Eurozone Inflation Data, US Jobs Report Dominate Week Ahead for E24 Readers
OSLO, Norway – A flurry of economic data releases this week, spanning from preliminary Eurozone inflation figures to the crucial US Nonfarm Payrolls report, will keep E24 readers and market participants closely focused on the evolving global economic landscape. The data drops come amid heightened uncertainty surrounding interest rate paths and potential recessionary pressures,particularly in Europe.
The week kicks off Tuesday with initial insights into Norwegian economic activity – new car registrations, alcohol sales, and income disparities among political candidates – alongside the Norwegian PMI at 10:00 local time. Tho, the spotlight will quickly shift to the Eurozone, with preliminary inflation data arriving at 11:00. This will be followed by US Industrial measurement (ISM index) at 16:00. Wednesday brings salmon export figures (week 35), Danske Bank’s conjunction forecasts, and Norwegian housing price data from Eiendom Norge at 11:00, alongside Nordea’s Economic Outlook at 12:00 and US job openings (Jolts) at 16:00. Thursday features traffic figures from Norwegian, quarterly reports from Andfjord Salmon and The Kingfish Company, and Norwegian sickness absence statistics. Swedish inflation figures (snabb-kpi) are due at 08:00, with US ADP figures at 14:15 and earnings reports from broadcom and Lululemon.The week culminates Friday with Norwegian advance voting data, Ørsted’s General Assembly at 09:00, Eurozone GDP numbers at 11:00, Norges Bank’s currency reserve management report at 10:00, and the all-crucial US Nonfarm Payrolls report at 14:30.
