WHAT WE ARE WATCHING THIS WEEK MONDAY, JUN 17 Japan index of tertiary industries activity (Apr): -0.7%M decline vs. +0.2%M cons. India RBI monetary policy decision: Pause at 7.25% to allow real rates to turn positive. Bundesbank’s Weidmann speech at Bremen Chamber of Commerce. TUESDAY, JUN 18 ECB Draghi speech at the Bank of Israel conference. UK CPI & RPI inflation (May): Tick up to 2.7%Y and 3.0%Y. Still above-target. Germany ZEW econ sentiment (Jun): Small gain to 40, from 36.4 in May. Turkey CBT monetary policy meeting: Relevant rates unchanged across the board. US CPI (May): Headline up 0.2%M, core up 0.2%M/1.7%Y. Target undershoot continues. US housing starts (May): 922K, 8% rebound from the April plunge. WEDNESDAY, JUN 19 UK MPC minutes (Jun): Another 6-3 vote, more optimistic (though still cautious) tone. US FOMC meeting: Timing of QE tapering? Statement at 2.00pm EST. BB presser.
Posted on: Mon, 17 Jun 2013 03:49:09 +0000
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