Next and Last Week of 2016

December 23, 2016

Many Holiday Closures Including: United States, U.K., Germany, France, Spain, Italy, Switzerland, Australia, New Zealand, Canada, Hong Kong and South Africa on Monday and Australia, New Zealand, Hong Kong, Britain, Greece and Canada on Tuesday for a combination of Christmas, Boxing Day or St. Stephen’s Day. Also, Russia and early closes in Germany and Britain on Friday for New Year’s Eve.

Central Banks: Israeli central bank meeting on Monday. Bank of Japan minutes from end-October meeting and summary of December meeting get released. BOJ Governor Kuroda speaks to a business group.

Scheduled Japanese Data Releases: Consumer prices, labor statistics, household spending, retail sales, industrial production, small business sentiment, housing starts, construction orders, corporate service prices, and index of leading economic indicators.

Other Selected Asian Data: Chinese current account. South Korean consumer confidence, industrial production, and consumer prices. Malaysian and Singaporean producer prices. Thai and Hong Kong trade balances.

U.S. Economic Indicators: Case Shiller house price index, pending home sales, Dallas Fed and Richmond Fed manufacturing indices, Chicago regional manufacturing purchasing managers index, consumer confidence, advanced trade balance, and weekly jobless insurance claims, consumer comfort, mortgage applications, chain store sales, and energy inventories.

Euroland: Money and credit growth.

Members of the Euro Area: German retail sales and import prices. Italian CPI, PPI, business sentiment, and consumer confidence. Spanish current account, retail sales and CPI. Cypriot, Greek, and Austrian PPIs. Greek and Portuguese retail sales. Cypriot and Portuguese industrial production. Finnish consumer confidence and trade balance.

Eastern Europe: Czech business and consumer sentiment. Polish producer prices and Russian CPI.

Great Britain and Switzerland: British Nationwide house price index and BBA mortgage approvals. UBS Swiss consumption indicators.

Nordic Europe: Swedish trade balance and Norwegian retail sales.

Australia, Brazil, South Africa and Turkey: South African and Turkish trade. Australian money and private credit growth. South African money and credit growth. Brazilian unemployment.

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



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