(Note: all times HKT)
Good morning everyone. The emerging markets, Greece, even China takes a back seat to the U.S. this week as the nation reports a whole raft of important economic data while the Kansas City Fed kicks off its annual Jackson Hole Symposium. Japan and the U.K. however will be giving it a run for its money on Friday as the former releases its household spending, inflation, and retail sales figures while the latter reveals its much-awaited second quarter GDP Growth data.
Here’s what else you should look out for:
Monday:
1:00 pm – Singapore July YoY Inflation Rate – Forecast: Unchanged at -0.3%
Tuesday:
3:55 am – Atlanta Fed President Lockhart Speech
2:00 pm – Germany Q2 Final YoY GDP Growth Rate – Forecast: 1.6% from 1.1%
4:00 pm – Germany August IFO Business Climate – Forecast: 107.64 from 108
4:30 pm – Hong Kong July Balance of Trade – Forecast: HK$ -39 billion from HK$ -45 billion
4:30 pm – Hong Kong July YoY Exports
4:30 pm – Hong Kong July YoY Imports
5:30 pm – South Africa Q2 Final YoY GDP Growth Rate – Forecast: 2% from 2.1%
9:00 pm – U.S. June YoY Case Shiller Home Prices Index – Forecast: 5.1% from 4.9%
9:30 pm – Brazil July Current Account
9:45 pm – U.S. August Flash Markit Services PMI – Forecast: 56.14 from 55.7
10:00 pm – Reserve Bank of Australia Governor Stevens Speech
10:00 pm –U.S. August Richmond Fed Manufacturing Index – Forecast: 10.56 from 13
10:00 pm – U.S. July New Home Sales – Forecast: 521,000 from 482,000
10:00 pm – U.S. August CB Consumer Confidence
Wednesday:
12:40 am – Bank of Canada Deputy Governor Schembri Speech
6:45 am – New Zealand July Balance of Trade- Forecast: NZ$ -396 million from NZ$ -60 million
6:45 am – New Zealand July Imports
6:45 am – New Zealand July Exports
1:00 pm – Singapore July YoY Industrial Production – Forecast: -3.24% from -4.4
8:30 pm – U.S. July MoM Durable Goods Orders – Forecast: -0.45% from 3.4%
8:30 pm – U.S. July MoM Durable Goods Orders ex-Transport – Forecast: 0.1% from 0.8%
10:00 pm – New York Fed President Dudley Speech
Thursday:
12:00 am – France July Unemployment Claims – Forecast: 13,000 from 1,300
9:30 am – Australia Q2 QoQ Private Capital Expenditure
12:00 – Jackson Hole Symposium
2:45 pm – France August Business Confidence
3:00 pm – Spain Q2 Final GDP Growth Rate – Forecast: 3.1% from 2.7%
8:30 pm – U.S. Q2 Preliminary QoQ Corporate Profits – Forecast: 1.6% from -8.8%
8:30 pm – U.S. Weekly Initial Jobless Claims – Forecast: 280,000 from 277,000
8:30 pm – U.S. Q2 Estimated QoQ GDP Growth Rate – Forecast: 2.3% from 0.6%
8:30 pm – U.S. Q2 Estimated QoQ PCE Prices
8:30 pm – U.S. Q2 Estimated QoQ Core PCE Prices
10:00 pm – U.S. July YoY Pending Home Sales – Forecast: 9.42% from 8.2%
11:00 pm – Kansas Fed August Manufacturing Activity
Friday:
7:05 am – U.K. August Gfk Consumer Confidence – Forecast: 3 from 4
7:30 am – Japan July YoY Household Spending – Forecast: 1.06% from -2%
7:30 am – Japan July MoM Househeld Spending
7:30 am – Tokyo August CPI
7:30 am – Tokyo August Core CPI
7:30 am – Japan July Unemployment Rate – Forecast: Unchanged at 3.4%
7:30 am – Japan July YoY Inflation Rate – Forecast: unchanged at 0.4%
7:30 am – Japan July YoY Core Inflation Rate – Forecast: -0.1% from 0.1%
7:30 am – Japan July YoY Retail Sales – Forecast: 1% from 0.9%
12:00 pm – Jackson Hole Symposium
1:45 pm – Switzerland Q2 YoY GDP Growth Rate – Forecast: 0.7% from 1.1%
4:30 pm – U.K. Q2 Estimated YoY GDP Growth Rate – Forecast: 2.6% from 2.9%
4:30 pm – U.K. Q2 YoY Business Investment
8:00 pm – Germany August Preliminary YoY Inflation Rate – Forecast: 0.1% from 0.2%
10:00 pm – U.S. August Final Michigan Consumer Sentiment – Forecast: 92.9 from 93.1
Photo: Brian Tuchalski