Next Week

December 1, 2013

The first week of December sees the release of many manufacturing and service-sector purchasing manager surveys as well as British, German and Australian construction PMIs.

Central bank interest rate policy meetings will be held in the euro area, U.K., Australia, Poland, Canada, Mexico, and Norway.  The Fed Beige Book of U.S. regional economic conditions gets published, and Plosser, Evans, Lockhart and Fisher are among the Fed officials with speaking obligations.

There is a meeting scheduled of Opec oil ministers, and Spain will be shut for Constitution Day on Friday.

The U.S. data release calendar features revised GDP, the monthly jobs report, PMI surveys, construction spending, regional New York, Chicago and Milwaukee PMIs, the IBD/TIPP optimism index, auto sales, new home sales, factory orders, the trade deficit, personal income and spending, the U. Michigan consumer sentiment index, the ADP estimate of private jobs, consumer credit, and a bunch of weekly indicators such as jobless insurance claims.

Scheduled Japanese statistical releases will cover motor vehicle sales, capital investment, the monetary base and bank lending, labor cash earnings, and the index of leading economic indicators.  Some other Asian releases will be South Korean GDP, trade and consumer prices as well as Filipino and Thai CPI and producer prices.

Canadian productivity, unemployment, employment, building permits and trade figures are due and so are Brazilian trades, GDP, industrial output and CPI.  Mexican consumer confidence is due too.

Ezone releases will be for consumer prices, retail sales and GDP.  German orders, French trades, Dutch consumer prices, and Belgian and Finnish GDP numbers get released.

Both the Hometrack and Halifax British house price indices get reported.  Other British data include same store sales, new car sales, the trade deficit, and shop prices.

Switzerland, Denmark, Norway, and Portugal release industrial production.  Romania, Hungary and the Czech Republic report GDP.

Australia’s release calendar lists building permits, the current account, the trade balance, retail sales and GDP.  Turkish consumer and producer prices are scheduled.

Copyright 2013, Larry Greenberg.  All rights reserved.  No secondary distribution without express permission.


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