Stockholm (Ekonamik) – Following this week’s BoC meeting in Canada, next week will be relatively calm. Among central bank, meetings will come from emerging markets Indonesia, South Korea and South Africa.
Data wise, China’s release of GDP figures for the second quarter will be dominant. “GDP growth is expected to decline to 6.2% year-on-year, down from 6.4% in the first quarter. This is consistent with the official 2019 target of 6-6.5%, and compares with actual growth of 6.6% last year,” said Silvia Dall’Angelo Senior Economist at Hermes Investment Management in her preview of the data release.
A range of inflation and unemployment figures will also be published for other countries. Politically, the focus will be on the EU-Canada summit as well as on the G7 meeting.
| 15/07/2019 | Monday | GDP Growth Rate (China) (2019Q2) |
| WPI Inflation (India) (June) | ||
| NY Empire State Manufacturing Index (July) | ||
| Fed Speech (Williams) |
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| 16/07/2019 | Tuesday | Unemployment Rate (UK) (May) |
| Zew Economic Sentiment Index (Germany, €Z) (July) |
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| Consumer Price Inflation (Argentina, Italy) (June) |
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| RedBook (USA) (July) |
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| Industrial Production (Russia, USA) (June) |
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| Manufacturing Production (USA) (June) | ||
| BoE Speech (Carney) |
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| Fed Speech (Bostic, Bowman, Evans, Kaplan, Powell) |
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| 17/07/2019 | Wednesday | Consumer Price Inflation (Canada, €Z, UK) (June) |
| Unemployment rate (Russia) (June) |
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| GDP Growth (Russia) (June) |
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| Fed Beige Book (USA) |
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| ECB Speech (Coeure) | ||
| EU-Canada Summit | ||
| G7 Finance ministers and central banks' governors meeting |
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| Bond Issuance (Germany) |
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| 18/07/2019 | Thursday | Monetary Policy Meeting (Indonesia) |
| RBSA Monetary Policy Meeting (South Africa) |
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| BoK Monetary Policy Meeting (South Korea) |
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| Philadelphia Fed Manufacturing Index (July) |
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| Fed Speech (Bostic, Williams) |
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| EU-Canada Summit |
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| G7 Finance ministers and central banks' governors meeting |
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| Bond Issuance (France, Spain, USA) |
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| 19/07/2019 | Friday | Consumer Price Inflation (Japan) (June) |
| University of Michigan Economic surveys (USA) (July) |
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| Fed Speech (Bullard, Rosengren) |
