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Forex pairs in this Article » EUR/USD (Guatemala) - There are three important data releases coming up which strategists at TD Securities have identified and explain.

Key Quotes:

“US Nonfarm Payrolls (Fri 10 Jan): This week’s solid ADP report helped to support expectations for another good payrolls report for December. Consensus has just about edged back up toward 200K over the last couple of days, and we are sitting slightly above consensus”.

“US Retail Sales (Tues 14 Jan): The December retail report is always watched especially closely, given retailers’ dependence on Christmas sales. Auto sales appeared to have been disappointing during the month, so early consensus has total retail sales only barely edging higher at +0.1% M/M, but underlying spending should be stronger”.

“Chinese Trade Data (Fri 10 Jan): The December data will be the last clean set of numbers before the Chinese New Year distortions through Jan-Feb. Markets are looking for Y/Y export growth to halve, based largely on base effects, while import growth is expected to remain little changed around 5% Y/Y”.
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