Week Ahead


In the US, investors will be waiting for new and existing home sales, durable goods orders and flash Markit PMIs. Elsewhere, key data include UK and Germany GDP growth; Japan inflation rate and manufacturing PMI; and flash PMI data for the Eurozone, Germany and France.

In the US, the most important releases are new and existing home sales, durable goods orders and flash Markit PMIs. Other key data include: Fannie Mae and Freddie Mac house prices; Chicago Fed National Activity Index; Richmond Fed Manufacturing Index; and Kansas Fed Manufacturing Index.

In the UK, GDP growth, business investment and CBI industrial trends orders will be in the spotlight. Elsewhere in Europe, important releases include flash PMI data for the Eurozone, Germany and France. Markets will also focus on the Eurozone consumer confidence; Germany GDP growth, ZEW economic sentiment and Ifo business climate; and French business and consumer sentiment.

In Japan, analysts are eyeing inflation rate and flash manufacturing PMI. Other important key data across Asia include Thailand GDP growth, Indonesia interest rate decision, and South Korea business and consumer morale.

Traders will also be looking to Canada retail sales; and Mexico GDP growth and unemployment rate. 


Joana Ferreira | joana.ferreira@tradingeconomics.com
8/18/2017 4:47:58 PM



 


Friday August 18 2017 Actual Previous Consensus
01:30 AM
CN
House Price Index YoY JUL 9.7% 10.2%
04:00 AM
MY
GDP Growth Rate QoQ Q2 1.3% 1.8%
04:00 AM
MY
GDP Growth Rate YoY Q2 5.8% 5.6%
06:00 AM
DE
PPI MoM JUL 0.2% 0.0%
09:00 AM
EA
Construction Output YoY JUN 3.4% 2.7% ®
12:30 PM
CA
Core Inflation Rate YoY JUL 0.9% 0.9%
12:30 PM
CA
Inflation Rate YoY JUL 1.2% 1%
12:30 PM
CA
Inflation Rate MoM JUL 0% -0.1%
02:00 PM
BR
Business Confidence AUG 52.6 50.6
02:00 PM
US
Michigan Consumer Sentiment Prel AUG 97.6 93.4
02:00 PM
US
Michigan Current Conditions Prel AUG 111.0 113.4
02:00 PM
US
Michigan 5 Year Inflation Expectations Prel AUG 2.5% 2.6%
02:00 PM
US
Michigan Inflation Expectations Prel AUG 2.6% 2.6%
02:00 PM
US
Michigan Consumer Expectations Prel AUG 89.0 80.5
Monday August 21 2017 Actual Previous Consensus
02:30 AM
TH
GDP Growth Rate QoQ Q2 1.30% 1.3%
02:30 AM
TH
GDP Growth Rate YoY Q2 3.7% 3.3%
10:00 AM
DE
Bundesbank Monthly Report
12:30 PM
US
Chicago Fed National Activity Index JUL -0.01 0.16 ®
Tuesday August 22 2017 Actual Previous Consensus
04:30 AM
NL
Consumer Confidence AUG 26 25
06:00 AM
CH
Balance of Trade JUL CHF3.5B CHF2.8B
08:00 AM
ES
Balance of Trade JUN €-1.3B €-1.4B
09:00 AM
EA
ZEW Economic Sentiment Index AUG 29.3 35.6
09:00 AM
DE
ZEW Current Conditions AUG 86.7 86.4
09:00 AM
DE
ZEW Economic Sentiment Index AUG 10 17.5
10:00 AM
GB
CBI Industrial Trends Orders AUG 13 10
11:35 AM
ID
Interest Rate Decision 4.5% 4.75%
12:00 PM
EA
ECB Constâncio Speech
12:30 PM
CA
Retail Sales MoM JUN 0.1% 0.5% ®
01:00 PM
MX
GDP Growth Rate QoQ Final Q2 0.6% 0.7%
01:00 PM
MX
