Week Ahead

The earnings season enters one of its busiest phases in the coming week, with Apple and Microsoft reporting, while central banks in the US and Canada will be deciding on monetary policy. Elsewhere, flash PMI surveys for the US, UK, Eurozone, Japan and Australia will be keenly watched, as well as Q4 GDP updates from the US, Germany, France, Spain, South Korea, the Philippines, Hong Kong and Taiwan. Other key data to follow include US PCE prices, personal income and outlays; Eurozone business survey; China industrial profits; and Australia and New Zealand Q4 inflation data.
Joana Ferreira | joana.ferreira@tradingeconomics.com 1/22/2022 12:58:49 AM
In the US, the Federal Reserve will likely leave the fed funds rate steady when it meets for the first time this year, but investors expect the central bank to confirm that the rates will be raised in March with a balance sheet reduction later in the year. Traders will also look for any updates on the Fed's view regarding the risks from the spread of the omicron variant and high inflation. On the data front, the advance estimate for the US GDP growth is expected to show a 5.6% expansion in Q4, much higher than 2.3% in Q3. Other important releases include flash Markit PMIs, personal income, spending and PCE prices, house prices from both FHFA and S&P/Case-Shiller and new and pending home sales. Meanwhile, the earnings season continues with reports from big tech names including Apple and Microsoft and 3M, American Express, GE, Intel, Boeing, AT&T, Tesla, Visa, Chevron, Caterpillar and McDonald's.

Elsewhere in America, the Bank of Canada might raise interest rates by 25bps next week to curb rising inflation, while central banks in Chile, Colombia and Costa Rica will also be deciding on monetary policy. Important data to follow include the preliminary readings of Canada manufacturing and wholesale sales; Mexico trade balance, retail sales and economic activity; and Brazil jobless rate and current account.

In the UK, the flash Markit PMI survey will probably show the country's private sector growth quickened from a 10-month low helped by an improvement in the services sector. Other data include CBI gauges for factory orders, business optimism and retail trade, as well as public sector net borrowing. Elsewhere in Europe, the Eurozone flash Markit PMI survey should point to the weakest pace of expansion in the bloc’s private sector output since the current phase of growth began in March dragged down by both manufacturing and services sectors. Meanwhile, Germany's GDP probably slipped into contraction territory during the fourth quarter, while in France and Spain economic growth likely slowed due to the spread of Omicron, soaring energy prices and lingering supply disruptions. Other important releases include: Eurozone business survey; Germany business and consumer morale, and import prices; Switzerland foreign trade; and Turkey industry morale. 

In Asia-Pacific, the week is going to be filled with PMI and GDP releases, with market participants waiting to assess the health of the economic recovery after the Omicron scare. Key data to watch for include China’s industrial profits, Japan’s Jibun Bank Composite PMI and Tokyo CPI, and fourth-quarter GDP figures for South Korea, the Philippines, Hong Kong and Taiwan. The economy of South Korea is expected to have expanded 0.9% in the last quarter of 2021, despite the resurgence of coronavirus infections, which likely hit the service sector the most; while the Philippines' GDP likely grew 6.2% year-on-year during the same period. Investors in Australia turn their attention to fourth-quarter inflation data, NAB business confidence and flash Markit PMIs, with forecasts suggesting the trimmed mean measure of core inflation favored by the RBA likely increased to 2.4%, remaining within the central bank's 2-3% target range for a second consecutive period. Across the Tasman Sea, New Zealand will be releasing fourth-quarter consumer prices and trade balance. Other highlights in the region include Hong Kong, Malaysia and the Philippines foreign trade data, Thailand factory activity, Taiwan unemployment rate and industrial production, and Singapore consumer prices and manufacturing output.





