Next Week’s Menu

July 19, 2019

Central Banks: Monetary policy reviews are scheduled at the European Central Bank and in Turkey, Russia and Hungary. ECB President Draghi and Reserve Bank of Australia Governor Lowe will be speaking publicly.

Special Event: Robert Mueller’s congressional testimony on July 24.

Scheduled U.S. Economic Statistical Releases: Preliminary estimate of second quarter GDP. Monthly new and existing home sales, durable goods orders, FHFA house price index, K.C. and Richmond Fed manufacturing surveys, Chicago Fed National Activity Index, U. Michigan consumer sentiment index, and advance trade deficit estimate. Weekly jobless insurance claims, mortgage applications, chain store sales, energy inventories, and consumer comfort.

Japanese Data: Tokyo consumer prices, preliminary purchasing managers index, department store sales, supermarket sales, machine tool orders, and index of leading economic indicators.

Other Selected Asian Releases: Malaysian and Singaporean consumer prices. Hong Kong trade and Chinese index of leading economic indicators. South Korean consumer confidence and GDP. Singapore unemployment and industrial production.

Euroland: Preliminary purchasing manager surveys, money and credit growth, and consumer confidence.

Members of the Euro Area: German and French preliminary PMI surveys. German import prices, consumer confidence and IFO business climate index. French consumer sentiment, business confidence and producer prices. Italian business sentiment and consumer confidence. Spanish and Finnish unemployment. Spanish trade and Greek current account. Belgian business sentiment, Finnish consumer prices, Austrian industrial production, and Irish retail sales.

U.K. and Switzerland: British industrial trends and distributive trades surveys, money growth, mortgage approvals, and Rightmove house price index. Swiss money growth and ZEW expectations index.

 Nordic Europe: Swedish and Danish consumer confidence. Swedish, Icelandic, and Norwegian unemployment. Icelandic CPI, PPI and wages. Swedish trade and Norwegian industrial confidence.

Eastern Europe: Czech consumer confidence and business sentiment. Polish unemployment.

Australia and New Zealand: Australian PMI and index of leading economic indicators. New Zealand trade.

South Africa and Turkey: South African CPI, PPI, and index of leading ecomomic indicators. Turkish consumer sentiment.

Mexico and Brazil: Mexican retail sales, wholesale turnover, and trade balance. Brazilian current account.

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

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