Events to Look Out For Next Week
|Important events are coming out this week, with two GDP and three inflation releases. Wednesday is the day when the most important data releases will be out.
Tuesday – 13 November 2018
Average Earnings and Unemployment (UK, GMT 09:30) – UK Earnings are expected to have increased by 3% in September, compared to 2.7% in August, in reflection of the slight improvement in the UK economy. UK unemployment is expected to have remained at 4% in September.
Gross Domestic Product (JPY, GMT 23:30) – Growth in Japan is expected to have decreased by 1% in the third quarter, reflecting weaker than expected household spending.
Wednesday – 14 November 2018
Consumer Price Index (GBP, 09:30) – UK inflation is expected to have increased by 2.5% y/y in October, edging higher than the 2.4% observed in September.
EcoFin Meeting (EUR, Full Post) – European Finance Ministers are to convene on a variety of topics, ranging from Brexit to Italy.
Gross Domestic Product (EUR, GMT 10:00) – Euro Area real GDP for Q3 is expected to come out at 1.7%, the same levels as the previous quarter, reflecting the stability of the European economy.
Consumer Price Index (USD, 13:30) – The US CPI excluding Energy&Food for October is expected to have come out higher than last month, at 2.4%, reflecting the continuous growth of the US economy.
Thursday – 15 November 2018
Employment Data (AUD, GMT 00:30) – Australian labour market data are expected to deteriorate slightly, with the unemployment rate expected to increase to 5.1%, compared to 5% last month and employment to change only slightly.
Retail Sales (USD, GMT 13:30) – In accordance with the positive NFP surprise observed last month, retail sales are also expected to have increased by 0.5%, compared to -0.1% last month.
Friday – 16 November 2018
Consumer Price Index (EUR, GMT 10:00) – Similar to the GDP expectations, the Euro Area CPI is expected to have remained at the same levels as last month, at 2.2% y/y.
Industrial Production and Capacity Utilization (USD, GMT 14:15) – Industrial Production is expected to have increased by 0.2% in October, while Capacity Utilization is expected to have remained at the same levels as October, at 78.1%.
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