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15 Dec 2014
The week ahead and key events - Rabobank
FXStreet (Guatemala) - Analysts at Rabobank explained the events ahead this week while noting the Siege in Australia today that has grabbed the markets attention.
Key Quotes:
“Today will obviously continue to see markets focus on unfolding events in Sydney. From a data perspective we only have the UK CBI industrial survey (consensus: +3), US industrial production (consensus: +0.7% MoM), and theNAHB confidence index for the housing market (consensus: a rise from 58 to 59)”.
“Tomorrow has the RBA minutes from December, where there is a possibility we might see fresh wording given Governor Stevens’ recent comments. We also have China’s December manufacturing PMI; the BOE’s banking stress test results; Markit services PMIs from Europe; UK CPI; the German ZEW survey; US housing starts; and the start of the two-day Fed meeting”.
“Wednesday has Japan trade data; BOE minutes; Eurozone CPI; US CPI; and the Fed decision, which will obviously be the pivot point for the whole week –and perhaps even more so given the plunge in oil and the public stance being taken by the only economist with genuine US household name recognition, Mr Krugman”.
“Thursday has the US Markit services survey and the Philly Fed, and Friday has UK government borrowing data and the BOJ policy meeting”.
Key Quotes:
“Today will obviously continue to see markets focus on unfolding events in Sydney. From a data perspective we only have the UK CBI industrial survey (consensus: +3), US industrial production (consensus: +0.7% MoM), and theNAHB confidence index for the housing market (consensus: a rise from 58 to 59)”.
“Tomorrow has the RBA minutes from December, where there is a possibility we might see fresh wording given Governor Stevens’ recent comments. We also have China’s December manufacturing PMI; the BOE’s banking stress test results; Markit services PMIs from Europe; UK CPI; the German ZEW survey; US housing starts; and the start of the two-day Fed meeting”.
“Wednesday has Japan trade data; BOE minutes; Eurozone CPI; US CPI; and the Fed decision, which will obviously be the pivot point for the whole week –and perhaps even more so given the plunge in oil and the public stance being taken by the only economist with genuine US household name recognition, Mr Krugman”.
“Thursday has the US Markit services survey and the Philly Fed, and Friday has UK government borrowing data and the BOJ policy meeting”.