Next Week

August 10, 2018

Central Banks: Monetary policy reviews in Norway and Indonesia. Reserve Bank of Australia Governor Lowe delivers semi-annual parliamentary testimony.

Holidays: Assumption Day observed Wednesday in a few European countries. Indonesian Independence Day on Friday.

Scheduled U.S. Data Releases: Quarterly productivity and unit labor costs. Monthly retail sales, industrial production, capacity usage, NAHB housing index, Empire State and Philly Fed manufacturing indices, housing starts, building permits, U. Michigan/Reuters consumer sentiment index, NIFB small business sentiment index, Treasury-compiled capital flows, import prices and index of leading economic indicators. Weekly jobless insurance claims, consumer comfort, energy inventories, mortgage applications, and chain store sales.

Chinese and Japanese Data: Chinese money and bank lending growth, retail sales, industrial production, fixed asset investment, home prices and foreign direct investment. Japanese customs trade, department store sales, capacity usage, and revised industrial production.

Other Selected Asian Data: Malaysian and Singaporean GDP. Indian, Indonesian and Singaporean trade. Indian CPI, WPI, and industrial output. South Korean producer prices and unemployment. Malaysian current account and Hong Kong unemployment.

Euroland: GDP, industrial production, consumer prices, current account, ZEW index of investor sentiment, index of leading economic indicators, and retail purchasing managers index.

Members of the Euro Area: German GDP, retail PMI, CPI, WPI, and index of leading economic indicators. French and Italian retail PMI indices and consumer prices. Italian and Finnish current accounts. French, Dutch, Irish, and Belgian trade balances. Dutch retail sales and unemployment. Irish construction purchasing managers index.  Portuguese and Cypriot GDP. Finnish and Cypriot consumer prices.  Austrian consumer confidence.

U.K. and Switzerland: British consumer prices, retail prices, producer prices, DCLG house price index, retail sales, labor statistics and index of leading economic indicators. Swiss producer prices and import prices.

Nordic Europe: Norwegian trade balance and consumer sentiment.

Eastern Europe: Polish and Romanian current accounts. Polish and Hungarian GDP. Polish and Czech consumer prices. Hungarian industrial production and Czech PPI.

Australia and New Zealand: Australian quarterly wage costs and monthly consumer confidence, labor market statistics, Westpac consumer confidence, and NAB business conditions and confidence. New Zealand second quarter producer prices and July service-sector purchasing managers index.

South Africa and Turkey: South African retail sales, wholesale turnover, and consumer prices. Turkish industrial production, retail sales and consumer confidence.

Middle East: Non-oil purchasing manager surveys for Egypt, Saudi Arabia and United Arab Emirates.

Canada: Consumer prices, existing home sales, and monthly survey of manufacturing sales, orders, 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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