Key economic releases for the week ahead - Rabobank
Analysts at Rabobank lists down the key economic releases for this week which is likely to have an impact on global investors risk appetite.
Key Quotes
“Today has started with Chinese property prices, the epicentre of the Chinese bubble recovery. They showed further stellar increases (Beijing 2.2% m-o-m, 27% y-o-y; Shanghai -0.1% m-o-m; 19.8% y-o-y) with prices up m-o-m in 62 cities in March vs. 56 in February. So much for those socalled housing controls: I guess now the authorities will have to keep tightening them…until we reach a sudden tipping point that bursts the bubble(?)”
“Wednesday has just final Eurozone CPI along with the ECB’s Coeure and Print Praet and then the Fed’s Rosengren speaking;”
“Thursday has Kiwi Q1 CPI and Japanese trade, and then the US Philly Fed; and”
“Friday sees April PMIs in Europe, Canadian CPI, and the Markit PMIs and existing home sales in the US.”
“Then we have that the little matters of the US naval armada arriving near North Korea and the French presidential election over the weekend. Have a good week!”