#Global #Markets | 18 Dec

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

17 Dec
2350GMT   Japan Trade balance (Nov-17) (act. JPY113B, est. JPY-55B, prev. JPY285B)

18 Dec
0130GMT   China House price index (Nov-17) (act. 5.1% yy, prev. 5.4%)
0430GMT   Japan All industry activity index (Oct-17) (est. 0.4% mm, prev. -0.5%)
1000GMT   Euro Area Inflation rate (final) (Nov-17) (est. 1.5% yy, prev. 1.4%)
1100GMT   UK CBI Industrial trends orders (Dec-17) (est. 14, prev. 17)
1500GMT   US NAHB Housing market index (Dec-17) (est. 70, prev. 70)

N.B

  • Uganda interest rate decision [fcst. 9.0%, prev. 9.5%]
  • Botswana interest rate decision [fcst. 5.0%, prev. 5.0%]

#Global #Markets | 15 Dec

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

1000GMT   Euro Area Trade balance (Oct-17) (est. €24.6B, prev. €26.4B)
1130GMT   India FX reserves (8 Dec) (prev. $401.9B)
1205GMT   India Trade balance (Nov-17) (est. $13.8B, prev. $-14.0B)
1330GMT   US NY Empire State manufacturing index (Dec-17) (est. 18.6, prev. 19.4)
1415GMT   US Industrial production (Nov-17) (est. 0.3% mm, prev. 0.9%)
1800GMT   US Baker Hughes oil rig count (Dec-17) (prev. 751)
2100GMT   US Net long-term Tic flows (Oct-17) (prev. $80.9B)
2100GMT   US Overall net capital flows (Oct-17) (prev. $-51.3B)
2100GMT   US Foreign bond investment (Oct-17) (est. $-4.3B, prev. $12.7B)

N.B
UK BoE Quarterly bulletin (1200GMT)
ECB Draghi speech during the day

#Global #Markets | 14 Dec

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

0030GMT   Australia Unemployment rate (Nov-17) (act. 5.4%, est. 5.4%, prev. 5.4%)
0030GMT   Australia Employment change (Nov-17) (act. 61.6K, est. 19.2K, prev. 7.8K)
0030GMT   Japan Nikkei manufacturing PMI (flash) (Dec-17) (act. 54.2, prev. 53.6)
0200GMT   China Industrial production (Nov-17) (act. 6.1% yy, est. 6.2%, prev. 6.2%)
0200GMT   China Retail sales (Nov-17) (act. 10.2% yy, est. 10.3%, prev. 10.0%)
0200GMT   China Fixed asset investment (YTD) (Nov-17) (act. 7.2% yy, est. 7.2%, prev. 7.3%)
0430GMT   Japan Industrial production (final) (Oct-17) (est. 5.9% yy, prev. 2.6%)
0630GMT   India WPI inflation (Nov-17) (prev. 3.6% yy)
0800GMT   South Africa Current account (Q3-17) (est. R-87.3B, prev. R-110B)
0830GMT   Germany Markit composite PMI (flash) (Dec-17) (est. 57.3, prev. 57.3)
0900GMT   Euro Area Markit composite PMI (flash) (Dec-17) (est. 57.2, prev. 57.5)
0930GMT   South Africa PPI (Nov-17) (est. 5.0% yy, prev. 5.0%) [fcst: 5.2%]
0930GMT   UK Retail sales (Nov-17) (est. 0.3% yy, prev. -0.3%)
1200GMT   UK BoE interest rate decision (est. 0.5%, prev. 0.5%)
1200GMT   UK BoE QE (est. £435B, prev. £435B)
1245GMT   Euro Area ECB interest rate decision (est. 0%, prev. 0%)
1245GMT   Euro Area ECB Deposit facility rate (est. -0.4%, prev. -0.4%)
1330GMT   US Retail sales (Nov-17) (est. 0.3% mm, prev. 0.2%)
1330GMT   US Initial jobless claims (9 Dec) (est. 240K, prev. 236K)
1445GMT   US Markit composite PMI (Dec-17) (prev. 54.5)
1500GMT   US Business inventories (Oct-17) (est. -0.1% mm, prev. 0%)

