In the week ahead, investors will be looking ahead to Wednesday’s minutes of the Federal Reserve’s latest meeting, while the Bank of England and the Reserve Bank of Australia are also to publish meeting minutes. Thursday’s data on euro zone private sector activity will also be in focus.
Monday, August 18
Germany’s Bundesbank is to publish its monthly report. Canada is to release data on foreign securities purchases. The U.S. is to produce private sector data on the housing market.
Tuesday, August 19
The RBA is to publish the minutes of its latest policy meeting, which contain valuable insights into economic conditions from the bank’s perspective. New Zealand is to release reports on producer price inflation and inflation expectations. The U.K. is to produce data on consumer inflation, which accounts for the majority of overall inflation. The U.S. is to release reports on building permits, housing starts and consumer inflation.
Wednesday, August 20
RBA Governor Glenn Stevens is to speak, his comments will be closely watched. Japan is to publish data on the trade balance, the difference in value between imports and exports. The BoE is to publish the minutes of its latest policy meeting. Canada is to release data on wholesale sales. Later Wednesday, the Federal Reserve is to publish the minutes of its latest policy meeting.
Thursday, August 21
China is to release the preliminary reading of the HSBC manufacturing index. Switzerland is to release data on the trade balance. The euro zone is to publish preliminary data on private sector activity, while Germany and France are to also to publish data on private sector growth. The U.K. is to release data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity. The U.S. is to produce data on unemployment claims, manufacturing activity and existing home sales. The first day of the annual economic symposium is due to take place in Jackson Hole, Wyoming.
Friday, August 22
Canada is to release data on retail sales and inflation. Fed Chair Janet Yellen and ECB President Mario Draghi are both to speak at the second day of the annual economic symposium in Jackson Hole, Wyoming.