Next Week
June 22, 2012
The highlight of the coming week will be the Thursday-Friday summit of EU leaders. Central banks in Hungary, the Czech Republic, Romania and Israel hold policy meetings. This is the final week of June and the second quarter, and it is very crowded with scheduled data releases.
The U.S. statistical calendar shows the Chicago Fed National Activity index, the Richmond and Dallas Fed regional manufacturing indices, the Milwaukee and Chicago purchasing manager surveys, revised GDP, personal income and spending, durable goods orders, the U. Michigan and conference Board gauges of consumer sentiment, new home sales, pending home sales, the Case Shiller house price index, and weekly data on jobless insurance claims, chain store sales, mortgage applications, and energy inventories.
Japan will be reporting consumer prices, labor statistics, retail sales, industrial production, auto production, housing starts, construction orders, small business sentiment, corporate service prices, real household spending, and the manufacturing purchasing managers survey.
Some other Asian releases will be South Korean and Indian current accounts, China’s factory PMI and index of leading economic indicators, Hong Kong trades, Singapore consumer prices and industrial output, and Malaysian producer prices.
Many British indicators are due: the Nationwide house price index, the CBI survey of distributive industries, public finances, GDP, the current account, mortgage loans, and consumer confidence.
The Swiss current account and index of leading economic indicators arrive; so does the UBS measure of consumer trends. Sweden will release retail sales and unemployment. Danish GDP and Icelandic consumer prices are scheduled, too.
Euroland consumer, industrial and overall business sentiment come out on Thursday. The euro area consumer price figures and money and credit trends get reported, too. Some planned national eurozone releases are German retail sales, consumer confidence, import and export price indices, labor statistics and state CPI reports; French GDP retail sales, and consumer confidence; Spain’s CPI, PPI, retail sales and current account; Italian retail sales, consumer and producer prices, business sentiment, and wages; Portuguese retail sales and industrial production; Irish retail sales; Finnish producer prices; and Belgian consumer prices.
In Eastern Europe, Hungary plans to release retail sales, producer prices and the current account. Polish retail sales and Czech business sentiment are some of the other regional releases that are due next week.
Canada reports monthly GDP, producer prices and raw material prices. Mexico release trade numbers.
Australian new home sales, industrial output and private credit growth are due. So are New Zealand money aggregates, building permits, business sentiment and trade numbers. South Africa will be releasing producer prices, money aggregates, and trade figures.
Copyright 2012, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
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You forgot the Euro Cup!!! What if Italy wins?