Next Week
May 2, 2014
The week ahead is packed with holiday closures, central bank policy meetings and statements, and numerous data reports.
Japan is in its Golden Week with closures on Monday for Children’s day and Tuesday for Greenery Day. The U.K. is also closed Monday for a spring bank holiday, and France will be observing V-E Day on Thursday.
Central bank policy meetings are scheduled at the European Central Bank and in Britain, Norway, Australia, Malaysia, the Philippines, Indonesia, South Korea, Poland, the Czech Republic, Serbia, Romania, and Peru. The Reserve Bank of Australia releases its quarterly Monetary Policy Statement, and the Bank of Japan publishes minutes from its April 7-8th Board meeting. Fed officials speaking in public next week include Kocherlakota, Bullard, Evans and Tarullo.
On the purchasing managers front, manufacturing surveys will be reported for China, Russia, South Africa, Canada and Lebanon. Non-oil surveys for the United Arab Republic, Egypt and Saudi Arabia are due. Hong Kong’s private-sector PMI arrives. Service-sector PMI survey will be released for the United States, Euroland, Germany, France, Italy, Spain, Ireland, India, Australia, Brazil, Japan, China, and Russia, The German and Australian construction PMIs arrive, and so do retail PMIs for the euro area, Germany, France and Italy. All the studies are for April.
Industrial production, trade and both the CPI and PPI will be especially featured next week.
- Countries releasing industrial output will include the U.K., France, Germany, Ireland, Sweden, the Czech Republic, Spain, Hungary, Norway, Finland, the Netherlands, Greece, South Africa, Turkey, and Brazil.
- Investors get the latest trade numbers for the United States, Canada, the Czech Republic, Hungary, Germany, Austria, Finland, Denmark, Britain, Portugal, France, Malaysia, Taiwan, China, Australia and Mexico.
- CPI figures arrive for Greece, Ireland, the Netherlands, China, Cyprus, Turkey, the Philippines, Norway, Brazil, Taiwan, and Colombia.
- And PPI releases are scheduled in Turkey, the euro area, the Philippines, Austria, China, Mexico, Norway, and Romania.
Other U.S. statistics getting announced next week are the JOLTS index, the IPD/TIPP Optimism index, consumer credit, wholesale inventories, quarterly productivity and unit labor costs, and weekly consumer comfort, chain store sales, energy inventories, jobless insurance claims, and mortgage applications.
The Sentix gauge of investor sentiment toward Euroland is due. Ezone retail sales and GDP projections made by the EU Commission arrive as well. So do German industrial orders and Greek unemployment.
In Britain, the Halifax house price index and Royal Institute of Chartered Surveyors’ house price index get reported. So do British car sales, construction output, and April GDP. The Swiss data calendar shows unemployment, consumer confidence, and currency reserves. Czech and Hungarian retail sales will be reported.
Japanese international reserves and index of leading economic indicators arrive, as do Indonesian GDP and Thai consumer confidence.
Canada releases monthly labor statistics next Friday. A separate Canadian release next week covers housing starts and permits.
Australia has several reports in the week: job ads, expected inflation, retail sales, consumer confidence, unemployment and jobs growth. Australia’s budget will be presented, too. South Africa and New Zealand each report unemployment. New Zealand also releases housing prices.
Copyright 2014, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: Economic Data Calendar
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