Future weekly look on the markets from 18 to 22 of February

Is it the time to invest in gold or not?

The yen fell against the dollar and the euro on Friday, after three days of gains, after the statement of the Group of 20 countries which reaped criticism of Japan. Recently because of the weakness of its currency -.
Pledged members in the Group of Twenty nations. “Refrain from competitive devaluation”, and said that the risks to the global economy has declined, but growth is still very weak and unemployment is very high.

The yen rose against the dollar and the euro earlier after the Group of Seven countries showed concern of the growing rise in the value of the yen.

Investors  expected  that the Bank of Japan Governor Masaaki Chiracawabad announced earlier this month that he intends. Step down on March 19, three weeks earlier than had been expected.

On Thursday, the Bank of Japan kept its monetary policy unchanged, a decision was expected on a large scale.

Separately, official data showed that mean Japan. Shrank by 0.1% in the fourth quarter, compared with expectations for a slight increase of 0.1%.

USD / JPY hit the highest price since 93.84 on Friday, before settling at 93.50, 0.67% higher price for the day and the lowest price for Aspa at 0.74% EUR / JPY higher price when .25,28 and settled at 124.93, up by 0.68%, the highest price for the day and shedding 1.04% lowest price for the week.
To
The euro remained under pressure against the dollar on Friday, a day after official data showed that GDP in the euro zone. Shrank by 0.6% in the three months to December, compared with expectations for a decline of 0.4%.

The fastest rate of decline since 2009 and represents the third consecutive quarter of contraction.

German economic downturn largest economy in the euro zone rose. 0.6% in the fourth quarter in more than expected to decline 0.5% decline in exports and investment.

EUR / USD hit session low of 1.3307 before settling at 1.3362 at the close of trade, to fall by 0.01% on the day and the lowest rate at 0.30% for the week.

Elsewhere, the pound fell to its lowest rate against the dollar in six and a half months on Friday after official data showed that retail sales in the UK fell by 0.6% in January as a result of heavy snow and confounding expectations for an increase of 0.4%.

The data came after the Bank of England cut its forecast for growth in today’s report Wednesday and AOS, and said the quarterly inflation inflation will remain higher than the target until 2016 early.
GBP / USD to reach its lowest price at. 1.5461 on Friday, the pair’s lowest since July 25, before settling again when .1.5516 0.16%, the highest price for the day but down 0.90% for the week.

This week investors awaited Wednesday, the results of the minutes of the meeting. The federal Reserve j while Reserve Bank of Australia will and the Bank of England publish the minutes of their last meeting of the policy on Tuesday and Wednesday respectively.

At the same time, euro will publish a report on manufacturing activity as Germany, is to publish Ifo business climate index.

Monday, February 18

Australia will publish official data on new car sales, a leading indicator of investor confidence.

Zoned euro will publish official data on the current account.

The UK is to publish industry data on house price inflation.
Markets remain closed in the United States because of President’s Day. Tuesday 19 February
Tuesday:

The Bank of Japan will publish the minutes of monetary policy meeting, which contains important information about the economic situation from the point of view of the bank.

Elsewhere, the Reserve Bank of Australia will watch in Monetary Policy Meeting Minutes.

In the euro zone, the ZEW Institute will publish a report on its index of German economic sentiment, a leading indicator of economic health.

Canada is to publish official data on wholesale sales, a leading indicator of consumer spending, as well as data on foreign securities purchases.

Later the same day, the New Zealand is to publish official data on producer price inflation, a leading indicator of consumer inflation.

Wednesday, February 20

Japan is to publish official data on the trade balance, the difference between the value of imports and exports.

Australia will publish official data on wage price index, as well as two of the indexes of leading economic indicators.

Elsewhere, the governor will Reserve Bank of New Zealand Graeme announce His comments will be monitored closely for any signs the direction of the future possible for monetary policy.

In the euro zone, Germany will publish official data on producer price inflation, while will both Germany and France to hold auctions of government bonds for 10 years.

The UK is to publish official data on the change in the number of people who claim unemployment and the unemployment rate. At the same time, the Bank of England will publish the minutes of monetary policy meeting.

Elsewhere in Europe, Switzerland is to publish a report on the economic outlook for the ZEW.

Later in the day, the U.S. will publish official data on building permits, a strong indicator of future construction activity, as well as data on housing. As the United States will also publish official data on producer prices, while the Federal Reserve will publish the minutes of recent policy meeting.

Thursday, February 21

Switzerland is to publish official data on the trade balance, the difference between the value of imports and exports.

The euro zone is to publish preliminary data on activity in the manufacturing sector and services, while Germany and France will also publish individual reports. It will also, of Spain, holding an auction of government bonds 10 years.

The UK is to publish official data on public sector net borrowing as well as a report on industrial order expectations.

The United States will publish official data on consumer price inflation, as well as the weekly government report on initial jobless claims. As the United States will also publish industry data on existing home sales, and a report on manufacturing activity in the Philadelphia and official data on crude oil stockpiles.

Friday, February 22

Will Australia’s central bank governor Glenn Stevens testimony before a parliamentary committee on monetary policy in Canberra, and we will monitor his remarks closely for any signs about the future direction of monetary policy.