In the week ahead, investors will be focusing on Wednesday’s revised reading on U.S. second quarter growth, while Friday’s non-farm payrolls report will also be in focus. Wednesday’s Fed statement will also be closely watched for any indications that the central bank is moving closer to raising rates.
Monday, July 28
The U.S. is to release data on pending home sales.
Tuesday, July 29
Japan is to publish data on household spending and retail sales.
The U.K. is to release data on net lending.
Later Tuesday, the U.S. is to publish reports on house price inflation and consumer confidence.
Wednesday, July 30
New Zealand is to produce data on building consents.
Japan is to publish a preliminary report on industrial production.
In the euro zone, Germany is to release preliminary data on consumer price inflation, while Spain is to publish flash estimates on consumer inflation and second quarter economic growth.
Switzerland is to publish its KOF economic barometer.
The U.S. is to release the ADP report on private sector job creation, which leads the government’s nonfarm payrolls report by two days. The U.S. is also to publish revised data on second quarter growth.
Canada is to release a report on raw material price inflation.
Later Wednesday, the Federal Reserve is to announce its federal funds rate and publish its rate statement.
Thursday, July 31
Australia is to release data on building approvals and import prices.
Japan is to release data on average cash earnings.
The U.K. is to produce private sector data on house price inflation.
The euro zone is to release preliminary data on consumer inflation and unemployment, while Germany is to publish data on retail sales and unemployment.
Canada is to publish its monthly report on gross domestic product.
The U.S. is to release the weekly report on initial jobless claims, as well as data on manufacturing activity in the Chicago area.
Friday, August 1
China is to release official data on manufacturing activity, as well as the revised reading of the HSBC manufacturing index.
Australia is to publish data on producer price inflation.
Bank of Japan Governor Haruhiko Kuroda is to speak at an event in Tokyo; his comments will be closely watched.
Markets in Switzerland will remain closed for a national holiday.
The U.K. is to release data on manufacturing activity.
The U.S. is to round up the week with what will be closely watched government data on non-farm payrolls and the unemployment rate, while the Institute of Supply Management is to release data on manufacturing activity.
