Week Ahead: The Fed, BOJ, and BOE, Oh My
This week, the Fed, BOJ and the BOE get their chance to shine
September 12, 2020
Japan’s LDP will be selecting the successor to Abe as well. Brexit headlines are taking center stage as the light gets dimmer and dimmer on hopes that a trade deal will be agreed upon before the deadline. Coronavirus flare ups in Europe are continuing, stirring fears of a second wave. This week, the UK will limit social gatherings to a maximum of 6 people in order to try and stem the spread of the virus. In addition to the central bank meetings this week, there is a plethora of economic data which could affect the markets.
Major economic data for the week is as follows:
Monday
Japan: Liberal Democratic Party Leadership Vote
New Zealand: Westpac Consumer Confidence (Q3)
New Zealand: NZ PSI (AUG)
Japan: Reuters Tankan Index (SEP)
Europe: Industrial Production (JUL)
Tuesday
Australia: RBA Meeting Minutes
Australia: House Price Index (Q2)
China: Industrial Production (AUG)
China: Retail Sales (AUG)
China: Unemployment Rate (AUG)
UK: Claimant Count Change (AUG)
Germany: ZEW Economic Sentiment Index (SEP)
US: NY Empire State Manufacturing Index (SEP)
US: Industrial Production (AUG)
US: Manufacturing Production (AUG)
Wednesday
Japan: Trade Balance (AUG)
Australia: HIA New Home Sales (AUG)
UK: Inflation data (AUG)
Trade Balance (JUL)
Canada: Inflation Rate (AUG)
US: Retail Sales (AUG)
US: Fed Interest Rate Decision
Crude Inventories
Thursday
New Zealand: GDP Growth Rate (Q2)
Australia: Employment Change (AUG)
Japan: BOJ Interest Rate Decision
EU: Inflation Rate (AUG)
UK: BOE Interest Rate Decision
US: Initial Jobless Claims (week ending Sept 12)
US: Building Permits (AUG)
US: Housing Starts (AUG)
US: Philadelphia Fed Manufacturing Index (SEP)
Friday
Japan: Inflation Rate (AUG)
Germany: PPI (AUG)
Canada Retail Sales (JUL)
US: Michigan Consumer Sentiment Prel (SEP)