Next Week

January 23, 2015

Central Bank Policy Meetings: Federal Reserve (but not press conference), Bank of Mexico, Bank of Russia, Central Bank of Sri Lanka, South African Reserve Bank, Bank Negara Malaysia, Reserve Bank of New Zealand, Magyar Nemzeti Bank, Bank of Israel, and the Bank of the Republic of Colombia.  Minutes will be released from the Bank of Japan’s December Board meeting. 

Holidays and Special Events:  Australia Day (Monday).  Greek parliamentary elections (Sunday).  EcoFin Meeting (Monday-Tuesday).

U.S. Data Releases:  4Q GDP, employment cost index, new home sales, Case Shiller house price index, pending home sales, Chicago PMI, Conference Board’s consumer confidence index, Reuters/U. Michigan consumer sentiment index, durable goods orders, Dallas Fed and Richmond Fed manufacturing indices, and weekly observations of consumer comfort, chain store sales, energy inventories, jobless insurance claims and mortgage applications.

Euroland Data Releases: economic sentiment, consumer prices, retail sales and money and credit growth.  German IFO business climate index, retail sales, unemployment, and consumer prices. French business sentiment, producer prices, and consumer spending.  Italian consumer confidence, business sentiment, wage inflation and PPI.  Spanish PPI, GDP and current account. Belgian CPI and GDP.  Portuguese business sentiment and consumer confidence. Austrian factory purchasing managers index and PPI.  Irish retail sales and wages. Finnish PPI, consumer confidence and business sentiment. Dutch business confidence and Greek retail sales.

British Data:  GDP, distributive trends survey, Nationwide home price index, consumer confidence, money and bank lending growth.

Other European Data: Swiss index of leading economic indicators and UBS consumption indicator.  Swedish trade, producer prices, consumer and business sentiment and retail sales.  Icelandic CPI and PPI.  Norwegian retail sales.  Polish retail sales, CPI, and unemployment.  Hungarian PPI and unemployment.

Japanese Data Releases:  Customs trade, unemployment, retail sales, real household spending, industrial production, consumer prices, corporate service prices, motor vehicle output, housing starts, and construction orders.

Other Asian Data:  South Korean retail sales, industrial production and consumer sentiment.  Thai trade, current account and industrial production.  Malaysian PPI, money groth and unemployment.  Filipino GDP, Hong Kong trade, Chinese index of leading economic indicators, and Taiwanese GDP.

North and South of the U.S. border:  Canadian November GDP.  Mexican retail sales, and Brazilian PPI and consumer confidence.

Australia and New Zealand:  Australian business confidence and conditions.  Australian index of leading economic indicators, 4Q CPI, PPI, money and credit growth.  New Zealand M3 money growth and trade balance.

South Africa and Turkey:   South African producer prices, trade balance, M3 money and index of leading economic indicators.  Turkish trade.

Copyright 2015, Larry Greenberg.  All rights reserved.  No secondary distribution without express permission.



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