NexAsia Week Ahead: US jobs report; Bank of England rates coming up

    bank of england pound

    Good noon everyone. The U.S. jobs report and a whole slew of central bank decisions are set to hog the spotlight next week while 90 S&P 500 companies report earnings in the background. The Bank of England’s announcement seems to be the most anticipated though, as traders continue to hunt for clues on an early rate hike. The BOE will also be releasing their minutes, quantitative easing, and inflation report together with their policy decision.

    Here’s what else you should look out for:

    Monday:

    9:35 am – Japan July Final Nikkei Manufacturing PMI – forecast: up 1.3 from 50.1

    9:45 am – China July Final Caixin General Manufacturing PMI – forecast: down 1.2 from 49.4

    3:30 pm – Switzerland July SVME Manufacturing PMI – forecast: up 0.28 from 50

    9:45 pm – U.S. July Final Markit Manufacturing PMI – forecast: up 0.2 from 53.6

    10:00 pm – U.S. July ISM Manufacturing PMI – forecast: up 0.5 from 53.5

    10:50 pm – Federal Reserve Governor Powell Speech

    Tuesday:

    9:30 am – Australia June Balance of Trade

    9:30 am – Australia June MoM Retail Sales – forecast: up 0.05% from 0.3%

    12:30 pm – Reserve Bank of Australia Rates Decision – forecast: unchanged

    10:00 pm – U.S. June MoM Factory Orders – forecast: up 2.1% from -1%

    Wednesday

    6:45 am – New Zealand Q2 Unemployment Rate – forecast: up 0.2% from 5.8%

    9:45 am – China July Caixin General Services PMI – forecast: down 0.54 from 51.8

    3:00 pm – ECB Meeting

    8:15 pm – U.S. July Adp Unemployment Change – forecast: 214,000 from 237,000

    8:30 pm – Canada June Balance of Trade

    8:30 pm – U.S. June Balance of Trade

    10:00 pm – U.S. July ISM Non-Manufacturing PMI – forecast: up 1.29 from 56

    Thursday

    9:30 am – Australia July Unemployment Rate – forecast: up 0.1% from 6%

    9:30 am – Australia July Unemployment Change – forecast: 15,000 from 7,300

    9:30 am – Australia July Full-Time Employment – forecast: 12,800 from 24,500

    4:30 pm – U.K. June MoM Industrial Production – forecast: down 0.29% from 0.4%

    4:30 pm – U.K. June YoY Manufacturing Production – forecast: down 0.41% from 1%

    7:00 pm – Bank of England Minutes

    7:00 pm – Bank of England Interest Rate Decision – forecast: unchanged

    7:00 pm – Bank of England Inflation Report

    7:00 pm – Bank of England Quantitative Easing

    8:30 pm – U.S. August Initial Jobless Claims – forecast: 284,000 from 267,000

    Friday:

    8:00 am – Bank of Japan Governor Haruhiko Kuroda Speech

    9:30 am – Australia June MoM Home Loans

    10:00 am – Bank of Japan Interest Rate Decision – forecast: unchanged

    8:30 pm – Canada July Unemployment Rate – forecast: unchanged

    8:30 pm – Canada July Unemployment Change – forecast: 21,200 from -6,400

    8:30 pm – U.S. July Non-Farm Payrolls – forecast: 215,700 from 223,000

    8:30 pm – U.S. July Unemployment Rate – forecast: unchanged

    Saturday:

    10:00 am – China July MoM Inflation Rate – forecast: up 0.1% from 0%

    10:00 am – China July YoY Inflation Rate – forecast: unchanged at 1.4%

    10:00 am – China July YoY Exports

    10:00 am – China July YoY Imports

    Photo: nataliej