Next Week

March 11, 2011

Central Banks interest-rate setting committees hold meeting next week in the United States, Japan, Norway, Switzerland, Poland, Hungary and Iceland.  The Bank of Japan is also releasing a new monthly economic assessment and publishing minutes of a prior policy meeting.

The United States has a large slate of indicators including consumer prices, producer prices, import prices, the Philly and New York Fed manufacturing surveys, the index of leading economic indicators, the quarterly current account, the Treasury monthly report on capital flows, the NAHB index, housing starts and permits, and assorted weekly reports on chain store sales, consumer confidence, mortgage applications, energy inventories, and jobless insurance claims.

Japan will be releasing revised industrial output figures with capacity usage, consumer confidence, the tertiary index, the index of leading economic indicators, and the Finance Ministry’s quarterly business sentiment  index.

Some of the euro area-wide indicators to be released are industrial production, consumer prices, the current account and trade balance, construction orders and the ZEW index of investor sentiment.  Scheduled national statistical releases among Euroland members are German producer prices and the ZEW index; French consumer prices; Italian consumer confidence, current account and industrial orders; Belgian consumer confidence and trades; Dutch unemployment, retail sales, industrial production, trade figures and current account; Greek import prices and unemployment; Portuguese producer prices and current account; and Finnish producer and consumer prices as well as its current account.

Britain will be reporting labor statistics, the nationwide consumer confidence index, the DCLG house price index, and the index of leading economic indicators.  Swiss and Danish producer prices will be arriving.  Icelandic consumer prices and Norwegian trades are due, too.

Further east, Poland will announce its latest CPI, PPI and industrial production results. Hungary also releases industrial output, while retail sales are on the Czech data calendar.

Moving back to the Western Hemisphere, Canada plans to report consumer prices, wholesale sales, auto sales, capacity usage, manufacturing sales and orders, quarterly productivity and unit labor costs, and international securities transactions.  Mexican industrial output, Brazilian retail sales, and Argentine consumer prices, wholesale prices and GDP arrive as well.

The selection of Asian data to be announce includes Singapore retail sales, South Korean consumer prices, Filipino labor statistics, and China’s index of leading economic indicators.

New Zealand and South Africa plan to release retail sales.  South African wholesale turnover figures are due, too, and so is New Zealand’s business purchasing managers survey.  Australia reports housing starts, and Turkey chimes in with its unemployment rate.

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


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