Wednesday April 29, 2009 - 16:41:57 GMT
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FX BLog - Economic data Preview for Thursday, April 30
GVI Forex Analysis
Far East/ Europe:
NZ- RBNZ Decision- very important- -50bp rate cut seen.
JA- Mfg PMI- watched- leading indicator of economy.
JA- Industrial Output (prelim)- important- Key manufacturing metric.
JA- BOJ Decision- very important- Rates already virtually at zero.
EZ- Unemployment- closely watched- second tier composite figure.
EZ- HICP (flash)- very important- ECB targets inflation.
US- Personal Income- important- Key measure of economy. Seen steady.
US- Core PCE- important- Preferred Fed measure of inflation. Seen steady.
US- Employment Cost Index- important- Key measure of costs. Seen steady.
US- Jobless Data- very important- early view on economy. Seen steady.
CA- PPI- important- BOC targets inflation. Seen higher.
CA- GDP- important- Monthly GDP figure, Seen weaker.
US- Chicago PMI- closely watched- key regional PMI. Seen stronger.
US- Natural Gas- important- key component of energy prices.
Ind Out prelim
HICP (flash) yy
Emply Cost Idx
Core PCE mm
Nat Gas bcf
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