GDP Growth Rate YoY Final Q2 1.8% 2.8%
08:30 PM
US
API Weekly Crude Oil Stock AUG -3.59M -9.2M
Wednesday August 23 2017 Actual Previous Consensus
12:30 AM
JP
Nikkei Manufacturing PMI Flash AUG 52.8 52.1
03:45 AM
TH
Balance of Trade JUL $-0.19B $1.92B
04:00 AM
MY
Inflation Rate YoY JUL 3.2% 3.6%
07:00 AM
EA
ECB Draghi Speech
07:00 AM
FR
Markit Manufacturing PMI Flash AUG 55.8 54.9
07:00 AM
FR
Markit Services PMI Flash AUG 55.5 56
07:00 AM
TR
Consumer Confidence AUG 71.1 71.3
07:30 AM
DE
Markit Manufacturing PMI Flash AUG 59.4 58.1
07:30 AM
DE
Markit Services PMI Flash AUG 53.4 53.1
08:00 AM
EA
Markit Manufacturing PMI Flash AUG 57.4 56.6
08:00 AM
EA
Markit Services PMI Flash AUG 54.9 55.4
08:00 AM
ZA
Inflation Rate YoY JUL 4.6% 5.1%
01:45 PM
US
Markit Composite PMI Flash AUG 56 54.6
01:45 PM
US
Markit Manufacturing PMI Flash AUG 52.5 53.3
01:45 PM
US
Markit Services PMI Flash AUG 56.9 54.7
02:00 PM
EA
Consumer Confidence Flash AUG -1.5 -1.7
02:00 PM
US
New Home Sales JUL 571K 630K ®
02:00 PM
US
New Home Sales MoM JUL -9.4% 1.9% ®
02:30 PM
US
EIA Crude Oil Stocks Change 18/AUG -3.327M -8.945M
02:30 PM
US
EIA Gasoline Stocks Change 18/AUG -1223K 22K
05:05 PM
US
Fed Kaplan Speech
Thursday August 24 2017 Actual Previous Consensus
06:00 AM
NO
GDP Growth Rate QoQ Q2 1.1% 0.2%
06:00 AM
NO
GDP Growth Rate YoY Q2 0.2% 2.5% ®
06:45 AM
FR
Business Confidence AUG 111 108 ®
07:00 AM
ES
GDP Growth Rate QoQ Final Q2 0.9% 0.8%
07:00 AM
ES
GDP Growth Rate YoY Final Q2 3.1% 3%
07:15 AM
CH
Industrial Production YoY Q2 2.9% -1.0% ®
08:30 AM
GB
GDP Growth Rate QoQ 2nd Est Q2 0.3% 0.2%
08:30 AM
GB
GDP Growth Rate YoY 2nd Est Q2 1.7% 2%
08:30 AM
GB
BBA Mortgage Approvals JUL 41.58K 40.38K ®
08:30 AM
GB
Business Investment QoQ Prel Q2 0% 0.6%
08:30 AM
GB
Business Investment YoY Prel Q2 0% 0.7%
12:30 PM
US
Initial Jobless Claims AUG/19 234K 232K
02:00 PM
MX
Monetary Policy Meeting Minutes
02:00 PM
US
Existing Home Sales JUL 5.44M 5.51M ®
02:00 PM
US
Existing Home Sales MoM JUL -1.3% -2% ®
02:30 PM
US
EIA Natural Gas Stocks Change AUG/18 43Bcf 53Bcf
03:00 PM
US
Kansas Fed Manufacturing Index AUG 22 4
04:00 PM
FR
Unemployment Benefit Claims JUL 34.9K -10.9K
09:00 PM
KR
Consumer Confidence AUG 109.9 111.2
11:30 PM
JP
Core Inflation Rate YoY JUL 0.5% 0.4%
11:30 PM
JP
Inflation Rate YoY JUL 0.4% 0.4%
11:30 PM
JP
Inflation Rate MoM JUL 0.0% 0.0%
US
Jackson Hole Economic Policy Symposium
Friday August 25 2017 Actual Previous Consensus
06:00 AM
DE
GDP Growth Rate QoQ Final Q2 0.6% 0.7%
06:00 AM
DE
GDP Growth Rate YoY Final Q2 2.1% 2%
06:45 AM
FR
Consumer Confidence AUG 103 104
08:00 AM
DE
IFO Business Climate AUG 115.9 116
08:00 AM
DE
IFO Current Conditions AUG 124.6 125.5 ®
08:00 AM
DE
IFO Expectations AUG 107.9 107.3
11:30 AM
TR
Business Confidence AUG 110.7 109.5
11:30 AM
TR
Capacity Utilization AUG 78.8% 78.7%
12:30 PM
US
Durable Goods Orders MoM JUL -6.8% 6.4% ®
12:30 PM
US
Durable Goods Orders Ex Transp MoM JUL 0.5% 0.2%
01:00 PM
MX
Unemployment Rate JUL 3.4% 3.3%
