Next Week

March 15, 2019

Central Banks: In the week of March 18-22, monetary policy reviews are scheduled in the United States, U.K., Switzerland, Iceland, Norway, Russia, Brazil, Colombia, Indonesia, Taiwan, Thailand, and the Philippines. Fed Chairman Powell, Bank of England Governor Carney, SNB President Jordan, and Kent and Bullock of the Reserve Bank of Australia speak publicly. Minutes from the last meetings of the Bank of Japan Board and Reserve Bank of Australia will be published.

Holidays and Special Events: Japan observes the Vernal Equinox holiday on Thursday. There is likely to be another British Parliamentary vote and Prime Minister May’s Brexit deal, and leaders of the European Union member states will hold a meetings.

Scheduled U.S Statistical Economic Releases: The fourth quarter current account. Monthly factory orders, existing home sales, federal budget, Philly Fed manufacturing index and index of leading economic indicators. Weekly jobless insurance claims, consumer comfort, mortgage applications, energy inventories, and chain store sales.

Japanese Data: Customs trade, revised industrial production, capacity usage, all industry index, machine tool orders, manufacturing purchasing managers index, department store sales, supermarket sales, and index of leading economic indicators.

Selected Other Asian Releases: Malaysian and Hong Kong consumer prices. Indonesian current account and Singapore’s trade balance. South Korean PPI, Hong Kong unemployment and India’s index of leading economic indicators.

Euroland: Current account, trade balance, preliminary purchasing manager survey results, labor costs, ZEW expectations, consumer confidence and index of leading economic indicators.

Members of the Euro Area: German ZEW expectations index, IFO business climate index, and producer prices. Dutch, Greek, Portuguese and Italian current accounts. Dutch and Belgian consumer sentiment. Cypriot unemployment, Irish PPI, and French index of leading economic indicators.

U.K. and Switzerland: British CPI, RPI, PPI, DCLG house price index, Rightmove house price index, CBI surveys of industrial trends and distributive trades, retail sales, labor statistics, and public sector borrowing. Swiss money growth.

Eastern Europe: Czech and Polish producer prices. Polish retail sales, industrial output, and current account.

Nordic Europe: Icelandic consumer prices, unemployment and wage inflation. Danish consumer sentiment.

Canada, Mexico, and Brazil: Canadian retail sales and consumer prices. Mexican and Brazilian indices of leading economic indicators.

Australia and New Zealand: Australian labor statistics, CBA purchasing managers surveys, and index of leading economic indicators. New Zealand services PMI, current account, and GDP.

Turkey and South Africa: Turkish consumer confidence. South African retail sales, wholesale turnover, and consumer prices.

Copyright 2019, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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