Key Macro Events And Developments In The Coming Week

Key Macro Events And Developments In The Coming Week

0 357

MRMR_1

Zero Hedge – One-stop summary of the key events and issues in the week ahead.

From Goldman

Monday 4 February

  • European Services PMIs (Jan)
  • US Factory Orders (Dec): GS: 2.7%, Consensus: 2.3%, Previous: 0.0%
  • Also interesting: UK Construction PMI

Tuesday 5 February

  • RBA Meeting: We expect no change to the Cash Rate at 3.00%, in line with consensus. The market is pricing a cut of  approximately 10bp.
  • US ISM Non-manufacturing Index (Jan): GS: 55.0, Consensus: 55.0, Previous: 55.7
  • China HSBC Services PMI (Jan): Previous: 51.7

Wednesday 6 February

  • Germany Factory Orders (Dec): Consensus: 0.9% mom, Previous: -1.8% mom
  • Czech Central Bank Meeting: GS: 0.05%, Consensus: 0.05%, Previous: 0.05%.
  • Poland Central Bank Meeting: In line with consensus we expect a 25bp cut to 3.75%.
  • Also interesting: Czech Industrial Output, Czech Trade Balance

More