Next Week

April 9, 2011

Central Bank interest rate policy meetings are scheduled next week in Indonesia, South Korea, Mexico, and Canada.  Minutes from the mid-March Bank of Japan meeting, the Fed’s Beige Book, the ECB monthly Bulletin, and the Bank of Canada’s Monetary Policy Support will be released.  The G24, which comprises developing economies in Asia, Latin America and Africa, will be holding meetings in Washington all week.

Scheduled U.S. data releases include retail sales, consumer and producer prices, industrial production and capacity usage, the NAHB housing index, business inventories, the trade deficit, the budget deficit, import prices, the JOLTS labor market report, the Treasury statistics on securities transactions, the IBD?TIPP optimism index, the Empire State manufacturing index, the U. Michigan index of consumer sentiment, and weekly indications for jobless insurance claims, energy inventories, chain store sales, mortgage applications and consumer confidence.

Some upcoming Euroland releases will cover industrial production, consumer prices, trades, and the ZEW index of investor confidence.  Many national statistics by EMU members are also due: German consumer and wholesale prices; French industrial output, current account and CPI; Italian trades, consumer prices and industrial production; Dutch trades and retail sales; Spanish, Finnish, and Portuguese consumer prices, Greek unemployment, and Spain’s index of leading economic indicators.

Britain releases consumer prices, trades, same-store sales, the Nationwide consumer confidence index, and the RICs and DCLG housing market indices.  Norway, Sweden, and Denmark report consumer prices.  Danish trades, Swiss producer prices, and Icelandic unemployment figures arrive as well.

Poland, Hungary, Romania and the Czech Republic are four eastern European economies releases new CPI data.  Czech producer prices and Polish money growth figures are also scheduled.

One of next week’s data highlights will be the release of Chinese trades, money and lending growth, retail sales, fixed asset investment, industrial production, and quarterly GDP.  India and Malaysia report industrial production.  South Korea releases unemployment and money growth, while Singapore announces retail sales. Australian auto sales and expected inflation, New Zealand business sentiment and food prices, and Turkey’s current account and jobless rate get reported, too.

Regarding Japan, investors will get new readings on the Reuters monthly Tankan, machinery orders, money growth and bank lending, corporate goods prices, industrial production, and machine tool orders.

Canada releases auto sales, the monthly manufacturing survey, trade data and house prices. Mexican trades and Brazilian retail sales also arrive next week.

Copyright Larry Greenberg 2011.  All rights reserved.  No secondary distribution without express permission.


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