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Monday July 13, 2009 - 16:07:53 GMT
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Economic Data Preview For Tuesday
Tuesday will be the start of an active period for data. No key Japanese data are due. In Europe, U.K, CPI and RPI data are inflation indicators the BOE targets. The German ZEW survey is a volatile survey of fund managers about the pre-eminent EZ economy. Eurozone industrial production figures are due as well. In North America, U.S. retail sales data are a key measure ot the largest segment of the ecomomy. PPI wholesale prices usually do not flow through directly to the CPI as many might feel. Business Inventories are important because presumably inventories are either accumulating or will have to be restocked. I nrercent quarters they have been runnindg down.
UK- Inflation- very important- BOE targets inflation. Seen subdued
DE- ZEW Survey- important- Volatile precurser of IFO suvey. Seen better.
EZ- Industrial Production- composite figure. Seen better.
US- Retail Sales- important- broad measure of consumer. Seen better.
US- PPI- important- Fed policy tied to inflation. Seen higher.
US- Business Inventories- important- key input to economic outlook. Seen lower.
Upcoming Major Releases:
JA- BOJ Decision
EZ- Final inflation
US- Empire PMI, PI, Ind Production
US- Weekly jobs data , TIC, Philly Fed
US- Bldg Permits/Starts
Ind Prod mm
Ind Prod yy
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Tue 19 June 2018
AA: Major, A: High, B: Medium
A 12:30 US- House Permits/Starts
Wed 20 June 2018
A 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
Thu 21 June 2018
AA 11:00 GB- Bank of England Decision
A 12:30 US- Weekly Jobless
Fri 22 June 2018
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