Next Week

June 30, 2017

Central Banks: Monetary policy meetings in Australia, Thailand, Ukraine, Poland and Romania. FOMC minutes, ECB Account (like minutes), and the Bank of Japan quarterly Tankan survey of businesses will be published. Powell and Bullard are two of the Federal Reserve officials who’ll speak publicly.

Holidays: Canada Day to be observed Monday. U.S. Treasury market closes 1:00 PM on Monday, and everything in the U.S. is shut Tuesday for Independence Day.

Special Event: The annual two-day summit of Group of Twenty leaders begins Friday in Hamburg, Germany. U.S. President Donald Trump and China President Xi Jingping will hold bilateral talks on the sidelines.

Purchasing Manager Surveys: Various and sundry PMIs will be published on every day of the week. Most manufacturing PMIs arrive Monday, and most of the service sector PMI arrivals will be on Wednesday.

Scheduled U.S. Statistical Releases: Monthly labor department jobs report, motor vehicle sales, factory orders, trade balance, construction spending, ADP estimate of private sector employment, New York regional PMI (NAPM index), IBD/TIPP optimism index and weekly jobless insurance claims, consumer comfort, chain store sales, energy inventories and mortgage applications.

Japanese Data: Consumer confidence, monetary base, international reserves, labor cash earnings, index of leading economic indicators, and motor vehicle sales.

Selected Other Asian Releases: Thai, Indonesian, South Korean and Filipino consumer prices. Thai and Filipino producer prices. Chinese reserves, Indian money growth, South Korean current account, and Malaysian trade balance.

Euroland: Retail sales, producer prices and unemployment.

Members of the Eurozone: German, Spanish and French industrial production. Greek, Cypriot, and Dutch consumer prices. French current account and trade balance. Italian, Spanish and Greek unemployment. German industrial orders, Italian retail sales and Austrian wholesale prices.

U.K. and Switzerland: British trade deficit, industrial production, construction output, car sales, shop prices, RICs house price index, Halifax house price index, and monthly GDP. Swiss retail sales, consumer prices and jobless rate.

Eastern Europe: Romanian, Czech and Hungarian retail sales. Czech and Hungarian industrial production. Romania’s PPI and GDP. Czech trade and CPI.

Nordic Europe: Danish, Swedish and Norwegian industrial output.

Australia and New Zealand: Australian retail sales, trade balance and building permits. New Zealand business sentiment and home prices.

Turkey and South Africa: Turkish CPI and PPI. South African business confidence.

Canada: Monthly labor market statistics, the trade balance and building permits.

Mexico and Brazil: Mexican CPI, PPI and consumer confidence. Brazilian consumer prices and industrial output.

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



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