Japan GDP, U.S. Retail Sales, SAC, Cisco: Week Aug. 10-17Heather Langan, Greg Miles and Jim McDonald
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.
Wal-Mart Stores Inc., Cisco Systems Inc. and A.P. Moeller-Maersk A/S will be among companies releasing results.
SATURDAY, AUG. 10
SUNDAY, AUG. 11
MONDAY, AUG. 12
TUESDAY, AUG. 13
WEDNESDAY, AUG. 14
THURSDAY, AUG. 15
FRIDAY, AUG. 16
SATURDAY, AUG. 17
Note to our readers: Click on blue ECONOMY headline at bottom of each day for access to Bloomberg’s complete global economic calendar.