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FX Headlines: Swiss Consumption Data Only Event on Calendar for Monday

FX Headlines: Swiss Consumption Data Only Event on Calendar for Monday

Christopher Vecchio, CFA, Senior Strategist

A light calendar to start the week shouldn’t be taken as an indication of what’s to come – there are several key events due later this week from the Euro-Zone and the United Kingdom.


There is no data on the Euro economic calendar for Monday, August 12.

See the Euro economic calendar for the week of August 11 to 16.

Read more: Euro Struggling amid Stronger Data May Be a Warning Sign


There is no data on the British Pound economic calendar for Monday, August 12.

See the British Pound economic calendar for the week of August 11 to 16.

Read more: Euro and Pound Maintain Gains as US Dollar Hits Two-Month Low


FX_Headlines_Swiss_Consumption_Data_Only_Event_on_Calendar_for_Monday_body_Picture_1.png, FX Headlines: Swiss Consumption Data Only Event on Calendar for Monday

Swiss data has been on the upswing of late, following suit after its British and Euro-Zone counterparts. Most notably, the Swiss inflation gauge just broke a 21-month deflation streak, a sign that economic activity may be picking up for the landlocked nation; inflation gauges are lagging indicators, so the data might mean that stronger growth has already arrived. As such, in line with the broader regional European recovery in recent weeks, an improvement should be anticipated.

See the DailyFX Economic Calendar for a full list, timetable, and consensus forecasts for upcoming economic indicators. Want the forecasts to appear right on your charts? Download the DailyFX News App.

Want to automate your trading or trade baskets of currencies? Try Mirror Trader.

--- Written by Christopher Vecchio, Currency Analyst

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