December 9, 2016
Central Banks: Wednesday’s Federal Open Market Committee meeting heads a list of no fewer than a dozen central bank interest rate policy meetings next week that also includes the U.K., Switzerland, Norway, Iceland, Russia, Indonesia, South Korea, Mexico, Colombia, Chile and Peru. The Fed’s meeting, which is universally expected to raise the federal funds target, will be accompanied by newly released forecasts and followed by a press conference with Chair Janet Yellen. Atlanta Fed President Lacker and Bank of Canada Governor Poloz also speak publicly. The Bank of Japan’s quarterly survey of corporate conditions and expectations, the so-called Tankan, will be published on Wednesday.
Holiday in South Africa: Reconciliation Day commemorating the end of Apartheid in 1994.
Scheduled U.S. Data Releases: Consumer prices, industrial production usage, producer prices, retail sales, the 3Q current account, the Empire State and Philadelphia Fed manufacturing indices, the NAHB housing index, housing starts and permits, the monthly federal budget, Treasury-compiled capital flows (TIC), small business sentiment (compiled by NFIB), and weekly jobless insurance claims, consumer comfort, mortgage applications, energy inventories, and chain store sales.
Japanese and Chinese Statistics: Japanese machinery orders, corporate goods prices, machine tool orders, revised industrial production, capacity usage, tertiary index, and preliminary manufacturing purchasing managers index. Chinese money and lending growth, retail sales, industrial production, fixed asset investment, and direct foreign investment.
Other Selected Asian Releases: India’s WPI, current account, trade balance and index of leading economic indicators. Hong Kong industrial output and producer prices. Filipino current account, South Korean unemployment and Singaporean retail sales.
Euroland: Consumer prices, industrial production, preliminary purchasing manager surveys for December, trade statistics, and quarterly employment growth and labor costs.
Members of the Euro Area: German, French, Italian, Spanish, Finnish, Portuguese, and Austrian consumer prices. German and French PMI surveys and indices of leading economic indicators. German wholesale prices, Finland’s current account and Italian industrial output. Dutch and Italian trade. Dutch retail sales and unemployment.
U.K. and Switzerland: British retail sales, consumer prices, retail prices, producer prices, labor statistics, DCLG house price index, and industrial trends survey. Swiss producer prices, import prices, ZEW expectations index, and new government and KOF macroeconomic forecasts.
Nordic Europe: Danish consumer and producer prices. Sweden’s CPI and Norway’s trade balance.
Eastern Europe: Romanian industrial production and Polish CPI. Czech current account and PPI.
Australia and New Zealand: Australian labor statistics, home prices, consumer sentiment, business confidence and conditions, motor vehicle sales and index of leading economic indicators. New Zealand manufacturing activity index, food prices, current account, GDP, manufacturing PMI and consumer confidence.
Turkey, South Africa, and Brazil: Turkish GDP and current account. South African retail sales, CPI and PPI. Brazilian retail sales and index of leading economic indicators.
Canada: Monthly survey of manufacturing sales, orders and inventories. Existing home sales.
Copyright 2016, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: Economic Data Calendar