Next Week

March 18, 2011

Japan, where much of this past week’s attention has been, will be shut Monday for the Vernal Equinox holiday.  Central bank meetings are scheduled in South Africa, The Philippines, Turkey and the Czech Republic, and investors will also pay close attention to the British annual budget and Bank of England minutes, each of which is due Wednesday.  From a data perspective, next week offers less scintillating information than this past one.

The U.S. data calendar includes new and existing home sales, the Case-Shiller house price index, the Richmond and Chicago Fed manufacturing surveys, durable goods orders, the U. Michigan consumer sentiment index, revised GDP, and weekly figures for jobless insurance claims, mortgage applications, chain store sales, consumer confidence, and energy inventories.

Japan will be reporting the all industry index, customs trade data, corporate service prices and consumer prices.  Some of the other Asian releases will be the Hong Kong and Filipino current accounts, South Korean consumer confidence, Singapore industrial output, and Hong Kong consumer prices.

Euroland’s flash consumer confidence index arrives, as do money and credit growth, industrial orders, and preliminary purchasing manager survey results for the whole area as well as Germany and France.  German and French consumer and business sentiment are due too, as are the German index of leading economic indicators and French revised GDP.  Italy reports money growth and retail sales, and Spain releases producer prices.  Dutch consumer confidence, Belgian business sentiment, Finnish unemployment, and Belgian industrial output are some other upcoming releases of interest.

From Britain, data will be reported on consumer prices, industrial trends, public finances, mortgage loans, retail sales and the Rightmove house price index.  The Swiss trade numbers, Icelandic wage figures, Norwegian labor statistics, Swedish producer prices, and Danish consumer confidence index are scheduled to arrive, too.  Further east, Poland reports consumer prices and the current account, while Hungary releases retail sales.  Czech officials announce both business and consumer confidence.

Retail sales and index of leading economic indicators are on a thin Canadian data calendar.  Mexican wholesale sales and Brazil’s current account and labor market data are some Latin American items of interest.

From the Southern Hemisphere, investors will learn the latest results of New Zealand’s current account, South African consumer prices, and both the South African and Australian indices of leading economic indicators. 

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


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