Next Week

January 9, 2016

Central Banks:  Interest rate policy meetings are scheduled next week in the U.K., South Korea, Indonesia, Poland, Hungary, Serbia, Chile and Peru.  The Federal Reserve Beige Book of regional conditions will be published, and a slew of U.S. monetary policymakers speak publicly during the week, including Lockhart, Lacker, Kaplan, Rosengren, Dudley, Bullard, and Evans.

State of the Union:  U.S. President Obama delivers the 2016 state of the union address to a joint session of congress on Tuesday.

Scheduled U.S. Data:  Retail sales, industrial production, capacity utilization, Empire State and Philly Fed manufacturing indices, the Federal Reserve labor market conditions index, the NFIB index of small business confidence, the JOLTS index of job hires and separations, the IBD/TIPP optimism index, import prices, the U. Michigan/Reuters consumer sentiment index, and weekly jobless insurance claims, consumer comfort, energy inventories, chain store sales, and mortgage applications.

Chinese Data:  CPI and PPI already reported today.  Still to come: trade balance, foreign direct investment, money growth and bank lending.

Japanese Data:  Machinery orders, machine tool orders, corporate goods prices, economy watchers index, current account, bank lending, money growth, bankruptcies, and consumer confidence.

Selected Other Asian Data:  Indian and Malaysian industrial output.  Indonesian trade, Singaporean retail sales and Indian wholesale prices.

Euroland:  Industrial production, trade, and the Sentix measure of investor sentiment.

Members of the Eurozone:  Spanish, French, Italian, Cypriot, Greek, Portuguese, and Finnish consumer prices.  Spanish and Italian industrial production.  Finnish and Dutch retail sales.  Belgian, Dutch and Cypriot trade.  Ireland’s construction purchasing managers index.  German calendar 2015 GDP, monthly wholesale prices, and index of leading economic indicators.  French business sentiment and current account.

Switzerland and the U.K.:  Swiss retail sales and British same-store sales, monthly GDP, construction output, and index of leading economic indicators.

Eastern Europe:  Romanian and Hungarian industrial production.  Romanian and Czech GDP.  Hungarian, Czech and Polish consumer prices.  Romanian trade and the Czech current account.

Nordic Europe:  Danish, Swedish, and Norwegian consumer prices.  Danish and Norwegian trade and producer prices.  Denmark’s current account.

Canada, Mexico and Brazil:  Canadian housing starts, new home prices, existing home sales and monthly survey of manufacturing shipments, orders and inventories.  Mexican trade, industrial output and index of leading economic indicators.  Brazilian retail sales.

Australia, New Zealand and Turkey:  Australian labor statistics, home loans and business conditions and confidence.  New Zealand food prices.  Turkish unemployment and current account.

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



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