Next Week

May 8, 2015

Central Bank Activity:  Interest rate policy meetings are scheduled next week in the U.K., Iceland, South Korea, Chile, Peru, and The Philippines.  The governors of the Bank of England, Bank of Japan and Reserve Bank of New Zealand will be delivering speeches, and the Bank of England’s quarterly Inflation Report and minutes from the last ECB Council meeting get published.

Greek Debt Talks:  The beat goes on, as Eurozone finance ministers meet on Monday-Tuesday.

U.S. Data Releases:  Industrial production, capacity usage, retail sales, producer prices, import prices, monthly budget, NFIB index of small business sentiment, Reuters/U. Michigan consumer sentiment, Fed’s index of labor market conditions, the NAHB housing index, the Empire State manufacturing index, the JOLTS index of job hires and separations, Treasury-compiled TIC report of capital flows and weekly observations of chain store sales, consumer comfort, mortgage applications, energy inventories and jobless insurance claims.

Eurozone Releases:  GDP, industrial production and trade balance.

Members of Euroland:  German GDP, CPI and WPI.  French GDP, current account, CPI and business sentiment.  Spanish, Italian, Finnish, and Irish consumer prices.  Dutch, Italian, Portuguese, and Cypriot GDP.  Portuguese, Irish and Dutch trade balances.  Greek and Dutch industrial production.  Finnish and Dutch retail sales.

British Data: Industrial production, same store sales, labor statistics, construction output, index of leading economic indicators, RICs housing index, and monthly GDP.

Eastern Europe:  Hungarian GDP, industrial output, and trade balance.  Czech and Polish CPI, GDP and current account.  Romanian consumer prices and industrial output.

Nordic Europe and Switzerland:  Danish current account, CPI and PPI.  Norwegian trade balance, CPI and PPI.  Swedish unemployment and consumer prices.  Swiss producer prices and import prices.

Japanese Economic Statistics:  Economy watchers index, current account, growth in money and bank lending, consumer confidence, machine tool orders, international reserves, index of leading economic indicators, corporate goods prices, and machine tool orders.

Chinese Releases:  Consumer prices, producer prices, retail sales, industrial production, money, bank lending, fixed asset investment, and direct investment.

Selected Other Asian Releases:  Malaysian and Hong Kong GDP.  Malaysian industrial production and current account.  Indonesian retail sales and current account.  Indian wholesale prices and industrial output.  South Korean unemployment and Singaporean retail sales.

Canada, Mexico and Brazil:  Canadian survey of manufacturing orders, sales, and inventories, plus new home prices.  Mexican industrial output, index of leading economic indicators, and trade balance.  Brazilian retail sales.

Australia and New Zealand:  Aussie quarterly labor cost index, index of leading economic indicators, home loans, and consumer confidence.  New Zealand retail sales and food prices. 

Turkey:  Turkish current account and unemployment.

Copyright 2015, Larry Greenberg.  All rights reserved.  No secondary distribution without express permission.

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