The US CPI and Retail sales will dominate the economic releases next week. The RBNZ will announce their interest rate decision on Wednesday in NZ.
Tuesday August 13
9:30 PM ET: AUD Wage Price Index q/q (Estimate: 0.9%, Prior: 0.8%)2 AM ET: GBP Claimant Count Change (Estimate: 14.5K, Prior: 32.3K), GBP Average Earnings Index 3m/y (Estimate: 6.5%, Prior: 6.9%)8:30 AM ET USD Core PPI m/m (Estimate: 0.2%, Prior: 0.1%);USD PPI m/m (Estimate: 0.2%, Prior: 0.1%)
Wedneday August 14
10 PM ET NZD NZD Official Cash Rate (Estimate: 5.50%, Prior: 5.50%) RBNZ Monetary Policy Statement, Rate Statement, and 11 PM ET NZD Press Conference 2 AM ET GBP CPI y/y (Estimate: 3.0%, Prior: 3.0%)8:30 AM meeting USD Core CPI m/m (Estimate: 0.2%, Prior: 0.1%);USD CPI m/m (Estimate: 0.2%, Prior: 0.1%)3:30 PM ET: NZD RBNZ Gov Orr Speaks (Estimate: N/A, Prior: N/A)
Thursday August 15
9:30 PM ET AUD Unemployment Rate (Estimate: 4.1%, Prior: 4.1%); Employment Change (Estimate: 26.0K, Prior: 50.2K)10 PM to CNY Industrial Production y/y (Estimate: 5.4%, Prior: 5.3%)10 PM meeting CNY Retail Sales y/y (Estimate: 2.6%, Prior: 3.1%)2 AM ET GBP GDP m/m (Estimate: 0.1%, Prior: 0.4%); GBP Prelim GDP q/q (Estimate: 0.6%, Prior: 0.7%)8:30 AM ET USD Retail Sales m/m (Estimate: 0.3%, Prior: 0.0%); USD Core Retail Sales m/m (Estimate: 0.3%, Prior: 0.0%)8:30 AM ET USD Unemployment Claims (Estimate: 239K, Prior: 233K)8:30 AM ET USD Empire State Manufacturing Index (Estimate: -5.9, Prior: -6.6)8:30 AM ET USD Philly Fed Manufacturing Index (Estimate: 6.6, Prior: 13.9)
Friday August 16
7:30 PM ET AUD RBA Gov Bullock Speaks 2 AM to GBP Retail Sales m/m (Estimate: 0.8%, Prior: -1.2%)30 Amy to USD Building Permits (Estimate: 1.44M, Prior: 1.45M)today meeting USD Prelim UoM Consumer Sentiment (Estimate: 67.3, Prior: 66.4); USD Prelim UoM Inflation Expectations (Estimate: 2.9%, Prior: 2.9%)
As for the earnings calendar, HomeDepot, and Cisco highlight as most of the big names have already reported. Nvidia is still to come but won’t announce until August 28th.
Monday
Tuesday
Before Open: ON Holding, The Home Depot
Wednesday
Before Open: Dole, UBSAfter Close: Cisco
Thursday
Before Open: Alibaba, Walmart, JD.com, John DeereAfter Close: Applied Materials, H&R Block
This article was written by Greg Michalowski at www.forexlive.com.