02:00 PM
US
Fed Yellen Speech
07:00 PM
EA
ECB Draghi Speech
US
Jackson Hole Economic Policy Symposium
Saturday August 26 2017 Actual Previous Consensus
US
Jackson Hole Economic Policy Symposium
Monday August 28 2017 Actual Previous Consensus
08:00 AM
IT
Business Confidence AUG 108.1 107.8 ®
08:00 AM
IT
Consumer Confidence AUG 110.8 106.9 ®
08:00 AM
NG
Inflation Rate YoY JUL 16.05% 16.10%
12:30 PM
US
Wholesale Inventories MoM Adv JUL 0.4% 0.6% ®
01:00 PM
MX
Balance of Trade JUL $-1523M $62M
02:30 PM
US
Dallas Fed Manufacturing Index AUG 17 16.8
09:00 PM
KR
Business Confidence AUG 78 78
11:30 PM
JP
Unemployment Rate JUL 2.8% 2.8%
Tuesday August 29 2017 Actual Previous Consensus
01:10 AM
AU
HIA New Home Sales MoM JUL -3.7% -6.9%
06:00 AM
DE
GfK Consumer Confidence SEP 10.9 10.8
06:00 AM
GB
Nationwide Housing Prices YoY AUG 2.1% 2.9%
06:00 AM
GB
Nationwide Housing Prices MoM AUG -0.1% 0.2% ®
06:45 AM
FR
GDP Growth Rate QoQ 2nd Est Q2 0.5% 0.5%
07:00 AM
TR
Balance of Trade JUL $-8.84B $-6.04B ®
01:00 PM
US
S&P/Case-Shiller Home Price MoM JUN 0.7% 0.9% ®
01:00 PM
US
S&P/Case-Shiller Home Price YoY JUN 5.7% 5.7%
02:00 PM
US
CB Consumer Confidence AUG 122.9 120 ®
08:30 PM
US
API Weekly Crude Oil Stock AUG -5.78M -3.59M
11:50 PM
JP
Retail Sales YoY JUL 1.9% 2.2% ®
Wednesday August 30 2017 Actual Previous Consensus
01:30 AM
AU
Building Permits MoM JUL -1.7% 11.7% ®
01:30 AM
AU
Construction Work Done QoQ Q2 9.3% 0.9% ®
04:30 AM
NL
Business Confidence AUG 5.4 6.6
06:00 AM
CH
UBS Consumption Indicator JUL 1.38 1.30 ®
07:00 AM
ES
Inflation Rate YoY Prel AUG 1.6% 1.5%
07:00 AM
CH
KOF Leading Indicators AUG 104.1 108 ®
08:30 AM
GB
BoE Consumer Credit JUL £1179M £1351M ®
08:30 AM
GB
Mortgage Lending JUL £3.6B £4.1B
08:30 AM
GB
Mortgage Approvals JUL 68.69K 65.32K ®
09:00 AM
EA
Business Confidence AUG 1.09 1.04 ®
09:00 AM
EA
Services Sentiment AUG 14.9 14.2 ®
09:00 AM
EA
Economic Sentiment AUG 111.9 111.3 ®
09:00 AM
EA
Industrial Sentiment AUG 5.1 4.5
09:45 AM
ES
Business Confidence AUG -0.4 -1.7 ®
12:00 PM
DE
Inflation Rate YoY Prel AUG 1.8% 1.7%
12:15 PM
US
ADP Employment Change AUG 237K 201K ®
12:30 PM
CA
Current Account Q2 C$-16.3B C$-12.9B ®
12:30 PM
US
Corporate Profits QoQ Prel Q2 0.8% -2.6% ®
12:30 PM
US
GDP Price Index QoQ 2nd Est Q2 1% 1.3%
12:30 PM
US
GDP Growth Rate QoQ 2nd Est Q2 3% 1.2%
12:30 PM
US
PCE Prices QoQ 2 Est Q2 0.3% 2.2%
12:30 PM
US
Core PCE Prices QoQ 2 Est Q2 0.9% 1.8%
01:15 PM
US
Fed Powell Speech
02:30 PM
US
EIA Crude Oil Stocks Change 25/AUG -5.392M -3.327M
02:30 PM
US
EIA Gasoline Stocks Change 25/AUG 35K -1223K
11:05 PM
GB
Gfk Consumer Confidence AUG -10 -12
11:50 PM
JP
Industrial Production YoY Prel JUL 4.7% 4.9%
11:50 PM
JP
Industrial Production MoM Prel JUL -0.8% 1.6%
Thursday August 31 2017 Actual Previous Consensus
01:00 AM
CN
NBS Manufacturing PMI AUG 51.7 51.4
01:00 AM
CN
Non Manufacturing PMI AUG 53.4 54.5
01:00 AM
KR
Interest Rate Decision 1.25% 1.25%
01:30 AM
AU
