The main events of Wednesday!
On Wednesday, September 19, the economic calendar will be saturated with data, among which the trade balance and the interest rates decision in Japan, data on consumer prices in the UK and data on real estate in the USA deserve special attention.
At 01:45 – data on the trade balance of New Zealand:
– Current account balance (q / q) (Q2), forecast -1.32B, previous value 0.18B.
– Current account balance (y / y) (Q2), forecast -8,09B, previous value-7,91B.
At 02:50 – data on Japan’s trade balance:
– Trade balance with seasonal fluctuations, forecast -0.14T, previous value -0.05T.
– Volume of exports (y / y) (Aug), forecast 5.6%, previous value 3.9%.
– Trade balance (Aug), forecast -469B, previous value -232B.
At 04:30 – the speech of the RBA Assistant Governor Kent will take place.
At 06:00 – the Bank of Japan (y / y) monetary policy statement will be published.
At 06:00 – the Bank of Japan interest rate decision, forecast -0.10%, previous value -0.10%.
At 09:00 – producer price index (PPI) of Germany (m / m), previous value 0.2%.
At 11:30 – data on consumer prices in the UK:
– Consumer Price Index (CPI) (m / m) (Aug), 0.5% forecast, previous value 0.0%.
– Consumer price index (CPI) (y / y) (Aug), forecast 2.4%, previous value 2.5%.
– Purchasing Producer Price Index (MoM) (Aug), 0.4% forecast, previous value 0.5%.
At 15:30 – data on the US:
– Number of building permits issued (m / m) (Aug), forecast -0.1%, previous value 1.5%.
– Number of building permits issued (Aug), forecast 1.310M, previous value 1.311M.
– Current account balance (Q2), forecast -103,5B, previous value -124,1B.
– Housing starts (m / m) (Aug), forecast 5.8%, previous value 0.9%.
– Housing starts (Aug), forecast 1.235M, previous value 1.168M.
At 17:00 – the speech of the ECB President Draghi will be held.
At 17:30 – data on oil inventories in the US:
– Crude oil inventories, forecast -2.391M, previous value -5.296M.
– Cushing, Oklahoma, crude oil inventories, previous value -1,242M.
Hanzenko Anton