Next Week

June 15, 2018

Central Banks: Monetary policy reviews in the U.K., Switzerland, Thailand, Taiwan, The Philippines, Brazil, Mexico, Norway and Hungary. Release of Bank of Japan minutes. Fed officials speaking publicly include Powell, Bullard, Dudley, Bostic, and Williams. Other central bankers speaking in public include Draghi, Praet, Lautenschlaeger and Coeure of the ECB, Governor Kuroda of the BOJ and Governor Lowe of the Reserve Bank of Australia.

Holidays and Special Events: Dragon Boat Festival in China and Hong Kong. OPEC meeting Thursday and Friday. Ecofin Meeting on Friday.

Scheduled U.S. Economic Statistical Releases: Quarterly current account. Monthly National Home Builders’ housing index, housing starts, building permits, Philly Fed manufacturing index, FHFA house price index, and Conference Board index of leading economic indicators. Weekly jobless insurance claims, consumer comfort, mortgage applications, chain store sales, and energy inventories.

Euroland Statistics: Preliminary purchasing manager survey results for June, consumer sentiment, current account and construction output.

Members of the Euro Area: German and French PMIs. German, Portuguese, and Irish producer prices. Greek, Dutch, Italian, and Portuguese current accounts. Italian and Spanish trade balances. French and Dutch GDP. Belgian and Dutch consumer confidence. French business sentiment and index of leading economic indicators. Cypriot unemployment.

U.K. and Switzerland: British Rightmove house price index, monthly government budget results, and industrial trends survey. Swiss trade balance, money growth and updated government macroeconomic forecasts.

Eastern Europe: Czech and Polish producer prices. Polish retail sales, industrial production and wage inflation. Hungary’s current account.

Nordic Europe: Danish and Swedish consumer sentiment. Swedish unemployment and Icelandic consumer prices.

Japan: Consumer prices, all industry index, machine tool orders, customs trade balance, manufacturing PMI, supermarket sales, and department store sales.

Selected Other Asian Data: Hong Kong and Malaysian consumer prices. Indonesian and Singaporean trade balances. Hong Kong current account, South Korean PPI, and Indian index of leading economic indicators.

Australia and New Zealand: Australia’s index of leading economic indicators and house prices. New Zealand services purchasing managers index, GDP, current account, and consumer confidence.

Turkey and South Africa: Turkish retail sales and unemployment. South African current account and consumer prices.

Canada: Retail sales and consumer prices.

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



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