Another tame week ahead
Next week is looking like another slow one when looking at the economic/event calendar. Some of my highlights include BOE Carney on Tuesday (after the Financial Stability Report). The markets are still struggling with BOE policy going forward. This week Carney - in his delayed Mansion speech - was a bit more dovish.
Other releases of note will be German CPI flash estimate on Thursday and the EU CPI flash on Friday.
Below are some of the highlights:
Monday:
- 4 AM ET/0900 GMT: German IFO business climate. Est. 114.7
- 8:30 AM ET/1230 GMT: US durable goods orders. Est -0.5%
Tuesday:
- 5:30 AM ET: BOE Financial Stability Report
- 6:00 AM ET: BOE Carney speaks about the Fin. Stability Report
- 10 AM ET/ 1400 GMT. Conference Board consumer confidence
- 11:15 AM ET/1530 GMT: FOMC Harker speaks
- 1:00 PM et/1700 GMT. Feds Yellen speaks in London
Wednesday:
- 10 AM ET/1400 GMT. US pending home sales. Est +0.6%
- 10:30 AM ET/1430 Crude oil inventories
Thursday:
- All day: German Preliminary CPI. Est 0.0%
- 8:30 AM ET/1230 GMT. US final GDP for 1Q. Est 1.2%
Friday:
- 9:00 PM ET Thursday/0100 GMT. China PMI Manufacturing, Est. 51.0. Non-manufacturing PMI
- 2:00 AM ET/0600 GMT. German retail sales. Est 0.3%
- 4:30 AM ET/0830 GMT. UK current account. Est -16.5B
- 5:00 AM ET/0900 GMT. EU CPI Flash. Est 1.3% YoY. Est. Core 1.0% YoY
- 8:30 AM ET/1230 GMT. CAD GDP
- 8:30 AM ET/ 1230 GMT. US core PCE. Est. MoM +0.1%
- 10 AM ET/1400 GMT. Revised UoM Consumer Sentiment , Est 94.6
