Trading Radar: Europe Gets Set for Economic News

By Michael Sedacca Sep 02, 2011 4:30 pm

Economics, earnings reports, and market events for the week ahead.



After a disappointing week in the US, following a breakeven non-farm payrolls number and poor manufacturing results, the upcoming holiday shortened week in the US will be a relatively quiet one for economic news. However, in Europe we can expect to see some important releases from most of the major countries. Hopefully with this information we can pull back the curtain on the internal economic health of these nations. Keep your eyes on the Greek bond offering on Tuesday as this will hint at the confidence level of the European countries to stomach any more Greek debt. In the earnings space there are no major reports scheduled to be released in the coming week.


Monday, September 5

US Economics
Markets are closed for Labor Day holiday

Global Economics
08:00 EUR Euro-Zone PMI
08:30 GBP PMI
09:00 EUR Euro-Zone Retail Sales


Tuesday, September 6

US Economics
10:00 ISM ex-manf

Global Economics
EU1bln Greek 26-week bond offering
01:30 AUD Home Loans
04:30 AUD Reserve Bank of Australia Rate Decision
07:15 CHF CPI
09:00 EUR Euro-Zone GDP
10:00 EUR German Factory Orders

Earnings
Before: PIKE
After: FRAN, FCEL, KONG, MILL, PBY, PAY


Wednesday, September 7

US Economics
07:00 MBA Mortgage Purchase Index
10:00 JOLTs Job Openings
2:00 Fed’s Beige Book

Global Economics
JPY Bank of Japan Rate Decision
01:30 AUD GDP
08:30 GBP Industrial Production
13:00 CAD Bank of Canada Rate Decision
23:50 JPY Machine Orders
23:50 JPY Trade Balance

Earnings
Before: AMSC, CVGW, CONN, HITK, LAYN, NAV, SCMR, TLB
After: AVAV, CASY, CEDU, GIII, HOV, MTRX, MW, MIND, SEAC, SWHC, STEI


Thursday, September 8

US Economics
08:30 Initial Claims
08:30 Continuing Claims
08:30 Trade Balance
03:00 Consumer Credit

Global Economics
01:30 AUD Employment Change
05:45 CHF Unemployment Rate
11:00 GBP BoE Asset Purchase Target
11:00 GBP BoE Rate Decision
11:45 EUR ECB Rate Decision
23:50 JPY GDP

Earnings
Before: KFY, SFD, TITIN, UNFI
After: ABM, ARAY, GCOM, NSM, ULTA


Friday, September 9

US Economics
10:00 Wholesale Inventories

Global Economics
CNY Industrial Production
CNY Retail Sales
02:00 CNY CPI
05:00 JPY Consumer Confidence
06:00 EUR German CPI

Earnings
Before: KR, LULU, PNY
After:

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No positions in stocks mentioned.

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