Japan GDP, U.S. Retail Sales, SAC, Cisco: Week Aug. 10-17
Japan’s economy probably grew in the April-June period, its third straight quarter of growth, data in the coming week are likely to show.
In the U.S., retail sales probably rose for a fourth straight month and industrial production climbed for a second month in July. The euro-area is likely to have exited a recession in the second quarter after a record six quarters of contraction, data may show.
Investors in SAC Capital Advisers LP face a deadline to redeem money for the third quarter from founder Steven Cohen’s hedge fund, which has been indicted for perpetrating what the U.S. calls an unprecedented insider-trading scheme.
SATURDAY, AUG. 10
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