Some of this data if you follow it will affect the currency of the country where the stat is from
which affect the dollar and since oil is traded in dollars...
Well you get the idea of why oil trading is so comprehensive
| Economic Calendar 7/17/09 |  |  |
| GMT | Ccy | Events | Actual | Consensus | Previous | Revised |
|---|
| 01:30 | AUD | Import Price Index Q/Q Q2 | | -6.00% | -2.80% | | | 09:00 | EUR | Eurozone Trade Balance (EUR) May | | 0.8B | -0.3B | | | 11:00 | CAD | CPI M/M Jun | | 0.30% | 0.70% | | | 11:00 | CAD | CPI Y/Y Jun | | -0.30% | 0.10% | | | 11:00 | CAD | BoC CPI Core M/M Jun | | 0.00% | 0.40% | | | 11:00 | CAD | BoC CPI Core Y/Y Jun | | 1.90% | 2.00% | | | 12:30 | CAD | Leading Indicators M/M Jun | | -- | -0.10% | | | 12:30 | USD | Housing Starts Jun | | 530K | 532K | | | 12:30 | USD | Building Permits Jun | | 523K | 518K | |
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