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Monday 13 January 2014

Economic events of the week




Monday: More info on the recovery of the Eurozone will roll in as Industrial Production data will be released in Italy. Additionally, the U.S. budget statement for December is due to be released.

Tuesday: The Current Account Balance is due to be released in Japan, with analysts expecting the deficit to increase to over Yen -368 billion. The French Consumer Price Index is due, as well as the U.K. Consumer, Producer and Price Indices. December’s U.S. Advance Retail Sales will also see light during the day. 

Wednesday: Preliminary figures regarding Machine Tool Orders are due to be released in Japan. Later that day, Consumer Price Index data are due to be released in Spain. In the U.S., December’s Producer Prices are due to be released.

Thursday: The day will kick off with a slew of reports from Japan, namely the Tertiary Industry Index, Machine Orders and Domestic Corporate Goods Prices. Later that day, December’s Consumer Price Index will be released in Germany, followed by the aggregate figure for the Eurozone and coincidently, the U.S. CPI. Further expected in the U.S. are the Initial Jobless Claims figures. Fed Governor Bernanke is due to deliver a speech at the Brooking Institution. 

Friday: December’s Housing Starts and Industrial Production data will be released in the U.S., followed by the University of Michigan’s Consumer Confidence Index for January. 

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