Week Ahead

The Week Ahead – Everything You Need to Know

  1. On Tuesday at 1:30 GMT, Australia NAB Business Confidence will be published. The data is expected to rise to 6 from 4 in the previous month.
  2. On Tuesday at 8:30 GMT, UK Inflation Rate will be released and forecasts to remain unchanged at 0.6%. Prices are expected to grow in August by 1.4% from 1.3% in July.
  3. German Zew Index will be published on Tuesday at 9:00 GMT. It is expected to rise to 2.6 from 0.5 in the previous month.
  4. On Wednesday at 00:30 GMT, Australia Consumer Confidence Index for September is expected to rise to 3.7% from 2.00%.
  5. UK Claimant Count Change & Unemployment Rate will be released on Wednesday at 8:30 GMT. The figure for August UK Claimant Count Change is expected to decrease by 800 compared to a decrease of 8600 in July. The unemployment rate is forecasted to rise to 5.00% from 4.9% in the previous month.
  6. EIA Crude Inventories will be released on Wednesday at 14:30 GMT. The crude inventory report is expected to remain unchanged.
  7. On Thursday at 1:30 GMT, Australia employment change, and the Unemployment rate will be released. The figure for August employment change is forecasted to rise by 10,000 compared to 26,200 new jobs in July. The unemployment rate is expected to hold steady at 5.7%.
  8. UK August Retail Sales will be released on Thursday at 8:30 GMT. The data is forecasted to fall by 0.4% compared to 1.4% growth in July.
  9. UK Interest Rate Decision, MPC Meeting Minutes, BoE Quantitative easing and BoE Meeting. On Thursday at 11:00 GMT, markets will focus on the BoE stimulus program plans. UK interest rate is expected to remain unchanged at 0.25% and  Quantitative easing is also forecast to remain unchanged at 435B. No policy changes from BoE are expected but hints for further decisions by UK policymakers will be in focus.
  10. US Retail Sales will be released on Thursday at 12:30 GMT. Retail Sales are forecast to rise by 0.2% compared to 0.0% the previous month.
  11. On Friday, US CPI will be released at 12:30 GMT. YoY core inflation rate is expected to rise by 2.1% compared to 2.2% in July while the overall inflation rate for August is expected to rise to 0.9% compared to 0.8% in the previous month.
  12. US Michigan Consumer Confidence will be published on Friday at 12:30 GMT and forecasted to decrease slightly to 89.5 compared to 89.8 from the final report in August.

Check out our real-time Economic Calendar

Published by

Tom Chen

Tom Chen is a financial analyst as well as an active trader. Tom began trading currencies and commodities in 2005 which during this time developed and refined his approach. Tom Holds BA in Economics and a Journalism diploma from the 'London School of Journalism'.