Friday, 4 August 2017

Weekly Outlook: Aug 07 - Aug 11

Posted by Valentine at 10:30 Labels:

Monday

Europe: the week begins in Germany, with industrial production figures for June ready to hit the market as early as 06:00 GMT. Market analysts forecasted a 0.3 percent growth. In the United Kingdom, the Halifax House Price Index for July will be available at 07:30 GMT.

Asia: Japan’s adjusted current account and current account n.s.a for June are due at 23:50 GMT.

Tuesday

Asia: early birds will count on the latest exports and imports figures from China, as well as trade balance for July. Analysts are predicting a surplus increase to $46.08 billion.

Europe: German trade balance for June will be out as of 06:00 GMT.

United States: traders will keep an eye on JOLTs job openings for June, as the employment remains highly important to define expectations for a third rate hike later in the year.

Wednesday

Asia: consumer price index and producer price index from China are set for publishing at 01:30 GMT, with a 0.2, 1.5 and 5.5 percent build seen respectively.

United States: second-quarter nonfarm productivity and unit labor costs are scheduled at 12:30 GMT. The US Energy Information Administration will release a new stockpiles report on crude and refined products as of 14:30 GMT.

Thursday

Asia: the Nippon Tertiary Industry Activity Index is set for release as of 04:30 GMT. China will also be presenting new loans figures in early hours.

Europe: the United Kingdom will take the lead on the data front, with industrial and manufacturing production for June scheduled at 08:30 GMT, along with trade balance figures.

United States: a fresh reading on the producer price index will be out at 12:30 GMT, with a 0.1 percent build forecasted for July. The Federal Budget Balance is up at 18:00 GMT and it’s expected to show a reduction to a $35 billion deficit from a prior month $90 billion.

Friday

Europe: German consumer price index is set for publishing at 06:00 GMT. Market players will keep an eye on this report as it could send a direct signal to the European Central Bank to move forward with monetary policy tightening.

United States: consumer price index is due at 12:30 GMT, with a 0.1 percent month over month seen for July. The core CPI is expected to show a 0.2 percent increase.

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