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4 Aug 2014
Key events ahead, all in all… - Rabobank
FXStreet (Guatemala) - Analysts at Rabobank gave us the key events ahead.
Key Quotes:
“Tomorrow has Aussie trade data, where a further huge deficit is seen for June. There is also the RBA rate decision – no change is obviously the call. China has its HSBC services PMI; India has its services PMI and the RBI rate meeting (again no change is expected); and Indonesia has Q2 GDP, expected at 5.2% YoY. The Eurozone also has retail sales data”.
“Wednesday has German factory orders, UK industrial production, and the US trade balance”.
“Thursday has the Aussie labour force survey, German industrial production, and both the BOE and ECB rate decisions: again, neither are expected to produce surprises this month”.
“Friday has Japanese, Chinese, and UK trade data, Aussie home loans, US productivity and unit labour costs, and the BOJ’s latest policy decision – where again we expect no change in its rhetoric”.
“All in all we are likely moving closer to the cusp of a major shift in the current financial market environment, but central bank inaction is still the norm again this week”.
Key Quotes:
“Tomorrow has Aussie trade data, where a further huge deficit is seen for June. There is also the RBA rate decision – no change is obviously the call. China has its HSBC services PMI; India has its services PMI and the RBI rate meeting (again no change is expected); and Indonesia has Q2 GDP, expected at 5.2% YoY. The Eurozone also has retail sales data”.
“Wednesday has German factory orders, UK industrial production, and the US trade balance”.
“Thursday has the Aussie labour force survey, German industrial production, and both the BOE and ECB rate decisions: again, neither are expected to produce surprises this month”.
“Friday has Japanese, Chinese, and UK trade data, Aussie home loans, US productivity and unit labour costs, and the BOJ’s latest policy decision – where again we expect no change in its rhetoric”.
“All in all we are likely moving closer to the cusp of a major shift in the current financial market environment, but central bank inaction is still the norm again this week”.