Next Week

March 19, 2016

Central Banks:  Interest rate policy meetings in Hungary, Thailand, Taiwan, Turkey, and the Philippines.  Lockhart, Evans, Bullard and Harker of the Fed Speak publicly. So do Stevens and Edey of the Reserve Bank of Australia and Funo of the Bank of Japan.

Holiday Closures:  Japan on Monday for the Vernal Equinox.  Greece on Friday for Independence Day.  A slew of markets for Good Friday, including Germany, Switzerland, Italy, Spain, Portugal, Great Britain, Canada, Australia, New Zealand, Hong Kong, Singapore, Brazil, India, and the United States.

Canadian Budget:  Annual presentation is on Tuesday.

Scheduled U.S. Economic Data Releases:  New and existing home sales, the FHFA house price index, the K.C. and Richmond Fed manufacturing indices, revised GDP, the revised U. Michigan index of consumer sentiment, the Chicago Fed National Activity index, the preliminary Markit Economics U.S. manufacturing PMI, and weekly jobless insurance claims, consumer comfort, mortgage applications, energy inventories, and chain store sales.

Japanese Data:  Small business sentiment, corporate service prices, the all industry index, supermarket sales, and the preliminary manufacturing PMI.

Selected Other Asian Indicators:  Hong Kong, Malaysian, and Singaporean consumer prices.  Hong Kong’s current account, South Korean GDP, and India’s index of leading economic indicators.

Euroland:  Preliminary PMIs in manufacturing and services, the ZEW index of investor sentiment, consumer confidence, the current account and the index of leading economic indicators.

Members of the Eurozone:  German IFO business climate index, Zew index of investor sentiment, import prices, consumer confidence, and preliminary purchasing managers indices.  French PMI, GDP and business sentiment.  Italian, Portuguese, Dutch and Greek current accounts.  Spanish and Irish producer prices.  Spanish trade balance. Italian retail sales, industrial orders and wages.

Nordic Europe:  Swedish producer prices and consumer sentiment.  Irish wages.

Eastern Europe:  Czech business sentiment and consumer confidence.

Britain and Switzerland:  U.K. public sector borrowing, CPI, RPI, PPI, Department of Communities and Local Government house price index, Rightmove house price index, retail sales, and the CBI surveys of industrial trends and distributive trends.  Swiss money growth, current account, trade balance, and ZEW index of investor sentiment.

Australia and New Zealand:  Australian house prices and index of leading economic indicators.  New Zealand’s trade balance.

South Africa and Turkey:  South African consumer prices and producer prices.  Turkish consumer sentiment.

Latin America:  Mexican retail sales and Brazilian current account.

Copyright 2016, Larry Greenberg.  All rights reserved.  No secondary distribution without express permission.



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