Next Week's Memo
July 13 (Monday)
New Zealand June BNZ Services PSI | Previous: 47.5
India June CPI Year-on-Year | Forecast: Increase 4.21% | Previous: Increase 3.93%
India June Trade Balance | Forecast: Deficit $26.183 billion | Previous: Deficit $28.21 billion
Germany May Current Account | Previous: Surplus €13.8 billion
New Stock Listing: EKH (02523.HK)
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July 14 (Tuesday)
Australia July Westpac Consumer Confidence Month-on-Month | Previous: Decrease 2.9%
Australia July Westpac Consumer Confidence | Previous: 80.6
Australia June NAB Business Confidence Index | Previous: Negative 14
Australia June NAB Business Conditions Index | Previous: 3
Japan May Capacity Utilization Month-on-Month | Previous: Decrease 0.8%
Japan May Industrial Production Month-on-Month Final | Initial: Increase 0.5%
Japan May Industrial Production Year-on-Year Final | Initial: Decrease 1.7%
China June USD-denominated Exports Year-on-Year | Forecast: Increase 18.4% | Previous: Increase 19.4%
China June USD-denominated Imports Year-on-Year | Forecast: Increase 24.7% | Previous: Increase 27.4%
China June USD-denominated Trade Balance | Forecast: Surplus $120.35 billion | Previous: Surplus $105.43 billion
China June RMB-denominated Exports Year-on-Year | Previous: Increase 13.8%
China June RMB-denominated Imports Year-on-Year | Previous: Increase 21.5%
China June RMB-denominated Trade Balance | Previous: Surplus ¥723.98 billion
Singapore Q2 GDP Year-on-Year Preliminary | Forecast: Increase 5.6% | Previous: Increase 6%
India June Wholesale Price Index Year-on-Year | Forecast: Increase 9.66% | Previous: Increase 9.68%
Switzerland June Producer and Import Prices Year-on-Year | Previous: Decrease 1.8%
Switzerland June Producer and Import Prices Month-on-Month | Previous: Decrease 0.4%
\* Germany June Wholesale Prices Month-on-Month | Previous: Decrease 0.6%
\* Germany June Wholesale Prices Year-on-Year | Previous: Increase 5.9%
UK June BRC Like-for-Like Sales Year-on-Year | Previous: Increase 3.4%
US June Federal Government Budget | Previous: Deficit $292.6 billion
US June NFIB Small Business Optimism | Forecast: 95.5 | Previous: 95.3
US June CPI Month-on-Month | Forecast: Decrease 0.1% | Previous: Increase 0.5% U.S. June CPI Year-on-Year | Forecast: Up 3.8% | Previous: Up 4.2%
U.S. June Core CPI Month-on-Month | Forecast: Up 0.2% | Previous: Up 0.2%
U.S. June Core CPI Year-on-Year | Forecast: Up 2.8% | Previous: Up 2.9%
Company Performance: JP Morgan (JPM.US), Bank of America (BAC.US), Goldman Sachs (GS.US), Wells Fargo (WFC.US), Citigroup (C.US), Ericsson, Rio Tinto
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July 15 (Wednesday)
Bank of Canada interest rate decision, expected to maintain the benchmark interest rate at 2.25%
U.S. May Net International Capital Inflow | Previous: $26.1 billion
U.S. May Net Long-Term Capital Inflow | Previous: $103.1 billion
China Q2 GDP Year-on-Year | Forecast: Up 4.5% | Previous: Up 5%
China Q2 GDP Quarter-on-Quarter | Forecast: Up 1% | Previous: Up 1.3%
China June Retail Sales Year-on-Year | Forecast: Down 0.1% | Previous: Down 0.6%
China June Industrial Value Added Year-on-Year | Forecast: Up 4.6% | Previous: Up 4.5%
China First Half Social Financing Increment Year-on-Year | Forecast: Down 5.1% | Previous: Down 4.1%
China June Unemployment Rate | Forecast: 5.1% | Previous: 5.1%
Japan May Core Machinery Orders Year-on-Year | Forecast: Up 12.3% | Previous: Up 15.6%
Japan May Core Machinery Orders Month-on-Month | Forecast: Down 4.2% | Previous: Up 8.7%
Japan May Tertiary Industry Activity Index Month-on-Month | Forecast: Up 0.4% | Previous: Up 1.3%
South Korea June Export Price Index Year-on-Year | Previous: Up 46.9%
South Korea June Import Price Index Year-on-Year | Previous: Up 24.8%
South Korea June Unemployment Rate | Forecast: 2.8% | Previous: 2.8%
India June Unemployment Rate | Previous: 5.5%
Eurozone May Industrial Production Month-on-Month | Forecast: Up 0.3% | Previous: Up 0.1%
Eurozone May Industrial Production Year-on-Year | Forecast: Down 0.4% | Previous: Up 0.3%
U.S. Last Week MBA Mortgage Application Volume | Previous: Down 2.2%
U.S. July New York Fed Manufacturing Index | Forecast: 8.6 | Previous: 5.7
U.S. June PPI Month-on-Month | Forecast: Down 0.1% | Previous: Up 1.1%
U.S. June PPI Year-on-Year | Forecast: Up 6.2% | Previous: Up 16.5%
U.S. June Core PPI Month-on-Month | Forecast: Up 0.4% | Previous: Up 0.4% U.S. June Core PPI Year-on-Year | Forecast: Up 5.2% | Previous: Up 4.9%
