This Week

September 8, 2014

Central bank policy meetings are scheduled during the week of September 8 – 12 in South Korea, Indonesia, New Zealand, the Philippines, Peru, Serbia and Russia.  The September Bulletin of the European Central bank and minutes from the Bank of Japan’s early August policy meeting will be published.  Bank of England Governor Carney, BOJ Board member Iwati, current Fed Board member Tarullo, and former Fed Governor Bernanke speak publicly.

Scheduled U.S. data include consumer credit, retail sales, import prices, small business sentiment, housing starts, the JOLTS job hiring and firing figures, the U. Michigan consumer sentiment index, the August Federal budget and the usual weekly figures on jobless insurance claims, consumer comfort, chain store sales, mortgage applications and energy inventories.

Japan released earlier today revised GDP, bankruptcies, bank lending, the current account and the economy watchers index.  Still to come are the tertiary index, money growth, consumer confidence, machine tool orders, corporate goods prices, business sentiment, revised industrial production, and capacity usage.

Following today’s announcement of a record trade surplus, China is set to report the PPI, CPI, money growth and bank lending.  Hong Kong releases the PPI.

Euroland reports employment growth, and German consumer and wholesale prices, Greek unemployment, Irish current account and Finnish retail sales are some of the other Ezone data arriving later this week.

Many countries are reporting industrial production, trade data, or consumer prices.

  • Industrial output: Britain, the Netherlands, Greece, France, Spain, Euroland, Hong Kong and India.
  • Trade: Portugal, Britain, France, Romania, Mexico, India, the Netherlands, and Ireland.
  • CPI: Germany, Mexico, Portugal, Denmark, Norway, Greece, France, Ireland, Hungary, Sweden and Spain.

In the U.K., the Royal Institute of Chartered Surveyors’ housing index and NIESR index of monthly GDP are due, along with construction output and the Conference Board’s index of leading U.K. economic indicators.  Icelandic and Turkish GDP will be reported, too.

Canada releases home prices and second-quarter capacity usage. Brazil reports retail sales.

Australia’s data calendar features monthly labor statistics and includes home loans and business confidence and conditions. 

The current accounts of Turkey and South Africa are on tap, too.

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

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