Next Week

January 20, 2017

Holidays: On Thursday India Republic Day and Australia Day. Chinese New Year begins late Friday, affecting China, Singapore, Hong Kong and South Korea.

Central Banks: Monetary Policies in South Africa, Israel, Ukraine, Hungary and Turkey. ECB President Draghi and Reserve Bank of New Zealand Governor Wheeler speak publicly.

Scheduled U.S. Statistical Releases: GDP, durable goods orders, the K.C. and Richmond Fed manufacturing indices, consumer confidence, the FHFA house price index, the index of leading economic indicators, new home sales, existing home sales, the Chicago Fed National Activity index, and weekly jobless insurance claims, consumer comfort, mortgage applications, chain store sales and energy inventories.

Japanese Data: All industry index, consumer prices, unemployment, household spending, small business sentiment, customs trade, corporate service prices, and index of leading economic indicators.

Selected Other Asian Releases: Chinese corporate profits and index of leading economic indicators. South Korean and Filipino GDP. Hong Kong and Singapore consumer prices. South Korean consumer and business sentiment. Singapore PPI, unemployment, and industrial output. Hong Kong trade.

Euroland: Money and credit growth, preliminary purchasing managers surveys, consumer confidence, index of leading economic indicators, and debt- and deficit-to-GDP ratios.

Members of the Euro Area: Preliminary PMI surveys of Germany and France. German import prices, IFO business climate index, consumer confidence, and retail prices. French GDP and index of leading economic indicators. Italian and French consumer sentiment. Italian retail sales, wage costs, and industrial orders. Spanish and Finnish producer prices and unemployment. Austrian GDP and industrial output.

Switzerland and the U.K.: Swiss money growth, trade balance, ZEW expectations index, and UBS consumption indicator. British GDP, Nationwide home price index, BBA estimate of mortgage approvals, public finances, and the CBIs surveys of industrial trends and distributive trades.

Nordic Europe: Swedish and Norwegian unemployment. Swedish retail sales and trade balance. Icelandic wage costs and consumer prices.

Eastern Europe: Czech consumer and business confidence. Polish unemployment and Russian producer prices.

Australia and New Zealand: Aussie and New Zealand consumer prices. Australian index of leading economic indicators and PPI. New Zealand Performance of Services index.

Turkey and South Africa: Turkish consumer sentiment and South African PPI.

Canada, Mexico and Brazil: Canadian wholesale turnover. Mexican retail sales and trade balance. Brazil’s current account and consumer confidence.

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



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