With the local corporate earnings season over, its another big week for local and international data, to say the least.
In Australia, results will pivot around the employment figures on Thursday, released after the RBA meets on Tuesday, with most pundits betting the Reserve Bank will hold interest rates. National Accounts data will round out the macro picture – Are we actually growing “at trend”? (more importantly, do we still need to grow?)
I’ll be covering the RBA Chart Pack as usual on Wednesday.
Further afield, the international data becomes heavier later in the week (thankfully), with the UK, ECB and NZ reserve banks all deciding on interest rates and the usual weekly brace of data from the US including unemployment.
This is going to be a busy one to cover!
From the Australian Bureau of Statistics (ABS):
Monday: Business Indicators (quarterly)
Tuesday: Bogan Exodus Indicators, Balance of Payments/Current Account (Dec 2011 qtr)
Wednesday: National Accounts (Dec 2011 qtr)
Thursday: Labour Force (Feb 2012)From the Reserve Bank of Australia (RBA):
Tuesday: Meeting/Cash Rate Statement
Wednesday: Chart PackOther Local and New Zealand data
Monday: AIG Services Index, ANZ Job Ads, NZ Trade Balance
Wednesday: RBNZ Meeting/Cash Rate StatementInternational:
Monday: EU Services PMI/Retail Sales, UK Services PMI
Tuesday: US ISM Non-manufacturing PMI/Factory Orders
Wednesday: German Factory Orders
Thursday: US ADP non-farm employment/Crude oil inventories, Japan Final GDP (quarterly), German industrial production, UK BOE Official Cash Rate/Asset Purchase, EU Minimum Bid Rate/ECB Press Conference
Friday: China CPI and PPI (yearly), French industrial production, UK PPI/Trade Balance, US Trade Balance/Unemployment Rate/Average hourly earnings