Weekly Reports | Feb 20 2015
For a more comprehensive preview of next week’s events, please refer to “The Monday Report”, published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the FNArena Calendar.
By Greg Peel
“Exit” is a Latin word, but can it be translated into Greek? The world is holding its breath ahead of tonight’s meeting of Greece’s creditors.
Notwithstanding whatever the outcome may be, next week is a very busy one in both macro and micro terms. Locally we see the final and most crowded week of the corporate result season, and by week’s end we are counting down to Australia’s December quarter GDP result.
Australian economic data releases next week include December quarter construction work, wage prices and private sector capex, along with January private sector credit. On the local stock front, there are too many results releases due to attempt to offer highlights. Please refer to the FNArena Calendar.
Elsewhere, a busy data week in the US sees existing, new and pending home sales and the Case-Shiller and FHFA house price indices, the Chicago Fed national activity and Richmond Fed manufacturing indices, CPI, consumer confidence, durable goods and the first revision of the US December quarter GDP.
If the Fed’s rate rise decision is data-driven, well take that little lot.
China will return from holiday on Wednesday and HSBC will provide its flash estimate of February manufacturing PMI, although New Year always distorts Chinese data over these couple of months.
In Europe, whatever its make-up by Monday, the German IFO business sentiment survey is due along with the eurozone CPI. Japan will also report its CPI along with industrial production and unemployment numbers.
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