What to Expect This Week

This week, in the United States, we expect payrolls to decline sharply due to severe weather conditions. Also, the Institute for Supply Management (ISM) Manufacturing Activity index is likely to be negatively affected by the heavy snow that fell in February.
TradingEconomics.com 2/27/2010 3:10:38 PM

In the Euro Area, the Greek struggle to implement new austerity measures and the European Central Bank decision on a exit strategy from non-standard policy measures should take the center stage. In addition, unemployment rate is likely to inch higher as the job market in most European countries is still weak. In Japan, the jobless rate may also rise in January. In the United Kingdom, the Bank of England will probably keep the interest rate and asset purchase target unchanged. In addition, Services Purchasing Managers Index (PMI) should show some increase while Manufacturing PMI may slip. In Canada, the economy is likely to expand in December but the central bank will probably keep its monetary policy unchanged. In Australia, the RBA will also keep the benchmark  rate on hold. Finally, in China we expect Manufacturing PMI to come lower than expected due to the Lunar New Year holidays.




News

What to Expect This Week
This week, in the United States, a report is likely to show that consumer confidence dropped in July on worries the ongoing economic recovery is slowing down. Yet, the second quarter GDP may still rise modestly supported by government spending and a rise in corporate investments.
Published on 2010-07-26

What to Expect this Week
This week, Ben Bernanke, the Federal Reserve Chairman, will deliver his Semi Annual Monetary Policy Report to the House of Representatives. In the data releases front, housing data will be in focus. Existing home sales probably declined further in June as the home buyer tax credit expired. Building permits and housing starts are also likely to stay depressed  since the overall economy has not performing very well during recent months.
Published on 2010-07-18

What to Expect this Week
This week, in the United States, the earnings season starts. It is expected that several large corporations will report strong profits for the second quarter of 2010 as record-low interest rates continue to help the economy. Moreover, inflation may rise slightly. However, retail sales are likely to drop in June as consumers spending deteriorated due to uncertain economic conditions.
Published on 2010-07-11

What to Expect this Week
This week, in the United States, the Institute for Supply Management (ISM) nonmanufacturing index probably went down in June as construction activity deteriorated. In addition, initial jobless claims may drop slightly following the previous week’s unexpected jump.
Published on 2010-07-05

What to Expect this Week
This week, in the United States, labor data will be in focus. The unemployment rate may drop slightly. However, non-farm payrolls are expected to decrease by at least 100K as temporary census jobs disappeared in June. Still, consumer confidence is likely to have improved in June supported by a drop in gasoline prices.
Published on 2010-06-27

What to Expect this Week
This week, in the United States, the Federal Reserve Open Market Committee meets but we don't expect any changes in the current monetary policy due to renewed global growth risks. In terms of data releases, new home sales probably fell in May as the housing tax credit expired.
Published on 2010-06-19

What to Expect this Week
This week, in the United States, we are looking for another drop in inflation caused by decline in gasoline prices. Also, May industrial production likely to go up as manufacturing payrolls increased and average workweek extended. In addition, housing starters and building permits data should give better overview what's going on in the housing sector.
Published on 2010-06-13

What to Expect this Week
This week, in the United States, we expect Chairman Ben Bernanke to reaffirm the Federal Reserve policy to keep the benchmark interest rate unchanged since the labor market is still weak as show by last's week payrolls data. Still, retail sales are likely to show some gains in May due to an improvement in consumer's confidence. Also, the trade deficit may widen in April with imports rising and exports unchanged.
Published on 2010-06-06

What to Expect This Week
This week, in the United States, non-farm payrolls are expected to jump 150K as the government continued to hire Census workers and private employment picked up in May. We also expect the jobless rate to edge lower. In addition, the Institute for Supply Management (ISM) Manufacturing Activity index is likely to remain solid as production and new orders have risen recently.
Published on 2010-05-29

What to Expect This Week
This week, in the United States, GDP growth for the first quarter should be revised slightly up due to a rise in exports. Also, housing market may show some signs of improvement as new and existing home sales growth may pick up in April boosted by the ending tax credit. In addition, durable goods orders are expected to surge in April due to an increase in aircraft orders.
Published on 2010-05-23

What to Expect This Week
This week, in the United States, inflation probably remained stable in April as lower energy prices made up for increases in other components. Also, housing starts and building permits should pick up as weather improved and sales at building supply stores increased
Published on 2010-05-16

What to Expect This Week
This week, in the United States, retail sales is likely to drop slightly in April due to a decline in car sales. Also, the trade deficit may widen in March as higher oil prices prompted growth in imports. In addition, industrial production probably edged higher in April as manufacturing payrolls rose.
Published on 2010-05-09

What to Expect This Week
This week, in the United States, labor data will be in focus. It is likely that payrolls will post a sizable gain for April and unemployment rate drop to 9.6% boosted by hiring for the 2010 census but also by private services. Also, we are looking for another gain in the Institute for Supply Management (ISM) Manufacturing Survey as new orders and production picked up recently. In addition, personal income and consumption may increase.
Published on 2010-05-01

What to Expect This Week
This week, in the United States, the Federal Reserve meets but we don't expect any changes in current monetary policy. Also, after a significant inventory rebuilding spike in last three months of 2009, GDP for first quarter should show a moderate growth. In addition, consumer confidence is likely to go slightly up as there are signs that economy is getting better.
Published on 2010-04-25

What to Expect This Week
This week, in the United States, the housing market will be once again in focus. Existing home sales may have picked up in March. Yet, new home sales, which haven’t been supported by tax credit, are likely to stay depressed. Moreover, durable goods orders probably little changed in March as aircraft and cars sales dropped.
Published on 2010-04-17

What to Expect This Week
This week, in the United States, retail sales is expected to rise significantly due to a rebound in auto sales and strong store sales results. In addition, inflation data for March may indicate a light increase in consumer prices despite a small decline in rent prices. Also, trade balance may show a smaller deficit as customs data indicates a drop in imports.
Published on 2010-04-10

What to Expect This Week
This week, in the United States, several members of the Federal Open Market Committee, including Federal Reserve Chairman Ben Bernanke will be speaking. Investors will be looking for any indication of a possible interest rate increase before the end of the year. Also, initial jobless claims are likely to fall after a significant gain in March nonfarm payrolls.
Published on 2010-04-03

What to Expect This Week
This week, in the United States, a government report is likely to show that non-farm payrolls improved in March due to Census hiring and unemployment rate probably dropped. In addition, the national purchasing managers’ index (PMI) may show further growth as manufacturing sector rebounded this month.
Published on 2010-03-27

What to Expect This Week
This week, in the United States, Federal Reserve Chairman Bernanke testifies to the US Congress in a rescheduled hearing. In addition, the release of existing and new home sales data will give us a better view on the housing market recovery.
Published on 2010-03-20

What to Expect This Week
This week, the United States Federal Open Market Committee is likely to keep the benchmark interest rate unchanged. In addition, we will have new figures for Inflation but we don't expect any increase in headline and core prices for February as weak growth continues to temper increases.
Published on 2010-03-13