• Key events for next week: eurozone, Britain and the United States PMI indices, Germany and the United States GDP change, US new home sales, US consumer sentiment index

Market news

20 August 2021

Key events for next week: eurozone, Britain and the United States PMI indices, Germany and the United States GDP change, US new home sales, US consumer sentiment index

On Monday, initially, the focus will be on business activity indices in the manufacturing sector and the service sector for August: Japan will report at 00:30 GMT, France at 07:15 GMT, Germany at 07:30 GMT, the eurozone at 08:00 GMT, and Britain at 08:30 GMT. At 10:00 GMT, Britain will publish the balance of industrial orders according to the CBI for August. At 13:45 GMT, the US will release the manufacturing PMI and the services PMI for August. At 14:00 GMT, the US will announce a change in existing home sales for July. Also at 14: 00 GMT, the eurozone will publish an indicator of consumer confidence for August. At 22:45 GMT, New Zealand will announce a change in retail trade volume for the 2nd quarter.

On Tuesday, at 06:00 GMT, Germany will announce the change in GDP for the 2nd quarter. At 14:00 GMT, the US will report on the change in new home sales for July and will release the Fed-Richmond manufacturing index for August. At 22:45 GMT, New Zealand will announce a change in the foreign trade balance for July.

On Wednesday, at 01:30 GMT, Australia will report on the change in construction work done for the 2nd quarter. At 08:00 GMT, Switzerland will release an index of investor expectations, according to ZEW and Credit Suisse for August. At 08:00 GMT, Germany will present the IFO business environment indicator, the IFO current situation assessment indicator and the IFO economic expectations indicator for August. At 10:00 GMT, Britain will release the retail sales index according to the CBI for August. At 12:30 GMT, the US will announce a change in durable goods orders for July. At 13:00 GMT, Belgium will publish an index of business sentiment for August. At 14:30 GMT, the US will report on the change in oil reserves according to the Ministry of Energy.

On Thursday, at 01:30 GMT, Australia will announce a change in the volume of capital expenditures in the private sector for the 2nd quarter. At 06:00 GMT, Germany will release the Gfk consumer climate index for September. At 08:00 GMT, the eurozone will report on the change in the M3 money supply and the private loans for July. At 11:30 GMT, in the eurozone, the ECB monetary policy meeting accounts will be released . At 12:30 GMT, the US will announce changes in GDP for the 2nd quarter and the number of initial applications for unemployment benefits. Also on Thursday, an economic symposium will be held in Jackson Hole. At 23:30 GMT, Japan will release the Tokyo consumer price index for August and report on the change in the unemployment rate for July.

On Friday, at 01:30 GMT, Australia will announce a change in the volume of retail trade for July. At 07:00 GMT, Switzerland will present the index of leading economic indicators from KOF for August. At 12:30 GMT, Canada will release the producer price index for July. Also at 12: 30 GMT, the US will publish the PCE price index for July, as well as report on changes in household income and expenses for July. At 14:00 GMT, the US will present the Reuters/Michigan consumer sentiment index for August. Also at 14:00 GMT in the United States, the head of the Federal Reserve Powell will make a speech. At 17:00 GMT, in the United States, the Baker Hughes report on the number of active oil drilling rigs will be released. Also on Friday, an economic symposium will be held in Jackson Hole.

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