Next Week

April 13, 2018

Special Events: Semi-annual IMF/World Bank Meetings will be running throughout the week in Washington, DC. Highlights of the gathering will include publication of the World Economic Forum, a press conference on Thursday by IMF Managing Director Lagarde, and a Group of Twenty press conference on Friday. A meeting of EU finance ministers will occur on Thursday.

Central Banks: Monetary policy meetings are scheduled in Canada, Indonesia and Israel. The Fed’s Beige Book of regional economic conditions, minutes from the Reserve Bank of Australia’s last policy review, and the quarterly Monetary Policy Report of the Bank of Canada will be published during the week. Williams, Dudley, Quarles, Evans, Mester and Bostic of the Federal Reserve have public speaking engagements.

Scheduled U.S. Data Releases: Retail sales, industrial production, capacity usage, the Philly Fed and Empire State manufacturing surveys, housing starts, building permits, the NAHB housing market index, the index of leading economic indicators, Treasury-compiled capital flows and weekly jobless insurance claims, mortgage applications, energy inventories, chain store sales and consumer comfort.

Japanese and Chinese Data: Japanese consumer prices, customs trade balance, industrial production, tertiary index, and Department and supermarket sales. Chinese GDP, retail sales, industrial production, fixed asset investment and property prices.

Selected Other Asian Releases: Hong Kong and Malaysian unemployment. South Korean producer prices, Malaysian consumer prices, and Indian wholesale prices. Indian, Singaporean and Indonesian trade figures. India’s index of leading economic indicators.

Euroland: Consumer prices, consumer confidence, the current account, construction output, car sales, and the ZEW Institute of investor sentiment.

Members of the Euro Area: German PPI, WPI and ZEW index of investor sentiment. Italian, Cypriot and Austrian consumer prices. Belgian, Irish and Spanish trade balances. Dutch and Belgian consumer sentiment. Greek and Italian current accounts. Portuguese producer prices, Ireland’s construction purchasing managers index, and the French index of leading economic indicators.

U.K. and Switzerland: British retail sales, consumer prices, retail prices, producer prices, DCLG house price index, industrial trends survey, unemployment, wage growth, employment, Rightmove house price index, and index of leading economic indicators. Swiss producer and import prices.

Nordic Europe: Norway’s trade balance and Icelandic consumer prices. Danish producer prices and consumer confidence.

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

Australia and New Zealand: Australian labor statistics, auto sales, business sentiment, and Westpac index of leading economic indicators. New Zealand food prices, quarterly consumer prices, and services purchasing managers index.

South Africa and Turkey: South African and Turkish retail sales. South African wholesale turnover and consumer prices. Turkish industrial output, unemployment, and consumer sentiment.

Canada and Brazil: Canadian retail sales, consumer prices, and monthly survey of manufacturing sales, orders and inventories. Brazil’s index of leading economic indicators.

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



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