Next Week

December 24, 2011

Next week, the final one of the ill-fated year 2011, begins with the observance of Christmas that will close most markets on Monday and some until Wednesday.  The event and data release calendar is light.

Scheduled U.S. releases include the Case Shiller home price index, the Richmond Fed manufacturing index, midwestern regional purchasing manager manufacturing survey results, pending home sales and somel weekly indicators like jobless insurance claims.

The most meaningful data of the week will be arriving in Japan: consumer prices, labor statistics, retail sales, industrial production, wage earnings, and the manufacturing PMI results.  Minutes of the Bank of Japan’s Policy Board meeting get published.

Some other Asian releases are South Korean consumer prices, industrial production, current account and consumer confidence; trade figures from Hong Kong, Thailand, and Indonesia; Malaysian producer prices; and China’s purchasing managers survey in manufacturing.

No important Euroland-wide releases are due, but German states report consumer prices, Italy releases its PPI, and Spain and Portugal announce retail sales.  Finnish consumer sentiment, Portuguese industrial production, and Greece’s PPI, trades, and retail sales arrive, too.

Britain has no significant reports.  Swedish retail sales and trades and Switzerland’s index of leading indicators are on tap.  So are Czech business and consumer sentiment and the current accounts of both Poland and Hungary.

South Africa and Turkey report trade figures, and South African money and credit growth numbers are due, too.

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


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