Next Week

July 6, 2012

Central bank interest rate policy meetings are scheduled next week in Brazil, Japan, Indonesia, South Korea and Peru, plus minutes from the last FOMC meeting will be released.  Evans, Williams, Dudley, Bullard and Lockhart of the Fed have public speaking engagements.  So does ECB President Draghi and Posen and Tucker of the Bank of England.  FOMC minutes get released, and EU finance ministers meet in Brussels.

China will be releasing producer and consumer prices, retail sales and industrial production, money and credit growth, monthly trade statistics and quarterly GDP.  Scheduled Japanese data include machinery orders, machine tool orders, the economy watchers index, money growth and bank lending, the current account and consumer confidence.

Many countries are planning to report industrial production and trade figures.  Industrial output arrives for Britain, Japan (revised), Turkey, Mexico, France, Sweden, Greece, the Netherlands, Italy, India, Malaysia, Romania, the Czech Republic, and the whole euro area.  Countries releasing trade and/or current account figures are Japan, Ireland, Germany, Britain, Finland, Hungary, Denmark, the Czech Republic, Romania, Portugal, the United States,Canada, France, Turkey, Holland, and China.

The United States releases the IBD/TIPP optimism index, the NFIB small business sentiment index, the JOLTS index of job openings and layoffs, the monthly budget, import and producer prices, the U. Michigan index of consumer sentiment, consumer credit growth, wholesale inventories, and weekly jobless insurance claims, consumer comfort, chain store sales, energy inventories and mortgage applications.

Mexico releases the CPI and PPI, while Canada reports housing starts and new home prices.

The Sentix gauge of investor sentiment toward the euro area arrives.  So do German wholesale and consumer prices, French business sentiment, consumer prices and leading indicators index, Ireland’s GDP, CPI and construction PMI index, Greek consumer prices, import prices and unemployment, Dutch retail sales, and Spanish consumer prices.

From Britain, investors will learn the latest results of same store sales, consumer credit, the RICs house price index, and April-June GDP as calculated by the NIESR. Swiss producer prices and unemployment, Norwegian consumer and producer prices, and Sweden’s CPI are due, too.  Further to the east, consumer data are being released by Hungary, the Czech Republic, Poland, and Romania.

Australia announces business confidence and conditions, investment loans and loans to households, consumer confidence and labor statistics.  New Zealand reports food prices, and South Africa releases factory output.

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


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