Next Week

July 1, 2016

Central Bank Action:  Interest rate policy meetings in Australia, Sweden, Poland and Serbia.  Publication of ECB Account, FOMC minutes, Bank of England Financial Stability Report, and Bank of Canada Business Outlook Survey. ECB President Draghi, BOJ Governor Kuroda, and RBA Deputy Governor DeBelle speak publicly.

Events and Holidays:  Australian national election on Saturday. U.S. Independence Day on Monday.

Purchasing Manager Surveys:  Manufacturing PMIs from Canada, Singapore, South Africa, Lebanon and Hong Kong.  Construction PMIs from the U.K., Germany and Australia.  Service-sector PMIs for China, Japan, India, Ireland, Australia, Russia, Spain, Italy, France, Euroland, Britain, Brazil and the United States.  Retail PMIs for the eurozone, France, Germany and Italy.  IVEY PMI for Canada.

U.S. Statistics:  Labor Dept. jobs report, motor vehicle production, consumer credit, the trade balance, durable goods orders, the ADP estimated change in private employment, the New York NAPM regional PMI, and weekly jobless insurance claims, chain store sales, consumer comfort, energy inventories, and mortgage applications.

Japan:  Bank lending, current account, economy watchers index, the monetary base, international reserves, bankruptcies, the index of leading economic indicators, and labor cash earnings.

Selected Other Asian Statistical Releases:  Chinese trade and foreign direct investment.  Filipino CPI and PPI.

Australia, New Zealand and Turkey:  Australian retail sales, trade balance and building permits.  New Zealand business sentiment.  Turkish CPI and PPI.

Euroland:  Producer prices, retail sales and the Sentix measure of investor sentiment.

Members of the Eurozone:  German and French industrial production, current account, and trade balance.  German factory orders and French business sentiment.   Spanish, Finnish, Irish, and Greek industrial production.  Dutch, Greek, and Cypriot consumer prices.

Britain and Switzerland:  U.K. industrial production, car sales, shop prices, trade deficit, Halifax house price index, and monthly GDP.  Swiss unemployment and CPI.

Nordic Europe:  Swedish, Norwegian and Danish industrial production.

Eastern Europe:  Hungarian and Czech industrial output.  Hungarian CPI and Czech retail sales.

Canada and Latin America:  Canadian trade balance and building permits.  Mexican PPI, CPI and consumer confidence.  Brazilian consumer prices.

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

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