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  • FX: Week Ahead 11-05-07

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FX: Week Ahead 11-05-07

FX: Week Ahead 11-05-07

The week ahead in the FX Markets with Jamie Coleman from Thomson Financial Transcript: This is FX Hub's Look at the week ahead, I'm Jamie Coleman With the latest Fed cut out of the way, the market turns its attention toward Australia and Europe this week. The Reserve Bank of Australia meets November 6th, and is expected to deliver a 25 bp hike to six and three-quarters. Both the Bank of England and the ECB are expected to hold rates steady despite ongoing pressures in the structured finance sector. Both central banks retain inflation concerns. UK industrial production and service sector PMI are set for release on Monday with the US release non-manufacturing ISM later in the day. Continental Europe reports service sector purchasing managers indexes on Tuesday while retail sales are set for release from the Euro zone. Canada's Ivey PMI index is out later on Tuesday. Wednesday looks pretty quiet with German industrial production, the highlight. Action picks up Thursday with Employment reports in Australian and Switzerland as well as jobless claims in the US. Halifax house price data is out in the UK and Canadian housing starts and the new home price index are due to hit the wires. Friday sees trade reports from the UK, Europe, Canada and the US. Michigan consumer sentiment rounds out the week. That's our look at the events of the week ahead. Join us next time.

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Tags:. .managers. .canadas. .picks. .price. .highlight

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