Next Week

April 6, 2013

In the week to April 12, central bank meetings are scheduled in Indonesia, South Korea, Poland and Serbia.  The Bank of Canada releases results of a quarterly business outlook survey.  Minutes of the March 19-20 FOMC meeting arrive, and numerous Fed officials have speaking engagements including Bernanke, Lacker, Lockhart, Plosser, Fisher, Bullard, Rosengren, Pianalto and Kocherlakota.  The ECB monthly Bulletin will be published.  There is a meeting of European finance ministers in Dublin and a visit by U.S. Treasury Secretary to Europe.  Obama’s budget goes to Capitol Hill.

Industrial production, trade, and consumer price data will be reported in many countries.  Places releasing industrial output include Euroland, Germany, the Netherlands, France, Greece, Spain, Italy, Denmark, the Czech Republic, Switzerland, Norway, the U.K., Poland, Sweden, Mexico, South Africa, Hungary, India, and Turkey.

Trade figures arrive in China, Hungary, Finland, Taiwan, Chile, Germany, France, Denmark, Portugal, Britain, Romania, Cyprus, India, and Austria.

CPI figures are due in China, Chile, Taiwan, the Netherlands, Germany, France, Ireland, Spain, Italy, the Czech Republic, Switzerland, Norway, Portugal, Brazil, Mexico and Sweden.

Excluding the above, the data calendar shows the following items.

  • The Japanese current account, machine tool orders, machinery orders, tertiary index, money and bank lending growth, the economy watchers index, corporate goods prices, and consumer confidence.
  • Chinese producer prices, international reserves, and money and bank lending, .
  • South Korean unemployment and Indonesian retail sales.
  • British monthly GDP, same store sales, RICs house price index, and index of leading economic indicators.
  • Swiss retail sales, unemployment, and producer prices as well as Norway’s PPI.
  • Euroland house prices and the Sentix gauge of investor sentiment.  French business sentiment and current account.  German producer prices, Italian wages, and Greek import prices and unemployment.
  • U.S. small business sentiment (the NFIB index), JOLTS index of labor market layoffs and hirings, wholesale and business inventories, producer prices, import and export prices, and the preliminary April consumer confidence gauge compiled by Reuters and the U. of Michigan.  Investors will also learn the usual weekly figures for jobless insurance claims, mortgage applications, consumer comfort, energy inventories and chain store sales.
  • Canadian housing starts, building permits and new home prices.
  • Brazilian retail sales, the Turkish and Danish current accounts, and South African wholesale turnover.
  • Australia’s performance of services index, job ads, business confidence and conditions, expected inflation index and, most importantly, monthly labor force survey of jobs and unemployment. 
  • New Zealand food prices and business sentiment.

Copyright 2013, Larry Greenberg.  All rights reserved.  No secondary distribution without express permission.

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