 


Sunday January 23 2022 Actual Previous Consensus Forecast
10:00 PM
AU
Markit Composite PMI Flash JAN 45.3 54.9 54.5
10:00 PM
AU
Markit Services PMI Flash JAN 45 55.1 54.8
10:00 PM
AU
Markit Manufacturing PMI Flash JAN 55.3 57.7 57
Monday January 24 2022 Actual Previous Consensus Forecast
12:30 AM
JP
Jibun Bank Composite PMI Flash JAN 48.8 52.5 52.1
12:30 AM
JP
Jibun Bank Manufacturing PMI Flash JAN 54.6 54.3 54
12:30 AM
JP
Jibun Bank Services PMI Flash JAN 46.6 52.1 52
08:15 AM
FR
Markit Composite PMI Flash JAN 52.7 55.8 54.5 55.1
08:15 AM
FR
Markit Manufacturing PMI Flash JAN 55.5 55.6 55.5 54.4
08:15 AM
FR
Markit Services PMI Flash JAN 53.1 57 55.3 56.5
08:30 AM
DE
Markit Composite PMI Flash JAN 54.3 49.9 49.2 49.5
08:30 AM
DE
Markit Manufacturing PMI Flash JAN 60.5 57.4 57 56.8
08:30 AM
DE
Markit Services PMI Flash JAN 52.2 48.7 48 48.6
09:00 AM
EA
Markit Composite PMI Flash JAN 52.4 53.3 52.6 52.6
09:00 AM
EA
Markit Services PMI Flash JAN 51.2 53.1 52.2 52.4
09:00 AM
EA
Markit Manufacturing PMI Flash JAN 59 58 57.5 57.1
09:30 AM
GB
Markit/CIPS Composite PMI Flash JAN 53.4 53.6 55 54
09:30 AM
GB
Markit/CIPS UK Services PMI Flash JAN 53.3 53.6 54.8 54
09:30 AM
GB
Markit/CIPS Manufacturing PMI Flash JAN 56.9 57.9 57.9 57
11:30 AM
BR
BCB Focus Market Readout
01:30 PM
US
Chicago Fed National Activity Index DEC -0.15 0.44 ® 0.49
02:45 PM
US
Markit Composite PMI Flash JAN 50.8 57 56.7
02:45 PM
US
Markit Services PMI Flash JAN 50.9 57.6 55 56
02:45 PM
US
Markit Manufacturing PMI Flash JAN 55 57.7 56.7 57
11:00 PM
KR
GDP Growth Rate QoQ Adv Q4 1.1% 0.3% 0.9% 1%
Tuesday January 25 2022 Actual Previous Consensus Forecast
12:30 AM
AU
NAB Business Confidence DEC -12 12 10
12:30 AM
AU
Inflation Rate YoY Q4 3.5% 3% 3.2% 3.2%
12:30 AM
AU
Inflation Rate QoQ Q4 1.3% 0.8% 1% 0.9%
07:00 AM
TR
Business Confidence JAN 109.5 106.1 105.1
09:00 AM
DE
Ifo Business Climate JAN 95.7 94.8 ® 94.7 95.5
11:00 AM
GB
CBI Business Optimism Index Q1 -9 2 5
11:00 AM
GB
CBI Industrial Trends Orders JAN 24 24 22 18
02:00 PM
US
S&P/Case-Shiller Home Price YoY NOV 18.3% 18.5% ® 18% 18.2%
03:00 PM
US
CB Consumer Confidence JAN 113.8 115.2 ® 111.8 115
09:00 PM
KR
Consumer Confidence JAN 104.4 103.9 104
09:30 PM
US
API Crude Oil Stock Change 21/JAN -0.872M 1.404M -0.400M
11:50 PM
JP
BoJ Summary of Opinions
Wednesday January 26 2022 Actual Previous Consensus Forecast
07:45 AM
FR
Consumer Confidence JAN 99 100 98 99
09:00 AM
PL
Unemployment Rate DEC 5.4% 5.4% 5.4% 5.5%
10:30 AM
DE
10-Year Bund Auction -0.08% -0.09%
11:00 AM
FR
Unemployment Benefit Claims DEC -12.8K -54.7K -26.2K
01:30 PM
US
Goods Trade Balance Adv DEC $-101B $-98B ® $-94B
