Next Week

April 22, 2016

Central Banking:  Interest rate policy meetings are scheduled in the U.S., Japan, Russia, Brazil, New Zealand and Hungary.  Governor Poloz of the Bank of Canada and President Jordan of the Swiss National Bank speak publicly.

Holiday Closures:  Monday in Australia for Anzac Day and Friday in Japan for Showa Day, the of four Golden Week holidays.

Scheduled U.S. Data:  GDP, personal income and spending, the employment cost index, new home sales, pending home sales, the Case Shiller house price index, the K.C., Richmond and Dallas Fed manufacturing indices, the Milwaukee and Chicago regional purchasing manager indices, the preliminary services PMI, durable goods orders and weekly observations of new jobless insurance claims, chain store sales, energy inventories, consumer comfort and mortgage applications.

Euroland Data:  Economic sentiment, GDP, unemployment, consumer prices, money and credit growth and index of leading economic indicators.

Members of the Eurozone:  German import prices, producer prices IFO business climate index, and retail sales.  French GDP, consumer confidence and PPI.  Italian CPI, PPI, unemployment, wage inflation, business sentiment and consumer confidence.  Spanish, Belgian and Austrian GDP.  Spanish and Portuguese consumer confidence.  Austrian PMI, PPI and industrial output.  Cypriot and Greek producer prices.  Greek and Portuguese retail sales. 

U.K. and Switzerland:  British GDP, M4 money growth, consumer confidence, Nationwide house price index, CBI distributive trades and industrial trends surveys, and mortgage approvals.  Swiss index of leading economic indicators and UBS consumption indicators.

Nordic Europe:  Swedish PPI, consumer sentiment, unemployment, and trade balance.  Norwegian and Swedish retail sales.  Iceland’s CPI and PPI.

Eastern Europe:  Czech business and consumer sentiment.  Polish unemployment and Hungarian producer prices.

Japan:  All industry index, unemployment, retail sales, household spending and income, housing starts, construction orders, auto output, industrial production, corporate service prices, and consumer prices.

Data from Selected Other Asian Economies:  Chinese corporate profits and index of leading economic indicators.  Singapore CPI and industrial production.  Hong Kong and Thai trade balances.  South Korean GDP, consumer confidence and industrial output.

Australia and New Zealand:  Aussie CPI, PPI, and money and private credit growth.  New Zealand M3 money and building permits.

Turkey and South Africa.  Turkish and South African trade balances.  South African producer prices.

Canada:  Monthly GDP, producer prices and raw material prices.

Mexico and Brazil:  Mexican retail sales and Brazilian producer prices.

Copyright 2016, Larry Greenberg.  All rights reserved.  No secondary distribution without express permission.



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