30 Aug 2013
Flash: Central Banks return – UBS
FXstreet.com (Córdoba) - Geoffrey Yu and Gustavo Arteta Strategists at UBS commented on next week’s economic events.
Key Quotes
“The RBA, BoC, Riksbank, BoE, BoJ and the ECB all meet in the week. All central banks are expected to keep policy unchanged”.
“With the key September FOMC decision looming any major initiatives beforehand may prove more limited in efficacy”.
“As such, the key August payrolls print due on Friday will be the key economic release of the week as this will have a direct bearing on the Fed’s decision”.
“Elsewhere, Europe’s Aug PMIs are due while we don’t expect major revisions to GDP figures. Swiss and Australian growth figures are also due, while Canadian payrolls are out”.
Key Quotes
“The RBA, BoC, Riksbank, BoE, BoJ and the ECB all meet in the week. All central banks are expected to keep policy unchanged”.
“With the key September FOMC decision looming any major initiatives beforehand may prove more limited in efficacy”.
“As such, the key August payrolls print due on Friday will be the key economic release of the week as this will have a direct bearing on the Fed’s decision”.
“Elsewhere, Europe’s Aug PMIs are due while we don’t expect major revisions to GDP figures. Swiss and Australian growth figures are also due, while Canadian payrolls are out”.