Next Week

August 18, 2016

Jackson Hole Symposium: This annual event sponsored by the Kansas City Fed runs from August 25 to 27. This year’s theme is “Designing Resilient Monetary Policy Frameworks for the Future.”

Scheduled Interest Rate Policy Meetings: Turkey, Iceland and Hungary.

U.S. Data Releases: Revised GDP, new and existing home sales, the FHFA house price index, durable goods orders, the K.C. Fed manufacturing index, preliminary PMI survey results, and weekly jobless insurance claims, mortgage applications, consumer comfort, chain store sales and energy inventories.

Japanese Statistics: Consumer prices, small business sentiment, corporate service prices, index of leading economic indicators, and preliminary manufacturing purchasing managers survey.

Selected Other Asian Data Arrivals: Chinese profits, Hong Kong and Singapore consumer prices, Filipino and Hong Kong trade, South Korean consumer sentiment and Singapore’s industrial production.

Euroland: Money and credit growth. Preliminary PMI surveys for the euro area, Germany and France.

Members of the Euro Zone: German GDP, IFO business climate, consumer confidence, and import prices. French and Spanish GDP. Spanish and Finnish producer prices. Spanish and Italian retail sales. Spanish GDP, Italian CPI, and Belgian business climate.

Britain and Switzerland: CBI surveys of trends in British industrial and distributive trades. British revised GDP, consumer sentiment, mortgage applications, and Nationwide house price index. Swiss trade, money growth, industrial production, and UBS consumption indicator.

Nordic Europe: Danish retail sales and consumer confidence. Swedish producer prices and consumer confidence. Icelandic wage costs.

Eastern Europe: Czech business and consumer sentiment.

Australia and New Zealand: Australian investment and index of leading economic indicators. New Zealand trade.

Turkey and South Africa: Turkish consumer sentiment and South Africa’s CPI and PPI.

Canada, Mexico and Brazil: Canadian wholesale turnover. Mexican GDP, retail sales, current account and trade balance. Brazilian current account and consumer sentiment.

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



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