Next Week

November 26, 2011

Central Bank meetings will be held next week in Mexico, The Philippines, and Brazil.  There is a meeting of EU finance ministers on Wednesday, and purchasing manager manufacturing survey results get released for the United States, Japan, New Zealand, China, South Korea, Taiwan, Russia, India, Brazil, Canada, Turkey, South Africa, Saudi Arabia, Hong Kong, Australia, Great Britain,  Euroland, Germany, Spain, Italy, France, Spain, Greece, The Netherlands, Ireland, Poland, Hungary, the Czech Republic, Denmark, Switzerland, Sweden, and Norway.

America’s troika of labor market releases are due: the ADP private jobs report, weekly jobless claims and the Labor Department monthly slew of figures.  Other scheduled U.S. statistics are new home sales, pending home sales, the Case-Shiller and FHFA home price measures, quarterly productivity and unit labor costs, motor vehicle sales, regional PMIs for Chicago and New York, construction spending and the Fed Beige Book.

Japan will also be releasing many statistics, such as industrial production, unemployment, the monetary base, quarterly investment, auto sales, wage earnings, housing starts, construction orders, real household spending, and retail sales. 

Some of the other Asian indicators to be reported next week are Thailand’s current account, CPI and PPI, India’s GDP, South Korean consumer prices, industrial output and current account, Hong Kong retail sales, and producer prices in Singapore.

Euro area releases aside from the various PMI figures will be covering money and credit growth, producer prices, unemployment, overall economic sentiment and its components such as industrial and consumer confidence, the index of leading economic indicators, and consumer prices.  German retail sales, labor statistics, consumer confidence, and CPI will be reported.  So will French, Dutch, and Italian PPI, Italian consumer prices, unemployment and wages, French consumer spending, Spanish, Greek and Portuguese retail sales, and Belgian consumer prices.  Further east, Hungarian and Romanian producer prices are also due, as is Polish GDP.

Britain’s data calendar is thick with releases: the Hometrack, Nationwide, RICs and Halifax house price indices, the monthly CBI survey of retail sector conditions, same-store sales, mortgage loans and approvals, money growth, consumer confidence and the construction as well as manufacturing PMI survey results.  Sweden, Norway, Switzerland, and Denmark each report retail sales.  Other Swedish releases will cover GDP, the current account, and trade balance.  The Swiss UBS consumption indicator and KOF index of leading economic indicators arrive.  So do Danish GDP and unemployment.

Canada reports GDP for both September and the third quarter.  The Canadian quarterly current account and monthly labor force survey are also scheduled.  So are producer prices and raw material prices.  Brazil will be reporting industrial production and its trade balance.

Australia and New Zealand will each be reporting building permits and their commodity price indices.  Australia also releases figures on investment and money growth.  Turkey and South Africa announce trade numbers, and South Africa also reports GDP.

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



Comments are closed.