Private Capital Expenditure QoQ Q2 0.8% 0.9% ®
01:30 AM
AU
Private Sector Credit YoY JUL 5.3% 5.4%
01:30 AM
AU
Private Sector Credit MoM JUL 0.5% 0.6%
05:00 AM
JP
Housing Starts YoY JUL -2.3% 1.7%
06:00 AM
DE
Retail Sales MoM JUL -1.2% 1.3% ®
06:00 AM
DE
Retail Sales YoY JUL 2.7% 2.6% ®
06:45 AM
FR
Inflation Rate YoY Prel AUG 0.9% 0.7%
07:00 AM
DK
GDP Growth Rate QoQ Prel Q2 0.6% 0.6%
07:00 AM
DK
GDP Growth Rate YoY Prel Q2 2.7% 2.6%
07:55 AM
DE
Unemployment Change AUG -5K -9K
07:55 AM
DE
Unemployment Rate Harmonised JUL 3.7% 3.8%
07:55 AM
DE
Unemployment Rate AUG 5.7% 5.7%
08:00 AM
IT
Unemployment Rate JUL 11.3% 11.2% ®
08:00 AM
PL
GDP Growth Rate QoQ Final Q2 1.1% 1.1%
08:00 AM
PL
GDP Growth Rate YoY Final Q2 3.9% 4%
09:00 AM
EA
Core Inflation Rate YoY Flash AUG 1.2% 1.2%
09:00 AM
EA
Inflation Rate YoY Flash AUG 1.5% 1.3%
09:00 AM
EA
Unemployment Rate JUL 9.1% 9.1%
09:00 AM
IT
Inflation Rate YoY Prel AUG 1.2% 1.2% ®
09:00 AM
IT
Inflation Rate MoM Prel AUG 0.3% 0.1%
12:00 PM
BR
Unemployment Rate JUL 12.8% 13%
12:00 PM
IN
GDP Growth Rate YoY Q2 5.7% 6.1%
12:00 PM
PL
Inflation Rate YoY Flash AUG 1.8% 1.7%
12:00 PM
ZA
Balance of Trade JUL ZAR 8.99B ZAR10.56B ®
12:30 PM
CA
GDP Growth Rate QoQ Q2 1.1% 0.9%
12:30 PM
CA
GDP Growth Rate Annualized Q2 4.5% 3.7%
12:30 PM
CA
GDP MoM JUN 0.3% 0.6%
12:30 PM
US
Core PCE Price Index YoY JUL 1.4% 1.5%
12:30 PM
US
Core PCE Price Index MoM JUL 0.1% 0.1%
12:30 PM
US
Initial Jobless Claims AUG/26 236K 235K ®
12:30 PM
US
PCE Price Index YoY JUL 1.4% 1.4%
12:30 PM
US
PCE Price Index MoM JUL 0.1% 0% ®
12:30 PM
US
Personal Income MoM JUL 0.4% 0%
12:30 PM
US
Personal Spending MoM JUL 0.3% 0.2% ®
01:45 PM
US
Chicago PMI AUG 58.9 58.9
02:00 PM
US
Pending Home Sales MoM JUL -0.8% 1.3% ®
02:00 PM
US
Pending Home Sales YoY JUL -1.3% 0.3% ®
02:15 PM
BR
Consumer Confidence AUG 101.6 99.5
02:30 PM
US
EIA Natural Gas Stocks Change AUG/25 30Bcf 43Bcf
11:00 PM
KR
GDP Growth Rate QoQ Final Q2 0.6% 1.1%
11:00 PM
KR
GDP Growth Rate YoY Final Q2 2.7% 2.9%
11:00 PM
KR
Inflation Rate YoY AUG 2.6% 2.2%
11:30 PM
AU
AIG Manufacturing Index AUG 59.8 56.0
Friday September 01 2017 Actual Previous Consensus
12:00 AM
KR
Balance of Trade AUG $7.01B $10.3B ®
12:30 AM
JP
Nikkei Manufacturing PMI Final AUG 52.2 52.1
01:45 AM
CN
Caixin Manufacturing PMI AUG 51.6 51.1
05:00 AM
IN
Nikkei Manufacturing PMI AUG 51.2 47.9
05:00 AM
JP
Consumer Confidence AUG 43.3 43.8
06:00 AM
RU
Markit Manufacturing PMI AUG 51.6 52.7
07:15 AM
ES
Markit Manufacturing PMI AUG 52.4 54
07:15 AM
CH
Retail Sales YoY JUL -0.7% 1.7% ®
07:30 AM
CH
SVME Manufacturing PMI AUG 61.2 60.9
07:45 AM
IT
Markit/ADACI Manufacturing PMI AUG 56.3 55.1
07:55 AM
DE
Markit Manufacturing PMI Final AUG 59.3 58.1
08:00 AM
EA
Markit Manufacturing PMI Final AUG 57.4 56.6
08:00 AM
IT
GDP Growth Rate QoQ Final Q2 0.4% 0.4%
08:00 AM
IT
GDP Growth Rate YoY Final Q2 1.5% 1.2%
08:30 AM
GB
Markit/CIPS Manufacturing PMI AUG 56.9 55.3 ®
09:00 AM
ZA
ABSA Manufacturing PMI AUG 44 42.9
09:15 AM