The main events of the day

Thursday, January 18, is full of news on Australia, China and the US.

Market attention will be directed to data on China and the US, which will affect the main drivers of market movement.

At 02:00 – publication of sales of new housing (HIA) in Australia (m/m), the previous value is 1.6%.

At 02:01 – release of the balance of the price of housing in the UK from RICS, the previous value is 1%.

At 02:30 – data on employment in Australia:
– Change in employment in Australia, the forecast is 9.0K, the previous value is 61.6K.
– Change in full employment in Australia, the previous value is 41.9K.
– The unemployment rate in Australia, the forecast is 5.4%, the previous value is 5.4%.

At 06:30 – publication of the volume of industrial production in Japan (m/m), the forecast is 0.6%, the previous value is 0.6%.

At 09:00 – data on China:
– Investments in China’s fixed capital (y/y), the forecast is 7.1%, the previous value is 7.2%.
– China’s GDP (q/q), the forecast is 1.6%, the previous value is 1.7%.
– China’s GDP (y/y), the forecast is 6.7%, the previous value is 6.8%.
– The volume of industrial production in China (y/y), the forecast is 6.0%, the previous value is 6.1%.

Also at 09:00 – the speech of the President of the Bundesbank, Weidmann.

At 15:30 – a news block on the US:
– The number of building permits issued in the US (m/m), the previous value is -1.0%.
– The number of construction permits issued in the US, the forecast is 1.290M, the previous value is 1.303M.
– The volume of construction of new homes in the US, the forecast is 1.275M, the previous value is 1.297M.
– The volume of construction of new homes in the US (m/m), the previous value is 3.3%.
– The number of initial applications for unemployment benefits in the US, the forecast is 250K, the previous value is 261K.
– Index of manufacturing activity from the Federal Reserve Bank of Philadelphia (USA), the forecast is 25.0, the previous value is 27.9.
– The employment index of the Federal Reserve Bank of Philadelphia (USA), the previous value is 19.7.

Also, at 15:30 – Canada will change the number of people employed in the non-agricultural sector from ADP, the previous value is 59.2K.

At 18:00 – publication of data on oil reserves in the US:
– Reserves of crude oil in the US, the forecast is -3.588M, the previous value is -4.948M.
– Data on surplus oil reserves in Cushing (Oklahoma, USA), the previous value is -2.395M.

At 23:30 – release of the index of business activity in the manufacturing sector (PMI) of New Zealand, the previous value is 57.7.

Hanzenko Anton