Next Week

July 13, 2018

Central Banks: Monetary policy reviews in South Africa and Indonesia. Jay Powell delivers semi-annual Humphrey Hawkins testimony to Senate Banking Committee on Tuesday and House Financial Services Committee on Wednesday. Fed Beige Book and minutes from the July Board meeting of the Reserve Bank of Australia will be published.

Events and Holidays: A meeting of Euroland finance ministers is scheduled. Japan will be closed for Marine Day on Monday.

Scheduled U.S. Statistical Data Releases: Retail sales, industrial production, capacity utilization, Empire State manufacturing index, Philly Fed manufacturing index, housing starts, building permits, National Association of Home Builders housing index, Treasury-compiled capital flows (TIC data), index of leading economic indicators, plus weekly jobless insurance claims, consumer comfort, mortgage applications, chain store sales and energy inventories.

Japanese and Chinese Data: Customs-basis trade, department store and supermarket sales, all industry index, and consumer prices. Chinese GDP, retail sales, industrial production, and fixed asset investment.

Selected Other Asian Data: Hong Kong and Malaysian unemployment. Indonesian and Singaporean trade balances. South Korean producer prices, Malaysian consumer prices, and Indian wholesale prices.

Euroland: Current account, trade balance, PPI, construction output, car sales, and second-quarter GDP.

Members of the Euro Area: German and Irish PPI. Italian, Spanish, Irish and Belgian trade balances. Italian, Portuguese, and Irish current accounts. Italian, Austrian and Cypriot consumer prices. Belgian and Dutch consumer confidence. Italian industrial orders, Dutch unemployment, and French index of leading economic indicators.

U.K. and Switzerland: British labor market statistics, retail sales, public finances, and industrial trends survey. Swiss trade surplus.

Eastern Europe: Polish and Czech producer prices. Polish CPI, industrial production, retail sales, and current account.

Nordic Europe: Danish PPI and Icelandic CPI.

Australia and New Zealand: Australian employment and unemployment, index of leading economic indicators, and second-quarter business sentiment. New Zealand consumer prices and service sector purchasing managers index.

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

Canada, Mexico and Brazil: Canadian CPI, retail sales, and monthly survey of manufacturing sales, orders and inventories. Mexican and Brazilian indices of leading economic indicators.

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



Comments are closed.