Next Week

June 23, 2017

Holidays: For post-Ramadan celebrations, Indonesia will be closed all week, and India and Singapore are to be shut on Monday. Friday marks the end of June and second quarter.

Central Banks: Monetary policy meetings in the Czech Republic and Sri Lanka. A summary of the Bank of Japan’s Board meeting in mid-June will be published. Harker, Bullard, and Kashkari are some of the Fed officials with public speaking engagements. Bank of Canada Governor Poloz and RBA Assistant Governor DeBelle also speak publicly.

Scheduled U.S. Data Releases: GDP, personal spending and income, durable goods orders, a preliminary trade deficit estimate, the Richmond and Dallas Fed manufacturing indices, the Case-Shiller house price index, two estimates of consumer confidence (compiled by the Conference Board and Reuters/U. Michigan), the Chicago PMI, the Chicago Fed National Activity index, and weekly jobless insurance claims, consumer comfort, mortgage applications, chain store sales and energy inventories.

Japanese Statistics: Consumer service prices, industrial output, CPI, unemployment, retail sale, household spending, housing starts, construction orders, small business sentiment,motor vehicle output, and index of leading economic indicators.

Selected Other Asian Releases: Chinese and Indian current accounts. China’s government-compiled manufacturing and non-manufacturing purchasing manager indices. Thai and Hong Kong trade balances. Malaysian and Singaporean producer prices. South Korean industrial output, business sentiment and consumer confidence.

Euroland: M3 money and credit growth, economic sentiment, consumer prices and index of leading economic indicators.

Members of the Euro Area: Germany’s IFO business climate index, consumer confidence, import prices, CPI and unemployment. French CPI, consumer spending, consumer confidence, and producer prices. Italian CPI, PPI, business sentiment and consumer confidence. Spanish and Greek retail sales. Austrian, Cypriot, Greek and Finnish producer prices. Finnish and Portuguese consumer confidence. Portuguese and Cypriot industrial production. Irish GDP and current account.

U.K. and Switzerland: British GDP, current account, CBI distributive trades survey, money growth, mortgage approvals, and consumer confidence. Swiss ZEW expectations index, KOF index of leading economic indicators and UBS consumption indicator.

Nordic Europe: Danish, Swedish and Norwegian retail sales. Icelandic and Swedish producer prices. Danish GDP, Iceland’s CPI, and Swedish trade.

Australia and New Zealand: New Zealand and Australian new home sales. New Zealand trade, housing permits and business sentiment. Aussie money growth.

South Africa and Turkey: South African trade, money growth and PPI. Turkey’s trade balance.

Canada, Mexico and Brazil: Canadian GDP and PPI. Mexican trade and unemployment. Brazil’s current account, trade balance, PPI and consumer confidence.

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



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