Here's the Economic Calendar for the week commencing 12 April 2010. The big data out this week is the China update. China puts out basically all its key stats in one week (GDP, CPI, industrial production, retail sales, etc). There's also industrial production figures out from the US, EU, and Japan, so it will be an interesting week in terms of the manufacturing sector. There's also key inflation updates with CPI due from the US and EU.
(More commentary follows the table)
| Day | Time (GMT) | Code | Event/Release | Forecast | Previous |
| MON | 8:15 | CAD | Housing Starts | 201K | 197K |
| MON | 14:30 | CAD | Business Outlook Future Sales | 49 | |
| MON | JPY | Bank of Japan Meeting Minutes | |||
| MON | AUD | Home Loans | -0.90% | -7.90% | |
| MON | CNY | New Loans | 700B | ||
| TUE | 12:30 | USD | Trade Balance | -$39.0B | -$37.3B |
| TUE | 12:30 | CAD | International Merchandise Trade | $0.7B | $0.8B |
| TUE | 22:45 | NZD | Retail Sales | 0.20% | 0.80% |
| WED | 0:30 | AUD | Westpac Consumer Confidence | 117.3 | |
| WED | 9:00 | EUR | Industrial Production | 0.10% | 1.50% |
| WED | 12:30 | USD | Retail Sales | 1.00% | 0.30% |
| WED | 12:30 | USD | Consumer Price Index | 2.40% | 2.10% |
| WED | 22:00 | CNY | Consumer Price Index | 2.60% | 2.70% |
| WED | 22:00 | CNY | Gross Domestic Product (Q1) | 11.70% | 10.70% |
| WED | 22:00 | CNY | Industrial Production | 18.20% | 20.70% |
| WED | 22:00 | CNY | Fixed Asset Investment | 26.10% | 26.60% |
| WED | 22:00 | CNY | Retail Sales | 18.10% | 17.90% |
| THU | 4:30 | JPY | Industrial Production | -0.90% | |
| THU | 13:15 | USD | Industrial Production | 0.60% | 0.10% |
| THU | 22:00 | NZD | House Price Index | 0.40% | |
| FRI | 9:00 | EUR | Consumer Price Index | 1.50% | 1.50% |
| FRI | 13:55 | USD | U. of Michigan Confidence | 75 | 73.6 |
The China updates are always great for getting a good broad gauge on how that economy is tracking. The pick is for GDP to grow in double digits - which is probably right, and the pick for CPI is 2.6% - which may be a bit low. Of course you always need to compare the figures to what's been going on recently; you can find a few China charts in the graph library.
On Industrial Production, the figures from Japan will probably be most interesting for any clues about a broadening of the trade-driven recovery there. In the US there is likely to be a pick up; as pointed to by the ISM PMI figures. While in the EU, Germany will likely drive a small pick up in aggregate manufacturing activity.
On the inflation front it will also be interesting to get inflation stats from the big three economies. China is probably the one with the most inflationary pressure at present. However the US is at risk of a pick up in inflation, especially imported inflation is the Yuan strengthens and makes Chinese imports more expensive. Meanwhile the Euro zone is not yet seeing any broad based inflationary pressure.
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/12apr-calendar.html
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