Good morning everyone. Even after posting their GDP growth data as well as their inflation rate figures, the U.S. is set to remain in the spotlight this week as the nation’s jobs report – one of the Federal Reserve’s key rate hike indicators – comes up this Friday. Also of note this week would be Mario Draghi’s presser following the ECB’s interest rate decision. With calls for more easing growing louder and louder, investors worldwide will surely listen in to what he has to say. Friday’s G20 meeting meanwhile should also be of interest as finance ministers and central bank bosses gather together in Turkey.
Here’s what else you should look out for:
Monday:
7:50 am – Japan July Preliminary YoY Industrial Production – Forecast: 2.15% from 2.3%
9:30 am – Australia July YoY Private Sector Credit Growth
2:00 pm – Germany July YoY Retail Sales – Forecast: 1.3% from 5.1%
5:00 pm – Italy August Preliminary YoY Inflation Rate – Forecast: 0.1% from 0.2%
9:45 pm – U.S. August Chicago PMI – Forecast: 54.3 from 54.7
Tuesday:
7:30 am – Australia August AIG Manufacturing Index
7:50 am – Japan Q2 YoY Capital Spending
9:00 am – China August NBS Manufacturing PMI – Forecast: unchanged at 50
9:35 am – Japan August Final Nikkei Manufacturing PMI – Forecast: 51.9 from 51.2
9:45 am – China August Final Caixin Manufacturing PMI – Forecast: 47.1 from 47.8
12:30 pm – Reserve Bank of Australia Interest Rate Decision – Forecast: unchanged at 2%
3:55 pm – Germany August Unemployment Rate – Forecast: unchanged at 6.4%
3:55 pm – Germany August Final Markit Manufacturing PMI – Forecast: 53.2 from 51.8
5:00 pm – EU July Unemployment Rate – Forecast: unchanged at 11.1%
5:00 pm – Italy Q2 Final GDP Growth Rate – Forecast: 0.5% from 0.1%
8:30 pm – Canada June MoM GDP Growth
8:30 pm – Canada Q2 QoQ GDP Growth Rate – Forecast: 0.1% from -0.1%
8:30 pm – Canada Q2 Annualized GDP Growth Rate – Forecast: -0.1% from -0.6%
9:45 pm – U.S. August Final Markit Manufacturing PMI – Forecast: 52.9 from 53.8
10:00 pm – U.S. August ISM Manufacturing PMI – Forecast: 51.5 from 52.7
Wednesday:
1:10 am – Boston Fed President Eric Rosengren Speech
9:30 am – Australia Q2 QoQ GDP Growth Rate – Forecast: 0.5% from 0.9%
9:30 am – Australia Q2 YoY GDP Growth Rate – Forecast: 2.2% from 2.3%
8:15 pm – U.S. August ADP Employment Change – Forecast: 201,000 from 185,000
10:00 pm – U.S. July MoM Factory Orders – Forecast: 0.5% from 1.8%
Thursday:
5:00 am – Brazil Interest Rate Decision – Forecast: unchanged at 14.25%
9:30 am – Australia July MoM Retail Sales – Forecast: 0.2% from 0.7%
9:30 am – Australia July Balance of Trade
9:30 am – Bank of Japan Policy Board Member Takahide Kiuchi Speech
5:00 pm – EU July YoY Retail Sales – Forecast: 2.25% from 1.2%
7:45 pm – ECB Interest Rate Decision – Forecast: unchanged at 0.05%
8:30 pm – Canada July Balance of Trade
8:30 pm – ECB Press Conference
8:30 pm – U.S. July Balance of Trade
10:00 pm – U.S. August ISM Non-Manufacturing PMI – Forecast: 59.4 from 60.3
Friday:
9:00 am – Minneapolis Fed President Narayana Kocherlakota Speech
2:00 pm – Germany July MoM Factory Orders – Forecast: -0.5% from 2%
5:00 pm – EU Q2 Estimated YoY GDP Growth Rate – Forecast: 1.2% from 1%
8:10 pm – Richmond Fed President Jeffrey Lacker Speech
8:30 pm – Canada August Unemployment Rate – Forecast: unchanged at 6.8%
8:30 pm – U.S. August Unemployment Rate – Forecast: 5.2% from 5.3%
8:30 pm – U.S. August Non-Farm Payrolls – Forecast: 216,000 from 215,000
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