Market Overview

Economic Calendar - 14 November 2010

Here's the Economic Calendar for the week commencing the 14th of November 2010. This week there's Japan Q3 GDP, with consensus picking a small acceleration from Q2. There's also meeting minutes due out from the BoE and RBA, which will be interesting in light of their recent decisions. Of course there's also a line up of inflation stats from the US, UK, and EU, as well as industrial production and retail sales stats.

(More commentary follows the table)


Day GMT Country/ Currency Event Forecast Previous
SUN 21:45 NZD Retail Sales (MoM) (SEP) 1.10% 0.00%
SUN 23:50 JPY Gross Domestic Product Annualized (3Q P) 2.50% 1.50%
SUN 23:50 JPY Gross Domestic Product (QoQ) (3Q P) 0.60% 0.40%
SUN 23:50 JPY Gross Domestic Product Deflator (YoY) (3Q P) -1.50% -1.70%
SUN 04:30 JPY Industrial Production (MoM) (SEP F)
-1.90%
SUN 04:30 JPY Industrial Production (YoY) (SEP F)

MON 10:00 EUR Euro-Zone Trade Balance s.a. (euros) (SEP) 1.0B -1.4B
MON 10:00 EUR Euro-Zone Trade Balance (euros) (SEP) 0.1B -4.3B
MON 13:30 USD Advance Retail Sales (OCT) 0.70% 0.60%
MON 13:30 USD Retail Sales Less Autos (OCT) 0.40% 0.40%
MON 13:30 USD Retail Sales Excluding Auto & Gas (OCT) 0.30% 0.40%
MON
CNY Actual FDI (YoY) (OCT) 10.40% 6.10%
MON 00:30 AUD Reserve Bank's Board November Minutes (NOV 15)

MON 02:00 CNY China September Leading Economic Index

TUE 09:30 GBP Consumer Price Index (MoM) (OCT) 0.20% 0.00%
TUE 09:30 GBP Consumer Price Index (YoY) (OCT) 3.10% 3.10%
TUE 09:30 GBP Core Consumer Price Index (YoY) (OCT) 2.60% 2.70%
TUE 09:30 GBP Retail Price Index (YoY) (OCT) 4.60% 4.60%
TUE 10:00 EUR Euro-Zone Consumer Price Index (YoY) (OCT F) 1.90%
TUE 10:00 EUR Euro-Zone Consumer Price Index (MoM) (OCT) 0.30% 0.20%
TUE 13:30 USD Producer Price Index (MoM) (OCT) 0.80% 0.40%
TUE 13:30 USD Producer Price Index Ex Food & Energy (YoY) (OCT) 2.10% 1.60%
TUE 14:15 USD Industrial Production (OCT) 0.30% -0.20%
TUE 14:15 USD Capacity Utilization (OCT) 74.90% 74.70%
TUE 01:30 USD Housing Starts (OCT) -1.60% 0.30%
WED 09:30 GBP Bank of England Minutes (NOV)

WED 09:30 GBP Jobless Claims Change (OCT) 6.0K 5.3K
WED 13:30 USD Consumer Price Index (YoY) (OCT)
1.10%
WED 13:30 USD Consumer Price Index (MoM) (OCT) 0.30% 0.10%
WED 13:30 USD Consumer Price Index Ex Food & Energy (MoM) 0.10% 0.00%
WED 13:30 USD Consumer Price Index Ex Food & Energy (YoY) 0.70% 0.80%
WED 13:30 USD Housing Starts (OCT) MOM% 600K 610K
WED 13:30 USD Building Permits (OCT) 570K 539K
WED 21:45 NZD Producer Prices- Inputs (QoQ) (3Q) 0.30%
WED 21:45 NZD Producer Prices- Outputs (QoQ) (3Q) 0.60%
THU 09:30 GBP Retail Sales (YoY) (OCT) 1.50% 1.80%
THU 09:30 GBP Retail Sales with Auto Fuel (YoY) (OCT) 0.00% 0.50%
THU 10:00 EUR Euro-Zone Current Account n.s.a. (euros) (SEP)
-10.5B
THU 10:00 EUR Euro-Zone Current Account s.a. (euros) (SEP)
-7.5B
THU 23:50 JPY Bank of Japan Meeting of the Minutes (OCT)

FRI 10:15 USD Bernanke Speaks at ECB Conference in Frankfurt

As mentioned, Japan is set to announce its September quarter GDP stats, with the market picking a positive number (after Q2 saw a negative nominal number - made positive only after factoring in deflation!). Consensus sees Q3 GDP rising 0.60% from Q2, vs 0.40% in Q2 from Q1. But overall it will be a good opportunity to check in on the worlds 3rd largest economy.

Sticking with Japan, the Bank of Japan joins the Reserve Bank of Australia, and Bank of England, in releasing its monetary policy meeting minutes. All three will be relatively interesting; Japan's last meeting was held just after the Fed announced QEII, the RBA surprised the market with its rate hike after communicating a different message, and the BoE held fire on any adjustments to its asset purchase program - so we will watch these with great interest.

On a similar topic, a key feature of this week will be the inflation data releases. There's the UK with its October CPI and RPI, the EU with October CPI, ditto the US; and the US also has PPI and capacity utilisation stats out. So it will be a great chance to see if these developed nations are seeing any trends like the Chinese with their rapidly accelerating inflation.

Other key data releases this week include industrial production stats from Japan and the US. Foreign direct investment and the leading economic index from China. And US housing starts for the October month. There's also the banking conference on Friday which will be hosted by the ECB.

So as always, have a great week, watch out for surprises, and stay tuned for updates...

Sources
DailyFX www.dailyfx.com/calendar
Forex Pros www.forexpros.com/economic-calendar/
Forex Factory www.forexfactory.com/calendar.php
Bloomberg www.bloomberg.com
+various statistics websites and central bank websites for verification


Article Source: http://www.econgrapher.com/14nov-calendar.html

Posted-In: Forex Economics Pre-Market Outlook

 

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