Next Week

August 5, 2016

Holidays: A newly created holiday in Japan, Mountain Day, will be observed Thursday and every ensuing August 11. Singapore’s National Day is on Tuesday.

Central Banks:  Monetary policy meetings in New Zealand, South Korea, India, Mexico, Serbia, The Philippines, and Peru. Reserve Bank of Australia Governor Stevens delivers a speech on Wednesday.

Scheduled U.S. Data: The Federal Reserve monthly labor cost index, quarterly unit labor costs and productivity, monthly retail sales, producer prices, import prices, IBD/TIPP optimism index, NFIB index of small business sentiment, JOLTS index, federal budget, U. Michigan/Reuters index of consumer sentiment, and weekly chain store sales, jobless insurance claims, consumer comfort, mortgage applications and energy inventories.

Japanese Statistics: The current account, bank lending, money growth, machine tool orders, the tertiary index, machinery orders, corporate goods prices, bankruptcies and economy watchers index.

Chinese Statistical Releases: CPI, PPI, foreign direct investment, retail sales, industrial production, bank lending, money growth, reserves, and fixed asset investment.

Selected Other Asian Data: GDP for Singapore, Hong Kong and Malaysia. Malaysian and Indian industrial production. Indonesian current account and South Korean index of leading economic indicators.

Euroland: GDP, industrial production and Sentix measure of investor sentiment.

Eurozone Members: German GDP, CPI, industrial production, trade balance, current account, WPI and construction output. French, Irish, Finnish, and Greek industrial production. Greek, Cypriot, Portuguese and Italian consumer prices and GDP growth. French business sentiment and CPI. Dutch and Italian trade balances. Greek import prices and the Irish construction purchasing managers index.

U.K. and Switzerland: British trade, industrial output, same-store sales, monthly GDP, RICs house price index, and index of leading economic indicators. Swiss unemployment.

Nordic Europe: Danish current account and Norwegian GDP. Danish, Norwegian and Swedish consumer prices. Danish and Swedish industrial production.

Eastern Europe: Polish, Czech and Hungarian consumer prices. Hungarian, Romanian, and Czech industrial output. Romanian and Hungarian GDP. Poland’s current account.

Australia and New Zealand: Australian consumer confidence, home loans, and business conditions and confidence. New Zealand retail sales, food prices and factory PMI.

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

Brazil and Mexico: Brazilian retail sales and consumer prices. Mexican industrial production, CPI, PPI, and index of leading economic indicators.

Canada: Building permits, housing starts and new home prices.

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



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