Archives of “Consumer confidence” tag

rss

Key economic releases and events for next week’s trading

  
  Analysis
#  #  #  #  #

Big week for stock earnings. Advance GDP to be released

In addition to a slew of big-name earnings including Apple, Amazon, Google the key economic releases and events for next week include:

Monday, July 27
  • US durable goods, 8:30 AM ET/1230 GMT
Tuesday, July 28
  • RBA assistant governor can’t speaks at 8 PM ET, Monday/0030 GMT
  • Spanish unemployment rate, 3 AM ET/0700 GMT
  • US consumer confidence, 10 AM ET/1400 GMT
Wednesday, July 29
  • Australia CPI QoQ, 9:30 PM ET Tuesday/0130 GMT
  • US pending home sales, 10 AM ET/1400 GMT
  • FOMC decision and statement, 2 PM ET/1800 GMT
  • FOMC press conference, 2:30 PM ET/1830 GMT
Thursday, July 30
  • German preliminary GDP quarter on quarter, 4 AM ET/0 800 GMT
  • US advance GDP for the 2nd quarter annualized, 8:30 AM ET/1230 GMT
  • US initial claims for unemployment, 8:30 AM ET/1230 GMT
Friday, July 31
  • China manufacturing PMI, 9 PM ET Thursday/0100 GMT
  • Canada GDP, 8:30 AM ET/12:30 GMT
  • US core PCE price index 8:30 AM ET/1230 GMT
  • Chicago purchasing managers index, 9:45 AM ET/1345 GMT
  • University of Michigan consumer sentiment revised, 10 AM ET/1400 GMT

In addition, the US coronavirus relief package will continue to be worked out between Republicans and Democrats.

Reuters Tankan (May) – Business sentiment hits decade lows

  
Analysis, Economy
#  #  #  #  #  #  #  #

Reuters report on their monthly Tanakn survey for May 2020:

  • slump in Japan business mood deepens, hits decade lows again on coronavirus woes

Manufacturers index -44 in May vs -30 in April,  falls to lowest level since June 2009

  • non-manufacturers index -36 vs -23 …  lowest level since Dec 2009

Manufacturers august index seen at -51

  • non-manufacturers -48
The BOJ easy money policy is firmly entrenched, such a dire outlook in Japan. The extent you use central bank policy to assist your currency view, bearish yen.

Schedule for Week of September 22, 2019

  
  Analysis
#  #  #  #  #  #  #  #  #

The key reports this week are August New Home sales, and the third estimate of Q2 GDP.

Other key indicators include Personal Income and Outlays for August and Case-Shiller house prices for July.

For manufacturing, the Richmond and Kansas City Fed manufacturing surveys will be released this week.

—– Monday, Sept 23rd —–

8:30 AM ET: Chicago Fed National Activity Index for August. This is a composite index of other data.

—– Tuesday, Sept 24th —–
 

Case-Shiller House Prices Indices9:00 AM ET: S&P/Case-Shiller House Price Index for July.

This graph shows the nominal seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).

The consensus is for a 2.1% year-over-year increase in the Comp 20 index for July.

9:00 AM: FHFA House Price Index for July 2018. This was originally a GSE only repeat sales, however there is also an expanded index.

10:00 AM ET: Richmond Fed Survey of Manufacturing Activity for September.

—– Wednesday, Sept 25th —–

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

 

New Home Sales10:00 AM: New Home Sales for August from the Census Bureau.

This graph shows New Home Sales since 1963. The dashed line is the sales rate for last month.

The consensus is for 665 thousand SAAR, up from 635 thousand in July.

—– Thursday, Sept 26th —–

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 211 thousand initial claims, up from 208 thousand the previous week.

8:30 AM: Gross Domestic Product, 2nd quarter 2018 (Third estimate). The consensus is that real GDP increased 2.0% annualized in Q2, unchanged from the second estimate of 2.0%.

10:00 AM: Pending Home Sales Index for August. The consensus is 0.6% increase in the index.

11:00 AM: the Kansas City Fed manufacturing survey for September. This is the last of the regional surveys for September.

—– Friday, Sept 27th —–

8:30 AM: Durable Goods Orders for August from the Census Bureau. The consensus is for a 1.2% decrease in durable goods orders.

8:30 AM: Personal Income and Outlays for August. The consensus is for a 0.4% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.2%.

10:00 AM: University of Michigan’s Consumer sentiment index (Final for September). The consensus is for a reading of 92.0.
Read more at https://www.calculatedriskblog.com/2019/09/schedule-for-week-of-september-22-2019.html#ufpCwOoLSeldtU2e.99

Go to top