Next Week
December 30, 2011
Most markets throughout the world will be closed Monday, January 2nd to observe the New Year’s holiday, and Japan stays closed on Tuesday as well. The Czech and Romanian central banks will be holding interest rate policy meetings, and minutes from this month’s FOMC meeting are being published.
Purchasing manager survey results for December will be reported on many economies. These forward-looking indicators continue to acquire greater importance to market players and as a cutting-edge guide for policymakers wanting to know what’s happening now.
Other euro area statistics due next week are consumer prices (the preliminary estimate), unemployment, producer prices, retail sales and consumer and business sentiment. Germany reports figures on the labor market, industrial orders, construction, and retail sales. French household spending and consumer confidence are scheduled. So are Italian and Dutch consumer prices and Finnish trade data.
Britain’s other releases include money growth, consumer credit, mortgage loans and shop prices. Switzerland’s CPI, Norwegian Industrial output and retail sales, Danish unemployment, and Icelandic trades arrive, too, as do Romanian and Hungarian producer prices and Czech and Hungarian industrial output.
The U.S. data calendar includes PMI data, construction spending, factory orders, and the trilogy of labor market releases (ADP’s estimate of private sector jobs, weekly jobless insurance claims, and the Labor Department monthly jobs survey). Weekly numbers on mortgage applications, chain store sales, energy inventories, and consumer confidence will also keep analysts busy.
Canada also reports monthly employment statistics as well as producer prices and raw material prices. Brazilian industrial production is scheduled, too.
It will be a quiet week for Japan. Some planned releases in other Asian countries are Indonesian and Thai consumer prices, Hong Kong retail sales, and Indian trades.
Australia announces trade figures and commodity prices, while Turkey will be reporting both the CPI and PPI figures.
Copyright 2011, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
ShareThis
