Next Week

February 17, 2017

Central Bank Activity: Interest rate policy meetings scheduled in South Korea, Brazil and Colombia. Minutes from prior policy meetings to be released by the Federal Reserve and Reserve Bank of Australia. The Cleveland, Philadelphia and Atlanta Fed presidents (Mester, Harker, and Lockhart) speak publicly as does the Reserve Bank of Australia Governor Lowe.

February 20th Holidays: U.S. Presidents Day and Canadian Family Day.

Scheduled U.S. Economic Data Releases: Existing and new home sales, Chicago Fed National Activity index, FHFA home price index, K.C. Fed manufacturing index, U. Michigan/Reuters consumer sentiment, and weekly jobless insurance claims, consumer comfort, energy inventories, mortgage applications and chain store sales.

Euroland: Preliminary purchasing manager survey results, consumer prices, consumer confidence, and index of leading economic indicators.

Members of the Euro Area: Preliminary German and French purchasing manager survey results and consumer confidence indices. German producer prices, import prices, and GDP. French, Italian, Finnish, Irish Cypriot, and Austrian CPIs. French index of leading economic indicators. Spanish, Finnish, and Greek producer prices. Greek and Portuguese current accounts. Italian and Dutch consumer confidence. Italian retail sales and industrial orders.

U.K. and Switzerland: British GDP, public finances and the CBI surveys of industrial trends and distributive service trends. Swiss industrial production, trade surplus, money growth and ZEW index of investor expectations.

Nordic Europe: Danish and Swedish consumer confidence. Norwegian and Icelandic unemployment. Icelandic wages and consumer prices. Danish retail sales.

Eastern Europe: Czech consumer confidence and business sentiment. Polish unemployment.

Japanese Statistical Releases: Customs trade, corporate service prices, supermarket sales, index of leading economic indicators, all-industry index, and preliminary manufacturing PMI survey.

Selected Other Asian Releases: Chinese and South Korean consumer confidence. Hong Kong and Thai GDP. Malaysian CPI, Hong Kong CPI, South Korean producer prices, and Singaporean industrial production.

Australia, New Zealand, South Africa and Turkey: Australian index of leading economic indicators, labor cost inflation, construction completions, and private-sector investment. New Zealand producer prices and performance of services survey. South Africa’s PPI and Turkish consumer sentiment.

Canada: Retail sales, consumer prices wholesale turnover, and average weekly earnings.

Mexico and Brazil: Mexican retail sales and current account. Brazilian unemployment.

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



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