Next Week

August 24, 2018

Central Banks: Monetary policy reviews in Iceland, Israel and South Korea. The annual central banking symposium in Jackson Hole, WY winds up on August 25th. Bank of Governor Poloz and Bank of Japan Board member Susuki speak publicly.

British Holiday: Late summer bank holiday on August 27.

Scheduled U.S. Economic Data Releases: GDP, personal income and consumer expenditures, Case-Shiller house price index, Chicago Fed National Activity Index, Chicago regional purchasing managers index, Conference Board index of consumer confidence, U. Michigan/Reuters consumer sentiment index, advanced trade deficit estimate, pending home sales, Richmond and Dallas Fed manufacturing indices, and weekly jobless insurance claims, energy inventories, chain store sales, consumer comfort, and mortgage applications.

Japanese and Chinese Data: Japanese unemployment, industrial production, retail sales, motor vehicle output, housing starts, construction orders, consumer confidence and Tokyo CPI. Chinese government’s manufacturing, non-manufacturing, and composite purchasing manager surveys.

Other Selected Asian Releases: South Korean business confidence, consumer confidence, industrial production and retail sales. Thai and Hong Kong trade balances. Thai current account, Filipino consumer prices, and Hong Kong retail sales. Malaysian and Singaporean producer prices.

Euroland: Consumer prices, M3 money and bank lending growth, consumer prices, unemployment, economic sentiment, and consumer confidence.

Members of the Euro Area: German retail sales, import prices, consumer confidence, unemployment, CPI, and IFO index of business climate. French, Italian, Finnish, Austrian, Belgian and Portuguese GDP. French, Italian and Finnish consumer confidence. French, Italian, and Spanish consumer prices. French, Italian, Austrian, Greek and Cypriot producer prices. Spanish current account and retail sales. Portuguese and Cypriot industrial production. Irish, Spanish, and Portuguese retail sales. Italian unemployment, Austria’s manufacturing PMI, and French consumer spending.

U.K. and Switzerland: British consumer confidence, M4 money growth, shop prices, Nationwide house price index, and Inflation Report hearings. Swiss ZEW expectations index and KOF index of leading economic indicators.

Eastern Europe: Polish and Czech GDP. Hungary’s trade balance and PPI.

Nordic Europe: Danish and Norwegian unemployment. Swedish and Norwegian retail sales. Swedish trade and consumer confidence. Iceland’s CPI and PPI. Danish GDP.

Australia and New Zealand: Australian and New Zealand building permits. Australian money growth, private credit expansion, and second-quarter business investment. New Zealand business sentiment and consumer confidence.

Turkey and South Africa: Turkish and South African trade balances. South African producer prices, money growth, and private credit expansion.

Canada: Second-quarter current account and GDP. Monthly PPI, raw materials price index, GDP, and industrial production.

Mexico and Brazil: Mexican trade balance and unemployment. Brazilian current account, GDP, unemployment, PPI, and consumer confidence.

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



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