG #Evergrande
  • RT @FxWestwater: Australian Dollar Fights FOMC-Charged US Dollar After Upbeat PMI Data Link: $AUDUSD…
  • Heads Up:🇯🇵 Foreign Bond Investment (18/SEP) due at 23:50 GMT (15min)
  • Gold prices gain as potential systemic risks out of China's Evergrande Group roil broader markets. Meanwhile, iron ore is ticking higher after a big drop on Monday as China steps up steelmaking curbs. Get your market update from @FxWestwater here:
Economic Calendar: Chinese Inflation, BoJ  to Stir Forex Volatility

Economic Calendar: Chinese Inflation, BoJ to Stir Forex Volatility

Gregory Marks,
Forex economic calendar events outlook

Talking Points:

-After Friday’s major selloff, crucial to watch action in yields/equities.

-BoJ likely waiting for incoming data post-sales tax hike.

-Sentiment on lower Chinese inflation could shift in the coming months.

Economic Calendar Weekly Outlook

Economic-Calendar-Chinese-Inflation-BoJ-Volatility-0208_body_Picture_8.png, Economic Calendar: Chinese Inflation, BoJ  to Stir Forex Volatility

Bank of Japan Monetary Policy Statements have remained a non-event as late to say the least. Nevertheless, with Yen pairs coiling for months and as we approach critical technical levels, one BoJ meeting over the next few months may prove to be that fundamental spark needed for further Yen weakness. As for catalysts for Yen strength, USDJPY and U.S. Treasury yield correlation remain strong and risk aversion vis-a-vis an equity market correction could support the Yen near term. Nevertheless, incoming data post-tax hike in Japan will prove key to whether the Bank of Japan will ease further. With current account falling through the floor and data softening moving into the sales tax hike, a further push by the BoJ looks likely. Nevertheless, the central bank may be waiting for concrete evidence of a softening economy on the back of the tax hike. Watch EURJPY in the context of German CPI data later in the week and AUDJPY in the context of Chinese CPI on Friday.

Economic-Calendar-Chinese-Inflation-BoJ-Volatility-0208_body_Picture_7.png, Economic Calendar: Chinese Inflation, BoJ  to Stir Forex Volatility

We’ve heard a lot from the Fed as of late and most of the developments have been priced in in regards to when the Fed sees rates rising. Although no surprises are expected, market participants will be noting any shifts on the FOMC in regards to how quickly policy must be normalized. It is important to note that voting members on the FOMC this year exclude known doves Bullard and Evans. Although the Fed’s lone bubble spotter (Jeremy Stein) is stepping down, more balanced additions such as Fischer, Brainard and Powell may hint at more hawkish sounding policy statements and minutes moving forward. The market has adjusted relatively well to the less dovish lean as of late, but the transition is likely to take place over the next year. This presents a risk of considerable more volatility when detailed statements are given.

Economic-Calendar-Chinese-Inflation-BoJ-Volatility-0208_body_Picture_6.png, Economic Calendar: Chinese Inflation, BoJ  to Stir Forex Volatility

As with the BoJ, playing the Bank of England rate decision remains a lost cause as of late. The central bank has not released an in depth policy statement with the rate decision in some time and this has usually led to GBP strength briefly before a quick retracement of those gains. It is notable that the ECB will not be taking place just after the BoE and this may lead to greater follow through on price action post-announcement. Watch for follow through on EURGBP as we will not have the ECB following the BoE Rate Decision.

Economic-Calendar-Chinese-Inflation-BoJ-Volatility-0208_body_Picture_5.png, Economic Calendar: Chinese Inflation, BoJ  to Stir Forex Volatility

Although China watchers have viewed declining official price levels as a good sign as it indicates the government has more room for stimulus endeavors, amid stresses in credit markets and domestic demand we may begin to see a shift in sentiment towards low CPI. If the decline in price levels continue, it may only be a matter of time before it is viewed in the context of serious stresses on domestic consumption and economic growth. Following disappointing PMI figures and a second corporate default last week, negative attention may return to the Australian Dollar as it pulls back from multi-month highs. Also note that price action in the Chinese Yuan is likely to move into the spotlight as leveraged positions remain at risk while a weaker FX rate spells trouble for costs of energy imports.

Economic-Calendar-Chinese-Inflation-BoJ-Volatility-0208_body_Picture_4.png, Economic Calendar: Chinese Inflation, BoJ  to Stir Forex Volatility

Although ECB’s Draghi last Thursday stated that he thinks inflation will pick up in April, seasonality studies may have a few words for him. The second quarter has been generally weak over the past five years and this may provide headwinds for the ECB. If the finalized German print comes in lower than the preliminary then we could see a renewed bout of short term EUR weakness before the trading week is out. Although ECB members have been dismissing QE, any hint of true deflation could force the central banks’ hand and quickly at that.

Economic-Calendar-Chinese-Inflation-BoJ-Volatility-0208_body_ecb.png, Economic Calendar: Chinese Inflation, BoJ  to Stir Forex Volatility

*All times listed in GMT

Economic-Calendar-Chinese-Inflation-BoJ-Volatility-0208_body_01.png, Economic Calendar: Chinese Inflation, BoJ  to Stir Forex VolatilityEconomic-Calendar-Chinese-Inflation-BoJ-Volatility-0208_body_02.png, Economic Calendar: Chinese Inflation, BoJ  to Stir Forex Volatility

Gregory Marks, DailyFX Research Team

Keep up to date on event risk with the DailyFX Calendar.

How does a Currency War affect your FX trading?

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.