Sunday, 10 July 2011

Forex - Schedule for Week of July 10th

(ForexTV.com)- Several key reports will be released this week: U.S. Trade, Retail Sales, Industrial Production, and the Consumer Price Index (CPI). In addition, Fed Chairman Ben Bernanke will present his semiannual Monetary Policy Report to Congress.

Retail sales were probably weak in June due to lower auto sales and lower gasoline prices - and many people will focus on retail sales excluding autos and gasoline. Also the Empire State manufacturing survey for July might show a return to expansion.

The Consumer Price Index (CPI) and the Producer Price Index (PPI) will probably show less inflation in June since energy prices declined last month. Read more here…

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