Currency Note Worldwide

Close eye on Chinese data this week

By Ricky Bean July 13th, 2015

  • A very busy week is expected for China, following the recent stock market slump. Growth and industrial production data are expected to show slight declines against the previous month.
  • Canada is expected to show continued weakness with a drop in core inflation on Friday. This is due to be a negative figure for the first time in six months. Any surprises could impact the Canadian dollar.
  • Following slightly a negative week in terms of data for the Swiss franc, retails sales are expected to show moderate growth. Reports emerged last week that the Swiss National Bank may be buying up Swiss francs to strengthen the currency.

Are you looking to buy or sell currencies? Contact your trader now for live rates, news and currency purchasing strategies.