Article by ForexTime
The US nonfarm payrolls report will no doubt be the highlight of the coming week but also all eyes will be on the ECB on Thursday, as it is widely expected to announce more stimulus measures.
The first data point out on Monday will be business inventory and new home sales data out of Australia.
Japan sees the publication of industrial output, housing starts and retail sales numbers.
Germany will publish preliminary inflation numbers are retail sales data.
In the UK, mortgage approval figures and M4 money supply information are issued.
Current account information are meanwhile published in Canada.
Tuesday sees some important manufacturing PMI data being released worldwide throughout the day.
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Meanwhile, the first data out in the Asian session comes from Australia, which includes building permit and current account numbers. But the main focus will be on the Reserve Bank of Australia which will announce its latest monetary policy decision. Japan releases final manufacturing PMI. China publishes manufacturing and services PMI data.
Later in the European session, unemployment figures are meanwhile updated for the Eurozone. Also, final manufacturing PMI numbers are out in the UK and Eurozone.
The ISM manufacturing PMI out of the US will also be closely watched, as well as the RBC manufacturing PMI for Canada.
On Wednesday, Australia issues third quarter GDP numbers.
Inflation data are meanwhile issued by Eurostat for the Eurozone. Also out in the European session will be the latest Markit/CIPS UK Construction PMI is published.
Later in the North American session, the Bank of Canada announces its latest monetary policy decision while in the US, ADP employment numbers will be issued.
On Thursday, Australia publishes trade balance data.
The Eurozone issues retail sales data and services PMI data but the highlight of the day will be the European Central Bank policy meeting and its announcement of its latest monetary policy decision.
The UK releases services PMI data.
Factory orders and initial jobless claims figures are published in the US. Also non-manufacturing ISM PMI data are due. A testimony by Federal Reserve Chair Janet Yellen will be closely watched for any clues regarding the Fed’s policy outlook and increasing interest rates.
On Friday, Australia publishes the latest retail sales data while Japan updates consumer confidence data.
Retail sales PMI data are issued for the Eurozone. Germany sees the release of factory orders data and construction PMI results.
Unemployment and trade numbers are issued in Canada. However the more important jobs report will be out of the US as the non-farm payrolls data will be released. The consensus is for a 200,000 increase with the unemployment rate holding at 5.0%.
Article by ForexTime
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