Canada May Existing Home Sales Month-on-Month | Previous: Up 5.5%
Canada May Manufacturing Sales Month-on-Month | Forecast: Up 1.1% | Previous: Up 4.2%
Canada May (excluding oil) Wholesale Sales Month-on-Month | Previous: Up 0.6%
Company Earnings: ASML (ASML.US), Johnson & Johnson (JNJ.US), Morgan Stanley (MS.US), BlackRock (BLK.US), United Airlines (UAL.US)
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July 16 (Thursday)
Federal Reserve releases Economic Beige Book
Swiss National Bank publishes monetary policy meeting minutes
Bank of Korea holds monetary policy meeting, expected to raise interest rates by 25 basis points to 2.75%
Australia June Consumer Inflation Forecast | Previous: 5.5%
Italy June CPI Year-on-Year Final Value | Initial Value: Up 3%
Italy June CPI Month-on-Month Final Value | Initial Value: No change
Italy June Harmonized HICP Year-on-Year Final Value | Initial Value: Up 3.1%
Italy June Harmonized HICP Month-on-Month Final Value | Initial Value: Up 0.1%
Italy May Trade Balance | Previous: Surplus €4.293 billion
UK May GDP Month-on-Month | Forecast: Up 0.1% | Previous: Down 0.1%
UK May Industrial Production Month-on-Month | Previous: No change
UK May Industrial Production Year-on-Year | Previous: Down 0.2%
UK May Manufacturing Production Month-on-Month | Previous: Up 0.4%
UK May Manufacturing Production Year-on-Year | Previous: Up 1%
UK May Construction Production Month-on-Month | Previous: Up 0.1%
UK May Construction Production Year-on-Year | Previous: Down 1%
UK May Visible Goods Trade Balance | Previous: Deficit £26.046 billion
UK May Trade Balance | Previous: Deficit £8.435 billion
Eurozone May Seasonally Adjusted Trade Balance | Previous: Surplus €1.3 billion
Eurozone May Unadjusted Trade Balance | Previous: Deficit €1 billion
U.S. July Philadelphia Fed Manufacturing Index | Forecast: 15 | Previous: 10.3
U.S. June Retail Sales Month-on-Month | Forecast: Up 0.3% | Previous: Up 0.9%
U.S. June (excluding automobiles) Retail Sales Month-on-Month | Forecast: Down 0.1% | Previous: Up 0.8%
U.S. June (excluding automobiles and gasoline) Retail Sales Month-on-Month | Forecast: Up 0.5% | Previous: Up 0.5%
U.S. Last Week Initial Jobless Claims | Previous: 215,000 U.S. July NAHB Housing Market Index | Forecast: 35 | Previous Value: 35
U.S. May Business Inventories MoM | Forecast: Increase 0.3% | Previous Value: Increase 0.5%
U.S. June Existing Home Sales MoM | Previous Value: Increase 3.8%
Canada June Housing Starts | Forecast: 257,900 units | Previous Value: 261,400 units
Company Earnings: Taiwan Semiconductor Manufacturing Company (TSM.US), UnitedHealth Group (UNH.US), Netflix (NFLX.US), GE Aviation (GE.US), Abbott (ABT.US), Intuitive Surgical (ISRG.US)
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July 17 (Friday)
New Zealand June Food Prices MoM | Previous Value: Increase 1%
Singapore June Non-Oil Domestic Exports YoY | Forecast: Increase 31% | Previous Value: Increase 38.4%
Malaysia Q2 CPI YoY | Forecast: Increase 2% | Previous Value: Increase 2%
Malaysia Q2 GDP YoY Preliminary | Forecast: Increase 5.1% | Previous Value: Increase 5.4%
Hong Kong Latest Unemployment Rate | Forecast: 3.7% | Previous Value: 3.7%
Eurozone May Current Account | Previous Value: Surplus €15.7 billion
Eurozone June HICP YoY Final | Preliminary: Increase 2.8%
Eurozone June HICP MoM Final | Preliminary: Decrease 0.1%
Eurozone June Core Inflation YoY Final | Preliminary: Increase 2.4%
U.S. June Import Prices MoM | Forecast: Decrease 0.6% | Previous Value: Increase 1.9%
U.S. June Import Prices YoY | Previous Value: Increase 6.7%
U.S. June Export Prices MoM | Previous Value: Increase 1.3%
U.S. June Export Prices YoY | Previous Value: Increase 11.2%
U.S. June Housing Starts | Forecast: 1,325,000 units | Previous Value: 1,177,000 units
U.S. June Housing Starts MoM | Forecast: Increase 13% | Previous Value: Decrease 15.4%
U.S. June Building Permits Preliminary | Forecast: 1,400,000 units | Previous Value: 1,410,000 units
U.S. June Building Permits MoM Preliminary | Forecast: Decrease 0.7% | Previous Value: Decrease 0.9%
U.S. June Industrial Production MoM | Forecast: Increase 0.2% | Previous Value: Increase 0.1%
U.S. June Manufacturing Production MoM | Forecast: Increase 0.2% | Previous Value: No Change
U.S. June Capacity Utilization | Forecast: 76.2% | Previous Value: 76.2%
U.S. July University of Michigan Consumer Sentiment Index Preliminary | Forecast: 51.3 | Previous Value: 49.5
Company Earnings: Travelers Companies (TRV.US), Volvo Group
- Announced on the same day at the earliest
