US PPI & Beige Book Wednesday [Video]
|Euro Zone Industrial Production for July opens this agenda at 9 o’clock in the morning. Production declined by point 7% in June after jumping by 1.4% in May. US Producer Price Index for August then follows at a half past noon GMT. Overall prices were unchanged in July, but the core measure edged up by one tenth of a percent. US Federal Reserve Beige book for September will be available at 6 PM. New Zealand Food Price Index for August continues the data run at a quarter to 11 PM. Prices gained point 7% in July, building on June’s gain of a half a percent. UK RICS Residential Market Survey for August is published shortly after 11 PM. Survey balance edged slightly further into the positive territory in July as it gained 1% to plus 4%. Japanese Core Machinery Orders for July will then be available at ten to midnight. Orders tumbled by 8.8% in June and this was the second consecutive monthly decline. Australian Inflationary Expectations Survey for September is up next at 1 AM and it’s followed by the high importance publication of the Australian Labour Force Survey statistics for August at 1:30. Employment shrank by almost 4 thousand in July, but jobless rate edged lower to 5.3%.
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