Next Week

September 28, 2018

Central Banks: Monetary policy reviews in Australia, India, Iceland, Poland, Sri Lanka, Romania and Mexico. Bank of Japan’s quarterly Tankan survey of corporate conditions and expectations will be published Monday. Powell, Mester, Rosengren, Barkin, Evans and Quarles are among the Fed officials speaking in public next week.

Holidays and Events: China is shut all week and Hong Kong on Monday for the national holiday commemorating the communist revolution of 1949. Australia observes the Queen’s Birthday and Labour Day on Monday. In India, Mahatma Gandi Jayanthi falls on Tuesday. Germany’s Unity Day and South Korea’s National Foundation Day fall on Wednesday. A Eurogroup meeting is scheduled Monday.

Purchasing Managers Surveys: A slew of national manufacturing PMIs covering September, many service-sector PMIs, some middle Eastern non-oil PMIs, and construction PMIs for Australia, German and the U.K. will be reported during the week.

Scheduled U.S. Statistical Releases: The Labor Dept report on jobs, unemployment, and wage earnings headlines next week. Also getting released will be motor vehicle sales, the trade balance, factor orders, construction spending, the ADP report on private sector jobs, consumer credit and weekly jobless insurance claims, mortgage applications, energy inventories, consumer comfort and chain store sales.

Japanese Data: Labor cash earnings, consumer confidence, motor vehicle sales, real household spending, bankruptcies, the monetary base, and the index of leading economic indicators.

Selected Other Asian Indicators: Indian, Filipino, Thai and South Korean consumer prices. Filipino and Thai producer prices. Malaysian and South Korean trade figures. South Korean and Hong Kong retail sales. South Korean current account, Indian industrial production, and Indonesian consumer sentiment.

Euroland: Unemployment, producer prices, retail sales, and house prices.

Members of the Euro Area: German industrial orders, retail sales, producer prices and import prices. French current account and trade balance. Italian, Spanish, and Austrian unemployment. Dutch and Cypriot consumer prices. Spanish and Italian retail sales. Spanish industrial production and Austrian wholesale prices.

U.K. and Switzerland: British Nationwide and Halifax house price indices, M4 money growth, shop prices and unit labor costs. Swiss retail sales and consumer prices.

Eastern and Nordic Europe: Hungarian trade and retail sales. Hungarian and Danish industrial production. Czech GDP and Romanian producer prices.

Australia, New Zealand and Turkey: Australian new home sales and building permits. New Zealand business sentiment. Turkish CPI and PPI.

Canada and Brazil: Canadian labor statistics and IVEY-PMI. Brazilian and Canadian trade balances. Brazilian consumer prices and industrial production.

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




Comments are closed.