Next Week
April 28, 2012
The coming week features the release of April purchasing manager survey results for manufacturing, services and, in the case of Britain and Germany, also construction. There are scheduled interest rate policy meetings at the European Central Bank, Reserve Bank of Australia, Bank of Thailand, Bank Negara Malaysia, Czech National Bank, and National Bank of Romania.
The flow of Japanese markets will be interrupted by Golden Week holidays — Showa Day on Monday, Constitution Day on Thursday and Greenery Day on Friday. Some markets in Europe such as Germany are closed Tuesday for May Day (Labor Day), and Chinese markets will be closed Tuesday through Thursday.
Scheduled U.S. data releases besides the PMI reports include the April jobs report at week’s end, the earlier ADP estimate of private sector jobs, personal income and spending, construction spending, auto sales, factory orders, quarterly productivity, Midwestern PMIs, and the usual weekly figures on jobless insurance claims, energy inventories, chain store sales, and mortgage applications.
In Euroland, money and credit figures, unemployment, retail sales and producer prices get reported. So do German retail sales and labor statistics, Italian consumer and producer prices, Greek and Portuguese retail sales, Irish and Portuguese industrial production, Spanish GDP, and Irish unemployment.
Two British house price indices, the Nationwide and Halifax measures, arrive. British M4 money growth and mortgage applications also are scheduled for release. Some other European releases next week are Hungarian producer prices and Danish and Swiss retail sales.
The Bank of Japan will be reporting Japan’s monetary base. Indonesia and India release trade numbers. Indonesian consumer prices, Filipino GDP, and Hong Kong retail sales are scheduled, too.
From New Zealand, investors will learn the latest quarterly jobs and unemployment trends, monthly building permits, and money supply data. Australian and South African monetary data get reported as well. South Africa and Turkey release trade numbers. Turkish producer and consumer prices also arrive.
Brazil releases industrial output and trade data.
Copyright 2012, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
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