Next Week

August 18, 2017

Central Banks: Iceland, Indonesia and Hungary have planned monetary policy reviews next week, and Draghi and Constancio of the European Central Bank speak publicly.

Holidays and Special Events: The Hindu holiday of Garesh Chaturthi begins Friday, and the annual Jackson Hole central banking symposium, hosted by the Kansas City Fed, runs from Thursday through Saturday.

Scheduled U.S. Economic Data Releases: New and existing home sales, the Richmond and Kansas City Fed manufacturing indices, the FHFA housing price index, durable goods orders and weekly jobless insurance claims, mortgage applications, consumer comfort, chain store sales and energy inventories.

Japanese Statistics: Consumer prices, all industry index, machine tool orders, index of leading economic indicators, preliminary manufacturing purchasing managers index and department store sales.

Selected Other Asian Indicators: Malaysian, Hong Kong and Singaporean consumer prices. Indian and Chinese indices of leading economic indicators. Thai GDP, Hong Kong trade and Singaporean industrial production. South Korea consumer sentiment and producer prices.

Euroland: Preliminary consumer confidence, ZEW index of investor sentiment, index of leading economic indicators, and flash PMI readings for August.

Members of the Euro Area: French and German preliminary PMI results. German GDP, consumer confidence, ZEW index of investor confidence, and import prices. French business sentiment and consumer confidence. Spanish PPI, GDP and trade balance. Irish and Finnish PPI. Dutch and Belgian consumer sentiment. Greek and Portuguese current accounts. Austrian industrial output and Finnish unemployment.

U.K. and Switzerland: British GDP, public sector borrowing, BBA-reported mortgage approvals, Rightmove house price index, and CBI surveys of industrial trends and distributive trades. Swiss trade surplus and industrial production.

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

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

Australia, New Zealand, Turkey and South Africa: Australian and South African indices of leading economic indicators. New Zealand trade, South African CPI, and Turkish consumer confidence.

Canada, Mexico and Brazil: Mexican and Canadian retail sales. Mexican and Brazilian current accounts. Mexican GDP and unemployment. Brazilian consumer sentiment and Canadian wholesale turnover.

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



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