Next Week

February 16, 2018

Holidays: Lunar New Year Closures Monday in China, Hong Kong and Singapore. China remains shut on Tuesday and Wednesday. U.S. and Canada are also closed on Monday for Washington’s Birthday and Family Day, respectively.

Central Banks: Following a slew of central bank policy reviews during the past two weeks, the coming week has very few including Colombia. However, released minutes of past policy meetings by the Fed’s Open Market Committee and the Reserve Bank of Australia Board will draw attention. Dudley, Bostic and Mester of the Fed will be speaking publicly. So do Funo of the Bank of Japan and Bullock of the Reserve Bank of Australia.

Scheduled U.S. Statistical Releases: The coming lean week brings existing home sales, K.C. Fed manufacturing index, Conference Board index of leading economic indicators and the usual assortment of weekly observations covering chain store sales, unemployment insurance claims, consumer comfort, energy inventories, and mortgage applications.

Euroland: Preliminary purchasing manager indices, consumer prices, employment growth, construction output, current account and ZEW index of investor sentiment.

Members of the Euro Area: German GDP, PPI, consumer confidence, ZEW index of investor sentiment, IFO business climate index, and preliminary PMI. French preliminary PMI, business sentiment, CPI, and index of leading economic indicators. Italian, Finnish, Austrian and Cypriot consumer prices. Italian, Greek, and Portuguese current accounts. Irish, Spanish, and Portuguese producer prices. Belgian and Dutch consumer confidence. Belgian business sentiment and Finnish unemployment. Spanish and Austrian industrial production. Spanish trade.

U.K. And Switzerland: British GDP, labor market statistics, public sector borrowing, Rightmove house price, BBA estimate of mortgage approvals, and the CBI surveys of industrial trends and distributive trades. Swiss trade, industrial production, and money growth.

Eastern Europe: Polish retail sales, producer prices, industrial output, and unemployment.

Nordic Europe: Danish retail sales and consumer confidence. Icelandic ande Norwegian unemployment. Icelandic wage costs.

Japan and China: Japanese consumer prices, corporate service prices, tertiary index, all industry index, customs trade balance, preliminary manufacturing purchasing managers index, department store sales, and supermarket sales. China’s index of leading economic indicators.

Selected Other Asian Data: South Korean producer prices, Thai GDP, Hong Kong unemployment, Singaporean consumer prices, and India’s index of leading economic indicators.

Australia and New Zealand: Australian labor costs, motor vehicle sales, construction completions, and index of leading economic indicators. New Zealand food prices, producer prices and retail sales.

Canada, Mexico, and Brazil: Canadian consumer prices, retail sales and wholesale turnover. Mexican GDP and current account. Brazilian consumer confidence and index of leading economic indicators.

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



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