In the week ahead, investors will be awaiting U.S. data on retail sales and industrial production for fresh indications on the strength of the economic recovery. Tuesday’s ZEW report on German economic sentiment will also be closely watched.
Monday, October 13
Markets in Japan are to remain closed for a national holiday. China is to release data on the trade balance. Markets in Canada are to remain closed for the Thanksgiving holiday, while U.S. markets will be closed for Columbus Day.
Tuesday, October 14
Australia is to release private sector data on business confidence. Switzerland is to report on producer price inflation. The U.K. is to produce data on consumer price inflation, which accounts for 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. The euro zone is to publish data on industrial production.
Wednesday, October 15
Australia is to release a private sector report on consumer sentiment, as well as official data on new vehicle sales. China is to release data on producer and consumer prices. 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. The U.S. is to release data on retail sales, the government measure of consumer spending, which accounts for the majority of overall economic activity. The country is also to report on producer prices and manufacturing activity in the New York region.
Thursday, October 16
New Zealand is to publish private sector data on manufacturing activity, while Australia is to release a report on inflation expectations. The euro zone is to publish revised data on consumer prices for September. Canada is to release data on manufacturing sales and foreign securities purchases. The U.S. is to release the weekly report on initial jobless claims as well as data on industrial production and manufacturing activity in the Philadelphia region.
Friday, October 17
Canada is to release data on consumer prices. The U.S. is to round up the week with reports on building permits and housing starts, as well as a preliminary report on consumer sentiment.