CALENDAR OF EVENTS FOR THE WEEK 3RD TO 6TH NOVEMBER, 2014:
Monday 3rd, November, 2014:
10.30 AM GBP Manufacturing PMI
4.00 PM USD ISM Manufacturing PMI
6.50 PM CAD BOC Gov. Poloz Speaks
Tuesday 4th November, 2014:
01.30 AM AUD Retail Sales and Trade Balance
04.30 AM AUD Cash Rate and RBA Rate Statement
10.30 AM GBP Construction PMI
2.30 PM USD Trade Balance
2.30 PM CAD Trade Balance
Tentative NZD GDT Price Index
4.30 PM CAD BOC Gov. Poloz Speaks
10.45 PM NZD Employment Change
Wednesday, 5th, November, 2014:
03.30 AM JPY BOJ Gov.Kuroda Speaks
10.30 AM GBP Services PMI
2.15 PM USD ADP Employment Change
4.00 PM USD ISM Non- Manufacturing PMI
Thursday 6th November,2014:
01.30 AM AUD Employment Change
10.30 AM GBP Manufacturing and Industrial Production
1.00 PM GBP Assets Purchase Facility (APF) and Official Bank Rate
1.45 PM EUR Minimum Bid Rate
2.30 PM EUR ECB Press Conference
4.00 PM CAD Ivey PMI
Friday 7th November, 2014:
01.30 AM AUD RBA Monetary Policy Statement
2.30 PM CAD Employment Change
2.30 PM USD Non- Farm Employment Change
As you can see, the calendar is quite loaded but the number of events is not directly proportional to the number of trades one could have as most of them could turn out to be non events. Since we are used to this kind of scenario, let us hope for the best. My policy is that: I always prepare for the worst while hoping for the best.
