Article by ForexTime
A series of important economic data to watch out for next week include updates on inflation, employment and households’ financial situations in the United Kingdom. Industrial production numbers are due from across Europe and the United States, with the Eurozone also seeing updated inflation data.
The start of the trading week will be a little quiet as Monday is a bank holiday in Japan, Canada and the US.
Tuesday sees the publication of the National Australia Bank business confidence survey results for Australia. Later in the day, inflation numbers are released from Spain, Italy, the UK and France. German ZEW economic sentiment data are also important to look out for. Meanwhile, the Eurozone industrial production numbers are to be published.
On Wednesday focus will be on the UK which releases the Household Finance Index compiled by Markit followed by UK jobs data. (the claimant count change is of particular importance). On the same day Chinese and German CPI are important to watch.
On Thursday a final revision of Eurozone CPI is out as well as the region’s trade balance figures. In the North American session, manufacturing sales numbers are issued in Canada, whereas in the US, initial jobless claims, the NAHB Housing Market Index and industrial production numbers are out.
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To end the trading week, in Canada, inflation numbers are released and US housing starts data are issued for the US. The University of Michigan consumer sentiment report is important. A speech by Fed Chair Janet Yellen will also be closely watched on Friday.
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