01:30 PM
US
Retail Inventories Ex Autos MoM Adv DEC 3.6% 1.2% ®
01:30 PM
US
Wholesale Inventories MoM Adv DEC 2.1% 1.7% ® 1.3% 1.1%
03:00 PM
CA
BoC Interest Rate Decision 0.25% 0.25% 0.25% 0.5%
03:00 PM
CA
BoC Monetary Policy Report
03:00 PM
US
New Home Sales DEC 0.811M 0.725M ® 0.76M 0.72M
03:30 PM
US
EIA Gasoline Stocks Change 21/JAN 1.297M 5.873M 2.548M
03:30 PM
US
EIA Crude Oil Stocks Change 21/JAN 2.377M 0.515M -0.728M
07:00 PM
US
Fed Interest Rate Decision 0.25% 0.25% 0.25% 0.25%
07:30 PM
US
Fed Press Conference
09:00 PM
KR
Business Confidence JAN 93 93 ® 96
Thursday January 27 2022 Actual Previous Consensus Forecast
02:00 AM
PH
Full Year GDP Growth 2021 5.6% -9.6% ®
02:00 AM
PH
GDP Growth Rate YoY Q4 7.7% 6.9% ® 6% 6.5%
02:00 AM
PH
GDP Growth Rate QoQ Q4 3.1% 3.1% ® 3%
07:00 AM
DE
GfK Consumer Confidence FEB -6.7 -6.9 ® -7.8 -7.8
07:00 AM
CH
Balance of Trade DEC CHF4.0B CHF4.1B ® CHF 4B
08:00 AM
ES
Unemployment Rate Q4 13.33% 14.57% 14.2% 14.2%
11:00 AM
TR
MPC Meeting Summary
11:00 AM
TR
Inflation Report
11:00 AM
GB
CBI Distributive Trades JAN 28 8 13 11
12:00 PM
MX
Balance of Trade DEC $0.59B $-0.112B $1.1B $ 0.9B
01:00 PM
ZA
Interest Rate Decision 4% 3.75% 4% 4%
01:30 PM
US
GDP Growth Rate QoQ Adv Q4 6.9% 2.3% 5.5% 5.5%
01:30 PM
US
Durable Goods Orders MoM DEC -0.9% 3.2% ® -0.5% -0.2%
01:30 PM
US
Jobless Claims 4-week Average 22/JAN 247K 232K ® 240K
01:30 PM
US
Initial Jobless Claims 22/JAN 260K 290K ® 260K 295K
01:30 PM
US
Durable Goods Orders Ex Transp MoM DEC 0.4% 1.1% ® 0.4% 0.6%
01:30 PM
US
GDP Price Index QoQ Adv Q4 7% 5.9% 6% 6%
03:00 PM
US
Pending Home Sales YoY DEC -6.9% -2.8% ® -3%
03:00 PM
US
Pending Home Sales MoM DEC -3.8% -2.3% ® -0.2% -0.1%
Friday January 28 2022 Actual Previous Consensus Forecast
12:30 AM
AU
PPI QoQ Q4 1.3% 1.1% 0.9%
02:30 AM
SG
Unemployment Rate Prel Q4 2.4% 2.6% 2.5%
06:30 AM
FR
GDP Growth Rate YoY Prel Q4 5.4% 3.5% ® 4.2%
06:30 AM
FR
GDP Growth Rate QoQ Prel Q4 0.7% 3.1% ® 0.5% 0.6%
07:00 AM
SE
GDP Growth Rate YoY Flash Q4 6.2% 4.7% 5.4% 5%
07:00 AM
SE
GDP Growth Rate QoQ Flash Q4 1.4% 2% 1% 0.9%
08:00 AM
ES
GDP Growth Rate YoY Flash Q4 5.2% 3.4% 4.5% 4.2%
08:00 AM
ES
GDP Growth Rate QoQ Flash Q4 2% 2.6% 1.4% 1.2%
08:00 AM
CH
KOF Leading Indicators JAN 107.8 107.2 ® 106.3 106.5
08:30 AM
HK
GDP Growth Rate YoY Adv Q4 4.8% 5.5% ® 4.7% 4.4%
09:00 AM
DE
GDP Growth Rate YoY Flash Q4 1.4% 2.9% ® 1.8% 1.9%
09:00 AM
DE
GDP Growth Rate QoQ Flash Q4 -0.7% 1.7% -0.3% -0.2%
09:00 AM
IT
Business Confidence JAN 113.9 115 ® 115.3 115.1
09:00 AM
IT
Consumer Confidence JAN 114.2 117.7 116.5 117
10:00 AM
EA
Economic Sentiment JAN 112.7 113.8 ® 114.5 114.8
