by Chris Becker
Here’s this week’s data/event calendar, which you can also find here linked on our sidebar.
Locally, its a quieter week, with a public holiday (for some!) today, the always important lending finance (news to mainstream economists) tomorrow and the Reserve Bank of New Zealand meeting on Thursday to probably keep cash rate steady at 2.5%, although the bubbling house market in NZ does need some tightening soon…
Internationally, its CPI and industrial production week, with the usual weekly US jobless claims. Friday will again be the most important day to watch, with the Empire Manufacturing survey and US industrial production figures to gain an insight into the US economy, but the real engine is as always the US consumer, with sentiment figures released also.
Data for the Week ending 15th June 2012:
From the Australian Bureau of Statistics (ABS):
Tuesday: Lending finance for April
Wednesday: Mineral and petroleum production for March
From the Reserve Bank of Australia (RBA):
Tuesday: Credit card and ATM statistics
Wednesday: Captain Glenn speaks at Gillard Economic Forum
Other Local and New Zealand data
Tuesday: NAB Business Conditions, NZ house prices (REINZ)
Wednesday: Manpower Survey, Westpac consumer confidence and inflation expectations
Thursday: RBNZ cash rate announcement (expected to hold at 2.5%)
Friday: NZ Business PMI, ANZ and Westpac Consumer confidence Index – NZ
International:
Monday: Italian 1Q forecast GDP (-1.3% expected)
Tuesday: US Import price index, NFIB small business optimism and Redbook/Goldman retail sales, GB Industrial production (0.1% for April expected)
Wednesday: EMU Industrial Production (-1.2% expected for April), US PPI (-0.6% expected for May) and Retail sales (-0.2% expected for May)
Thursday: Bank of Japan announcement, EMU harmonised CPI (-0.2% expected for May), US jobless claims, CPI and current account
Friday: Italian/GB/EMU merchandise trade, US Empire State Manufacturing Survey, Industrial production and consumer sentiment
Schedule of European debt auctions:
