Pip Diddy

It’s the third week of the month, and y’all know what that means… It’s time for a fresh set of PMI readings from the eurozone!

Inflation and consumer spending reports are due from the U.K. economy this week, but the flash PMI reports might be the ones to watch out for.

A lack of bigger potential catalysts around the world can put the spotlight on Japan’s economic releases this week.

Australia’s data calendar is pretty busy this week with the RBA, PMI, and labor market reports scheduled for release. What should you watch out for from these events?

Can a lack of fresh market catalyst highlight New Zealand’s fundamentals and boost the Kiwi this week? I’ve got a list of the potential themes that might move the comdoll in the next few days.

USD takes another hit as U.S. economic data was less than impressive & Fed officials re-iterated the party line of maintaining low interest rates.

The British pound was able to stage a late rally and close the week net green on optimism the U.K. will exit lockdown as pandemic cases ebb. 

Economic data was mixed from the Euro area and global risk sentiment moves were mostly subdued, which likely supports why we saw a relatively quiet, mixed week for the euro. 

With virtually no driving catalysts from Canada this week, it’s not unexpected to see the Loonie closed mixed on Friday, driven mainly by counter currency flows and oil prices. 

Kiwi bulls retreated against the majors this week despite positive vibes from the global markets and better-than-expected NZ data.