Next Week

August 4, 2012

Central banks hold interest rate policy meetings this week in Japan, Australia, Indonesia and Peru.  Fed Chairman Bernanke speaks publicly on Tuesday, and the ECB monthly Bulletin will be published on Thursday.

Numerous nations report data on industrial production and/or the trade balance.  Industrial production data will be released by Britain, Germany, the Netherlands, Italy, Spain, Greece, France, Finland, the Czech Republic, Romania, Norway, South Africa, China, Turkey, Malaysia, and India.  Those reporting trade figures include the United States, Canada, Mexico, Germany, France, Italy, Britain, Portugal, Romania, Hungary, Finland, Japan, the Czech Republic, Ireland, and Denmark.

The United States also releases quarterly productivity and unit labor costs, monthly consumer credit, wholesale turnover and inventories, import prices, and the budget, and weekly jobless claims, consumer comfort, mortgage applications, chain store sales, and energy inventories.

Japan’s data calendar shows bank lending and the money aggregates, consumer confidence, the economy watchers index, machinery orders, machine tool orders, the current account, and corporate goods prices.

China announces monthly figures for CPI and PPI inflation, retail sales, and business investment.  Some other Asian releases will be Filipino consumer prices, producer prices and money growth, Indonesian and Hong Kong GDP, Indonesia’s current account, and South Korean producer prices.

Canada releases labor statistics, the IVEY-PMI index, housing starts, home prices, and building permits.  Mexico and Brazil are set to report consumer prices.

New Zealand labor costs, building permits, and job statistics arrive.  So do Australian job ads, investment loans, mortgage loans, and construction purchasing managers index. 

Euroland releases an initial estimate of second-quarter GDP growth, with a breakdown of growth by its members.  The Ezone Sentix index, a gauge of investor confidence in the region, is also due.  Germany, Greece, Ireland, and the Netherlands, report consumer prices.   In Eastern Europe, CPI data will also be reported in the Czech Republic and Romania.

Some of Britain’s upcoming statistics are same-store retail sales, the NIESR estimate of monthly GDP growth, and the index of leading economic indicators.  Switzerland, Norway and Denmark release consumer prices.  The Swiss SECO consumer climate index and Norwegian PPI data arrive as well.

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


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