Next Week
January 7, 2011
The week to January 14 has only a few scheduled central bank meetings (in Euroland, Britain, and Chile). A considerable body of lower tier economic data is scheduled for release. Japan will be closed by Coming of Age Day on Tuesday, and the Fed Beige book is due on Wednesday.
Industrial production figures will be released by the United States, Great Britain, Euroland, France, Italy, Holland, Greece, India, Mexico, Hungary, Romania, Sweden, Turkey, and Malaysia.
Countries reporting trade and/or current account data include the United States, China, Japan, Great Britain, Canada, Mexico, Australia, New Zealand, Euroland, France, Italy, the Netherlands, Portugal, Turkey, Iceland, Denmark, and Hungary.
Consumer prices are due from the United States, euro area, Germany, France, Italy, Sweden, Norway, Denmark, Spain, Portugal, Greece, Hungary, and Romania. Producer prices arrive in the United States, India, Norway and Japan.
The U.S., Australia, Denmark, Czech Republic, and Netherlands announce retail sales during the week, and Britain’s Retail Consortium reports on same-store sales. Japan, Poland, China and the Philippines release money and credit growth numbers.
In addition to the above statistics, investors will learn the latest U.S. trends for business and wholesale inventories, import prices, the IBD/TIPP confidence index, the U. Michigan early January gauge of consumer confidence, the federal budget, and weekly indicators covering jobless insurance claims, chain store sales, consumer confidence, mortgage applications and energy stocks.
Canadian housing starts, building permits, and home prices are due, as are its auto sales.
Japan is set to report machinery orders, machine tool orders, the index of leading economic indicators and the economy watchers index.
New Zealand reports building permits, and Australia releases figures on mortgage loans. More importantly, Australia’s monthly labor statistics are due as well.
The first estimate of German GDP growth in full-2010 arrives on Wednesday, and market participants will then be able to infer the rate of growth last quarter. Likewise, a December growth estimate from Britain’s National Institute of Economic and Social Research will provide the first indication fourth-quarter GDP expansion in that economy as well. France’s monthly budget gets published. So does Greek unemployment.
Copyright Larry Greenberg 2011. All rights reserved. No secondary distribution without express permission.
ShareThis
