Currencies
Early UK Data):
Retail Sales m/m (GBP): A reading of 0.4% versus a previous –0.3% could spark volatility in sterling.
Public Sector Net Borrowing (GBP): Data at –20.1B (against 17.8B previously) is set to add further insight into fiscal conditions.
Eurozone Manufacturing & Services:
Multiple “Flash” PMI figures from France and Germany (both manufacturing and services) are scheduled. These high-impact indicators are key for gauging economic momentum in the Eurozone and will likely affect EUR-related pairs.
Euro Economic Outlook:
The EU Economic Forecasts release will offer a broader picture of future economic performance in the region, potentially influencing currency moves.
Canadian Data (9:45 am ET):
Two releases are due—the Core Retail Sales and the broader Retail Sales—both important for the CAD and its trading against other major currencies.
U.S. Indicators:
The U.S. will report its Flash Manufacturing and Flash Services PMIs along with Existing Home Sales, Revised UoM Consumer Sentiment, and Inflation Expectations. These figures are closely watched and can lead to significant moves in USD pairs.
Equities
While News releases primarily focus on macroeconomic data, several of today’s releases also influence equity markets:
Consumer Sentiment & Home Sales:
U.S. Existing Home Sales and Revised Consumer Sentiment figures can sway market mood and thus impact stocks—especially those sensitive to consumer spending and housing.
PMI Figures:
The robust (or weak) performance indicated by the Eurozone and U.S. manufacturing and services PMIs often feeds into investor expectations for corporate earnings and overall economic growth, affecting equity valuations.
Commodities
There aren’t any dedicated commodity-specific high impact releases listed for today on Forex Factory. However:
Indirect Impacts:
Key economic data (such as PMI and central bank speeches) often influence commodity prices indirectly through their effect on currency strength and overall economic outlook.
Traders in commodities (e.g. oil, metals) should keep an eye on these broader economic indicators as they can set the tone for risk sentiment and, in turn, commodity markets.
Summary
Currencies: Expect notable moves as the day kicks off with critical UK data, a slew of Eurozone manufacturing/service PMIs, followed by Canadian and U.S. retail and manufacturing data, and capped off by important central bank speeches.
Equities: Although no equities‐specific news is on today’s Forex Factory list, the U.S. sentiment and housing data—as well as the PMIs—can influence stock market trends.
Commodities: No standalone commodity releases are scheduled, but the macro data and central bank remarks may indirectly affect commodity prices through shifts in risk sentiment and currency values.