10:25 AM
IT
10-Year BTP Auction 1.39% 1.02%
12:00 PM
BR
Unemployment Rate NOV 11.6% 12.1% 11.7%
12:00 PM
ES
Business Confidence JAN 6.7 5.9 5.5
01:30 PM
US
Personal Income MoM DEC 0.3% 0.5% ® 0.5% 0.5%
01:30 PM
US
Personal Spending MoM DEC -0.6% 0.4% ® -0.6% -0.3%
01:30 PM
US
PCE Price Index YoY DEC 5.8% 5.7% 5.9%
01:30 PM
US
PCE Price Index MoM DEC 0.4% 0.6% 0.4%
01:30 PM
US
Employment Cost Index QoQ Q4 1% 1.3% 1.2% 1.2%
03:00 PM
US
Michigan Consumer Sentiment Final JAN 67.2 70.6 68.7 68.8
Sunday January 30 2022 Actual Previous Consensus Forecast
01:45 AM
CN
NBS Manufacturing PMI JAN 50.1 50.3 ® 50 50.1
01:45 AM
CN
Caixin Manufacturing PMI JAN 49.1 50.9 50.4 50.6
01:45 AM
CN
NBS Non Manufacturing PMI JAN 51.1 52.7 52.5
11:50 PM
JP
Industrial Production MoM Prel DEC -1% 7% -0.8% -0.7%
11:50 PM
JP
Retail Sales YoY DEC 1.4% 1.9% 2.7% 2.3%
Monday January 31 2022 Actual Previous Consensus Forecast
05:00 AM
JP
Consumer Confidence JAN 36.7 39.1 39.5
05:00 AM
JP
Housing Starts YoY DEC 4.2% 3.7% 7.8% 6.2%
07:00 AM
TR
Balance of Trade DEC $-6.79B $-5.43B ® $-4.2B
08:00 AM
ES
Inflation Rate YoY Prel JAN 6% 6.5% 5.7%
08:00 AM
ES
Inflation Rate MoM Prel JAN -0.5% 1.2% -0.9%
09:00 AM
PL
Full Year GDP Growth 2021 5.7% -2.5% 5.5% 5.5%
10:00 AM
EA
GDP Growth Rate YoY Flash Q4 4.6% 3.9% 4.7% 4.2%
10:00 AM
EA
GDP Growth Rate QoQ Flash Q4 0.3% 2.3% ® 0.3% 0.2%
10:00 AM
IT
GDP Growth Rate YoY Adv Q4 6.4% 3.9% 6.2% 6.3%
10:00 AM
IT
GDP Growth Rate QoQ Adv Q4 0.6% 2.6% 0.5% 0.6%
11:30 AM
BR
BCB Focus Market Readout
12:00 PM
IN
Fiscal Year GDP Growth Final 2020-21 -6.6% 3.7% ® -7.3%
12:00 PM
MX
GDP Growth Rate YoY Prel Q4 1% 4.5% 1.6% 1.3%
12:00 PM
MX
GDP Growth Rate QoQ Prel Q4 -0.1% -0.4% -0.3% -0.1%
12:00 PM
ZA
Balance of Trade DEC ZAR30.14B ZAR35.84B ® ZAR 15B
01:00 PM
DE
Inflation Rate YoY Prel JAN 4.9% 5.3% 4.3% 4.4%
01:00 PM
DE
Inflation Rate MoM Prel JAN 0.4% 0.5% -0.3% -0.3%
02:45 PM
US
Chicago PMI JAN 65.2 64.3 ® 61.7 62
03:30 PM
US
Dallas Fed Manufacturing Index JAN 2 7.8 ® 8
05:40 PM
US
Fed George Speech
09:30 PM
AU
Ai Group Manufacturing Index JAN 48.4 54.8 53.1
10:00 PM
AU
Markit Manufacturing PMI Final JAN 55.1 57.7 55.3
11:30 PM
JP
Unemployment Rate DEC 2.7% 2.8% 2.8% 2.8%
Tuesday February 01 2022 Actual Previous Consensus Forecast
12:00 AM
KR
Exports YoY JAN 15.2% 18.3% 15.5%
12:30 AM
AU
Retail Sales MoM Prel DEC -4.4% 7.3% 1.2%
12:30 AM
AU
Home Loans MoM DEC 5.3% 7.6% 1.2%
12:30 AM
JP
Jibun Bank Manufacturing PMI Final JAN 55.4 54.3 54.6
03:30 AM
AU
RBA Interest Rate Decision 0.1% 0.1% 0.1% 0.1%
05:00 AM
IN
Markit Manufacturing PMI JAN 54.8 55.5 54.6 55.1
05:30 AM
IN
Union Budget 2022-23
