Next Week

January 13, 2017

Holidays and Special Events: On Monday, Martin Luther King’s Birthday in the United States. Tuesday-Friday World Economic Forum in Davos, Switzerland. Inaugural of Trump/Pence on Friday.

Central Banks: Interest rate policy meetings in Canada, Euroland, Malaysia, Chile, Turkey and Indonesia. Yellen, Dudley and Harker of the Fed speak publicly. ECB President Draghi and Bank of Canada Governor Poloz hold press conferences. Bank of England Governor Carney speaks publicly. Publication of the Federal Reserve Beige Book and Bank of Canada quarterly Monetary Policy Outlook.

Scheduled U.S. Data Releases: Consumer prices, industrial production, housing starts, building permits, capacity utilization, Empire State and Philly Fed manufacturing indices, National Association of Home Builders housing market index, Treasury-compiled capital flows, and weekly jobless insurance claims, consumer comfort, chain store sales, energy inventories and mortgage applications.

Chinese Statistics: Quarterly GDP and monthly retail sales, industrial production, fixed asset investment, and property prices.

Japanese Data: Machinery orders, revised industrial production, machine tool orders, capacity usage, department store sales, and the tertiary index.

Other Selected Asian Releases: Indian wholesale prices and index of leading economic indicators. Singaporean and Indian trade balances. South Korea’s PPI, Hong Kong unemployment and Malaysian consumer prices.

Euroland: CPI, current account, trade balance, construction output, home prices, EU car sales, and ZEW index of investor sentiment.

Members of the Euro Area: German ZEW index, CPI and PPI. Italian, Spanish, Belgian, and Irish trade figures. Greek, Portuguese, and Italian current accounts. Italian and Austrian consumer prices. Italian wages, the Portuguese PPI, Dutch consumer sentiment, Ireland’s construction PMI and Spain’s index of leading economic indicators.

U.K. and Switzerland: British retail sales, consumer prices, producer prices, retail prices, labor market statistics, and CBI industrial trends survey. British DCLG home price index, Rightmove house price index, Royal Institute of Chartered Surveyors housing market index, and CBI survey of industrial trends. Swiss producer prices, import prices, money growth, and ZEW index of investor sentiment.

Nordic Europe: Denmark’s PPI, retail sales, and consumer sentiment. Icelandic consumer prices and Norwegian trade figures.

Eastern Europe: Czech PPI and Polish producer prices, retail sales and industrial output.

Australia, New Zealand and South Africa: Australian labor statistics, consumer confidence, home loans, house sales, and auto sales. New Zealand consumer prices, manufacturing purchasing managers index, building permits and food prices. South Africa’s CPI, retail sales and index of leading economic indicators.

Canada: Retail sales, consumer prices and survey of manufacturing sales, orders and inventories.

Brazil and Mexico: Brazil’s index of leading economic indicators and Mexican unemployment.

Copyright 2017, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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