by Chris Becker
Here’s this week’s data/event calendar, which you can also find here. Locally, this will probably be a watershed week as we are able to glimpse into what happened in April – did we hear a snap, crackle or pop? Again, the Houses and Holes economy dominates, so a close look at Retail Sales, Building Approvals, Private Credit and Commodity Prices all in the week!! In fact, all local data is a must watch.
If that wasn’t enough, its an even bigger week internationally, with house price indices for US, UK and EMU, which will be interesting to say the least, then official manufacturing PMI’s for the same regions (including the all important ISM Survey), including a preliminary GDP print for the US. If that wasn’t enough we see the official US unemployment rate – expected to stay at 8.1%
What a week!
Data for the Week ending 1st June 2012:
From the Australian Bureau of Statistics (ABS):
Wednesday: 1Q Construction, April Retail SalesThursday: April Building Approvals, March Capital Expenditure, March Managed Funds
From the Reserve Bank of Australia (RBA):
Thursday: Lending and Credit Aggregates, Financial Aggregates, Bank Lending by sector, Commodity PricesOther Local and New Zealand data
Tuesday: HIA New Home SalesThursday: AIG PMI for May, RPData-Rismark April House prices
International:
Tuesday: Japan retail sales and unemployment, US Case-Shiller House Price index, US Dallas Fed Manufacturing
Wednesday: EMU M3 Money Supply, US RedbookThursday: German retail sales, Italian CPI, EMU House Price index, US GDP (preliminary), US jobless claims, US Chicago PMI, Bloomberg Consumer Comfort Index
Friday: US unemployment rate (8.1% expected), US ISM Manufacturing, German/UK/EMU PMI Manufacturing, Italian unemployment
Schedule of European debt auctions:
