The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.
Britain’s May seeks to relieve Brexit fears at new business council
Britain’s Prime Minister Theresa May is going to chair a discussion on Brexit as well as the national economy at the first gathering of a new business council scheduled on Thursday, in an attempt to rebuild bridges with companies concerned over the UK’s departure from the EU.
Having lost the governing Conservatives' parliamentary majority at an ill-judged election the previous month, Theresa May has stepped up engaging with business after some companies criticized her government for inability to address their concerns over Brexit.
A great number of companies have urged the authority to push the EU to agree a lengthy and clear transitional arrangement after the United Kingdom leaves the European bloc in 2019 to assist them in making investment decisions.
The gathering points to a shift for May, whose ex-aides had intended to break what they actually felt was an overly cozy relationship between big business and the government before her was reduced due to the June election.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
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The RBA and the Bank of Canada will add volatility to the AUD and the CAD, while USD is expected to be boosted by the Non-farm payrolls.