Next Week

November 9, 2018

Central Banks: Monetary policy reviews in Indonesia, Thailand, Sri Lanka, Mexico and The Philippines. Quarles, Powell, Kashkari and Evans of the Federal Reserve speak publicly.

Holidays and Special Events: U.S. Veterans Day on Monday. Brazil observes Proclamation of the Republic Day on Thursday. President Trump visits Europe to attend the WWI centenary celebration of the WWI Armistice. An EcoFin meeting in Brussels is planned Wednesday.

Scheduled U.S. Economic Statistical Releases: Consumer prices, real wage earnings, retail sales, import prices, industrial production, capacity utilization, small business sentiment, the monthly federal budget, the NAHB housing index, Treasury-compiled capital flows, and the Empire State, Philly Fed, and Kansas City Fed manufacturing indices. Also, weekly jobless insurance claims, chain store sales, consumer comfort, mortgage applications and energy inventories.

Upcoming Japanese and Chinese Data: Japanese 3Q GDP and monthly tertiary index, machine tool orders, producer prices, revised industrial production and capacity usage. Chinese retail sales, industrial production, fixed asset investment, unemployment, house prices and foreign direct investment.

Selected Other Asian Data: Indonesian, Indian and Singaporean trade balances. Indian wholesale prices and industrial production. Singaporean retail sales. Malaysian GDP and current account.

Euroland: GDP, consumer prices, employment, car sales, current account, trade balance, unemployment, ZEW index of investor sentiment, and index of leading economic indicators.

Members of the Euro Area: German WPI, PPI, GDP, ZEW investor sentiment, and index of leading economic indicators. French CPI, GDP and business sentiment. Italian industrial orders and industrial production. Italian, Belgian, Dutch and Irish trade balances. Spanish, Cypriot, Austrian, Portuguese and Finnish consumer prices. Finnish current account, Irish construction purchasing managers index, and Greek import prices. Cypriot, Dutch and Portuguese GDP. Dutch unemployment.

U.K. and Switzerland: British CPI, RPI, PPI, retail sales, ONS house price index, unemployment, employment, wages, and index of leading economic indicators. Swiss producer prices and import prices.

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

Nordic Europe: Danish and Swedish consumer prices. Norwegian GDP and trade balance. Swedish unemployment and Denmark’s PPI.

Australia and New Zealand: Australian business confidence and business conditions. Aussie employment, unemployment, quarterly labor costs, consumer confidence and index of leading economic indicators. New Zealand food prices and manufacturing purchasing managers index.

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

Canada, Mexico and Brazil: Canadian existing home sales and survey of manufacturing sales, orders and inventories. Mexican index of leading economic indicators and Brazilian retail sales.

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

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