Economic Calendar - 28 November 2010

Here's the Economic Calendar for the week commencing the 28th of November 2010. This week December starts! So the PMI data will start flowing with releases expected from China, Japan, the US, and the EU, among others. There's also some more GDP data out this week with Australia, Canada, and Switzerland announcing their Q3 results. In the US there's the S&P/Case-Shiller house price index, consumer confidence, nonfarm payrolls, and the Beige Book from the Fed.

(More commentary follows the table)

Day	GMT	Country/ Currency	Event	Forecast	Previous
SUN	21:45	NZD	Trade Balance [New Zealand dollars] [OCT]	-400M	-532M
SUN	21:45	NZD	Exports [New Zealand dollars] [OCT]	3.31B	3.16B
SUN	21:45	NZD	Imports [New Zealand dollars] [OCT]	3.78B	3.69B
SUN	23:50	JPY	Retail Trade [YoY] [OCT]	0.70%	1.40%
SUN	02:00	NZD	NBNZ Business Confidence [NOV]		23.70
MON	10:00	EUR	Euro-Zone Business Climate Indicator [NOV]	1.05	0.98
MON	10:00	EUR	Euro-Zone Consumer Confidence [NOV F]	-10.00	-10.00
MON	10:00	EUR	Euro-Zone Economic Confidence [NOV]	105.00	104.10
MON	10:00	EUR	Euro-Zone Industrial Confidence [NOV]	2.00	0.00
MON	10:00	EUR	Euro-Zone Services Confidence [NOV]	9.00	8.00
MON	13:30	CAD	Current Account [BoP] [Canadian dollar] [3Q]	-$15.2B	-$11.0B
MON	23:30	JPY	Jobless Rate [OCT]	5.00%	5.00%
MON	23:50	JPY	Industrial Production [MoM] [OCT P]	-3.20%	-1.60%
MON	23:50	JPY	Industrial Production [YoY] [OCT P]	3.10%	11.50%
MON	00:30	AUD	Current Account Balance [Australian Dollar] [3Q]	-6600M	-5640M
TUE	05:00	JPY	Housing Starts [YoY] [OCT]	9.70%	17.70%
TUE	05:00	JPY	Annualized Housing Starts [OCT]	0.840M	0.837M
TUE	05:00	JPY	Nomura/JMMA Manufacturing PMI [NOV]		47.20
TUE	08:55	EUR	German Unemployment Change [NOV]	-20K	-3K
TUE	10:00	EUR	Euro-Zone CPI Estimate [YoY] [NOV]	1.90%	1.90%
TUE	10:00	EUR	Euro-Zone Unemployment Rate [OCT]	10.10%	10.10%
TUE	11:00	EUR	Italian Unemployment Rate s.a. [OCT]	8.40%	8.30%
TUE	13:30	CAD	Gross Domestic Product [MoM] [SEP] [SEP]	0.10%	0.30%
TUE	13:30	CAD	Quarterly GDP Annualized [3Q]	1.50%	2.00%
TUE	14:00	USD	S&P/Case-Shiller Composite-20 [YoY] [SEP]	1.00%	1.70%
TUE	14:00	USD	S&P/Case-Shiller US Home Price Index [YoY]		3.60%
TUE	14:00	USD	S&P/Case-Shiller 20 City [MoM] s.a. [SEP]	-0.40%	-0.28%
TUE	15:00	USD	Consumer Confidence [NOV]	52.70	50.20
TUE	00:30	AUD	Gross Domestic Product [QoQ] [3Q]	0.50%	1.20%
TUE	00:30	AUD	Gross Domestic Product [YoY] [3Q]	3.40%	3.30%
TUE	01:00	CNY	PMI Manufacturing [NOV]	54.80	54.70
TUE	02:00	NZD	ANZ Commodity Price [NOV]		2.90%
