Economic Calendar: Holidays in US and Canada Thin out Liquidity
Diplomats was far from encouraging and it should deteriorate sentiment rather than improve it.
Economic calendar for today is light with only some second-tier data being scheduled for release during the European trading hours. A point to note is that US traders will be off today to observe Presidents Day. On top of that, traders from Canada will also be off to observe Family Day holiday. As a result, liquidity conditions in the afternoon are expected to be much thinner (changes to trading hours listed below). AUD may see some action this evening and the coming Asian session, thanks to scheduled releases of flash PMI for February and RBA minutes.
9:00 am GMT - Poland, data pack for January.
- Industrial production. Expected: 4.2% YoY. Previous: 1.0% YoY
- Wage growth. Expected: 12.6% YoY. Previous: 10.3% YoY
- Employment. Expected: 1.8% YoY. Previous: 2.2% YoY
Overnight/Asian session
- Monday, 10:00 pm GMT - Australia, flash PMIs for February.
- Tuesday, 0:30 am GMT - RBA minutes
- Tuesday, 0:30 am GMT - Japan, flash manufacturing PMI for February
US holiday - trading hours changes
- No trading - BRAComp, CORN, SOYBEAN, WHEAT, SOYOIL, LEANHOGS, CATTLE, SUGAR, COCOA, COFFEE, COTTON
- Trading until 4:30 pm GMT - VIX
- Trading until 6:00 pm GMT - US30, US100, US500, US2000, USDIDX, TNOTE
- Trading until 7:15 pm GMT - PLATINUM, PALLADIUM
- Trading until 7:30 pm GMT - GOLD, SILVER, GASOLINE, OIL.WTI, NATGAS