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Tuesday June 30, 2009 - 18:34:46 GMT
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Economic Data Preview For Wednesday
Wednesday will be another key session for data. In Japan, the feature will be the outcome of the quarterely Tankan survey. Australian retail sales are key as well. In Europe, the manufacturing PMI data from Switzerland, the Eurozone and U.K. are the most current snapshot of those respective economies and are closely followed. In North America, Wednesday is a holiday for Canada. The U.S. sees an active session. Weekly mortgage statistics are the most current read we can get on the housing industry. The ADP private jobs data are used as a predictor of non-farm payrolls due on Thursday. The U.S. ISM manufacturing PMI is a critical release. Construction Spending gives yet another read on the economy. With crude oil pivoting the $70 line, the weekly energy inventories report will be closely watched.
JA- Tankan Survey- very important- Large qtrly economic survey. Seen better.
AU- Retail Sales- important- Key measure of domestic growth. Seen better.
CH, EZ, UK- Mfg PMI- Very important- useful curremt economic indicator. Seen better.
US- Weekly Mortgage Statistics- closely watched- leading housing indicator.
US- ADP private Jobs- important- Used as predictor of Payrolls. Seen better.
US- Mfg PMI- very important- widely followed report. Seen improved.
US- Construction Spending- important- Key economic ndicator- Seen worse.
US- Weekly Energy Inventories- important- influence spot oil prices.
Upcoming Major Releases:
US- Employment data
Tankan (big mfg)
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00:00 US- Holiday
Tue 16 Jan 2018
09:00 GB- CPI
20:00 US- Beige Book
Wed 17 Jan 2018
00:30 AU- Employment
02:00 CN- GDP
10:00 EZ- final HICP
14:15 US- Industrial Production
15:00 CA- Bank of Canada Decision
Thu 17 Jan 2018
13:30 US- Weekly Jobless
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Fri 18 Jan 2018
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15:00 US- University of Michigan (prelim) Survey
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