Next Week’s Menu: December 5-11, 2020

December 4, 2020

Central Banks: Monetary policies will be reviewed by central banks in Euroland, Canada, Brazil, Peru, Chile, Ukraine, and Serbia. ECB President Lagarde, Bank of Canada Governor Macklem, Reserve Bank of Australia Governor Lowe are among the central bankers, who will be speaking publicly next week. The Bank of Japan’s quarterly Tankan survey of corporate conditions and expectations will be published.

Events and Holidays: There will be a meeting of EU leaders lateĀ  in the week. The King’s Birthday and Constitution Day holiday in Thailand fall on Wednesday and Thursday, respectively.

Scheduled U.S. Economic Data Releases: Quarterly productivity and unit labor costs. Monthly consumerĀ  prices, producer prices, employment trends index, JOLTS index, consumer credit, real wage earnings, federal budget, and U. Michigan/Reuters index of consumer sentiment. Weekly jobless insurance claims, energy inventories, chain store sales, mortgage applications, and consumer comfort.

Euroland Releases: Revised 3Q GDP and employment growth. Monthly Sentix gauge of financial market sentiment, and ZEW expectations index.

Members of the Euro Area: German ZEW expectations index, current account, industrial production, CPI, and trade surplus. French and Finnish current accounts. French, Spanish, Irish, Greek, Cypriot and Dutch consumer prices. Belgian, Italian, Irish, and Finnish industrial production. Austrian, Irish, Portuguese, Italian, Greek, and Finnish trade balances. Greek unemployment, Spanish consumer confidence, French private employment, and Austrian WPI.

Britain and Switzerland: British trade balance, Halifax house price index, same store sales, industrial production, construction ouptut, index of leading economic indicators, Royal Institute of Chartered Surveyors house price balance index, and monthly GDP. Swiss unemployment.

Eastern Europe: Czech, Hungarian, and Romanian consumer prices. Czech, Hungarian, Russian, and Romanian trade balances. Hungarian and Czech industrial production. Russian and Romanian GDP. Czech retail sales.

Nordic Europe: Norwegian, Danish and Swedish industrial production and CPI data. Danish and Swedish current accounts. Danish GDP.

Japanese and Chinese Data: Japanese and Chinese producer prices, international reserves, money stock and bank lending. Japanese quarterly GDP and business sentiment. Japanese monthly machinery orders, machine tool orders, current account, economy watchers index, household spending, labor cash earnings, index of leading economic indicators. Chinese foreign direct investment, consumer prices, and trade balance.

Selected Other Asian Releases: Indian, Taiwanese, and South Korean consumer prices. Malaysian, Indian, and Indonesian industrial production. Taiwanese, Filipino and Indian trade balances. Indonesian consumer confidence, Taiwan’s PPI, and South Korea’s index of leading economic indicators.

Australia and New Zealand: Australian house prices, consumer confidence, building permits and NAB indices of business confidence and business conditions. New Zealand business confidence, factory sales, manufacturing PMI, and food prices.

South Africa, Turkey and United Arab Emirates: South African GDP, CPI, retail sales, PPI, industrial production, current account, and business confidence. U.A.E. non-oil private PMI and Turkish current account.

Canada, Brazil, and Mexico: Canadian quarterly capacity utilization and monthly IVEY-PMI. Brazilian and Mexican consumer prices. Mexican industrial production.

Copyright 2020, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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