Next Week

February 18, 2011

The two-day summit of G20 finance ministers and central bankers concludes Saturday.  Minutes from meetings of the Bank of Japan Policy Board and the Bank of England Monetary Policy Committee will be published next week, and a policy announcement will be made by the Magyar Nemzeti Bank in Hungary.  U.S. markets will be shut on Monday for President’s Day.

U.S. data releases next week include the Case-Shiller and FHFA indices of house prices, new and existing home sales, the Richmond Fed factory index, durable goods orders, revised GDP, the U. Michigan and Conference Board measures of consumer sentiment, and the usual weekly indicators:  jobless claims, consumer confidence, mortgage applications, energy inventories, and chain store sales.

Canada reports retail sales, and Mexico will be also releasing retail sales as well as wholesale turnover, unemployment, and GDP.

Japan’s data release schedule for next week has the all industry index, the Shoko Chukin index of small business sentiment, corporate service prices, retail sales, customs trade, and consumer prices.

The feature euro area release will be the preliminary purchasing manager indices.  Economic, industrial and consumer confidence also will be reported.  So will industrial orders, money and bank lending growth.  German revised GDP, consumer confidence, consumer prices, and the IFO business climate index are also scheduled.  French consumer spending, consumer confidence, and consumer prices arrive, too.  Spanish producer prices and Italian consumer prices are also due.  Czech consumer confidence and current account figures are on the schedule.

From Britain, investors will learn the latest Rightmove house price index, fiscal deficit, consumer confidence, revised GDP, and results from the CBI survey of retailers.  Scheduled Swiss data encompass money growth, producer and import prices, trades, employment and the UBS consumption indicator index. Icelandic consumer prices and Swedish money growth arrive as well.

Some Asian data arrivals will be Hong Kong unemployment and trade position; Singapore industrial output, consumer prices and wholesale sales; Thai GDP; South Korean consumer confidence; and Filipino business sentiment.

In Australia, construction completions, investment, and the index of leading economic indicators will be reported. New Zealand expected inflation, Turkish capacity usage, and South African GDP are also scheduled.

Copyright Larry Greenberg 2011.  All rights reserved.  No secondary distribution without express permission.


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