Here's the Economic Calendar for the week commencing the 7th of November 2010. This week is a China week, there's the monthly trade data for October, and the usual suite of CPI, retail sales, industrial production, fixed asset investment, and property prices. Other than that the big ones will be EU Q3 GDP, trade balances and industrial production data from a few countries, and the G-20 Summit in Seoul.
(More commentary follows the table)
| Day | GMT | Country/ Currency | Event | Forecast | Previous |
| MON | 07:00 | EUR | German Exports s.a. (MoM) (SEP) | 1.5% | -0.4% |
| MON | 07:00 | EUR | German Imports s.a. (MoM) (SEP) | 1.0% | 0.9% |
| MON | 07:00 | EUR | German Current Account (euros) (SEP) | 9.0B | 4.6B |
| MON | 07:00 | EUR | German Trade Balance (euros) (SEP) | 12.0B | 9.0B |
| MON | 11:00 | NZD | QV House Prices (YoY) (OCT) | 2.0% | |
| MON | 11:00 | EUR | German Industrial Production (YoY) (SEP) | 9.5% | 10.7% |
| MON | 23:50 | JPY | Current Account Total (Yen) (SEP) | ¥1684.3B | ¥1114.2B |
| TUE | 07:00 | EUR | German Consumer Price Index (YoY) (OCT) | 1.3% | 1.3% |
| TUE | 09:30 | GBP | Total Trade Balance (Pounds) (SEP) | -£4500 | -£4643 |
| TUE | 09:30 | GBP | Industrial Production (YoY) (SEP) | 3.6% | 4.2% |
| TUE | 12:30 | USD | NFIB Small Business Optimism (OCT) | 89 | |
| TUE | 15:00 | USD | Wholesale Inventories (SEP) | 0.6% | 0.8% |
| TUE | 20:00 | NZD | RBNZ Financial Stability Report | ||
| TUE | 20:00 | AUD | RBA Financial Stability Report | ||
| TUE | 22:00 | USD | ABC Consumer Confidence (NOV 7) | ||
| TUE | CNY | Trade Balance (USD) (OCT) | 25.50B | $16.88B | |
| TUE | CNY | Exports (YoY) (OCT) | 23.0% | 25.1% | |
| TUE | CNY | Imports (YoY) (OCT) | 28.1% | 24.1% | |
| WED | 05:00 | JPY | Consumer Confidence (OCT) | 40.8 | 41.4 |
| WED | 07:45 | EUR | French Industrial Production (YoY) (SEP) | 4.7% | 3.2% |
| WED | 09:00 | EUR | Italian Industrial Production (YoY) (SEP) | 7.0% | 9.5% |
| WED | 10:30 | GBP | Bank of England Quarterly Inflation Report | ||
| WED | 13:30 | CAD | International Merchandise Trade (SEP) | -1.5B | -1.3B |
| WED | 13:30 | USD | Trade Balance (SEP) | -$45.0B | -$46.3B |
| WED | 13:30 | USD | Import Price Index (YoY) (OCT) | 3.6% | 3.5% |
| WED | 19:00 | USD | Monthly Budget Statement (OCT) | -$152.0B | -$176.4B |
| WED | 23:50 | JPY | Machine Orders (YoY) (SEP) | 4.9% | 24.1% |
| WED | USD | G20 Summit Held in Seoul, South Korea | |||
| WED | 00:30 | AUD | Unemployment Rate (OCT) | 5.0% | 5.1% |
| WED | 00:30 | AUD | Employment Change (OCT) | 20.0K | 49.5K |
| WED | 02:00 | CNY | Consumer Price Index (YoY) (OCT) | 4.0% | 3.6% |
| WED | 02:00 | CNY | Retail Sales (YoY) (OCT) | 18.8% | 18.8% |
| WED | 02:00 | CNY | Industrial Production (YoY) (OCT) | 13.5% | 13.3% |
| WED | 02:00 | CNY | Fixed Assets Inv Urban YTD YoY (OCT) | 24.4% | 24.5% |
| WED | 02:00 | CNY | Producer Price Index (YoY) (OCT) | 4.5% | 4.3% |
| THU | 21:00 | NZD | REINZ Housing Price Index (MoM) (OCT) | -0.3% | |
| THU | CNY | China Property Prices (OCT) | 9.1 | ||
| THU | USD | G20 Summit Held in Seoul, South Korea | |||
| THU | 00:01 | GBP | Nationwide Consumer Confidence (OCT) | 54 | 53 |
| FRI | 10:00 | EUR | Euro-Zone Industrial Production (YoY) (SEP) | 7.9% | |
| FRI | 10:00 | EUR | Euro-Zone Gross Domestic Product (QoQ) | 1.0% | |
| FRI | 10:00 | EUR | Euro-Zone Gross Domestic Product (YoY) | 1.9% | |
| FRI | 14:55 | USD | U. of Michigan Confidence (NOV P) |
As noted China is the star of the week, with its monthly data dump. First up will be the export/import data for Oct; with imports projected to grow faster on an annual basis but for continued expansion in the trade surplus. Then later in the week there's the big release from the National Bureau of Statistics; the one to watch will be inflation, with consensus seeing a rise to 4% (which shouldn't surprise any of my regular readers). Industrial production will also be a key stat - with the PMI figures out last week pointing to a continued rebound. Then the following day has China Property Prices, which will be interesting to check in on.
Of course the other interesting bit out this week will be the GDP figures from the Euro Zone for the September quarter. Of course the report also shows the individual growth rates of the member nations, so this will be a pretty good check up for the EU. Another check point for the EU this week will be the industrial production figures (France, Italy, UK, Germany), and trade stats from Germany.
Speaking of trade and international flows, aside from Germany and China, Japan will release current account data, the UK will announce its trade deficit figures, and the US will also release the details of its September trade balance. Elsewhere, in the monetary policy realm, the Reserve Banks of New Zealand and Australia will release their financial stability reports; which will add insight into the financial systems of Australasia.
So as always, have a great week, watch out for surprises, and stay tuned for updates...
Sources
DailyFX www.dailyfx.com/calendar
Forex Pros www.forexpros.com/economic-calendar/
Forex Factory www.forexfactory.com/calendar.php
Bloomberg www.bloomberg.com
+various statistics websites and central bank websites for verification
Article Source: http://www.econgrapher.com/7nov-calendar.html
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