Next Week

January 12, 2018

Central Banks: Monetary policy meetings are scheduled in Canada, South Africa, South Korea and Indonesia. The Fed Beige Book of regional economic conditions and the Bank of Canada’s quarterly Monetary Policy Report will be published. Jordan of the Swiss National Bank, Coerce of the European Central Bank and Evans and Mester of the Fed speak publicly.

U.S. Monday Holiday: Martin Luther King Jr.’s birthday.

Scheduled U.S. Statistical Releases: Industrial production, capacity usage, the Empire State and Philadelphia Fed regional manufacturing indices, housing starts, building permits, the National Association of Home Builders housing market index, the U. Michigan/Reuters consumer sentiment index, and weekly jobless insurance claims, mortgage applications, chain store sales, consumer comfort and energy inventories.

Japanese and Chinese Data: Japanese money growth, corporate goods prices, machinery orders, machine tool orders, bankruptcies, and tertiary index. Chinese 4Q GDP and monthly retail sales, industrial production, property prices and foreign direct investment.

Selected Other Asian Data: South Korean, Indonesian, Indian and Singaporean trade balances. Malaysian and Hong Kong unemployment. Indian wholesale prices and South Korea’s index of leading economic indicators.

Euroland: Consumer prices, current account, trade balance, construction output and ZEW index of financial market sentiment.

Members of the Euro Area: German ZEW expectations index, CPI, WPI, and PPI. German and Spanish indices of leading economic indicators. Italian, Dutch, and Spanish trade balances. Italian, Austrian, Finnish and Irish consumer prices. Italian, Finnish and Portuguese current accounts. Dutch retail sales and unemployment. Portugal’s PPI and Ireland’s construction purchasing managers index. Belgian consumer confidence.

U.K. and Switzerland: British CPI, RPI, PPI, DCLG house price index, Rightmove house price index, retail sales and index of leading economic indicators. Swiss producer prices and import prices.

Eastern Europe: Czech and Polish producer prices. Polish CPI and industrial production.

Nordic Europe: Norwegian trade, Danish producer prices and Icelandic consumer prices.

Australia and New Zealand: Australian labor statistics, motor vehicle sales, mortgage loans, and Westpac index of consumer confidence. New Zealand manufacturing PMI, home prices, food prices, and NZIER business confidence index.

South Africa and Turkey: South African retail sales and wholesale turnover. Turkish unemployment.

Canada: Existing home sales and monthly survey of manufacturing orders, sales and inventories.

Brazil and Mexico: Brazilian and Mexican indices of leading economic indicators.

Copyright 2018, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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