Next Week
December 9, 2011
There are central bank monetary policy meetings next week in the United States, Norway, and Switzerland. Featured data releases are Japan’s quarterly business “Tankan” survey, the preliminary euro area PMI readings, British consumer prices, labor statistics and retail sales, and U.S. consumer and producer prices, retail sales and the current account. Many other economic releases are scheduled as well.
From the U.S., for example, investors will get import prices, the Philly and Empire State manufacturing indices, import prices, industrial production, business inventories, the IBD/TIPP optimism index, monthly federal public finances, TIC capital flow figures, and the usual weekly items of jobless insurance claims, chain store sales, consumer confidence, energy inventories, and mortgage applications.
Japan will be reporting corporate goods prices, consumer confidence, the tertiary index, revised industrial production, and capacity usage.
China releases money growth, bank lending, the trade balance, the flash purchasing managers manufacturing index, and the index of leading economic indicators. India and Hong Kong report industrial production and producer prices. South Korea releases unemployment and trade data. Singapore also announced the trade balance.
The German ZEW Institute announces the latest readings on German and euro area investor sentiment. Euroland consumer prices, trades, and industrial output arrive. France, Spain, Italy, Portugal, Romania, Hungary, Poland and Finland release consumer prices. So other planned releases in the common currency region will be Finnish retail sales, Greek unemployment, Belgian trade, and France’s current account and business sentiment.
Britain releases two house market gauges — the DCLG index and the RICs measure — as well as the CBI survey of industrial trends. Denmark reports both consumer and producer prices. The Swiss PPI, Swedish PPI , and Norwegian trade numbers are due.
In Canada, the monthly manufacturing survey gets reported next week, along with the index of leading economic indicators and motor vehicle sales. Mexico releases industrial production.
Australia plans several releases: the trade surplus, housing and investment loans, housing starts, consumer confidence, business conditions and confidence,expected CPI inflation and auto sales. Turkish GDP, unemployment, consumer sentiment, and current account figures will arrive. So will South African consumer and producer prices.
Copyright 2011, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
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