Week Ahead


In the US, the most important events will be nonfarm payrolls, wage growth, trade balance, factory orders, construction spending and ISM PMIs. Other key data include: Worldwide Markit PMI figures; Japan Tankan business sentiment; Eurozone unemployment and retail trade; and Germany factory orders. Also, the ECB will release its meeting minutes while central banks of both Australia and India will decide on monetary policy.

It will be a busy week in the US. The most important releases are jobs report, which will include nonfarm payrolls and wage growth; trade balance; factory orders; construction spending; and ISM PMIs. Other key data include: ADP employment change; Challenger job cuts; ISM New York Index; motor vehicle sales; consumer credit change; and final readings of both Markit PMIs and wholesale inventories.

In the UK, PMI figures, new car sales and Halifax house prices will be in the spotlight. Elsewhere in Europe, important releases include ECB meeting minutes and final PMI data for the Eurozone, Germany and France. Markets will also focus on the Eurozone unemployment and retail trade; and Germany factory orders.

In Japan, analysts are eyeing Tankan's quarterly business condition results, consumer confidence, PMI figures and average cash earnings.

In Australia, the RBA will give us an update on the course of monetary policy. Other important releases include: Foreign trade; HIA New Home Sales; building permits; AIG Services Index; retail sales.

Other important releases include Canada employment figures and trade balance; India interest rate decision; and Brazil inflation rate.

Meanwhile in China, markets will be closed to celebrate the National Day Golden Week.



Joana Ferreira | joana.ferreira@tradingeconomics.com
9/29/2017 5:09:15 PM