TUE	02:30	CNY	HSBC Manufacturing PMI [NOV]	55.40	54.80
WED	07:00	GBP	Nationwide House Prices n.s.a. [YoY] [NOV]		1.40%
WED	07:00	GBP	Nationwide House Prices s.a. [MoM] [NOV]	-0.40%	-0.70%
WED	08:45	EUR	Italian PMI Manufacturing [NOV]	53.10	53.00
WED	08:50	EUR	French PMI Manufacturing [NOV F]	57.50	57.50
WED	08:55	EUR	German PMI Manufacturing [NOV F]	58.90	58.90
WED	09:00	EUR	Euro-Zone PMI Manufacturing [NOV F]	55.50	55.50
WED	09:30	GBP	Purchasing Manager Index Manufacturing [NOV]	54.70	54.90
WED	13:30	USD	Non-Farm Productivity [3Q] F	2.30%	1.90%
WED	13:30	USD	Unit Labor Costs [3Q F] [3Q] F	-0.20%	-0.10%
WED	15:00	USD	ISM Manufacturing [NOV]	56.50	56.90
WED	15:00	USD	Construction Spending [MoM] [OCT]	-0.40%	0.50%
WED	19:00	USD	Fed's Beige Book [DEC]
WED	00:30	AUD	Trade Balance [Australian dollar] [OCT]	2000M	1760M
WED	00:30	AUD	Retail Sales s.a. [MoM] [OCT]	0.40%	0.30%
THU	06:45	CHF	Gross Domestic Product [YoY] [3Q]	3.10%	3.40%
THU	06:45	CHF	Gross Domestic Product [QoQ] [3Q]	0.50%	0.90%
THU	08:15	CHF	Retail Sales [Real] [YoY] [OCT]		4.10%
THU	09:30	GBP	Purchasing Manager Index Construction [NOV]	51.30	51.60
THU	10:00	EUR	Euro-Zone Gross Domestic Product [QoQ] [3Q]	0.40%	0.40%
THU	10:00	EUR	Euro-Zone Gross Domestic Product [YoY] [3Q]	1.90%	1.90%
THU	10:00	EUR	Euro-Zone Producer Price Index [MoM] [OCT]	0.30%	0.30%
THU	10:00	EUR	Euro-Zone Producer Price Index [YoY] [OCT]	4.30%	4.20%
THU	12:45	EUR	European Central Bank Rate Decision [DEC]	1.00%	1.00%
THU	15:00	USD	Pending Home Sales [MoM] [OCT]	-1.00%	-1.80%
THU	15:00	USD	Pending Home Sales [YoY] [OCT]		-24.90%
THU	01:00	CNY	China Non-manufacturing PMI [NOV]		60.50
THU	02:30	CNY	China HSBC Services PMI [NOV]		56.40
FRI	05:00	EUR	German Retail Sales [MoM] [OCT]	1.20%	-1.70%
FRI	05:00	EUR	German Retail Sales [YoY] [OCT]	1.30%	0.40%
FRI	08:15	CHF	Consumer Price Index [MoM] [NOV]	0.10%	0.50%
FRI	08:15	CHF	Consumer Price Index [YoY] [NOV]	0.10%	0.20%
FRI	09:00	EUR	Euro-Zone PMI Composite [NOV F]	55.40	55.40
FRI	09:00	EUR	Euro-Zone PMI Services [NOV F]	55.20	55.20
FRI	10:00	EUR	Euro-Zone Retail Sales [MoM] [OCT]	0.20%	-0.20%
FRI	10:00	EUR	Euro-Zone Retail Sales [YoY] [OCT]	1.00%	1.30%
FRI	12:00	CAD	Net Change in Employment [NOV]	20.0K	3.0K
FRI	12:00	CAD	Unemployment Rate [NOV]	7.90%	7.90%
FRI	13:30	USD	Change in Private Payrolls [NOV]	153K	159K
FRI	13:30	USD	Change in Non-farm Payrolls [NOV]	142K	151K
FRI	13:30	USD	Unemployment Rate [NOV]	9.60%	9.60%
FRI	15:00	USD	ISM Non-Manufacutring Composite [NOV]	54.70	54.30
FRI	15:00	USD	Factory Orders [OCT]	-1.00%	2.10%

