Next Week

November 20, 2015

Holiday Closures:  Japan for Labor Thanksgiving on Monday and the United States for Thanksgiving on Thursday (many workers will be off Friday, too).

Central Bank Action:  Interest rate policy meetings in Israel, Brazil and Turkey.  October 30 BOJ Board minutes get published.  John Williams of the San Francisco Fed speaks publicly.  So do Weidmann of the Bundsbank, Shirai of the BOJ, Patterson of the Bank of Canada, and DeBelle of the Reserve Bank of Australia.

Scheduled U.S. Data Releases:  Revised GDP, new and existing home sales, the FHFA house price index, the Case-Shiller house price index, new and existing home sales, the Chicago Fed National Activity Index, the Richmond Fed manufacturing index, consumer confidence, durable goods orders, the U. Michigan consumer sentiment index, personal income and spending, plus weekly consumer comfort, chain store sales, mortgage applications, energy inventories, and jobless insurance claims.

Euroland:  Preliminary purchasing managers survey, M3 money and bank lending, economic sentiment and index of leading economic indicators.

Germany, France and Italy:  German and French PMI indices.  German import prices, index of leading economic indicators, retail sales, producer prices, consumer prices, consumer confidence, and IFO business climate.  Italian wages, retail sales, consumer confidence and business sentiment.  French PPI.

Other Eurozone Data:  Spain’s PPI, CPI, GDP and retail sales.  Finnish and Greek producer prices.  Austrian and Cypriot industrial production.  Greek GDP and Irish retail sales.  Finnish and Dutch consumer confidence.  Belgian and Dutch business sentiment.

Britain and Switzerland:  U.K. consumer confidence, Nationwide house price index, GDP, BBA-compiled mortgage approvals, and CBI distributive trades survey.  British government delivers the Autumn Forecast Statement.  Swiss industrial production and UBS consumption indicator.

Nordic Europe:  Swedish PPI, trade balance and consumer sentiment.  Norwegian unemployment, retail sales, and consumer confidence.  Icelandic CPI.

Eastern Europe:  Czech GDP, plus consumer and business sentiment.

Japan:  CPI, unemployment, household spending, small business sentiment, corporate service prices, index of leading economic indicators, preliminary purchasing managers surveys of both manufacturers and services, and supermarket sales.

Selected Other Asian Data:  Chinese profits.  Filipino and Hong Kong trade balances.  Malaysian unemployment and Indian index of leading economic indicators.  Filipino and Singaporean GDP.  Singapore’s PPI and industrial production.

Australia, New Zealand and South Africa:  Australian consumer sentiment, third-quarter capital spending, and construction work done.  New Zealand business sentiment and trade balance.  South African GDP and producer prices.

Canada, Mexico, and Brazil:  Canadian PPI and raw material prices.  Mexican retail sales, trade balance, and unemployment.  Mexican and Brazilian current accounts.  Brazilian PPI and consumer sentiment.

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



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