Next Week

April 13, 2017

A lean holiday-shortened week lies ahead both from a data-release and central bank standpoint.

Central Banks: Bank Indonesia holds an interest rate policy meeting on Thursday. Minutes from the last Reserve Bank of Australia meeting get released. So does the Fed Beige Book that examines regional U.S. economic trends. Eric Rosengren has a public speaking engagement.

Easter Monday: Closed markets at the start of the week include Great Britain, Australia, Canada, New Zealand, Hong Kong, Germany, France, Italy, Greece and Switzerland. Brazil has a holiday at the end of the week.

Scheduled U.S. Statistical Releases: Industrial production, capacity usage, existing home sales, the National Association of Home Builders housing index, housing starts, building permits, the index of leading economic indicators, the Philly Fed and Empire State manufacturing indices, Treasury-compiled capital flows, and weekly jobless insurance claims, mortgage applications, energy inventories, consumer comfort and chain store sales.

Japan and China: Japanese trade, department store sales, supermarket sales, tertiary index and preliminary purchasing managers index for manufacturing. Chinese GDP, property prices, retail sales, industrial production and fixed asset investment.

Selected Other Asian Data: Trade balances for India, Singapore and Indonesia. Malaysian and Hong Kong unemployment. South Korean PPI, Indian WPI and Hong Kong CPI. India’s index of leading economic indicators.

Euroland: Consumer prices, current account, trade balance, construction output, consumer sentiment, and new car sales. Preliminary manufacturing, services and composite purchasing manager surveys for the whole common currency bloc as well as those for Germany and France.

Members of the Euro Area: German and Portuguese producer prices. Spanish and Italian trade balances. Greek and Portuguese current accounts. Austrian consumer prices and Spain’s index of leading economic indicators. Dutch unemployment and consumer sentiment. Italian wages and industrial orders.

U.K. and Switzerland: British retail sales and Rightmove house price index. Swiss money growth and  ZEW index of investor sentiment.

Eastern Europe: Polish retail sales, industrial production and wages. Czech and Polish producer prices.

Nordic Europe: Danish consumer confidence, Norwegian trade, and Iceland’s CPI.

Australia and New Zealand: Australia’s index of leading economic indicators and auto sales. New Zealand quarterly consumer prices, service sector purchasing managers index and consumer sentiment.

South Africa and Turkey: South African consumer prices and Turkish unemployment and consumer sentiment.

Canada, Brazil and Mexico: Canadian consumer prices. Mexican and Brazilian indices of leading economic indicators. Mexican unemployment.

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



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