14th Week Event Analysis 2019
MONGBP------ Manufacturing PMI expected to decline from 52 to 51.2.
EUR----- Flash CPI forecast is same but core CPI to decrease from 1 to 0.9.
USD----- Retail sales to increase from 0.2 to 0.3%, while core retail sales to decline from 0.9 to 0.4%. ISM Manufacturing PMI by 10:00am but no forecast data released yet .
CAD----- Gov Poloz speaks by 2:55pm
NZD----- Business confidence
AUD----- Building Approvals expected to decline from 2.5% to -1.7%. This reminds me of the recent AUD housing bubble. by 11:30pm AUD rate and rate statement .
TUE
AUD ----Annual Budget Release.
USD----- Core durable Goods orders forecast expected to increase from -0.2 to 0.3%. Durable Goods orders to decline from 0.3% to 1.1%.
AUD---- Retail sales to increase from 0.1 to 0.3%. While Trade balance to decline from 4.55B to 3.71B.
CNY---- Caixin Services PMI to increase from 51.1 to 52.3%.
WED
GBP---- Services PMI to slightly contract from 51.3 to 51
USD---- ADP Non-Farm Employment change expected to increase from 183 to 184K. ISM manufacturing PMI.
THU
EUR---- ECB Monetary policy meetings accounts .
CAD---- Ivey PMI to increase from 50.6 to 51.4%.
FRI
CAD ---- employment change forecast to be negative but this change does not reflect in the unemployment rate.
USD---- Average Hourly Earnings to decline from 0.4 to 0.2%. Non-farm Employment change to increase but this does not reflect in unemployment rate which is expected to remain same .
Output : USD, AUD, CAD.
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