Next Week

April 19, 2014

Another holiday-interrupted week lies ahead.  Australia and many European centers such as Britain, Germany, France and Italy will remain shut on Monday for Easter Monday.  Then next Friday, Australian and New Zealand markets will be closed for Ansac Day.

Central bank meetings are scheduled in Thailand, New Zealand, Turkey, Russia, Colombia and Mexico.  The Bank of England publishes minutes of its meeting early in April.  Former Fed Chairman Bernanke, Bank of Japan Deputy Governor Nakaso, and ECB President Draghi are some of the notable central bank luminaries scheduled to speak publicly.

The U.S. data calendar for next week shows the Chicago Fed National Activity index, the Kansas City and Richmond Fed manufacturing indices, the FHFA housing index, new and existing home sales, the index of leading economic indicators, the full-April U. Michigan/Reuters index of consumer sentiment, preliminary purchasing manager survey results, and the usual assortment of weekly statistics such as jobless insurance claims, chain store sales, consumer comfort, mortgage applications, and energy inventories.

Japan will be reporting consumer prices, customs clearance trade, corporate service prices, supermarket sales, the all-industry index and the index of leading economic indicators.

Some other Asian releases next week will be the HSBC-compiled Chinese purchasing managers survey of manufacturing, Singapore industrial output, consumer prices and unemployment, South Korean GDP and consumer confidence and Filipino trade.

The feature euro area release will be the Euroland, German and French preliminary purchasing manager surveys and index of consumer confidence.  Construction output and debt/GDP ratios also arrive.  German import prices and the IFO Institute of Germany’s business climate are due, too.  So are Belgian and French business sentiment, Spanish producer prices, Italian trade and the Portuguese current account.  

Scheduled U.K. releases are retail sales, consumer confidence, public-sector borrowing, and the CBI survey of distributive service trends. 

Switzerland releases money growth and the trade surplus.  Retail sales will be reported for Denmark, Iceland, and Poland.  Labor statistics arrive for Poland, Hungary and Sweden.  Czech consumer and business confidence are scheduled.

Canada and Mexico report retail sales and wholesale turnover.  Brazil’s current account and consumer sentiment are scheduled.

Australia and South Africa report consumer price inflation.  South Africa also announces the PPI, while the Conference Board reports on Australia’s index of leading economic indicators.

Copyright 2014, Larry Greenberg.  All rights reserved.  No secondary distribution without express permission.



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