Bank of England inflation report will be in focus next week

On Monday, the first data releases comes out of Japan. Current account data and consumer confidence numbers will be published.

Later from Europe, trade data are issued in Germany. Greece sees the release of industrial output numbers, while investor confidence data for the Eurozone are published by Sentix.

Housing starts figures are out in Canada and the US sees the publication of the latest Labour Market Conditions Index.

On Tuesday focus will be on Australia where business conditions data and house price numbers are released.

Wholesale price numbers are out in Germany, while France, Italy and the UK release industrial output data.

Moreover, the British Retail Consortium publishes its Retail Sales Monitor.

Economic and business sentiment data are published in the US.

On Wednesday, consumer sentiment data are issued in Australia.

There are no tier one data for the rest of the day and Japan is on holiday.

On Thursday, Australia publishes employment numbers.

Machinery orders numbers are out in Japan.

Inflation numbers are out in Germany, while the Eurozone sees an update on industrial output data.

In Greece, unemployment data are published.

Focus will be on the Bank of England publishes its quarterly Inflation Report. This will be quite important as the Bank closely monitors inflation when deciding when to raise interest rates.

House price numbers are issued in Canada, while the US sees updates on retail sales data and initial jobless claims.

On Friday, RBA Governor Glenn Stevens will be speaking.

Later in the day, fourth quarter GDP estimates and trade data are published for the Eurozone.

The Office for National Statistics releases construction output data for the UK.

In Canada, manufacturing sales numbers are out, while the US sees the publication of import and export prices and the Reuters/Michigan Consumer Sentiment Index.

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