Week Ahead


Next week, important releases for the US include final GDP growth; personal income, spending and PCE prices; new and pending home sales; durable goods orders; and the CB consumer confidence. Elsewhere: UK final GDP growth estimates; Euro Area flash inflation; Germany Ifo business climate; China official PMIs; and Japan industrial production, unemployment and retail sales.

In the US, important releases include the final GDP growth figure; final estimates for corporate profits; personal income, spending and PCE prices; new and pending home sales; durable goods orders; the final reading for the Michigan consumer sentiment; S&P/Case-Schiller housing prices; the Conference Board consumer confidence; Chicago PMI; Dallas Fed Manufacturing PMI; Richmond Fed Manufacturing Index; Kansas Fed Manufacturing Index; and the first estimate for wholesale inventories and goods trade balance. Elsewhere in America: Canada monthly GDP growth and producer prices; Brazil unemployment rate; and Colombia monetary policy decision. Investors will also follow the general elections in Mexico to be held on July 1st when voters will elect a new President. Current President Enrique Peña Nieto is not eligible for another term. 

The UK will publish the final figures for GDP growth and business investment, mortgage data and credit indicators, and current account. Other important data for Europe include: Euro Area flash inflation, business and consumer confidence; Germany Ifo business climate; GfK consumer confidence; preliminary inflation; unemployment and retail sales; France preliminary inflation and consumer confidence; Italy flash inflation, business and consumer confidence; Spain flash inflation and retail sales; and Ireland GDP growth.

In the Asia-Pacific region, investors will also be looking for China official PMIs; Japan industrial production, unemployment, retail sales, consumer confidence, housing starts and construction orders; Australia private sector credit; and Indonesia interest rate decision.




Joana Taborda | joana.taborda@tradingeconomics.com
6/22/2018 3:49:00 PM



 


