Next Week

September 16, 2011

Interest rate policy meetings will be held next week at central banks in the United States, Norway, Turkey, and Czech Republic, and minutes from meetings earlier this month will be published by the Bank of England and Reserve Bank of Australia.  The week begins and ends with Japanese holiday closures, Respect for the Aged Day on Monday and the Autumnal Equinox on Friday.  Unlike this past week, the data calendar is relatively light.

U.S. monthly indicators are the National Association of Home Builders index, housing prices, existing home sales, housing starts and permits, and the index of leading economic indicators.  Figures released each week cover jobless insurance claims, mortgage applications, chain store sales, consumer confidence, and energy inventories.

Canada will report consumer prices, retail sales, wholesale sales, and the index of leading economic indicators.  Some of the Latin American scheduled releases are Mexican retail sales and unemployment, Brazil’s current account, and Argentina’s trade and industrial production.

Japan will be releasing customs trade, the all-industry index and the indices of leading (LEI) and coincident economic indicators.  China’s LEI, South Korean and Malaysian unemployment, Hong Kong’s current account, and Singapore consumer prices also arrive.

Euroland’s data slate features the preliminary purchasing manager surveys for the whole area, Germany, and France.  Construction orders, consumer confidence, industrial orders, and the ZEW index of investor sentiment for both the euro area and Germany are due, too.  Among national statistics that will be released are German producer prices, Italian orders and retail sales, French business and consumer sentiment, Spanish trades and producer prices, the Greek current account, Finnish producer prices and unemployment, Portuguese producer prices, and Dutch GDP and consumer confidence.

British monthly public finances arrive Wednesday.  Other U.K. release will be the Rightmove house price index, CBI survey of industrial trends, and the BBA mortgage lending numbers.  Swiss trades, Swedish GDP, Norwegian unemployment, Danish consumer confidence, Poland’s PPI, CPI, and industrial production, Hungarian retail sales, and Spanish trades and producer prices are some of the other European indicators scheduled for next week.

South Africa reports both wholesale sales and retail sales, plus consumer prices and its index of leading economic indicators.  New Zealand chimes in with GDP and its current account.

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

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