This Week's Highlight: Decisions from the BOJ and RBA

WikiFX News (20 July)- In the following week, the Bank of Japan (BOJ) and the Reserve Bank of Australia (RBA) will release the minutes of its latest monetary policy meeting on Monday and Tuesday, respectively, which are noteworthy.

Awaited figures on Tuesday are Japan‘s (CPI) and core CPI for June, and Canada’s retail sales and core retail sales for May.

On Wednesday, the American Petroleum Institute (API) will report weekly inventory levels of crude oil and gasoline changed as of July 17. Other data out on the same day are Canada‘s CPI and core CPI for June, and Federal Housing Finance Agency’s (FHFA) house price index for May. On Thursday, Germany is going to publish its Gfk consumer confidence indicator (CCI) for August while the U.S. will release initial jobless claims and continuing claims for the week ended July 18. In the mean time, CCI for July in the euro area will be confirmed.

Gfk CCI for July in the U.K. will be focused on Friday, together with the initial value of Markit manufacturing PMI for July in France, Germany, Britain, the euro area and the United States. On the same day, the Economic and Financial Affairs Council (ECOFIN) of EU will be eyed for the budget and stimulus package discussed.

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