Economic Data to Watch for Next week: October 7 – 11 Monday, October 7 Markets in Australia are to remain closed for a national holiday. The Swiss National Bank is to release data on its foreign currency reserves. This data provides investors with an insight into the bank’s currency market operations. Later Monday, Canada is to publish government data on building permits, a leading indicator of future construction activity. Tuesday, October 8 New Zealand is to release private sector data on business confidence, a leading indicator of economic health, while Australia is to publish a report on job advertisements. Switzerland is to produce official data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity, as well as a separate report on consumer price inflation. Later Tuesday, SNB Chairman Thomas Jordan is to speak, his comments will be closely watched. The U.K. is to release private sector data on retail sales. In the euro zone, Germany is to release data on the trade balance and factory orders. Canada is to release data on the trade balance, the difference in value between imports and exports. Wednesday, October 9 Australia is to publish a report on consumer sentiment, a leading indicator of consumer spending, as well as data on business confidence. The BoJ is to release monetary policy meeting minutes, which provide insights into economic conditions from the bank’s perspective. Japan is also to produce data on preliminary machine tool orders. The U.K. is to release official data on manufacturing and industrial production, as well as data on the trade balance. In the euro zone, Germany is to produce official data on industrial production, a leading indicator of economic health. Thursday, October 10 New Zealand is to release private sector data on manufacturing activity. Japan is to release data on core machinery orders, a leading indicator of production, in addition to a report on tertiary activity. Australia is to produce official data on the change in the number of people unemployed and the unemployment rate. The ECB is to publish its monthly bulletin, which outlines the bank’s economic outlook. The BoE is to announce its benchmark interest rate. Friday, October 11 In the euro zone, Italy is to hold an auction of 10-year government bonds. Canada is to round up the week with data on the change in the number of people employed and the unemployment rate.
Posted on: Sun, 06 Oct 2013 12:13:43 +0000
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