Economic Calendar - Week Starting 17 October 2010

Here's the Economic Calendar for the week commencing the 17th of October 2010. This week China takes the stage with its monthly main economic indicators release; of course as it is also a quarter end there will be GDP data as well. Elsewhere the Bank of Canada will announce its interest rate decision on Tuesday, and the RBA and BoE will release monetary policy meeting minutes and the Fed will release its Beige Book. Also on the radar is the G-20 Summit of Finance Ministers and Central Bank Governors on Thursday.

(More commentary follows the table)

Day	Time (GMT)	Code	Event/Release	Forecast	Previous
SUN	21:45	NZD	Consumer Prices Index (QoQ) (3Q)	1.0%	0.3%
SUN	21:45	NZD	Consumer Prices Index (YoY) (3Q)	1.5%	1.8%
MON	13:15	USD	Industrial Production (SEP)	0.2%	0.2%
MON	13:15	USD	Capacity Utilization (SEP)	74.8%	74.7%
MON	00:30	AUD	Reserve Bank's Board October Minutes
TUE	08:00	EUR	Euro-Zone Current Account n.s.a.		3.7B
TUE	08:00	EUR	Euro-Zone Current Account s.a.		-3.8B
TUE	09:00	EUR	Euro-Zone Construction Output (YoY)		-7.5%
TUE	12:30	USD	Housing Starts (SEP)	583K	598K
TUE	12:30	USD	Housing Starts (MoM) (SEP)	-2.6%	10.5%
TUE	12:30	USD	Building Permits (SEP)	575K	571K
TUE	12:30	USD	Building Permits (MoM) (SEP)	0.7%	1.8%
TUE	13:00	CAD	Bank of Canada Rate Decision	1.00%	1.00%
TUE	21:00	USD	ABC Consumer Confidence
WED	05:00	JPY	Coincident Index (AUG F) (AUG F)
WED	05:00	JPY	Leading Index (AUG F) (AUG F)
WED	08:30	GBP	Bank of England Minutes (OCT 20)
WED	18:00	USD	Fed's Beige Book (OCT 20)
WED	02:00	CNY	Real GDP YoY (3Q)	9.5%	10.3%
WED	02:00	NZD	Consumer Confidence Index (OCT)		116.4
WED	02:00	CNY	Producer Price Index (YoY) (SEP)	4.1%	4.3%
WED	02:00	CNY	GDP Year-to-Date (YoY) (3Q)	10.5%	11.1%
WED	02:00	CNY	Purchasing Price Index (YoY) (SEP)		7.5%
WED	02:00	CNY	Consumer Price Index (YoY) (SEP)	3.6%	3.5%
WED	02:00	CNY	Retail Sales (YoY) (SEP)	18.5%	18.4%
WED	02:00	CNY	Retail Sales YTD YoY (SEP)	18.3%	18.2%
WED	02:00	CNY	Industrial Production (YoY) (SEP)	14%	13.9%
WED	02:00	CNY	Industrial Production YTD YoY (SEP)	16.3%	16.6%
WED	02:00	CNY	Fixed Assets Inv Urban YTD YoY (SEP)	24.6%	24.8%
THU	04:30	JPY	All Industry Activity Index (MoM) (AUG)	-0.4%	1.00%
THU	06:15	CHF	Trade Balance (Swiss franc) (SEP)	1.20B	0.58B
THU	08:30	GBP	Retail Sales (YoY) (SEP)	2.0%	1.9%
THU	08:30	GBP	Retail Sales with Auto Fuel (YoY) (SEP)	0.9%	0.4%
THU	12:30	USD	Initial Jobless Claims (OCT 16)	453K	462K
THU	12:30	USD	Continuing Claims (OCT 9)	4420K	4399K
THU	14:00	EUR	Euro-Zone Consumer Confidence (OCT A)	-11	-11
THU			G-20 Finance Ministers, C.Bank Governors
FRI		CAD	Consumer Price Index (MoM) (SEP)	0.1%	-0.1%
FRI		CAD	Consumer Price Index (YoY) (SEP)	1.9%	1.7%
FRI		CAD	Bank Canada CPI Core (MoM) (SEP)	0.3%	0.1%
FRI		CAD	Bank Canada CPI Core (YoY) (SEP)	1.6%	1.6%

As noted the main even this week is the China data; China's Q3 GDP will be closely watched and is forecast to come in around 9.5% (down slightly on previous 10.3%). The other bits to watch will be the CPI figures (expected to rise to 3.6%), as latent inflationary pressures are surely likely to flow through soon. Then of course there's also industrial production, retail sales, and fixed asset investment.

