Next Week

June 4, 2016

Central Bank Beat:  Monetary policy meetings in the week through June 10 are scheduled in Australia, New Zealand, Brazil, India, South Korea, Serbia, Poland and Russia.  Yellen and Rosengren are two of the Fed officials speaking publicly in the week.  Also speaking in public are Nowotny, Weidmann, Canstancio, Hansson and Villeroy of the ECB, Nakaso of the Bank of Japan, and Poloz of the Bank of Canada.

Holidays:  Queen’s Birthday in New Zealand and Memorial Day in South Korea on Monday.  Dragon Boat Festival in China on Thursday and Friday.  Portugal Day on Friday.

U.S. Primaries on Tuesday: California, Montana, New Jersey, New Mexico and South Dakota plus North Dakota Democratic Party caucus.

U.S. Scheduled Data Releases:  Productivity, unit labor costs, consumer credit, IBD/TIPP optimism index, JOLTS index, U. Michigan/Reuters consumer sentiment index and federal budget, plus weekly jobless insurance claims, chain store sales, mortgage applications, consumer comfort and energy inventories.

Japanese Statistics:  Current account, revised GDP, bank lending, money growth, economy watchers index, bankruptcies, machinery orders, machine tool orders, tertiary index, corporate goods prices, and reserves.

Other Asia:  Chinese trade balance, foreign direct investment, CPI, PPI, money growth and bank lending.  Malaysian industrial production and South Korea’s index of leading economic indicators.  Filipino consumer and producer prices.

Euroland:  Sentix gauge of investor sentiment.

Members of the Eurozone:  German orders, industrial production, trade, current account, construction purchasing managers survey, CPI, WPI, and labor cost index.  French, Spanish, Finnish, Italian, Dutch and Greek industrial output.  Dutch, Irish, and Portuguese consumer prices.  French trade balance, current account, business sentiment and GDP.

U.K. and Switzerland:  British industrial production, trade balance, construction output, monthly GDP, Halifax house price index, RICs house price balance index, and same store sales.  Swiss CPI and unemployment.

Nordic Europe:  Norwegian and Danish consumer prices.  Norwegian PPI and industrial production.  Icelandic GDP.

Eastern Europe:  Czech and Hungarian consumer prices and industrial production.

Middle East:  Saudi Arabian, U.A.E. and Egyptian private purchasing manager surveys.

Australia and New Zealand:  Aussie home loans and New Zealand manufacturing activity index.

South Africa and Turkey:  South African GDP and industrial production.  Turkish Industrial output and current account.

Canada:  Housing starts, building permits, unemployment and employment, and IVEY-PMI index.

Brazil and Mexico:  Mexican and Brazilian consumer prices.  Mexican PPI and industrial production.

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

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