As noted it will be a big week for PMI (Purchasing Manager's Index) data releases. As can be seen in the table, results are due from the US, China, Japan, and throughout the EU. The results will provide a timely update, especially for the China and US results. I will be watching these two in particular very closely and will put out updates throughout the week. Consensus forecasts are picking a bit of an increase in China, and flat in the US, watch this space.

Australia will announce its 3rd quarter GDP result on Tuesday, with consensus picking slightly slower quarterly growth, and stronger year on year growth. Canada will also provide an update on its GDP results as will Switzerland and the wider EU. The EU is not expected to make an large revisions to its Q3 GDP results, but it will be worth a look, particularly on a country-by-country basis.

On the monetary policy front the European Central Bank meets on Thursday, and as usual the rate likely wont be moving, but it will be interesting to see what the ECB says given the rumblings in the EU sovereigns markets. As noted, the US Fed also releases the Beige book economic report this week, which will be interesting in light of the Fed's recent launch of QEII. Elsewhere in the world, Pakistan reviews rates on Monday, Thailand on Wednesday, and Indonesia on Friday; expecting only changes from Pakistan.

Apart from PMI, GDP, and monetary policy, some of the other interest data points out this week include: Japan industrial production (expected to slow), EU CPI and unemployment rate (expect little change), S&P Case-Shiller house price index (expect a monthly decline in Sep), US consumer confidence (expect an improvement), and of course US employment data for November with nonfarm payrolls expected to expand by a similar amount as October, and no change to the unemployment rate.

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/28nov-calendar.html

Economic Calendar - Week Starting 4 October 2010

Here's the Economic Calendar for the week commencing the 4th of October 2010. This week the main events are in the monetary policy and employment space. Firs up there's Japan with its monthly monetary policy meeting, then the RBA in Australia is expected to re-commence tightening, then the ECB and Bank of England meet on Thursday. On the employment front there's data from Australia, Canada, and the US with the much watched non-farm payrolls report. Also this week, the IMF will release its World Economic Outlook forecasts and commentary on Wednesday, shortly before the IMF annual meetings kick off in the coming weekend.

(More commentary follows the table)

Day	Time (GMT)	Code	Event/Release	Forecast	Previous
MON	EUR	09:00	Euro-Zone Producer Price Index (YoY) (AUG)	3.7%	4.0%
MON	USD	14:00	Pending Home Sales (YoY) (AUG)		-20.1%
MON	USD	14:00	Factory Orders (AUG)	0.0%	0.1%
MON	JPY		Bank of Japan Rate Decision (OCT 5)	0.10%	0.10%
MON	AUD	00:30	Retail Sales s.a. (MoM) (AUG)	0.4%	0.7%
MON	AUD	00:30	Trade Balance (Australian dollar) (AUG)	2300M	1888M
MON	AUD	03:30	Reserve Bank of Australia Rate Decision	4.75%	4.50%
TUE	CHF	07:15	Consumer Price Index (YoY) (SEP)	0.3%	0.3%
TUE	EUR	07:55	German PMI Services (SEP F)	54.6	54.6
TUE	EUR	08:00	Euro-Zone PMI Services (SEP F)	53.6	53.6
TUE	EUR	08:00	Euro-Zone PMI Composite (SEP F)
TUE	GBP	08:30	Purchasing Manager Index Services (SEP)	51.0	51.3
TUE	EUR	09:00	Euro-Zone Retail Sales (YoY) (AUG)		1.1%
TUE	USD	14:00	ISM Non-Manufacutring Composite (SEP)	52.0	51.5
TUE	USD	21:00	ABC Consumer Confidence (OCT 3)		-46
WED	EUR	09:00	Euro-Zone GDP s.a. (YoY) (2Q F)		1.9%
WED	EUR	09:00	Euro-Zone GDP s.a. (QoQ) (2Q F)	1.0%	1.0%
WED	EUR	10:00	German Factory Orders s.a. (MoM) (AUG)	1.0%	-2.2%
WED	USD	12:15	ADP Employment Change (SEP)	20K	-10K
WED	CAD	14:00	Ivey Purchasing Managers Index (SEP)	62.0	65.9
WED	GBP		NIESR GDP Estimate (SEP)		0.7%
WED	AUD	00:30	Employment Change (SEP)	20.0K	30.9K
WED	AUD	00:30	Unemployment Rate (SEP)	5.1%	5.1%
THU	GBP	08:30	Industrial Production (YoY) (AUG)	4.2%	1.9%
THU	EUR	10:00	German Industrial Production (YoY) (AUG)		10.9%
THU	GBP	11:00	Bank of England Rate Decision (OCT 7)	0.50%	0.50%
THU	GBP	11:00	Bank of England Asset Purchase Target	200B	200B
THU	EUR	11:45	European Central Bank Rate Decision (OCT)	1.00%	1.00%
THU	USD	12:30	Initial Jobless Claims (OCT 2)	453K	453K
THU	USD	19:00	Consumer Credit (AUG)	-$3.0B	-$3.6B
THU	CNY	02:30	China HSBC Services PMI (SEP)		57.6
FRI	EUR	06:00	German Exports s.a. (MoM) (AUG)	-0.8%	-1.6%
FRI	EUR	06:00	German Imports s.a. (MoM) (AUG)	0.4%	-2.2%
FRI	GBP	08:30	Producer Price Index Input n.s.a. (YoY) (SEP)	8.6%	8.1%
FRI	GBP	08:30	PPI Output Core n.s.a. (YoY) (SEP)	4.3%	4.6%
FRI	CAD	11:00	Net Change in Employment (SEP)	10.0K	35.8K
FRI	CAD	11:00	Unemployment Rate (SEP)	8.0%	8.1%
FRI	USD	12:30	Change in Non-farm Payrolls (SEP)	5K	-54K
FRI	USD	12:30	Average Hourly Earning All Employees (MoM)	0.2%	0.3%
FRI	USD	12:30	Change in Private Payrolls (SEP)	82K	67K
FRI	USD	12:30	Unemployment Rate (SEP)	9.7%	9.6%
FRI	USD	12:30	Average Weekly Hours All Employees (SEP)	34.2	34.2
	All		IMF Meetings