06:00 AM
RU
Markit Manufacturing PMI JAN 51.8 51.6 51.9
07:00 AM
DE
Retail Sales MoM DEC -5.5% 0.8% ® -1.4% -1.0%
07:00 AM
DE
Retail Sales YoY DEC 0% 0.5% ® 1.1% -0.4%
07:00 AM
GB
Nationwide Housing Prices YoY JAN 11.2% 10.4% 10.8% 11.6%
07:00 AM
GB
Nationwide Housing Prices MoM JAN 0.8% 1% 0.6% 0.7%
07:30 AM
CH
Retail Sales YoY DEC -0.4% 5.3% ® 5.5% 1.9%
07:45 AM
FR
Inflation Rate YoY Prel JAN 2.9% 2.8% 2.4% 2.5%
07:45 AM
FR
Inflation Rate MoM Prel JAN 0.3% 0.2% -0.2% -0.1%
08:00 AM
CH
Consumer Confidence Q1 -3.6 3.5 ® 4.5
08:15 AM
ES
Markit Manufacturing PMI JAN 56.2 56.2 56 55.7
08:30 AM
CH
procure.ch Manufacturing PMI JAN 63.8 64.2 ® 64 59.8
08:45 AM
IT
IHS Markit Manufacturing PMI JAN 58.3 62 61 60.5
08:50 AM
FR
Markit Manufacturing PMI Final JAN 55.5 55.6 55.5 55.5
08:55 AM
DE
Unemployment Change JAN -48K -29K ® -6K -10K
08:55 AM
DE
Markit Manufacturing PMI Final JAN 59.8 57.4 60.5 60.5
08:55 AM
DE
Unemployed Persons JAN 2.345M 2.393M ® 2.395M
08:55 AM
DE
Unemployment Rate JAN 5.1% 5.2% 5.2% 5.2%
09:00 AM
EA
Markit Manufacturing PMI Final JAN 58.7 58 59 59
09:00 AM
IT
Unemployment Rate DEC 9% 9.1% ® 9.2% 9.1%
09:30 AM
GB
BoE Consumer Credit DEC £0.8B £1.0B ® £0.8B £0.7B
09:30 AM
GB
Markit/CIPS Manufacturing PMI Final JAN 57.3 57.9 56.9 56.9
09:30 AM
GB
Mortgage Approvals DEC 71.015K 66.964K ® 66K 65K
10:00 AM
EA
Unemployment Rate DEC 7% 7.1% ® 7.1% 7.2%
12:00 PM
MX
Business Confidence JAN 51 52.3 ® 52.8
01:30 PM
CA
GDP MoM NOV 0.6% 0.8% 0.3% 0.3%
01:40 PM
IN
Balance of Trade Prel JAN $-17.95B $-21.68B $-21.4B
02:30 PM
CA
Markit Manufacturing PMI JAN 56.2 56.5 56
02:45 PM
US
Markit Manufacturing PMI Final JAN 55.5 57.7 55 55
03:00 PM
US
ISM Manufacturing PMI JAN 57.6 58.8 ® 57.5 58
03:00 PM
US
JOLTs Job Openings DEC 10.925M 10.775M ® 10.3M 10.52M
06:00 PM
BR
Balance of Trade JAN $-0.2B $4B $-0.167B -$0.2B
09:30 PM
US
API Crude Oil Stock Change 28/JAN -1.645M -0.872M 1.833M
Wednesday February 02 2022 Actual Previous Consensus Forecast
12:30 AM
AU
RBA Chart Pack
01:30 AM
AU
RBA Gov Lowe Speech
04:00 AM
ID
Inflation Rate YoY JAN 2.18% 1.87% 2.15% 2.11%
08:00 AM
ES
Unemployment Change JAN 17.2K -76.8K -50.7K 89K
10:00 AM
EA
Inflation Rate YoY Flash JAN 5.1% 5% 4.4% 4.5%
10:00 AM
EA
Inflation Rate MoM Flash JAN 0.3% 0.4% -0.3%
10:00 AM
EA
Core Inflation Rate YoY Flash JAN 2.3% 2.6% 1.9% 2.2%
10:00 AM
IT
Inflation Rate YoY Prel JAN 4.8% 3.9% 3.8% 3.8%
10:00 AM
IT
Inflation Rate MoM Prel JAN 1.6% 0.4% 0.6%
12:00 PM
BR
Industrial Production MoM DEC 2.9% 0% ® 1.5% 0.4%
01:15 PM
US
ADP Employment Change JAN -301K 776K ® 207K 220K
03:00 PM
CA
BoC Gov Gravelle Speech
03:30 PM
US
