Week Ahead

Next week the US will be publishing the second estimate of Q2 GDP growth, personal income and spending, PCE price index, and pending home sales. Elsewhere, important releases include: UK Gfk consumer confidence and monetary indicators; Eurozone inflation, business survey and unemployment; Germany retail trade; Japan consumer confidence, unemployment, retail sales and industrial output; China NBS PMIs; and Canada, India and Brazil Q2 GDP growth rates.

In the US the most important releases are the second estimate of Q2 GDP growth, alongside preliminary reading of corporate profits; personal income and spending; PCE price index; pending home sales; Chicago Fed National Activity Index; Dallas Fed Manufacturing Index; Richmond Fed Manufacturing Index; Chicago PMI; S&P/Case-Shiller home prices; advance estimates of goods trade balance and wholesale inventories; and the final reading of Michigan consumer sentiment.

The UK will publish Gfk consumer confidence and Bank of England's monetary indicators. Elsewhere in Europe, preliminary figures of inflation for the Eurozone, Germany, France, Italy and Spain will be in the spotlight, as well as business and consumer surveys for the Eurozone, Germany and Italy. Other key highlights are: Eurozone unemployment; Germany retail trade and jobless rate; France second estimate of Q2 GDP growth and consumer morale; Switzerland KOF Leading Indicators; Denmark preliminary reading of Q2 GDP growth; Italy final figures of Q2 GDP growth and unemployment; and Turkey business confidence and balance of trade.

In Japan, analysts are eyeing the publication of consumer confidence, unemployment, retail trade, industrial output and housing starts; while in Australia markets will focus on HIA new home sales, building permits and private sector credit. In China, the NBS is set to publish manufacturing and non-manufacturing PMIs.

Other important figures include: Canada, India and Brazil Q2 GDP growth rates; Mexico unemployment and trade balance; South Korea interest rate decision; and South Africa foreign trade.

Week Ahead

Joana Ferreira | joana.ferreira@tradingeconomics.com
8/24/2018 3:40:51 PM