Heavy macroeconomic agenda to toy with markets Mads Koefoed, Filed in: 3 numbers to watch 17 August 2010 at 8:09 GMT Non-Independent Investment Research The minutes from the RBA’s latest meeting shows that the bank has turned neutral as headwinds and tailwinds are evening out. Not surprising considering the number of weak reports in recent weeks. ZEW surveys out of Germany and Eurozone this morning are potential triggers. Consensus is quite negative, which is likely a reflection of the volatility in financial markets in August so far. Housing Starts and Building Permits are important US numbers which are likely to be fairly mediocre as the housing market looks for a bottom after the Homebuyer Tax Credit disruption in 2Q. Leading indicators of US Industrial Production are all pointing to a slowdown (at best), so expect weakness in IP in 2H. Also watch out for UK CPI, which has been quite sticky, and US PPI. And finally watch out for Wal-Mart and Home Depot reporting before the Bell. Tweet Like LinkedIn Share Google+ Previous Next Comments Please sign in to comment or ask the author a question about this article. Recommended Recommend Unrecommend Recommend Tweet Like LinkedIn Share Google+ Related articles Asian forex trade looks for focus with SNB out the way Decision time for the CHF; SNB meeting eyed Market Preview - 30 June 2011 JPY slightly weaker in Asia on earthquake news Market to fade the risk bounce and buy the USD? Topics This post appears under the following topics... Housing Starts and Completions Producer Price Index macro Consumer Price Index