Next Week

March 31, 2012

The week to April 6 begins with the EU summit in Copenhagen, which is intended to solidify the size and other properties of the funds to be used to aid troubled euro area debtor nations, and it ends with the Good Friday holiday closure in Germany, Switzerland, New Zealand, Australian, Canada, the United States and Britain among other markets. 

Central bank interest rate policy meetings are scheduled in Australia, Euroland, Britain, and Poland. 

Purchasing manager survey results for March get released covering manufacturing, services, and German and British construction.

Other U.S. releases will feature the ADP private employment estimate, the Labor Department March labor force survey, auto sales, factory orders, construction spending, consumer credit and weekly figures on chain store sales, jobless insurance claims, energy inventories, and mortgage applications.

A number of countries report PPI and/or CPI data: Switzerland (CPI), Turkey (PPI and CPI), Euroland (PPI), The Netherlands (CPI), South Korea (CPI), Indonesia (CPI), Thailand (CPI), The Philippines (PPI and CPI), Brazil (CPI), and Romania (PPI).

The first estimate of euro area GDP growth for the first quarter of 2012 arrives on Tuesday.  Euroland also releases unemployment and retail sales, German industrial production, French and Finnish trades next week.

Scheduled British releases include industrial production, the NIESR estimate of March GDP, shop prices, and the Halifax house price index.  Swiss and Danish retail sales are due, and so is Denmark’s trade and current account balances.  Hungary and the Czech Republic release trade data and industrial production.  Czech retail sales also arrive.

The Canadian monthly labor market statistics and building permits report are due, and so are Brazilian trades and industrial production.

Australian releases next week include building permits, retail sales, the trade balance, and inflation expectations.

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


Comments are closed.