EIA Crude Oil Stocks Change 28/JAN -1.046M 2.377M 1.525M
03:30 PM
US
EIA Gasoline Stocks Change 28/JAN 2.119M 1.297M 1.645M
09:30 PM
BR
Interest Rate Decision 10.75% 9.25% 10.75% 10.75%
10:00 PM
AU
Markit Services PMI Final JAN 46.6 55.1 45
Thursday February 03 2022 Actual Previous Consensus Forecast
12:30 AM
AU
Balance of Trade DEC A$8.356B A$9.756B ® A$ 13B
12:30 AM
AU
Building Permits MoM Prel DEC 8.2% 2.6% -1% 0.7%
12:30 AM
JP
Jibun Bank Services PMI Final JAN 47.6 52.1 46.6
12:30 AM
KR
Markit Manufacturing PMI JAN 52.8 51.9 51.1
07:00 AM
TR
Inflation Rate YoY JAN 48.69% 36.08% 46.68% 46.4%
07:00 AM
TR
Inflation Rate MoM JAN 11.1% 13.58% 9.8% 9.5%
08:15 AM
ES
Markit Services PMI JAN 46.6 55.8 51.5 52
08:45 AM
IT
IHS Markit Services PMI JAN 48.5 53.0 50 51
08:50 AM
FR
Markit Composite PMI Final JAN 52.7 55.8 52.7 52.7
08:50 AM
FR
Markit Services PMI Final JAN 53.1 57 53.1 53.1
08:55 AM
DE
Markit Composite PMI Final JAN 53.8 49.9 54.3 54.3
08:55 AM
DE
Markit Services PMI Final JAN 52.2 48.7 52.2 52.2
09:00 AM
EA
Markit Composite PMI Final JAN 52.3 53.3 52.4 52.4
09:00 AM
EA
Markit Services PMI Final JAN 51.1 53.1 51.2 51.2
09:30 AM
GB
Markit/CIPS Composite PMI Final JAN 54.2 53.6 53.4 53.4
09:30 AM
GB
Markit/CIPS UK Services PMI Final JAN 54.1 53.6 53.3 53.3
12:00 PM
MX
Consumer Confidence JAN 43.4 44.4 44.5
12:00 PM
GB
BoE Interest Rate Decision 0.5% 0.25% 0.5% 0.5%
12:00 PM
GB
Monetary Policy Report
12:00 PM
GB
MPC Meeting Minutes
12:00 PM
GB
BoE MPC Vote Hike 9/9 8/9 9/9 9/9
12:00 PM
GB
BoE MPC Vote Unchanged 0/9 1/9 0/9 0/9
12:00 PM
GB
BoE MPC Vote Cut 0/9 0/9 0/9 0/9
12:45 PM
EA
Deposit Facility Rate -0.5% -0.5% -0.5% -0.5%
01:00 PM
BR
Markit Services PMI JAN 52.8 53.6 54
01:30 PM
EA
ECB Press Conference
01:30 PM
US
Nonfarm Productivity QoQ Prel Q4 6.6% -5% ® 3.2% 2.5%
01:30 PM
US
Unit Labour Costs QoQ Prel Q4 0.3% 9.3% ® 1.5% 2%
01:30 PM
US
Initial Jobless Claims 29/JAN 238K 261K ® 245K 255K
02:45 PM
US
Markit Services PMI Final JAN 51.2 57.6 50.9 50.9
02:45 PM
US
Markit Composite PMI Final JAN 51.1 57 50.8 50.8
03:00 PM
US
ISM Non-Manufacturing PMI JAN 59.9 62.3 ® 59.5 61
03:00 PM
US
Factory Orders MoM DEC -0.4% 1.8% ® -0.2% -0.2%
11:00 PM
KR
Inflation Rate YoY JAN 3.6% 3.7% 3.3% 3.3%
Friday February 04 2022 Actual Previous Consensus Forecast
12:30 AM
AU
RBA Statement on Monetary Policy
01:00 AM
PH
Inflation Rate YoY JAN 3.0% 3.2% 3.1% 2.9%
07:00 AM
DE
Factory Orders MoM DEC 2.8% 3.6% ® 0.5% 0.6%
07:45 AM
FR
Industrial Production MoM DEC -0.2% -0.5% ® 0.5% 0.7%
08:30 AM
DE
Construction PMI JAN 54.4 48.2 49.5
09:30 AM
GB
Construction PMI JAN 56.3 54.3 54.3 54.5
10:00 AM
EA
