Next Week

April 17, 2015

Central Bank Watch:  Hungary and Turkey hold interest rate policy meetings.  Minutes will be published from the policy meetings in Britain and Australia held earlier this month.  RBA Governor Stevens and BOJ Deputy Governor Nakaso speak publicly.

Special Meetings:  The semi-annual IMF meetings in Washington run April 17-19.  A meeting of eurozone finance ministers is scheduled for the 24th.

U.S. Data Releases:  Durable goods orders, existing home sales, new home sales, the FHFA house price index, the Chicago Fed National Activity Index, the Kansas City Fed manufacturing index, Markit Economics’ U.S. manufacturing purchasing managers survey preliminary results, and weekly observations of jobless insurance claims, consumer comfort, energy inventories, mortgage applications and chain store sales.

Japanese Data:  Customs trade, corporate service prices, small business sentiment, the all industry index, the tertiary index, department store sales, supermarket sales, the index of leading economic indicators, and the preliminary purchasing managers manufacturing survey.

Selected Other Asian Releases:  Chinese and Indian indices of leading economic indicators.  South Korean GDP, PPI and consumer confidence.  Singaporean industrial output, consumer sentiment, and CPI.  Chinese preliminary manufacturing purchasing managers survey.

Eurozone Data:  Preliminary PMI surveys, construction output, consumer confidence, and fiscal debt/GDP and deficit/GDP ratios.

Members of Euroland:  German and French preliminary PMI surveys.  German import prices, PPI, and IFO business climate index.  French and Spanish indices of leading economic indicators.  Spanish trade balance, PPI and unemployment.  Italian retail sales, industrial orders, current account and hourly wage earnings.  Portuguese and Greek current accounts.  Portuguese, Finnish and Irish producer prices.  Dutch and Belgian consumer confidence.  Austrian industrial production and Belgian business sentiment.

British and Swiss Data:  U.K. Public finances, retail sales and the Rightmove house price index.  Swiss M3 money and trade surplus.

Eastern Europe:  Polish producer prices and industrial output.  Czech consumer sentiment.

Nordic Europe:  Icelandic consumer prices and hourly wage costs.  Danish retail sales.

Australia and New Zealand.  Each reports quarterly consumer prices.  Australian index of leading economic indicators and New Zealand’s service-sector purchasing managers index.

Turkey and South Africa:  Turkish consumer sentiment and South Africa’s CPI.

Canada, Mexico and Brazil:  Canada and Mexico each release both retail sales and wholesale turnover.  Brazil reports the current account.

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



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