Follow these issues in 3 days later. U.S, U.K, E.U, Japan and Australia be will be the key subject for the issues.
Wee look up over the weekend first, world leaders met for the G8 and G20 summits in Canada, where Chinese officials said they welcomed discussions about currencies as part of global economic talks, but insisted Beijing alone should determine policy on the yuan.
The comments came after the yuan hit a post-revaluation high against the dollar after China's central bank set its daily mid-point at a post-revaluation high in an apparent goodwill gesture ahead of the G20 summit.
Next week, the United States will release key data on personal spending, employment change, unemployment claims and the national unemployment rate. Industry reports will be published on U.S. house prices, consumer confidence, pending home sales and private sector employment change.
The European Union, for its part, will produce reports on M3 money supply, consumer price inflation, and the unemployment rate of the euro zone. Germany, the 16-nation region's largest economy, will also release data on consumer price inflation, as well as a report on unemployment change.
Elsewhere in the world, Japan will release reports on retail sales, consumer spending and manufacturing activity; Canada and Britain will publish GDP data; Australia will produce reports on retail sales and building approvals; a report on New Zealand business confidence will be published; and a closely watched report on the Swiss economy will be released.
Sunday, June 27
Japan will publish monthly data on retail sales, the primary gauge of consumer spending.
Monday, June 28
The National Bank of New Zealand will publish a closely watched monthly report on business confidence, a leading indicator of economic health. Later Monday, New Zealand will release data on building approvals, a leading gauge of future construction activity.
Meanwhile, Germany will publish preliminary data on consumer price inflation. The EU will then release reports on M3 money supply, measuring the change in the total quantity of domestic currency in circulation and deposited in banks, and private loans.
Also Monday, the U.S. will publish a report on personal consumption expenditures, which sheds light on consumer spending, and data on personal spending and personal income.
Later in the day, Japan will publish reports on industrial production and household spending.
Tuesday, June 29
UBS AG, the global financial services firm, will publish its monthly Swiss Consumption Indicator, a composite index based on five consumer-based economic indicators.
Canada, meanwhile, will release data on the change in the price of raw materials published by manufacturers, a leading indicator of consumer inflation.
Wednesday, June 30
The Nationwide Building Society will release important data on U.K. house prices. Britain will also publish a final estimate of its first-quarter gross domestic product, the broadest measure of economic activity.
The KOF research institute will then publish data on the Swiss economy, in the form of a composite index based on 12 economic indicators related to the housing sector, banking confidence, production, new orders and consumer confidence.
Also Wednesday, the EU will publish a preliminary report on consumer price inflation in the euro zone. The president of the European Central Bank, Jean-Claude Trichet, is due to speak later at a press conference in Rome.
Payroll processing firm ADP, meanwhile, will release a key report on employment change in the U.S. private sector. Later in the day, Canada will publish monthly GDP data.
The Bank of Japan will then publish its Tankan Large Manufacturers Index, measuring business conditions in Japan's manufacturing sector.
Thursday, July 1
Australia will release a key monthly report on building approvals, a gauge of future construction activity. The country will also release data on retail sales.
The market research group Markit will then publish a report on manufacturing activity in the euro zone based on a survey of purchasing managers. The group will publish a similar report slightly later in the day for the U.K. manufacturing sector.
Later Thursday, the U.S. will release key weekly data on initial jobless claims. Industry data will also be published on the U.S. housing market and manufacturing sector.
Friday, July 2
Markit will publish a monthly report on activity the U.K. construction sector based on a survey of purchasing managers.
Also Friday, the EU will release data on the euro zone unemployment rate, detailing the percentage of the work force that is unemployed and actively seeking employment during May.
The U.S. will later publish heavily anticipated data on nonfarm employment change and the national unemployment rate.
source : Forexpross.com
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