FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Information On State Of Households In The Fore This Week

AUSTRALIA DATA

The focus of the week is likely to be the December retail sales report given the outsized rise in November and the 300bp of tightening in 2022. The RBA is also back with Kohler and Rosewall appearing.

  • On Tuesday, December retail sales print. It is expected to fall slightly by 0.2% m/m after rising 1.4% in November as the Black Friday Sales have become increasingly important.
  • The RBA’s Head of Economics Kohler and Deputy Head Rosewell appear at the Select Committee on the Cost of Living on Wednesday. This is likely to be an important event, given that it will focus on the current inflation issues.
  • On Wednesday, CoreLogic house prices for January are released. A further decline is likely after they fell 1.2% m/m in December to be down 7.1% y/y.
  • The final Judo Bank PMIs for January print this week with manufacturing on Wednesday and the services and the composite on Friday. All indices are currently under the breakeven-50 level. The Q4 NAB business survey is released on Thursday.
  • Thursday sees building approvals for December which are expected to rise 1% m/m after falling 9% the previous month.
  • Home loan data for December is due on Friday with the headline expected to fall another 3% m/m after -3.7% the previous month. The RBA’s private credit series for December are published on Tuesday and the total is expected to rise another 0.5% m/m.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.