Analysts at Rabobank lists down the key economic releases and events for the markets for the week ahead.
Key Quotes
“Today is a Japanese holiday but saw China’s FX reserves data, which had the usual frozen-in-aspic-but-don’t-ask-how aspect of staying over USD31. Trillion (which is too low as the economy continues to grow, or claims to, but hey ho).”
“We will get Carry On Brexit carrying-on as the press reports PM May is ruling out Labour’s compromise of a Customs Union ahead of Q4 UK GDP (seen 0.3%) and trade/industrial production data. The Eurogroup will be meeting to plot their own response. And at some point from today China will release aggregate financing and money-supply data too. We might get US labour costs and Canadian trade data, but the timing is again variable.”
“Tuesday we see Aussie home loans data and NAB business confidence and Japanese machine tool orders. In the US we get NFIB small business confidence and the Fed’s Powell speaks, as do the Fed’s George and Mester.”
“Wednesday it’s the RBNZ rate decision and monetary policy statement, UK CPI and PPI, Eurozone industrial production, and US CPI.”
“Thursday it’s Japanese Q4 GDP, Chinese trade data, German and Eurozone Q4 GDP, US retail sales and PPI.”
“Friday it’s Chinese CPI and PPI, Japanese industrial production, UK retail sales, and US industrial production and Michigan consumer confidence.”
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