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  • Welcome to the Investors Trading Academy economic calendar of the week. Each week our news analysts

  • review the upcoming economic events that you should be monitoring during the next week.

  • This week traders should be closely monitoring the situation in Greece as the EU holds a

  • special meeting on Wednesday to discuss the Greek bailout. Eurozone finance ministers

  • will discuss how to proceed with financial support for Athens at a special session next

  • Wednesday ahead of the first summit of EU leaders with New Greek Prime Minister Alexis

  • Tsipras the following day. Ministers said no progress was made at a meeting

  • of senior finance ministry officials in Brussels on Thursday because Greece and its Eurozone

  • partners were so far apart. “It was Greece against all others, basically one versus 18,”

  • one official said. Athens’s partners broadly lined up in support of a hardline German document

  • rejecting any rollback of reforms or commitments made by previous Greek governments.

  • News headlines and speeches this week should keep euro traders on edge. The US dollar rallied

  • on Friday after the better than expected jobs data. On Friday after the release of the NFP

  • comments from Fed members gave indications that the committee might raise interest rates

  • sooner than expected. Conditions are likely to come together that will allow the Federal

  • Reserve to hike short-term interest rates anytime "from June on," said Dennis Lockhart,

  • the president of the Atlanta Fed, on Friday. Comments and speeches this week from Fed members

  • is also likely to keep markets volatile. Otherwise the main focus will be on the Bank

  • of England's Inflation Report for February, which at least a couple of economists have

  • warned might surprise markets with a slightly more hawkish tone than expected.

  • In the US, the most important indicators scheduled for release are Thursday's retail sales report

  • for January, followed by the preliminary reading on US consumer sentiment from the University

  • of Michigan on Friday. Lastly, data on the Eurozone's gross domestic

  • product on Friday is expected to show that the single currency area's economy expanded

  • at a 0.3% quarter-on-quarter clip in the fourth quarter of 2014.

Welcome to the Investors Trading Academy economic calendar of the week. Each week our news analysts

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Economic Calendar of The Week - February 9-13, 2015

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    Daniel posted on 2015/02/09
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