Next Week

July 3, 2015

Central Banks:  Monetary policy meetings are scheduled in Australia, Poland, the U.K., Peru, Malaysia and South Korea.  FOMC minutes from the mid-June meeting get published, and Fed officials with public speaking appearances are Yellin, Rosengren, Brainard, Kocherlakota, George and Williams.

Special Event:  The Greek referendum on staying in the common currency is on Sunday, July 5. 

Scheduled U.S. Data to be Released:  Services purchasing managers survey, IBD/TIPP Optimism index, JOLTS index, Fed’s labor conditions index, trade balance, consumer credit, wholesale turnover, and weekly jobless insurance claims, chain store sales, mortgage applications, energy inventories, and consumer comfort.

Japanese Data:  Current account, bank lending, money growth, corporate goods prices, consumer credit, economy watchers index, machinery orders, machine tool orders, bankruptcies, reserves, and index of leading economic indicators.

Selected Other Asian Indicators:  Chinese CPI, PPI, reserves, money and bank lending growth.  Indian and Malaysian industrial output.  Filipino CPI and PPI.  Hong Kong’s manufacturing PMI.

Eurozone:  Retail PMI, Sentix index, and quarterly home prices.

Members of the Euro Area:  German retail PMI, trade balance, current account, WPI, factory orders, and industrial production.  French, Spanish, Italian, Finnish, and Greek industrial production.  Greek, Dutch, Portuguese and Cypriot consumer prices.  Cypriot, Portuguese, Austrian, Finnish, and French trade.  French and Finnish current accounts.

Great Britain and Switzerland:  U.K. car sales, Halifax house price index, industrial production, monthly GDP, shop prices, RICs housing market balance index, trade balance and construction output.  Swiss consumer prices and unemployment.

Eastern Europe:  Czech retail sales, industrial output, unemployment, and CPI.  Romanian GDP, trade balance, and industrial output.  Hungarian CPI and industrial production.

Nordic Europe:  Danish current account, CPI, and industrial production.  Norwegian industrial output, CPI and PPI.  Swedish industrial production.

Canada and Mexico:  Canadian labor statistics, IVEY-PMI, trade balance, housing starts and home prices.  Mexican trade balance, CPI, PPI and industrial output.

Australia and New Zealand:  Australian job ads, expected inflation, construction PMI, unemployment, jobs growth, and private home lonas.  New Zealand business sentiment.

Turkey and South Africa: Turkish current account and industrial output.  South African industrial production.

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



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