The United States, United Kingdom, and Japan will be the focus of this week’s major events. We’ll fill you in with the details below:
Event:Inflation Report Hearings – United Kingdom
Date:June 24, 2014
Time:8:30am (GMT)
What It Is About and Why It’s Important
This event is where the Treasury Committee reviews the expenditure, administration, and policy of a number of public bodies, including the BoE.
Event:GDP Annualised (Q1) – United States
Date:June 25, 2014
Time:12:30pm (GMT)
What It Is About and Why It’s Important
The US’ annualised GDP is expected to contract by 1.6 per cent in Q1, whereas the previous quarter saw a rise by 2.6 per cent.
Event:National/Tokyo CPI (YoY, May) – Japan
Date:June 26, 2014
Time:11:30pm (GMT)
What It Is About and Why It’s Important
Japan will release a set of CPI-related data in the early morning of Friday, local time. These include the National CPI in May, the Tokyo CPI, and the National CPI ex food and energy.
Event:GDP (QoQ/YoY, Q1) – United Kingdom
Date:June 27, 2014
Time:8:30am (GMT)
What It Is About and Why It’s Important
The country’s GDP is expected to be slightly higher compared to the past 12 months and the previous quarter. YoY GDP is seen to be at 3.1 per cent (previously 2.7 per cent), while the QoQ growth is expected to be at 0.8 per cent (previous 0.7 per cent).