Good Evening: Here's an Overview of Data and Event Calendar - week beginning 7 December 2009:
North America • The US calendar picks up pace towards the end of the week with trade balance figures, the monthly budget statement, import price index and retail sales due out on Thursday and Friday. • 3-year and 10-year notes and 30-year bonds are due to be auctioned. • The week ahead Canada sees building permits and housing data released, with the Bank of Canada announcing their interest rate decision on Tuesday. Australia and New Zealand • A busy week on Australia’s calendar with business conditions, business confidence and consumer confidence due out on the same day as the current account balance and foreign reserves. Housing finance, trade balance, investment lending and employment figures are also due for release next week. • Speakers this week include the RBA’s Stevens and Debelle. • The AOFM will tender $700m of May 2013 bonds – the final bond tender for the calendar year. A Treasury Note tender for $300m of notes maturing 12 February 2010 and $300m of notes maturing 23 April 2010 will be held on 10 December. • Out of New Zealand this week we have manufacturing activity, NZ card spending, terms of trade index as well as the RBNZ official cash rate announcement. Japan and China* • Releases to watch in Japan this week include the current account total, trade balance figures, GDP, machine tool orders, machine orders as well as consumer confidence. • Data out of China includes, PPI Index for November, CPI, retail sales, industrial production and trade balance figures. Europe and UK • An extremely quiet week ahead for Europe with the only release being the ECB publishing their December monthly report. • A busy week for German data. We see factory orders, industrial production, trade balance data and CPI. • The UK has some major pieces of data out over the next seven days. We see industrial production, manufacturing production, consumer confidence and the BOE rate announcement.
