Prices, Manufacturing in Focus: The Week Ahead, August 17, 2015

August 17th, 2015 by

In both the United States and around the globe, this week’s economic data focuses mainly on prices—both wholesale (producer) prices and consumer prices—and key manufacturing indices. Here’s a quick rundown of what to watch this week:

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  • Monday: Treasury International Capital will be announced this afternoon, providing a measure of the net flow of financial instruments such as Treasuries and securities in and out of the U.S.
  • Tuesday: Housing starts will be released, indicating the pace of new home construction.
  • Wednesday: The all-important FOMC minutes from July will be released, investors’ last look at the committee’s views before a potential September rate hike. The Consumer Price Index (CPI) will also come out, along with the EIA petroleum status report.
  • Thursday: First-time jobless claims for the week, along with existing home sales in July, will be released.
  • Friday: Flash manufacturing PMI, which gives a sense of how well the private sector economy is functioning, will be announced.

 

worldINTERNATIONAL

  • Monday: The Reserve Bank of Australia will release its meeting minutes in the evening.
  • Tuesday: Both CPI and the Producers’ Price Index (PPI) will be announced in the U.K., offering a gauge of both consumer prices and wholesale prices, respectively. Data for merchandise trade and industrial output will be released in Japan.
  • The global markets will also be watching the FOMC announcement on Wednesday.
  • Thursday: Retail sales numbers come out in the U.K. China announces its flash manufacturing PMI, while PPI measures are released in Germany.
  • Friday: France, Germany, and the EMU as a whole announce their respective flash composite PMI. In Canada, CPI and retail sales come out.