Next Week

March 23, 2012

Central banks hold credit policy meetings next week in Hungary, the Czech Republic, Israel, South Africa, Romania, and Turkey.  Friday is the last day of the calendar quarter and Japan’s fiscal year.  Typically, a considerable number of economic indicators are scheduled for release next week.

Japan’s data calendar features the Bank of Japan’s quarterly business survey and is also packed with retail sales, personal spending, industrial production, housing starts, construction orders, the manufacturing PMI index, consumer prices, and corporate service prices.  Other arriving Asian data highlights are China’s purchasing managers index, India’s current account, Singaporean and Malaysian producer prices, South Korean and Singaporean industrial output, and the Thai and Hong Kong trade figures.

The United States releases pending home sales, the Case Shiller house price index, the Richmond Fed index, revised GDP, durable goods orders personal spending and income, the U. Michigan consumer sentiment index, consumer confidence and weekly jobless insurance claims, energy inventories, chain store sales and mortgage applications.  Canada releases monthly GDP, producer prices and raw material prices, while Mexican trade data are due, too.

Some of Euroland’s scheduled releases are money and credit growth, economic sentiment, consumer prices and the index of leading economic indicators.  The German business climate index compiled by the IFO Institute is due, too, as are that country’s labor statistics, retail sales, and consumer prices.  Italy, France Portugal, and Finland report consumer confidence.  Belgian, Spanish, and Italian consumer prices will be reported, and Greece, Ireland and Spain have scheduled retail sales.

Britain is reporting revised GDP, the quarterly current account, the distributive trades survey, money and credit growth, the Nationwide house price index, and consumer confidence.  Sweden releases trade figures, producer prices, consumer confidence and retail sales.  Switzerland’s index of leading economic indicators, Norwary’s PMI index, Danish GDP and unemployment,  and Icelandic consumer prices are arriving as well.

From south of the equator, Australian money and credit growth, New Zealand trade, business sentiment and building permits, and South African producer prices will be reported next week.

Copyright 2012, Larry Greenberg.  All rights reserved.  No secondary distribution without express permission.


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