Starting off with the monetary policy events, the Bank of Japan of course wont touch interest rates, if anything they might look to do additional stimulus to get the economy moving and attack the persistent deflation problem - it will also be interesting to see what they say about the yentervention . The Reserve Bank of Australia will also come firmly into the spotlight as the consensus is growing toward seeing another interest rate increase... remember this time last year it kicked off the tightening cycle - dejavu anyone? The ECB probably wont do much, but it always puts out some insightful commentary, and the Bank of England could well release more stimulus - in preference of addressing the economic growth risks vs the inflation risks.

On the jobs front, Australia is up first, and is expected to show jobs growth around 20k vs 30.9k in August, as the lucky country's economy goes from strength to strength on the back of a strong resources sector that is likely to only grow in strength (as long as commodity prices stay right... and the Aussie dollar for that matter). In Canada it's a similar story, the resources sector is going strong and jobs growth is expected to come in at 10k vs 35.8k in August. Meanwhile in the US, consensus is for about 5k on the headline payrolls figure vs -54k in Aug, while the private payrolls number is expected to be about 82k vs 67k in Aug... still nothing to write home about in the context of the net negative jobs growth over the past decade.

Elsewhere there's a few data points out on Germany this week including the PMI numbers, factory orders (expected to increase), industrial production, and exports and imports data. There's also producer price index info from the EU and UK. Also among the remaining PMI data to be released this week for September, there's the US non-manufacturing composite, and the China HSBC services PMI; both of which will be critical data points to be across in terms of monitoring the two largest economies. In the US there's also consumer credit data due out for August, as well as pending home sales and the ABC consumer confidence index.

Another interesting feature of this week will be the IMF (International Monetary Fund), with the respected World Economic Outlook due to be released on Wednesday, and the IMF annual meetings in the coming weekend. While its unlikely to be too much more than a talk-fest, it will be worth monitoring what they have to say.

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/4oct-calendar.html

Economic Calendar - 2 August 2010

Here's the Economic Calendar for the week commencing the 2nd of August 2010. This week there's US ISM PMI for July, following China's weekend release of their PMI numbers. On the monetary policy front, there's the RBA, BoE, and ECB all meeting this week to review policy settings. It's also a big employment numbers week, with the US (nonfarm payrolls), Canada, and New Zealand releasing their recent employment statistics.

