Next Week

September 1, 2017

Central Bank Beat: Monetary policy meetings at the ECB and in Sweden, Australia, Canada, Brazil, Poland, Malaysia, and Serbia. Fed Beige Book of regional economic conditions will be published. Fed officials with public speaking engagements included Mester, Kashkari, Harker, Brainard, and Kaplan. Mario Draghi will oversee a press conference on Thursday.

Holidays: U.S. and Canadian labor days on Monday. Brazilian Independence Day on Thursday.

Purchasing Manager Surveys: Manufacturing for Indonesia, Malaysia, The Philippines, Hong Kong, Turkey, South Africa and Singapore. Services for Euroland, Germany, Italy, France, Spain, Australia, the United States, U.K., Russia, India, Ireland, China, and Japan. Construction for Great Britain, Germany and Australia. Retail for Euroland, Germany, France and Italy.

Scheduled U.S. Economic Data: Factory orders, trade deficit, consumer credit, productivity, unit labor costs, New York regional PMI, IBD/TIPP optimism index, and weekly jobless insurance claims, chain store sales, consumer comfort, mortgage applications and energy inventories.

Japanese Statistics: GDP, current account, bank lending, economy watchers index, labor cash earnings, international reserves, monetary base and index of leading economic indicators.

China: Reserves, trade balance, foreign direct investment, CPI and PPI.

Selected Other Asian Data: Indonesian, Thai, South Korean and Filipino consumer prices. Thai and Filipino PPI. Malaysian trade, Indonesian consumer confidence and South Korean index of leading economic indicators.

Euroland: GDP, retail sales, PPI, labor costs, and Sentix gauge of investor sentiment.

Members of the Euro Area: German and French current accounts and trade balances. German, French, Spanish, Finnish, Greek, and Irish industrial production. Dutch, Irish, Greek and Cypriot consumer prices. Austrian, Greek and Portuguese trade balances. Greek unemployment, Cypriot GDP, and Italian retail sales.

U.K. and Switzerland: British industrial production, trade deficit, construction output, same store sales, monthly GDP, car sales, Halifax house price index, and Royal Institute of Chartered Surveyors house price balance. Swiss GDP, CPI and unemployment.

Eastern Europe: Romanian, Czech and Hungarian retail sales. Hungarian and Romanian GDP. Hungarian and Czech industrial production. Czech trade, Romanian producer prices, and Hungarian consumer prices.

Nordic Europe: Norwegian, Swedish and Danish industrial production. Danish and Norwegian current accounts. Danish trade and Icelandic GDP.

Canada: Unemployment, employment, trade, housing starts, building permits, productivity, unit labor costs, and IVEY-PMI index.

Brazil and Mexico: Brazilian industrial production and CPI. Mexican consumer prices, consumer confidence and producer prices.

Australia and New Zealand: Australian GDP, retail sales, home loans, trade balance and current account. New Zealand quarterly index of factory activity.

South Africa and Turkey: South African GDP and factory output. Turkish CPI, PPI, and industrial production.

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




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