After last week’s deluge of economic data, there is little respite for traders as the Brexit vote looms increasingly large. Sterling shares the stage with commodity currencies as Australia and New Zealand announce interest rates, while the prospect of a rate hike at next week’s Federal Reserve meeting keeps the dollar firmly in view.

The Brexit vote is getting increasingly close and the polls will be as closely watched as any economic data. As we approach the referendum, expect a steady stream of polling data on tap. 

Forex traders will also be looking at central bank activity, as the Reserve Bank of New Zealand and Reserve Bank of Australia make monetary policy decisions this week.

On the macro front Inflation data from China and German factory orders figures will be among the biggest releases this week.

Economic Calendar

(All times are BST)

Monday June 6th

07:00 – German factory orders

Tuesday June 7th

05:30 – Reserve Bank of Australia interest rate decision & monetary policy statement

Wednesday June 8th

00:50 – Japan current account and final Q1 GDP figures

09:30 – UK official manufacturing report

15:30 – US crude oil inventories

22:00 – Reserve Bank of New Zealand interest rate decision & monetary policy statement

Thursday June 9th

02:30 – China inflation data and (tentative) trade balance figures

13:30 – Weekly US unemployment claims data

Friday June 10th

13:30 – Canada employment figures

Added market volatility means increased opportunity but also more risk. To reflect this, ETX Capital may be increasing margin rates on certain markets.