#Global #Markets | 13 Dec

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

0700GMT   Germany Inflation rate (final) (Nov-17) (est. 1.8% yy, prev. 1.6%)
0800GMT   South Africa Inflation rate (Nov-17) (est. 4.7% yy, prev. 4.8%) [fcst: 4.9%]
0800GMT   South Africa Inflation rate (Nov-17) (est. 0.2% mm, prev. 0.3%) [fcst: 0.4%]
0930GMT    UK Claimant count change (Nov-17) (est. 0.4K, prev. 1.1K)
0930GMT   UK Unemployment rate (Oct-17) (est. 4.3%, prev. 4.3%)
1000GMT   Euro Area Employment change (Q3-17) (est. 0.4% qq, prev. 0.4%)
1000GMT   Euro Area Industrial production (Oct-17) (est. 3.4% yy, prev. 3.3%)
1100GMT   South Africa Retail sales (Oct-17) (est. 5.2% yy, prev. 5.4%) [fcst: 5.3%]
1330GMT   US Inflation rate (Nov-17) (est. 2.2% yy, prev. 2.0%)
1530GMT   US EIA crude oil stocks change (8 Dec) (est. -3.4M, prev. -5.6M)
1900GMT   US Fed interest rate decision (est. 1.5%, prev. 1.25%)
1930GMT   US Fed press conference

N.B

  • Saudi Arabia OPEC monthly report
  • Uganda Interest rate decision [fcst: unchanged at 9.5%]

 

#Global #Markets | 12 Dec

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

0600GMT   Japan Machine tool orders (Nov-17) (prev. 49.9% yy)
0930GMT   UK Inflation rate (Nov-17) (est. 3.0% yy, prev. 3.0%)
1000GMT   Euro Area ZEW economic sentiment index (Dec-17) (est. 30.2, prev. 30.9)
1000GMT   Germany ZEW economic sentiment index (Dec-17) (est. 17.9, prev. 18.7)
1100GMT   South Africa Manufacturing production (Oct-17) (prev. -1.6% yy) [fcst: -0.7%]
1100GMT   US NFIB business optimism index (Nov-17) (est. 104.6, prev. 103.8)
1130GMT   India Current account (Q3-17) (prev. $-14.3B)
1200GMT   India Industrial production (Oct-17) (est. 4.2% yy, prev. 3.8%)
1200GMT   India Inflation rate (Nov-17) (prev. 3.6% yy)
1330GMT   US PPI (Nov-17) (est. 2.9% yy, prev. 2.8%)
1900GMT   US Monthly budget statement (Nov-17) (est. $-135.2B, prev. $-63B)
2130GMT   US API crude oil inventories (8 Dec) (prev. -5.481M)

#Global #Markets | 8 Dec

By Rafiq Raji, PhD
Twitter: @DrRafiqRaji

7 Dec
2350GMT   Japan GDP growth rate (final) (Q3-17) (act. 0.6% qq, est. 0.4%, prev. 0.6%)
2350GMT   Japan GDP growth rate (annualized) (final) (Q3-17) (act. 2.5%, est. 1.5%, prev. 2.5%)
2350GMT   Japan Current account (Oct-17) (act. JPY2.176T, est. JPY1.721T, prev. JPY2.271T)

8 Dec
0000GMT   Japan Average cash earnings (Oct-17) (act. 0.6% yy, est. 0.8%, prev. 0.9%)
0030GMT   Australia Home loans (Oct-17) (act. -0.6% mm, est. -2.5%, prev. -2.3%)
0300GMT   China Trade balance (Nov-17) (est. $35.0B, prev. $38.2B)
0500GMT   Japan Eco watchers survey outlook (Nov-17) (prev. 54.9)
0700GMT   Germany Current account (Oct-17) (prev. €25.4B)
0700GMT   Germany Trade balance (Oct-17) (prev. $24.1B)
0930GMT   UK Trade balance (Oct-17) (prev. £-2.75B)
0930GMT   UK Industrial production (Oct-17) (est. 0.0% mm, prev. 0.7%)
1130GMT   India FX reserves (1 Dec) (prev. $400.74B)
1330GMT   US Unemployment rate (Nov-17) (est. 4.1%, prev. 4.1%)
1330GMT   US Non-farm payrolls (Nov-17) (est. 200K, prev. 261K)
1500GMT   US Michigan consumer sentiment (prel) (Dec-17) (est. 99, prev. 98.5)
1500GMT   US Wholesale inventories (Oct-17) (est. -0.4% mm, prev. 0.1%)
1800GMT   US Baker Hughes oil rig count (Dec) (prev. 749)