Market movers for the week ahead – Rabobank

Michael Every, Senior Asia-Pacific Strategist at Rabobank lists down the most important market moving events and economic releases for the week ahead, which are likely to have significant impact on investors’ appetite globally.

Key Quotes

“Today we already saw that even with the current upturn, the BOJ sees no sign of when they can exit QQE and its YCC policies. Perhaps never, the BIS seem to be saying…we also get to hear from the Fed’s Williams later in Sydney. Data-wise, it’s the German IFO survey, expected to be absolutely wűnderbar, and then US durable goods, which are expected to be far more run of the mill.”

“Over the course of the next three days we also have the ECB Forum running in Sintra, where lots of central bankers will pop up to try to tell the BIS that they are completely wrong. (As one would fully expect to be the case.)”

“Apart from that, tomorrow we get NZ trade data, Chinese Premier Li Keqiang speaks, so does Williams again, the BOE has its financial stability report, and then it’s US consumer confidence ahead of Harker, Yellen, and Kashkari – so lots of central bankers that day again.”

“Wednesday has Williams again (he has to cover the cost of a business-class flight to Oz, after all), Eurozone M3, and US wholesale inventories; Thursday sees German CPI and Us Q1 GDP, then Bullard speaking on monetary policy; and Friday has a flood of key Japanese data (CPI, unemployment, industrial production), ahead of German unemployment, Eurozone June CPI, and US personal income/spending and the Chicago PMI.”