Next Week’s Menu: December 14-20

December 14, 2019

Central Banks: Monetary policy reviews in Japan, Sweden, Norway, Mexico, Indonesia, Hungary, the Czech Republic, Thailand, and Great Britain. Minutes from the last Reserve Bank of Australia meeting get published. Brainard, Evans, Williams, Rosengren and Kaplan of the Fed speak publicly, and so will Bank of Japan Governor Kuroda.

Holiday: South Africans observe the Day of Reconciliation on Monday.

U.S. Statistical Data Releases: Quarterly current account and GDP. Monthly personal income, consumer spending, PCE price deflator, housing starts, existing home sales, building permits, industrial production, capacity usage, Empire State manufacturing index, K.C. Fed manufacturing index, Philly Fed manufacturing index, IBD/TIPP optimism index, National Association of Home Builders housing index, Treasury-compiled capital flows, JOLTS index, index of leading economic indicators, and U. Michigan/Reuters consumer confidence index. Weekly jobless insurance claims, mortgage applications, energy inventories, consumer comfort, and chain store sales.

Euroland Releases: Preliminary purchasing manager indices, consumer prices, current account, trade balance, construction output, consumer confidence, car sales, and quarterly labor costs.

Members of the Euro Area: German and French PMIs. German import prices, producer prices, consumer confidence and IFO business confidence. French, Italian, and Belgian business sentiment. French PPI, consumer confidence, and index of leading economic indicators. Italian, Irish, Belgian, and Spanish trade. Italian, Irish, and Greek current accounts. Dutch, Finnish, and Greek unemployment. Irish and Portuguese consumer prices. Cypriot, Austrian and Italian consumer prices. Irish GDP.

U.K. and Switzerland: British retail sales, CPI, PPI, ONS house price index, GDP, current account, preliminary PMI findings, car sales, consumer confidence, public sector net borrowing, labor market statistics, and Rightmove house price index. Swiss current account and trade balance.

Nordic Europe: Danish and Swedish consumer confidence, retail sales and producer prices. Icelandic and Swedish producer prices. Danish GDP, Norwegian trade, and Icelandic consumer prices.

Eastern Europe: Hungarian and Polish current accounts. Czech and Polish producer prices. Polish industrial production, PPI, and retail sales.

Japanese and Chinese Data: Japanese preliminary PMI findings, department store and supermarket sales, machine tool orders, consumer prices, customs trade, and tertiary index. Chinese retail sales, industrial production, unemployment, fixed asset investment, home prices, and index of leading economic indicators.

Selected Other Asian Releases: Hong Kong and Malaysian consumer prices. Hong Kong unemployment and current account. Indian and Singaporean trade balances. Indian wholesale prices and index of leading economic indicators. South Korea’s PPI.

Australia and New Zealand: Australian preliminary PMI, home loans, unemployment, jobs growth, Westpac consumer confidence, and index of leading economic indicators. New Zealand quarterly GDP and current account. New Zealand, business sentiment, service sector PMI, and trade balance.

Turkey and South Africa: Turkish retail sales and unemployment. South African index of leading economic indicators.

Canadian Releases: Consumer prices, existing home sales, retail sales, wholesale turnover, new home prices, and the survey of manufacturing shipments, orders and inventories.

Brazil and Mexico: Brazilian consumer confidence and index of leading economic indicators. Mexican retail sales, wholesale turnover, and index of leading economic indicators.

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

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