This Week Economic Developments
Monday, November 5, 2012
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Tuesday, November 6
Reserve Bank of Australia is to announce its benchmark interest rate. The rate announcement is to be accompanied by the bank’s rate statement, which contains important insights into current and future economic conditions from the bank’s perspective.
Australia is also to release official data on house price inflation, a leading indicator of demand in the housing sector.
Switzerland is to publish official data on consumer climate, a leading indicator of consumer spending. Elsewhere in Europe, the U.K. is to release official data on manufacturing and industrial production, leading indicators of economic health.
In the euro zone, Germany is to produce official data on factory orders, a leading indicator of production.
Canada is to publish the Ivey PMI, a leading indicator of economic health.
In the U.S, voting in the U.S. presidential elections is to take place.
Wednesday, November 7
Euro zone is to produce official data on retail sales, while Germany is to produce official data on industrial production, a leading indicator of economic health.
U.S. is to publish government data on crude oil stockpiles.
Thursday, November 8
Japan is to release official data on core machinery orders, a leading indicator of production, as well as data on the current account.
U.K. is to publish official data on the trade balance, while the Bank of England is to announce its benchmark interest rate.
In the euro zone, the eurogroup of finance ministers are to hold talks in Brussels to discuss financial issues in the bloc. In addition, the European Central Bank is to announce its benchmark interest rate. The announcement is to be followed by a press conference with ECB President Mario Draghi to discuss the monetary policy decision.
U.S. is to publish official data on the trade balance as well as the weekly government report on initial jobless claims.
Friday, November 9
RBA is to publish its monetary policy statement, which gives investors an insight into the bank’s view on the outlook for growth and inflation.
China is to publish a flurry of economic data, with reports on producer price inflation, retail sales and industrial production.
In the euro zone, France and Italy are to release official data on industrial production.
U.S. is to round up the week with preliminary data from the University of Michigan on consumer sentiment, a leading indicator of economic health.
Tuesday, November 6
Reserve Bank of Australia is to announce its benchmark interest rate. The rate announcement is to be accompanied by the bank’s rate statement, which contains important insights into current and future economic conditions from the bank’s perspective.
Australia is also to release official data on house price inflation, a leading indicator of demand in the housing sector.
Switzerland is to publish official data on consumer climate, a leading indicator of consumer spending. Elsewhere in Europe, the U.K. is to release official data on manufacturing and industrial production, leading indicators of economic health.
In the euro zone, Germany is to produce official data on factory orders, a leading indicator of production.
Canada is to publish the Ivey PMI, a leading indicator of economic health.
In the U.S, voting in the U.S. presidential elections is to take place.
Wednesday, November 7
Euro zone is to produce official data on retail sales, while Germany is to produce official data on industrial production, a leading indicator of economic health.
U.S. is to publish government data on crude oil stockpiles.
Thursday, November 8
Japan is to release official data on core machinery orders, a leading indicator of production, as well as data on the current account.
U.K. is to publish official data on the trade balance, while the Bank of England is to announce its benchmark interest rate.
In the euro zone, the eurogroup of finance ministers are to hold talks in Brussels to discuss financial issues in the bloc. In addition, the European Central Bank is to announce its benchmark interest rate. The announcement is to be followed by a press conference with ECB President Mario Draghi to discuss the monetary policy decision.
U.S. is to publish official data on the trade balance as well as the weekly government report on initial jobless claims.
Friday, November 9
RBA is to publish its monetary policy statement, which gives investors an insight into the bank’s view on the outlook for growth and inflation.
China is to publish a flurry of economic data, with reports on producer price inflation, retail sales and industrial production.
In the euro zone, France and Italy are to release official data on industrial production.
U.S. is to round up the week with preliminary data from the University of Michigan on consumer sentiment, a leading indicator of economic health.
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