Next Week

June 17, 2011

Central Banks in the United States, Norway, Hungary and Czech Republic hold interest rate policy meetings next week, and those in Australia and Britain will be releasing minutes from meetings held earlier this month.  Fed Chairman Bernanke will hold his second press conference on Wednesday, and EU finance ministers will be meeting yet again on Monday.

The U.S. and Japan have comparative light data release schedules next week.  Aside from the usual assortment of weekly indices, the U.S. calendar shows new and existing home sales, house prices, durable goods orders and the third estimate of GDP.  Japan will be reporting customs trade, the all industry index, corporate service prices and the revised index of leading economic indicators.

A lot more action will be happening on the European data front.  Euroland-wide figures are being released for industrial orders, consumer confidence, labor costs, the current account, and the preliminary purchasing managers survey.  PMI readings for Germany and France also get announced.  German producer prices, retail sales, IFO index, index of leading economic indicators, and ZEW index of investor sentiment.  Italian industrial orders and consumer confidence are scheduled, as are French business sentiment, consumer confidence and index of leading economic indicators.  Greece, Ireland, and Spain release trade data.  Belgium and The Netherlands will be reporing consumer confidence, and Portugal and Ireland report producer prices.  Irish and Dutch GDP numbers are also due.

The U.K. will be releasing public financial figures, the Rightmove house price index, the CBI’s industrial trends and and retailer monthly surveys, and mortgage loan data.  Swiss trades and money aggregates are on the calendar, and so are Swedish consumer sentiment and unemployment, Icelandic wages and Norwegian labor statistics.  Polish unemployment and Czech business and consumer sentiment arrive, too.

Canada reports retail sales and the index of leading economic indicators.  Mexico releases those two statistics as well as wholesale turnover.

Consumer prices get reported in Hong Kong, Malaysia, and Singapore.  The Hong Kong and Filipino current accounts are due.  So are South Korean consumer confidence and Singapore’s industrial production.  Turkish capacity use, New Zealand GDP and South African consumer and producer prices are due as well.

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


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