Key events for next week: Eurozone, Britain and the United States PMI’s, German and US GDP, US consumer confidence, US Fed minutes
20.11.2020, 20:50

Key events for next week: Eurozone, Britain and the United States PMI’s, German and US GDP, US consumer confidence, US Fed minutes

On Monday, the focus will be on indices of business activity in the manufacturing sector and services sector for November: at 08:15 GMT, France will report, at 08:30 GMT - Germany, at 09: 00 GMT - the Eurozone, at 09:30 GMT - Britain, and at 14:45 GMT - the United States.

On Tuesday, at 07:00 GMT, Germany will announce changes in GDP for the 3rd quarter. At 07:45 GMT, France will report changes in GDP for the 3rd quarter. At 09:00 GMT, Germany will present the IFO business environment indicator, the IFO current situation assessment indicator, and the IFO economic expectations indicator for November. At 11:00 GMT, Britain will publish the retail sales index according to the CBI for November. At 12:05 GMT Bank of Japan Governor Kuroda will deliver a speech. At 14:00 GMT, the US will release the S&P/Case-Shiller home price index for September. At 14:00 GMT ECB chief Lagarde will deliver a speech. At 15:00 GMT, the US will publish the consumer confidence indicator and the Fed-Richmond manufacturing index for November. At 20:00 GMT the RBNZ financial stability report will be released, and  at 22:00 GMT RBNZ Governor Adrian Orr will deliver a speech.

On Wednesday, at 00:30 GMT, Australia will report changes in the construction work done for the 3rd quarter. At 09:00 GMT, Switzerland will present an index of Swiss investor expectations, according to ZEW and Credit Suisse data for November. At 13:30 GMT, the US will announce changes in the volume of GDP for the 3rd quarter, the volume of orders for durable goods for October, the balance of foreign trade in goods for October and the number of initial applications for unemployment benefits for October. At 14:00 GMT, Belgium will release the business sentiment index for November. At 15:00 GMT, the US will report changes in new building sales for October, personal spending and income levels for October, and present the University of Michigan consumer sentiment index for November. At 15:30 GMT, the US will announce changes in oil reserves according to the Ministry of energy. At 18:00 in the US, the Baker Hughes report on the number of active oil drilling rigs will be released. At 19:00 GMT in the US, the minutes of the Fed meeting will be published. At 21:45 GMT, New Zealand will announce a change in the foreign trade balance for October. 

On Thursday, at 00:30 GMT, Australia will announce a change in the volume of capital expenditures in the private sector for the 3rd quarter. At 07:00 GMT, Germany will release the Gfk consumer climate index for December. At 09:00 GMT, the Euro zone will report changes in the aggregate M3 of money supply and private sector lending for October. At 12:30 GMT in the Euro area, the ECB monetary policy meeting accounts will be released. At 23:30 GMT, Japan will publish the Tokyo consumer price index for November.

On Friday, at 07:00 GMT, Britain will release the Nationwide house price index for November. At 07:45 GMT, France will announce changes in consumer spending for October and release the consumer price index for November. At 10:00 GMT, the Euro zone will publish an index of economic sentiment, an index of business optimism in industry and an index of consumer confidence for November.

On Sunday, at 23:50 GMT, Japan will report changes in industrial production and retail trade for October.

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