13 Oct 2014
China trade numbers up next - Rabobank
FXStreet (Bali) - Rabobank reviews the week ahead, highlighting the public holidays in Japan/US, while also noting that key Chinese trade numbers will be published soon.
Key Quotes
Today is Columbus Day in the US and Sports Day in Japan, so both markets are closed. We do have Chinese trade data, however. Expect bumper export growth (which I openly question) and falling imports (which I don’t) - hardly bullish for global growth. We also have two ECB speakers (Praet and Weidmann) and the Fed’s Evans. India also has CPI data.
Tomorrow has UK CPI/RPI and the German ZEW survey (which is more like to be an “eew!”).
Wednesday has Chinese PPI/CPI, UK unemployment, US retail sales and PPI, and the ECB’s Draghi and Nouy speaking (that’s a lot of talking recently: some will be wondering when action follows).
Thursday has Eurozone CPI, US industrial production, the Philly Fed, NAHB housing, and several more Fed speakers.
Friday has Yellen speaking on inequality (oh, the irony!) as well as another Fed speaker, and US housing starts and building permits
Key Quotes
Today is Columbus Day in the US and Sports Day in Japan, so both markets are closed. We do have Chinese trade data, however. Expect bumper export growth (which I openly question) and falling imports (which I don’t) - hardly bullish for global growth. We also have two ECB speakers (Praet and Weidmann) and the Fed’s Evans. India also has CPI data.
Tomorrow has UK CPI/RPI and the German ZEW survey (which is more like to be an “eew!”).
Wednesday has Chinese PPI/CPI, UK unemployment, US retail sales and PPI, and the ECB’s Draghi and Nouy speaking (that’s a lot of talking recently: some will be wondering when action follows).
Thursday has Eurozone CPI, US industrial production, the Philly Fed, NAHB housing, and several more Fed speakers.
Friday has Yellen speaking on inequality (oh, the irony!) as well as another Fed speaker, and US housing starts and building permits