In monetary policy, the Bank of Canada is set to review monetary policy this week, with the consensus for a hold at 1.00%. The Reserve Bank of Australia and the Bank of England will release their latest monetary policy meeting minutes, and the US Federal Reserve will release its Beige Book report on the economy - something that will likely be read with much interest in the backdrop of speculation around a second round of quantitative easing.

On the topic of central banking there will be a high level summit of central bankers hosted by the IMF and the Peoples Bank of China in Shanghai on Monday (with a focus on macroprudential policies). Then there's the G-20 summit of finance ministers and central bank governors on Thursday, which will be a key forum as policy makers try to ensure a continuation of the economic recovery - without falling into the trap of a race to the bottom with currency wars and protectionism.

Other key features of the week will be CPI figures from Canada (expected to be about 1.9% y/y) and New Zealand (expected to be about 1.5% y/y). Also in the US there's industrial production and capacity utilisation figures on Monday; and housing starts, permits, and ABC consumer confidence on Tuesday.

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/17oct-calendar.html

Econ Grapher - Economic Calendar - 19 April 2010

Here's the Economic Calendar for the week commencing 19 April 2010. The key data out this week is UK GDP, New Zealand CPI, Bank of Canada Monetary Policy decision, EU consumer confidence, and US home sales data and durable goods orders. But also on the radar this week is the April 2010 IMF World Economic Outlook (and the IMF Global Financial Stability report, due out the day before) which is always a tremendous resource for global economic analysis (the 3rd and 4th analytical chapters are already up here and look at unemployment dynamics during recessions and recoveries, and transitioning out of sustained current account surpluses). Also in the IMF sphere are the G20 and IMF/World Bank meetings on Friday and Saturday this week.

(More commentary follows the table)

Day	Time (GMT)	Code	Event/Release	Forecast	Previous
MON	22:45	NZD	Consumer Price Index	2.3%	2.0%
MON	5:00	JPY	Consumer Confidence		40
TUE	13:00	CAD	Bank of Canada i-rate decision	0.3%	0.3%
TUE	8:30	GBP	Consumer Price Index	3.2%	3.0%
TUE	1:30	AUD	RBA Meeting Minutes
WED	8:30	GBP	Jobless Claims Change		-32.3K
WED	8:30	GBP	BoE Meeting Minutes
WED	23:50	JPY	Merchandise Trade Balance	975.4B	649.6B
WED			IMF World Economic Outlook
THU	8:00	EUR	Euro-Zone Government Debt-GDP		69.3%
THU	12:30	USD	Producer Price Index	6.1%	4.4%
THU	14:00	USD	Existing Home Sales	5.6%	-0.6%
THU	14:00	EUR	Euro-Zone Consumer Confidence	(17)	(17)
FRI	8:30	GBP	Gross Dometic Product Q1	0.4%	0.4%
FRI	12:30	CAD	Retail Sales	0.0%	0.7%
FRI	8:00	EUR	German IFO Business Climate	98.7	98.1
FRI	11:00	CAD	Consumer Price Index	1.6%	1.6%
FRI	12:30	USD	Durable Goods Orders	0.1%	0.9%
FRI	14:00	USD	New Home Sales	4.6%	-2.2%
FRI			IMF and G20 Meetings

In some ways the IMF (and G20 meetings) will dominate the headlines this week. The World Economic Outlook will as mentioned be a great resource, and it will be interesting to see what the IMF forecasts for the global economy over the next couple of years. In terms of the meetings exit strategies, trade, global imbalances, financial system reform, tax evasion, and banking regulation. No doubt the EU and US will pull the yuan issue into the meetings too. So while these are usually talk-fests it will be worth reviewing the post-meeting communiqué for anything interesting.

On the economic data front the main even will be UK GDP, some are forecasting year over year growth to approach the zero mark with a second quarter of 0.4% growth. There's also the consumer price index measure of inflation from Canada, UK, and New Zealand - the US also has the producer price index out. All forecasts are for a pick up in inflation, but only marginally; though inflationary pressure is broadly likely to resurface later in the year.

There's also monetary policy decision meeting minutes released by the Bank of England and the Reserve Bank of Australia. The BoE report will be somewhat ho-hum, but the RBA report will be well worth a read as the bank brings monetary policy back to neutral. Some RBA officials have noted that the rate is approaching neutral levels after five 25 basis point hikes to 4.25% off the record low emergency settings. Also in monetary policy is the Bank of Canada's interest rate decision; the bank has previously noted it would wait until at least Q2 before raising the rate, it may not be this time, but Canada could be next in line for some tightening.

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/19apr-calendar.html