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Monday, 23 June 2014

Economic events of the coming week

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Monday: Preliminary figures on June’s Markit Purchasing Managers’ Index will be released in Japan, throughout the Eurozone and in the U.S. The HSBC Manufacturing Purchasing Managers’ Index will be released in China. May’s Existing Home Sales are due in the U.S., where analysts expect a noteworthy increase to 4.73 million dwellings sold, versus 4.65 million in April.

Tuesday: The IFO Survey will be published in Germany. In the U.S. demand side, the Consumer Confidence Index and May’s New Home Sales data will be released. On the supply side, the Richmond Fed Manufacturing Index will see light.

Wednesday: June’s Manufacturing Confidence Index will be released in France. Italy’s Consumer Confidence Index will be released. Surging in recent months, the index levels are similar to those on the eve of the great recession. In the U.S. are the weekly MBA Mortgage Applications is expected, May’s Durable Goods Orders and the Q1 National Account’s third estimate.

Thursday: The French Consumer Confidence Index is due to be published, recently not as solid as that of Italy's, however. The bank of England’s Carney is due to speak in London on the central bank’s financial stability report. The weekly Initial Jobless Claims will see light in the U.S., in addition to Personal Income and Spending.

Friday: May’s Jobless Rate will be published in Japan, in addition to the Job-To-Applicant Ratio and various Consumer Price Indices. Preliminary figures on Spain’s Consumer Price Index will be released. Also due are the Eurozone’s Consumer Confidence Index, German Consumer Price Index and the University of Michigan’s Consumer Confidence Index.

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