In the macroeconomic statistics coming out next week, the following indicators can be distinguished :
Monday
Retail sales data will be released in New Zealand. In Japan, the producer price index and the volume of orders for mechanical engineering products will be published. In China, the data of foreign direct investment will become known.
On this day, a meeting of the Eurogroup will be held with the participation of its president, the finance ministers of the countries, the Commissioner for Economy and Monetary Policy and the head of the ECB. The wholesale price index will be released in Germany. ECB Vice President Luis de Guindos will deliver a speech.
The US Department of Agriculture will publish a report. Fed representative John Williams will make a speech.
Tuesday
In Australia, new home sales data will be published. The National Bank of Australia will present an index of confidence and an indicator of conditions in the business environment. In China, data on imports, exports and the overall trade balance will be released.
Retail sales data will be available in the UK. The Financial Policy Committee will publish the minutes of the last meeting. The Bank of England will present a report on financial stability. In Germany, the main and harmonized consumer price indices will be released. In Switzerland, the producer price index will be published, and in France – the consumer price index. On this day, a meeting of the Council of Ministers of Finance and Economy will be held.
In the US, the NFIB business optimism index, the basic and main consumer price indices and the Redbook retail sales indicator will be published. And also in the United States, a monthly report on the state of the budget will be released. The American Petroleum Institute will report on the reserves of raw materials for the past week.
Wednesday
In Australia, the Westpac consumer confidence index will be published. A meeting of the Reserve Bank will be held in New Zealand, the regulator's decision on the interest rate will become known. In Japan, data on industrial production and capacity utilization will be released.
In the UK, the retail price index, the basic and main consumer price indices and the producer price index will be known. In Spain and Sweden, inflation data will also be released. In the Eurozone, industrial production indicators will be published. The representative of the Bank of England, Michael Saunders, will make a speech.
In the US, the MBA mortgage lending index and the producer price indicator will be released. In Canada, the volume of production sales will be published. On this day, a meeting of the Bank of Canada will be held, following its results, an accompanying statement will be issued and the decision on the interest rate will be known. The Energy Information Administration will report on commercial oil reserves in the United States at the end of last week. Fed Chairman Jerome Powell will address Congress, as well as representatives of the ECB and the Bank of England, Isabel Schnabel and Dave Ramsden, will make statements. The Fed will also present the Beige Book Economic Review.
Thursday
Data on foreign and national investments in securities will be released in Japan. In Australia, expectations for consumer price inflation, the unemployment rate, the level of full and part-time employment will be known. China will publish data on retail sales and industrial production, the housing price index and economic growth data for the first quarter of this year. The National Bureau of Statistics of China will hold a press conference on the same day. In Japan, the index of activity in the service sector will be known.
The UK will publish the unemployment rate, the number of applications for unemployment benefits and the average salary. In Italy, consumer inflation indicators will be released.
In the US, the indices of business activity in the manufacturing sector of New York and Philadelphia, the number of initial and repeated applications for unemployment benefits, import and export price indices, industrial production data and an indicator of the cost of housing will be known. In Canada, the ADP employment report will be released. Fed Chairman Jerome Powell will make a statement to Congress. The Energy Information Administration will report on natural gas reserves in the United States following the results of last week.
Friday
In New Zealand, the REINZ house price index, an indicator of business activity in the manufacturing sector and the consumer price index will be released. On this day, the Bank of Japan will hold a meeting, the decision on the interest rate will be announced.
In the Eurozone, the basic and main consumer price indices for June and the trade balance will be published.
In Canada, data on the construction of houses, wholesale sales and investment indicators in local and foreign securities will be released. In the United States, retail sales data and the University of Michigan consumer confidence indicator will be published. Baker Hughes will report last week on the number of active drilling rigs in the United States and the world.