15th May 2017 - 19th May 2017
A quiet start to the week where only two mid-tier reports will come Australia and USA. Home Loans from Australia presents the number of home loans. It indicates the housing market trend in Australia and a level of consumer confidence as large housing loans are taken out. Day will end with NAHB Housing Market Index from US which presents home sales and expected home buildings in the future indicating housing market trend in the United States. The busiest day of the week as major reports will come out from Euro Zone, UK and USA. First up will be GDP figures and Trade Balance from Euro Zone. This will be followed by 2 economic surveys which measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic. By midday focus shifts to UK where inflation data such as Core Consumer Price Index & Consumer Price Index will be released. Later half of the day will be governed by US reports where it will focus on the Housing market. Wednesday brings us reports from Euro zone and UK. First up will be ILO Unemployment Rate which is the number of unemployed workers divided by the total civilian labor force. This will be followed by Average earnings which a key short-term indicator of how levels of pay are changing within the UK economy. A non-monetary Policy ECB Meeting is scheduled in the morning; however, this may not cause much volatility in the market until the reports come out on next week. Investor focus will be on CPI figures from Euro zone specially after ECB’s dovish approach on the economic policies for euro zone. Big day for Australia as we will see jobs data been released. Employment is expected to increase by 5,000 in April, down sharply from 60.9k the prior month, while the jobless rate is forecast to hold steady at 5.9%. Then the focus shifts to Retail sales report from UK which measures the total receipts of retail stores. Monthly percent changes reflect the rate of changes of such sales. Next up will be Retail Sales ex-fuel which is a measure of changes in sales of the British retail sector excluding fuel. Later on, US will release Initial Jobless Claims which is a measure of the number of people filing first-time claims for state unemployment insurance. Day will end with Philadelphia Fed Manufacturing Survey which serves as an indicator of manufacturing sector trends, is interrelated with the ISM manufacturing Index (Institute for Supply Management) and the index of industrial production. Early morning Germany will release Producer Price Index which measures the average changes in prices in the German primary markets. This will be followed by Consumer Confidence from Euro zone which is a leading index that measures the level of consumer confidence in economic activity. The week will end with Canada releasing Consumer Price Index which is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. Monday
Tuesday
Wednesday
Thursday
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