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20 Sep 2013
Flash: What to look for the day ahead - Westpac
FXstreet.com (Barcelona) - Below are the most important events to consider this Friday, as explained by Sean Callow, FX Strategist at Westpac.
Key events
"Markets are closed in China, Hong Kong, Korea and Taiwan today for the mid-autumn/ harvest moon holidays."
"The Reserve Bank of India holds its policy meeting today, (decision around 3:30pm Syd/1:30pm Sing) with expectations for no change but interest in the statement."
"Fed speakers dominate the US calendar, with Bullard and Kocherlakota likely to sound dovish, in contrast to George who dissented on the hawkish side this week."
"The US House is set to vote on a government funding bill which strips funding for 'Obamacare' and thus has is set to fail in the Senate, let alone at the White House."
"The German election looms on Sunday, with the latest polls indicating it will be a very close race for Chancellor Merkel to maintain her existing coalition with the Freedom Party. If its vote drops below 5%, it will lose representation, while the anti-euro Alternative for Germany party is also on the cusp of the 5% minimum."
Key events
"Markets are closed in China, Hong Kong, Korea and Taiwan today for the mid-autumn/ harvest moon holidays."
"The Reserve Bank of India holds its policy meeting today, (decision around 3:30pm Syd/1:30pm Sing) with expectations for no change but interest in the statement."
"Fed speakers dominate the US calendar, with Bullard and Kocherlakota likely to sound dovish, in contrast to George who dissented on the hawkish side this week."
"The US House is set to vote on a government funding bill which strips funding for 'Obamacare' and thus has is set to fail in the Senate, let alone at the White House."
"The German election looms on Sunday, with the latest polls indicating it will be a very close race for Chancellor Merkel to maintain her existing coalition with the Freedom Party. If its vote drops below 5%, it will lose representation, while the anti-euro Alternative for Germany party is also on the cusp of the 5% minimum."