Ben Bernanke Testifies: Wednesday, 15:00. Federal Reserve Chairman Ben Bernanke testifies on economy before the House Budget Committee on economic, employment and budgetary issues, in Washington DC where he will talk about the second round of quantitative easing
Australian Employment Data: Thursday, 0:30. Fewer workers were added to the labor force in December less than forecasted. Employment grew by 2,300 workers much below the 25,000 expected.
Britain Rate decision: Thursday, 12:00. The Bank of England has decided to leave interest rates unchanged at 0.5% in line with expectations.
US Unemployment Claims: Thursday, 13:30. The number of Americans filing initial unemployment claims dropped drastically by 42,000 reaching a seasonally adjusted 415,000 new claims. .
US Trade Balance: Friday, 13:30. The U.S. trade balance, which measures the difference between the nation’s imports and exports, narrowed slightly to a $38.3 billion deficit in November, a slight drop from $38.4 billion in October.
American Prelim UoM Consumer Sentiment: Thursday, 14:55. Consumer confidence dipped in early January to 72.7, down from 74.5 at the end of December and last month’s preliminary 74.2.
