In the week ahead, investors will be focusing on the outcome of Wednesday’s Fed policy meeting. Fed Chair Janet Yellen was to hold a press conference following the meeting. Market participants will also be closely watching the outcome of Thursday’s independence referendum in Scotland.
Monday, September 15
Markets in Japan are to remain closed for a national holiday. Switzerland is to produce data on producer price inflation. In the euro zone, Germany’s Bundesbank is to publish its monthly report. The U.S. is to release reports on manufacturing activity in the Empire State and industrial production.
Tuesday, September 16
The Reserve Bank of Australia is to publish the minutes of its latest policy meeting, which contain valuable insights into economic conditions from the bank’s perspective. The U.K. is to publish data on consumer price inflation, which comprises the majority of overall inflation. The ZEW Institute is to release its closely watched report on German economic sentiment, a leading indicator of economic health. Canada is to release data on manufacturing sales. The U.S. is to produce data on producer price inflation.
Wednesday, September 17
New Zealand is to publish data on the current account. The U.K. is to publish data on the change in the number of people employed and the unemployment rate, as well as data on average earnings. In addition, the Bank of England is to release the minutes of its latest policy meeting. The euro zone is to release revised data on consumer price inflation. The U.S. is to produce data on consumer prices. Later Wednesday, the Federal Reserve is to announce its federal funds rate and publish its rate statement. Fed Chair Janet Yellen is to hold a press conference following announcement.
Thursday, September 18
New Zealand is to publish data on gross domestic product, the broadest indicator of economic activity and the leading measure of the economy’s health. Japan is to release data on the trade balance, the difference in value between imports and exports. Switzerland is also to release a report on the trade balance. At the same time, the Swiss National Bank is to announce its libor rate and publish its monetary policy assessment. 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. Meanwhile, Scotland is to hold its independence referendum. The U.S. is to produce a flurry of economic data, including reports on initial jobless claims, building permits, housing starts and manufacturing activity in the Philadelphia region.
Friday, September 19
Canada is to round up the week with data on consumer prices and wholesale sales.