(More commentary follows the table)

Day	Time (GMT)	Code	Event/Release	Forecast	Previous
MON	03:00	NZD	ANZ Commodity Price (JUL)		-1.2%
MON	08:30	GBP	Purchasing Manager Index Manufacturing (JUL)		57.5
MON	14:00	USD	ISM Prices Paid (JUL)		57
MON	14:00	USD	ISM Manufacturing (JUL)		56.2
MON	14:00	USD	Construction Spending (MoM) (JUN)		-0.2%
TUE	01:30	AUD	Retail Sales s.a. (MoM) (JUN)		0.2%
TUE	04:30	AUD	Reserve Bank of Australia Rate Decision (AUG 3)	4.50%	4.50%
TUE	09:00	EUR	Euro-Zone Producer Price Index (MoM) (JUN)		0.3%
TUE	09:00	EUR	Euro-Zone Producer Price Index (YoY) (JUN)		3.1%
TUE	12:30	USD	Personal Consumption Expenditure (YoY) (JUN)		1.3%
TUE	12:30	USD	Personal Income (JUN)	0.30%	0.4%
TUE	12:30	USD	Personal Spending (JUN)	0.20%	0.2%
TUE	12:30	USD	Personal Consumption Expenditure (MoM) (JUN)	0.20%	0.2%
TUE	21:00	USD	Domestic Vehicle Sales (JUL)		8.57M
TUE	21:00	USD	Total Vehicle Sales (JUL)		11.08M
WED	01:30	AUD	Trade Balance (Australian dollar) (JUN)		1645M
WED	01:30	AUD	House Price Index (QoQ) (2Q)		4.8%
WED	09:00	EUR	Euro-Zone Retail Sales (MoM) (JUN)		0.2%
WED	09:00	EUR	Euro-Zone Retail Sales (YoY) (JUN)		0.3%
WED	14:00	USD	ISM Non-Manufacutring Composite (JUL)		53.8
WED	22:45	NZD	Employment Change (QoQ) (2Q)		1.0%
WED	22:45	NZD	Unemployment Rate (2Q)		6.0%
THU	01:30	AUD	Reserve Bank Quarterly Monetary Policy Statement
THU	11:00	GBP	Bank of England Rate Decision (AUG)	0.50%	0.50%
THU	11:00	GBP	Bank of England Asset Purchase Target AUG	200B	200B
THU	11:45	EUR	European Central Bank Rate Decision (AUG)	1.00%	1.00%
FRI	04:00	GBP	NIESR Gross Domestic Product Estimate (JUL)		0.7%
FRI	08:30	GBP	Producer Price Index Input n.s.a. (YoY) (JUL)		10.7%
FRI	08:30	GBP	Industrial Production (YoY) (JUN)		2.6%
FRI	08:30	GBP	Producer Price Index Output n.s.a. (YoY) (JUL)		5.1%
FRI	09:00	EUR	Italian Gross Domestic Product (QoQ) (2QP)		0.4%
FRI	09:00	EUR	Italian Gross Domestic Product (YoY) (2Q P)		0.5%
FRI	10:00	EUR	German Industrial Production (YoY) (JUN)		12.4%
FRI	11:00	CAD	Unemployment Rate (JUL)		7.9%
FRI	11:00	CAD	Net Change in Employment (JUL)		93.2K
FRI	12:30	USD	Unemployment Rate (JUL)		9.5%
FRI	12:30	USD	Change in Non-farm Payrolls (JUL)		-125K
FRI	14:00	CAD	Ivey Purchasing Managers Index (JUL)		58.9
FRI	19:00	USD	Consumer Credit (JUN)		-$9.1B

One of the key statistics out this week will be the ISM Purchasing Manager Index for July. This will be one to watch closely for more clues on how things are tracking 1 month into the second half of this year. It will also be interest to see in the context of China just releasing their PMI number in the weekend; recording 51.2, down from 52.1, as seasonal and government factors put the brakes on activity slightly.

In monetary policy it is likely to be a boring week in spite of the three high profile central banks meeting this week. The RBA is unlikely to increase the interest rate, instead opting to wait and see. The Bank of England wont be tightening just yet (and further easing is pretty low probability). The ECB will likewise just sit on their hands, but of course the accompanying statement will be very informative as usual.

On the employment front, the much watched US nonfarm payrolls figure will also add further clues to the state of the US economy - will we see a pick up? or will further signs of a double-dip show through? Canada will also report, but is in a better position than the US. New Zealand will also release its quarterly employment report, and will likely show further improvement.

Elsewhere, statistics releases of interest this week include; US consumer credit (a good update on this sector - expect continued weakness), Aussie retail sales and EU retail sales, producer price index for the EU and UK, and Italian Q2 GDP - as well as the July estimate for the UK; there's also the US personal consumption expenditure report.

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/2aug-calendar.html