Next Week

August 26, 2016

Central Banks: The annual Jackson Hole Symposium ends tomorrow. Monetary policy meetings are scheduled next week in Brazil, Israel and Colombia. Lacker and Kashkari are two of the Fed officials speaking publicly next week. So are DeBelle of the Reserve Bank of Australia and Nowotny of the ECB.

British Holiday: Late summer bank holiday on Monday. The U.S. Treasury market will close early on Friday ahead of the U.S. Labor Day weekend.

Purchasing Manager Surveys: Manufacturing results for the United States, Canada, Euroland, Germany, France, Italy, Spain, Great Britain, Australia, Japan, China, South Korea, Malaysia, Taiwan, India, Indonesia, Thailand, Vietnam, The Philippines, Turkey, South Africa, The Netherlands, Austria, Ireland, Russia, Greece, Sweden, Poland, Hungary, Norway, Switzerland, Sweden, Mexico and Brazil. Besides the Caixin Chinese manufacturing survey, the government releases its own PMIs for non-manufacturing as well as manufacturing. The U.K. construction PMI arrives, too.

Scheduled U.S. Data Releases: Personal income and spending, the PCE price deflator, the trade balance, the ADP estimate of private jobs growth, the Labor Department jobs report, motor vehicle sales, consumer confidence, the New York (NAPM) and Chicago regional PMI surveys, factory orders, construction spending, the Case-Shiller house price index, pending home sales, the Dallas Fed manufacturing index, quarterly productivity and unit labor costs, and weekly jobless insurance claims, mortgage applications, chain store sales, energy inventories and consumer comfort.

Japanese Statistics: Unemployment, household spending, industrial production, retail sales, motor vehicle output and sales, small business sentiment, consumer confidence, housing starts, construction orders, the monetary base, and quarterly corporate earnings and investment.

Selected Other Asian Data: South Korean and Indian GDP. Malaysian, Singaporean and Thai producer prices. Thai, South Korean and Indian current accounts. Thai and South Korean consumer prices. Hong Kong retail sales and South Korean industrial output.

Euroland: Economic sentiment, consumer prices, producer prices, and unemployment.

Members of the Euro Zone: German, Irish, Italian, Greek and Portuguese retail sales. German, Italian, and Spanish consumer prices. Italian, Greek, Belgian, and Portuguese GDP. French, Austria and Portuguese producer prices. Finnish trade balance and Spanish current account. German unemployment and Italian wages. Italian consumer sentiment and French consumer spending. German import prices.

U.K. and Switzerland: British money growth, consumer confidence, mortgage applications, and Nationwide house price index. Swiss index of leading economic indicators and UBS consumption indicator.

Nordic Europe: Swedish and Norwegian retail sales. Danish and Norwegian GDP. Iceland’s PPI and Swedish trade.

Eastern Europe: Czech GDP. Hungarian and Romanian producer prices.

Australia, New Zealand and South Africa: Australian retail sales, money and credit growth, building permits, and new home sales. South African trade balance. New Zealand terms of trade and building approvals.

Canada and Brazil: Canadian and Brazilian GDP, PPI, and trade balance. Canadian raw material prices, current account and productivity. Brazilian industrial production.

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



Comments are closed.