Economic Calendar with Volatility

This week's economic calendar has several news releases from each region, with a few news releases that should cause some significant market volatility. The US, European, and Asian news releases for this week are as follows (all times are Greenwich Mean Time, which is 2 hours behind Central European Time, and 4 hours ahead of US Eastern Time) :

US

• Monday : New York Manufacturing Index at 12:30 PM
• Tuesday : Long Term TIC at 1:00 PM, Capacity Utilization and Industrial Production at 1:15 PM, and Housing Market Index 5:00 PM
• Wednesday : Building Permits, Consumer Price Index, and Housing Starts at 12:30 PM, and Beige Book at 6:00 PM
• Thursday : Initial Claims at 12:30 PM, Leading Indicators at 2:00 PM, and Manufacturing Survey at 4:00 PM
• Friday : Central Bank News Conference at 2:00 PM

• The US news that will cause the most volatility are the Consumer Price Index and the Central Bank News Conference, which should both cause a significant market reaction. The remaining US news should cause medium volatility, with the exception of the Housing Market Index, which should only cause a small market reaction.

Europe

• Tuesday : Germany Consumer Price Index at 6:00 AM, Switzerland Retail Sales at 7:15 AM, UK Consumer and Retail Price Indexes at 8:30 AM, EU Consumer Price Index, Germany Economic Sentiment and EU Economic Sentiment at 9:00 AM
• Wednesday : UK Average Earnings, BOE Minutes, and Unemployment Rate at 8:30 AM
• Thursday : Switzerland Trade Balance at 6:15 AM, UK Money Supply, Public Sector Borrowing, and Retail Sales at 8:30 AM, EU Trade Balance at 9:00 AM, and EU ECB News Conference at 9:00 PM
• Friday : Germany Producer Price Index at 6:00 AM, UK Services Index, and Gross Domestic Product at 8:30 AM, and Italy Trade Balance at 9:00 AM

• The only European news that should cause high volatility is the Germany Economic Sentiment. The UK Price Indexes, Money Supply, and Retail Sales, and the EU Consumer Price Index and Economic Sentiment, should cause medium volatility, and the remaining European news should only cause low volatility.

Asia

• Monday : Japan Industrial Production at 4:30 AM
• Tuesday : Japan Tertiary Industry Index at 11:50 PM
• Thursday : Japan Industry Activity Index at 11:50 PM
• Friday : Australia Import Price Index at 1:30 AM, and New Zealand Credit Card Spending at 2:00 AM

• The Asian news that will cause the most volatility is the Japan Tertiary Industry Index which should cause medium volatility, with the remaining Asian news only causing a small market reaction.