Next Week

April 15, 2011

Next week is book-ended by the IMF meetings in Washington at the start and the Good Friday/Easter holidays at the end.  Central banks in Brazil, Sweden, Thailand and Hungary hold interest rate meetings, and the Reserve Bank of Australia and Bank of England release minutes of their meetings early this month.

The main theme of U.S. data will be the housing market.  Housing starts and permits, existing home sales, and both the FHFA and NAHB indices all arrive.  In this comparatively light week, the index of leading economic indicators and Philly Fed manufacturing index are other scheduled monthly releases, and weekly releases for chain store sales, energy inventories, consumer confidence, mortgage applications and jobless insurance claims will also attract interest.

Japan reports on construction orders, housing starts, the tertiary (services) index, consumer confidence, customs trade, and index of leadiing economic indicators. China’s LEI index also arrives as does a flash report on its manufacturing PMI.  Hong Kong and Malaysia each release CPI figures.

Euro area data next week will feature the flash purchasing manager survey, consumer confidence, the current account, and construction output.  There will be French and German PMI data, too.  Investors will also learn the latest trends in German producer prices and that economy’s business climate according to the IFO survey.  French business sentiment and consumer spending are due, as are Italian retail sales, industrial orders, and current account figures.  Finnish and Portuguese producer prices are scheduled, as are the Greek current account, Irish trade, Belgian business sentiment and Dutch consumer confidence and unemployment.

The British data calendar is led by retail sales and also has public finances, mortgage loans, and the CBI survey of industrial trends. Switzerland reports money growth, and Iceland releases unemployment and wage cost data.

Canada announces retail sales, wholesale sales, consumer prices, securities transactions, and the index of leading economic indicators.  Mexican unemployment gets released.

Australia releases import prices, producer prices, and its index of leading economic indicators.  South African consumer prices and Turkish consumer confidence are also on next week’s slate.

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


Comments are closed.