Next Week Important Economic Data

Next week I'm expecting the Manufacturing Indexes from all around the world (China, Europe, USA) to put make a mark on the development of financial markets. Friday being a job report in USA, most of the markets participants will wait for that number to see the strength of the american economy, if it's getting steam or if it's slowing down. I'm expecting an in line with the expectations number, around +140,000 newly jobs created and the unemployment rate to remain steady at 8,5%.
In Romania, National Bank Guvernor Isarescu will decide the interest rate on Thursday. I'm expecting a no change in the idea of awaiting more data from the economy and the inflation, although another 25 basis point cut to 5,50 % it won't be a big surprise.

Have a great week everybody.

Monday 30 January:
                               - US -  Personal Spending & Personal Income
                               - EU -  Economic Summit
                               - ROM - Economic activities trends
Tuesday 31 January:
                               - Quarterly results from: Exxon, Pfizer, UPS, Amazon
                               - US -  S&P Case Schiller 20 House Price Index
                               - US -  Consumer Confidence
                               - US -  Chicago Manufacturing Index
                               - EU -  German retail sales
                               - EU -  Unemployment rate
                               - ROM - Unemployment rate
                               - CHINA - Manufacturing Index
Wednesday 1 February:
                                - Quarterly results from: Qualcomm, Whirlpool, Franklin Resources
                                - US -  ADP - Non-farm employment change
                                - US -  ISM Manufacturing Index
                                - US -  Total vehicle sales
                                - EU -  Final Manufacturing Index
                                - EU -  Consumer Price Index - Flash estimate
                                - ROM - International reserves published by National Bank of Romania
Thursday 2 February:
                                - Quarterly results from: Dow Chemical, Mastercard, Merck, Starwood
                                - US -  Chain Store Sales
                                - ROM - Romania National Bank - Interest Rate Decision
Friday 3 February:
                                - US -  Unemployment rate
                                - US -  Non-farm payrolls
                                - US -  Factory orders
                                - US -  ISM Non-Manufacturing Index
                                - EU - Final Services Index
                                - EU -  Retail sales
                                - GBP - Services Index