Retail Sales MoM DEC -3% 1% -0.5% -0.4%
10:00 AM
EA
Retail Sales YoY DEC 2% 8.2% ® 5.1% 5.5%
01:30 PM
CA
Unemployment Rate JAN 6.5% 6% ® 6.2% 6%
01:30 PM
CA
Participation Rate JAN 65% 65.4% ® 65.4%
01:30 PM
CA
Part Time Employment Chg JAN -117.4K -64.3K ® -20K
01:30 PM
CA
Employment Change JAN -200.1K 78.6K ® -117.5K -90K
01:30 PM
CA
Full Time Employment Chg JAN -82.7K 142.8K ® 60K
01:30 PM
US
Non Farm Payrolls JAN 467K 510K ® 150K 30K
01:30 PM
US
Unemployment Rate JAN 4% 3.9% 3.9% 3.9%
01:30 PM
US
Participation Rate JAN 62.2% 61.9% 62%
01:30 PM
US
Average Hourly Earnings MoM JAN 0.7% 0.5% ® 0.5% 0.5%
01:30 PM
US
Average Hourly Earnings YoY JAN 5.7% 5% ® 5.2% 5.1%
03:00 PM
CA
Ivey PMI s.a JAN 50.7 45 50
Sunday February 06 2022 Actual Previous Consensus Forecast
09:30 PM
AU
Ai Group Services Index JAN 56.2 49.6 46
Monday February 07 2022 Actual Previous Consensus Forecast
12:30 AM
AU
Retail Sales MoM Final DEC -4.4% 7.3% 0.4% -4.4%
01:45 AM
CN
Caixin Services PMI JAN 51.4 53.1 51
04:00 AM
ID
Full Year GDP Growth 2021 3.69% -2.07% 3.28%
04:00 AM
ID
GDP Growth Rate YoY Q4 5.02% 3.51% 4.9% 4.50%
06:45 AM
CH
Unemployment Rate JAN 2.6% 2.6% 2.7% 2.6%
07:00 AM
DE
Industrial Production MoM DEC -0.3% 0.3% ® 0.4% 0.6%
07:00 AM
GB
Halifax House Price Index MoM JAN 0.3% 1.1% 0.8%
07:00 AM
GB
Halifax House Price Index YoY JAN 9.7% 9.8% 10.5%
11:30 AM
BR
BCB Focus Market Readout
03:45 PM
EA
ECB President Lagarde Speech
11:50 PM
JP
Current Account DEC ¥-370.8B ¥897.3B ¥73.5B ¥95B
Tuesday February 08 2022 Actual Previous Consensus Forecast
12:01 AM
GB
BRC Retail Sales Monitor YoY JAN 8.1% 0.6% -0.3%
12:30 AM
AU
NAB Business Confidence JAN 3 -12 -14
04:30 AM
MY
Unemployment Rate DEC 4.2% 4.3% 4.2%
07:45 AM
FR
Balance of Trade DEC €-11.32B €-9.76B ® € -8.5B
09:00 AM
IT
Retail Sales MoM DEC 0.9% -0.4% 0.6%
11:00 AM
BR
BCB Copom Meeting Minutes
01:30 PM
CA
Balance of Trade DEC C$-0.14B C$2.47B ® C$2.5B C$ 1.5B
01:30 PM
US
Balance of Trade DEC $-80.7B $-79.3B ® $-83B $-83.2B
01:30 PM
US
Imports DEC $308.9B $304.0B ® $309.9B
01:30 PM
US
Exports DEC $228.1B $224.7B ® $226.7B
03:00 PM
US
IBD/TIPP Economic Optimism FEB 44 44.7 46
09:30 PM
US
API Crude Oil Stock Change 04/FEB -2.025M -1.645M 0.675M
11:30 PM
AU
Westpac Consumer Confidence Change FEB -1.3% -2% -0.2%
11:30 PM
AU
Westpac Consumer Confidence Index FEB 100.8 102.2 102
Wednesday February 09 2022 Actual Previous Consensus Forecast
07:00 AM
DE
Balance of Trade DEC €7B €12B € 10.8B
09:00 AM
IT
Industrial Production MoM DEC -1% 2.1% ® -0.7% 0.3%
12:00 PM
BR
Inflation Rate YoY JAN 10.38% 10.06% 10.39% 10.46%
12:00 PM
BR
Inflation Rate MoM JAN 0.54% 0.73% 0.55% 0.65%
12:00 PM