The Week Ahead – Everything You Need to Know

September 11, 2016

  1. On Tuesday 1:30 GMT Australia NAB Business Confidence will be published. The data is expected to rise to 6 from the previous month of 4.
  2. On Tuesday 8:30 GMT UK Inflation Rate will be released and forecasts to remain unchanged at 0.6%. Price growth is forecast to be 1.4% from 1.3% in July.
  3. German Zew Index will be published on Tuesday at 9:00 GMT. It is expected to rise to 2.6 from 0.5 in the previous month.
  4. On Wednesday at 00:30 GMT Australia Consumer Confidence Index for September is expected to rise to 3.7% from 2.00%.
  5. UK Claimant Count Change & Unemployment Rate will be released on Wednesday at 8:30 GMT. Figure for August UK Claimant Count Change is expected to be down 800 compare to a decrease of 8600 in July. Unemployment rate forecasts to rise to 5.00% from 4.9% in the previous month.
  6. EIA Crude Inventories will be released on Wednesday at 14:30 GMT. The crude inventory report is expected to remain unchanged.
  7. On Thursday at 1:30 GMT Australia employment change and Unemployment rate will be released. Figure for August employment change is forecast to rise by 10,000 compare to 26,200 new jobs in July. Unemployment rate is expected to hold steady at 5.7%.
  8. UK August Retail Sales will be release on Thursday at 8:30 GMT. The data is forecast to fall by 0.4% compare to 1.4% growth in July.
  9. UK Interest Rate Decision, MPC Meeting Minutes, BoE Quantitative easing and BoE Meeting. On Thursday at 11:00 GMT markets will be focus on BoE stimulus program plans. UK interest rate is expected to remain unchanged at 0.25% and  Quantitative easing is also forecast to remain unchanged at 435B. No policy changes from BoE are expetected but hints for further decisions by UK policy makers will be in focus.
  10. US Retail Sales will be released on Thursday at 12:30 GMT. Retail Sales are forecast to rise by 0.2% compare to 0.0% the previous month.
  11. On Friday US CPI will be released at 12:30 GMT. YoY core inflation rate is expected to rise by 2.1% compare to 2.2% in July while overall inflation rate for August is expected to rise to 0.9% compare to 0.8% in the previous month.
  12. US Michigan Consumer Confidence will be published on Friday at 12:30 GMT. Forecast to decrease slightly to 89.5 compare to 89.8 from the final report in August.

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