The ECB Monetary Policy Meeting Accounts will be released at 14:30 MT on January 16
An opportunity to trade the AUD.
The Reserve bank of Australia (RBA) is going to deliver its statement at 5:30 MT time on November 6.
The statement will contain an outlook on the monetary policy of the country and offer clues on future rate decisions. For now, AUD/USD has been trading within a long-term downward channel. That is why it is so important to follow RBA’s comments.
• If the RBA comments are hawkish, the AUD will rise.
• If the RBA comments are dovish, the AUD will fall.
We expect the US-China phase one trade deal to be signed on Wednesday and multiple important indicators for the USD. Plus, it is the first week of the earnings reports
The British yearly CPI will be released at 11:30 MT on January 15
You are still in doubt whether it makes sense to trade stocks? Watch this.
The recent Chinese figures bring optimism
On Thursday, January 16 two central banks: the Reserve bank of South Africa and the Turkish Central Bank will make their interest rate decisions.