Next Week

August 25, 2017

Manufacturing Purchasing Manager Surveys for August: China, Japan, Euroland, U.S., U.K., Switzerland, Italy, France, Germany, India, Poland, Czech Republic, Sweden, Norway, The Netherlands, Turkey, Hungary, Austria, Thailand, Taiwan, Malaysia, South Korea, Ireland, Indonesia, and Australia.

Central Banks: Jackson Hole Symposium ends August 26. Central banks hold monetary policy meetings in South Korea, Colombia and Israel.

Holidays: British late summer bank holiday on Monday. Indonesia and Singapore observe Hajj on Friday.

Scheduled U.S. Releases: GDP, ADP estimate of private sector jobs, Labor Dept monthly survey of jobs, unemployment and other labor force trends, Conference Board and U. Michigan/Reuters measures of consumer sentiment, personal income and spending, PCE price deflator, Case-Shiller house price index, pending home sales, motor vehicle sales, Chicago regional PMI, the advance estimate of the trade deficit, the Dallas Fed manufacturing index, and weekly consumer comfort, chain store sales, mortgage applications, energy inventories, and jobless insurance claims.

Japanese Data: Industrial production, real household spending, retail sales, consumer confidence, housing starts, construction orders, small business sentiment, motor vehicle sales, motor vehicle production and unemployment.

Selected Other Asia Statistics: Hong Kong and South Korean retail sales. Indian and South Korean GDP. Thai trade balance and current account. Chinese profits and Malaysian PPI. South Korean industrial production and Indian GDP.

Euroland: Economic sentiment, consumer prices and money and bank lending growth.

Members of the Euro Area: German CPI, unemployment and retail sales. French GDP and PPI. Italian consumer and business sentiment, PPI, CPI, GDP, and unemployment. Spanish retail sales, current account and CPI. Greek, Portuguese and Belgian GDP. Greek retail sales and producer prices. Irish and Austrian unemployment. Finnish trade, Cypriot CPI, and Portuguese industrial production.

U.K. and Switzerland: British shop prices, money growth, consumer confidence and Nationwide house price index. Swiss retail sales, ZEW expectations index, KOF index of leading economic indicators and UBS consumption indicator.

Nordic Europe: Swedish and Norwegian retail sales and consumer confidence. Swedish trade and current account. Icelandic CPI and PPI. Danish GDP.

Eastern Europe: Hungarian producer prices, trade and unemployment. Polish GDP.

Australia and New Zealand: Australian and New Zealand building permits. Australian private credit growth, new home sales and business investment. New Zealand business climate index, house prices, and terms of trade.

Canada: 2Q and June GDP. Producer prices and current account.

Mexico and Brazil: Brazilian and Mexican trade. Brazil’s PPI, GDP, and unemployment.

South Africa and Turkey: South African PPI and money and private domestic credit growth. South African and Turkish trade.

Copyright 2017, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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