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Economic news
12.08.2022

Key events for next week: UK and Australia unemployment rate, Canada, UK and Japan CPI, RBNZ interest rate decision, US and UK retail sales

On Monday, at 02:00 GMT, China will announce changes in the volume of investments in fixed assets, industrial production and retail trade for July. At 04:30 GMT, Japan will report a change in industrial production for June. At 06:30 GMT, Switzerland will release the producer and import price index for July. At 10:00 GMT, Germany will present the Bundesbank's monthly report. At 12:30 GMT, Canada will announce a change in wholesale sales and manufacturing shipments for June. Also at 12:30 GMT, the US will publish the NY Fed Empire State manufacturing index for August. At 14:00 GMT, the US will release the NAHB housing market index for August. At 20:00 GMT, the United States will announce a change in the net and total volume of purchases of long-term American securities by foreign investors for June.

On Tuesday, at 01:30 GMT, in Australia, the RBA Meeting's Minutes will be released. At 04:30 GMT, Japan will present the index of activity in the service sector for June. At 06:00 GMT, Britain will report changes in the number of applications for unemployment benefits and the unemployment rate for July, as well as average earnings for June. At 09:00 GMT, Germany and the eurozone will publish an index of business sentiment from the ZEW Institute for August. Also at 09:00 GMT, the eurozone will announce a change in the foreign trade balance for June. At 12:15 GMT, Canada will announce a change in the housing starts for July, and at 12:30 GMT it will publish the consumer price index for July and announce a change in the volume of transactions with foreign securities for June. Also at 12:30 GMT, the United States will announce changes in the number of construction permits and the housing starts for July. At 13:15 GMT, the United States will announce changes in industrial production and capacity utilization for July. At 22:45 GMT, in New Zealand, the producer price index for the 2nd quarter will be released. At 23:50 GMT, Japan will report changes in the core machinery orders and the balance of foreign trade for July.

On Wednesday, at 00:30 GMT, Australia will publish the index of leading economic indicators from the Melbourne Institute for July, and at 01:30 GMT - the index of labor costs for the 2nd quarter. At 02:00 GMT, in New Zealand, the RBNZ interest rate decision will be announced, and at 03:00 GMT, the RBNZ press conference will be held. At 06:00 GMT, Britain will publish the consumer price index, retail price index, producer purchase price index and producer selling price index for July. At 09:00 GMT, the eurozone will announce changes in GDP and employment levels for the 2nd quarter. At 12:30 GMT, the United States will announce a change in the volume of retail trade for July, and at 14:00 GMT - a change in the business inventories for June. At 14:30 GMT in the United States, the crude oil inventories report will be released. At 18:00 GMT, in the US, FOMC meeting minutes will be published.

On Thursday, at 01:30 GMT, Australia will announce changes in the unemployment rate and the number of people employed for July. At 09:00 GMT, the eurozone will release the consumer price index for July. At 12:30 GMT, Canada will publish the producer price index, the raw material price index and the new housing price index for July. Also at 12:30 GMT, the US will present the Fed-Philadelphia manufacturing index for August and report changes in the number of initial applications for unemployment benefits for August. At 14:00 GMT, the United States will announce a change in existing home sales for July. At 22:45 GMT, New Zealand will publish a report on the trade balance for July. At 23:01 GMT, Britain will present the GfK consumer confidence indicator for August. At 23:30 GMT, Japan will release the consumer price index for July.

On Friday, at 06:00 GMT, Britain will announce changes in retail sales and net public sector borrowings for July. At 06:00 GMT, Switzerland will report a change in the foreign trade balance for July. Also at 06:00 GMT, Germany will release the producer price index for July. At 08:00 GMT, the eurozone will announce a change in the current account for June. At 12:30 GMT, Canada will announce a change in retail sales for June. At 17:00 GMT, in the United States, the Baker Hughes report on the number of active oil drilling rigs will be released.

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