Next Week

August 10, 2014

Central bank policy meetings are scheduled in the coming week in South Korea, Indonesia and Chile.  The Bank of England will be publishing its quarterly Inflation Report.  The ECB releases its monthly Bulletin.  The Bank of Japan publishes its monthly economic assessment and minutes of a prior meeting.  N.Y. Fed President Dudley and Boston Fed President Rosengren speak publicly in the week.  So does Bank of England Governor Carney.

A number of European markets will be closed August 15 for Assumption Day.

China this weekend reported CPI and PPI data, which were in line with forecasts.  Still to come from China are money and bank lending growth, retail sales, industrial output, fixed asset investment, and direct investment.  Some other Asian statistics of note to be released shortly are Singaporean retail sales, Indian wholesale prices and Indonesia’s current account.

On tap from Japan are money growth, the tertiary index, consumer confidence, machine tool orders, machinery orders, GDP, revised industrial production and capacity usage.

Japan’s not the only country reporting GDP and industrial output.

  • GDP also gets released for the euro area and many of its members, Poland, the Czech Republic, Hungary, Romania, Britain, Malaysia, and Hong Kong.
  • The U.S., Euroland, India, Romania and Malaysia release industrial production.
  • Trade data are duce from India, Romania, Mexico, the Netherlands and Norway.
  • CPI figures are arriving in Norway, Sweden, Spain, Germany, France, Portugal, Poland, Romania, Austria, Iceland and the euro area.

The ZEW Institute reports its sentiment indices for the euro area and Germany.  The ZEW expectations index for Switzerland is due, too.

German producer prices and index of leading economic indicators arrive, and so does the French current account and Swiss producer prices.

British same-store sales gets reported by the BRC, while RICs home price balance index arrives also.  Other U.K. data releases in the week are labor statistics and the June index of services.

The U.S. data calendar includes the monthly budget statement, import prices, TIC capital flows, the Empire State manufacturing index, the U. Michigan index of consumer sentiment, producer prices, retail sales, and weekly observations on jobless insurance claims, mortgage applications, energy inventories, chain store sales, and consumer comfort.

Canada releases housing starts, existing home sales and manufacturing shipments, orders and inventories.  Brazil reports retail sales.

Australian data to be releases include consumer confidence, quarterly wage costs, home prices, business confidence and conditions, expected inflation and motor vehicle sales.  New Zealand reports food prices, retail sales and the business PMI index.  South African retail sales and wholesale prices are on tap.

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

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