Friday June 22 2018 Actual Previous Consensus
12:30 AM
JP
Nikkei Manufacturing PMI Flash JUN 53.1 52.8
06:45 AM
FR
GDP Growth Rate QoQ Final Q1 0.2% 0.7%
07:00 AM
FR
Markit Manufacturing PMI Flash JUN 53.1 54.4
07:00 AM
FR
Markit Services PMI Flash JUN 56.4 54.3
07:30 AM
DE
Markit Services PMI Flash JUN 53.9 52.1
07:30 AM
DE
Markit Manufacturing PMI Flash JUN 55.9 56.9
08:00 AM
EA
Markit Services PMI Flash JUN 55.0 53.8
08:00 AM
EA
Markit Manufacturing PMI Flash JUN 55.0 55.5
11:00 AM
GB
BoE Quarterly Bulletin
12:30 PM
CA
Core Inflation Rate YoY MAY 1.3% 1.5%
12:30 PM
CA
Inflation Rate MoM MAY 0.1% 0.3%
12:30 PM
CA
Retail Sales MoM APR -1.2% 0.8% ®
12:30 PM
CA
Inflation Rate YoY MAY 2.2% 2.2%
01:45 PM
US
Markit Composite PMI Flash JUN 56 56.6
01:45 PM
US
Markit Manufacturing PMI Flash JUN 54.6 56.4
01:45 PM
US
Markit Services PMI Flash JUN 56.5 56.8
SA
OPEC Meeting
EA
Ecofin Meeting
Sunday June 24 2018 Actual Previous Consensus
11:50 PM
JP
BoJ Summary of Opinions
TR
Presidential Election
TR
Parliamentary Election
Monday June 25 2018 Actual Previous Consensus
04:00 AM
ID
Balance of Trade MAY $-1.52B $-1.62B ®
07:00 AM
CH
Current Account Q1 CHF18.1B CHF19.7B
07:45 AM
ES
Balance of Trade APR €-3.1B €-0.83B
08:00 AM
DE
Ifo Business Climate JUN 101.8 102.3 ®
08:00 AM
DE
Ifo Current Conditions JUN 105.1 106.1 ®
08:00 AM
DE
Ifo Expectations JUN 98.6 98.6 ®
11:30 AM
TR
Business Confidence JUN 104.6 109.9
11:30 AM
TR
Capacity Utilization JUN 78.3% 77.9%
12:30 PM
US
Chicago Fed National Activity Index MAY -0.15 0.42 ®
02:00 PM
US
New Home Sales MoM MAY 6.7% -3.7% ®
02:00 PM
US
New Home Sales MAY 0.689M 0.646M ®
02:30 PM
US
Dallas Fed Manufacturing Index JUN 36.5 26.8
09:00 PM
KR
Consumer Confidence JUN 106 108
Tuesday June 26 2018 Actual Previous Consensus
02:20 AM
EA
ECB Cœuré Speech
02:40 AM
AU
RBA Richards Speech
08:30 AM
GB
UK Finance Mortgage Approvals MAY 39.244K 38.327K ®
09:00 AM
GB
BoE Haskel Speech
09:30 AM
GB
BoE McCafferty Speech
01:00 PM
MX
Unemployment Rate MAY 3.2% 3.4%
01:00 PM
US
S&P/Case-Shiller Home Price MoM APR 0.8% 1%
01:00 PM
US
S&P/Case-Shiller Home Price YoY APR 6.6% 6.7% ®
02:00 PM
US
CB Consumer Confidence JUN 126.4 128.8 ®
05:00 PM
US
Fed Bostic Speech
05:45 PM
US
Fed Kaplan Speech
08:30 PM
US
API Crude Oil Stock Change 22/JUN -9.228M -3.016M
Wednesday June 27 2018 Actual Previous Consensus
06:00 AM
GB
Nationwide Housing Prices YoY JUN 2% 2.4%
06:00 AM
GB
Nationwide Housing Prices MoM JUN 0.5% 0.2% ®
06:45 AM
FR
Consumer Confidence JUN 97 99 ®
08:00 AM
IT
Business Confidence JUN 106.9 107.6 ®
08:00 AM
IT
Consumer Confidence JUN 116.2 113.9 ®
08:30 AM
GB
BoE Carney Speech
08:30 AM
GB
BoE Financial Stability Report
10:00 AM
FR
Unemployment Benefit Claims MAY 10.3K 12.4K
12:30 PM
US
Durable Goods Orders Ex Transp MoM MAY -0.3% 1.9% ®
12:30 PM
US
Wholesale Inventories MoM Adv MAY 0.5% 0.1%
12:30 PM
US
Durable Goods Orders MoM MAY -0.6% -1% ®
01:00 PM
MX
Balance of Trade MAY $-1.587B $-0.289B
01:00 PM
CH
SNB Quarterly Bulletin
02:00 PM
US
Pending Home Sales YoY MAY -2.2% -2.1%
02:00 PM
US
Pending Home Sales MoM MAY -0.5% -1.3%
02:30 PM
US
EIA Crude Oil Stocks Change 22/JUN -9.891M -5.914M
02:30 PM
US
EIA Gasoline Stocks Change 22/JUN 1.156M 3.277M
03:00 PM
US
Fed Quarles Speech
04:15 PM
US
Fed Rosengren Speech
07:15 PM
CA
BoC Gov Poloz Speech
11:50 PM
JP
Retail Sales YoY MAY 0.6% 1.5% ®
EA
ECB Non-Monetary Policy Meeting
Thursday June 28 2018 Actual Previous Consensus
04:30 AM
NL
Business Confidence JUN 7.7 9.8
06:00 AM
DE
GfK Consumer Confidence JUL 10.7 10.7
07:00 AM
ES
Inflation Rate YoY Prel JUN 2.3% 2.1%
09:00 AM
EA
Business Confidence JUN 1.39 1.44 ®
09:00 AM
EA
ECB Economic Bulletin
09:00 AM
EA
Services Sentiment JUN 14.4 14.3
09:00 AM
EA
Industrial Sentiment JUN 6.9 6.9 ®
09:00 AM
EA
Economic Sentiment JUN 112.3 112.5
09:00 AM
IT
Inflation Rate YoY Prel JUN 1.4% 1%
09:00 AM
IT
Inflation Rate MoM Prel JUN 0.3% 0.3%
10:00 AM
ES
Business Confidence JUN 0.2 1.1 ®
12:00 PM
DE
Inflation Rate YoY Prel JUN 2.1% 2.2%
12:30 PM
US
GDP Price Index QoQ Final Q1 2.2% 2.3%
12:30 PM
US
Corporate Profits QoQ Final Q1 8.7% 1.7%
12:30 PM
US
PCE Prices QoQ Final Q1 2.5% 2.7%
12:30 PM
US
Core PCE Prices QoQ Final Q1 2.3% 1.9% ®
12:30 PM
US
GDP Growth Rate QoQ Final Q1 2% 2.9%
01:30 PM
GB
BoE Haldane Speech
02:45 PM
US
Fed Bullard Speech
03:00 PM
US
Kansas Fed Manufacturing Index JUN 38 41
04:00 PM
US
Fed Bostic Speech
08:30 PM
US
Fed CCAR Results For Big Banks
09:00 PM
KR
Business Confidence JUN 80 78
11:01 PM
GB
Gfk Consumer Confidence JUN -9 -7 ®
11:30 PM
JP
Unemployment Rate MAY 2.2% 2.5%
11:50 PM
JP
Industrial Production YoY Prel MAY 4.2% 2.6%
11:50 PM
JP
Industrial Production MoM Prel MAY -0.2% 0.5%
EU
European Council Meeting
EA
ECB General Council Meeting
Friday June 29 2018 Actual Previous Consensus
01:00 AM
AU
HIA New Home Sales MoM MAY -4.4% -4.2%
01:30 AM
AU
Private Sector Credit YoY MAY 4.8% 5.1%
01:30 AM
AU
Private Sector Credit MoM MAY 0.2% 0.4%
05:00 AM
JP
Consumer Confidence JUN 43.7 43.8
05:00 AM
JP
Housing Starts YoY MAY 1.3% 0.3%
06:00 AM
DE
Unemployment Rate Harmonised MAY 3.4% 3.4%
06:00 AM
DE
Retail Sales MoM MAY -2.1% 1.6% ®
06:00 AM
DE
Retail Sales YoY MAY -1.6% 1% ®
06:45 AM
FR
Inflation Rate YoY Prel JUN 2.1% 2%
07:00 AM
CH
KOF Leading Indicators JUN 101.7 100.0
07:00 AM
TR
Balance of Trade MAY $-7.76B $-6.69B
07:20 AM
ID
Interest Rate Decision 5.25% 4.75%
07:55 AM
DE
Unemployment Change JUN -15K -11K
07:55 AM
DE
Unemployment Rate JUN 5.2% 5.2%
08:30 AM
GB
GDP Growth Rate YoY Final Q1 1.2% 1.3% ®
08:30 AM
GB
GDP Growth Rate QoQ Final Q1 0.2% 0.4%