Weekly Reports | Feb 12 2010
Europe will release its fourth quarter GDP tonight. Such a release is always significant, but it takes on even more significance this time in the context of the European debt bail-out. Has the euro-zone economy performed sufficiently? A poor result would put rescue plans for Greece and anyone else into perspective.
The US will have public holiday on Monday night for Presidents' Day. China will have all of next week off for its New Year celebrations.
Next week in the US sees the release of important housing data, along with industrial production, the Empire State and Philadelphia economic activity indices, the release of the Fed minutes, and the CPI to round off the week on Friday. Thursday's measure of leading economic indicators is also data closely watched.
The minutes of the February RBA meeting will make for interesting reading on Tuesday, given the surprise “no change”. It is otherwise a quiet week in Australia for economic data releases.
Japan will release its fourth quarter GDP on Monday and the Bank of Japan will make a rate decision on Thursday, although no change is expected. Following on from tonight's euro-zone GDP will be its December trade balance on Wednesday.
The Australian company reporting season moves into its third, and second most busy, week next week. The following week is jam packed with results before it all ends before March.
There are too many stocks reporting next week to suggest “highlights” can be drawn. Best to consult the FNArena calendar for all the details. Look out for The Week Ahead on Monday for a more comprehensive preview of the week ahead.
