Next Week

January 11, 2019

Central Banks: Monetary policy reviews scheduled in Indonesia, Turkey, South Africa and South Korea. The Federal Reserve Beige Book on regional economic conditions will be published, and Chairman Powell testifies in Congress. The K.C. and Minneapolis Fed Presidents also speak publicly. The European Central Bank releases results of latest survey of professional forecasters.

Holidays and Special Events: Japan’s Coming of Age holiday is on Monday, and the British Parliament votes on Prime Minister’s Brexit deal on Tuesday.

Scheduled U.S. Economic Data Releases: Note that the federal government shutdown is causing the indefinite delay of several indicators such as the trade balance. That said, these are possible releases next week: retail sales, import prices, producer prices, factory orders, housing starts, building permits, the Empire State and Philly Fed manufacturing indices, industrial production, capacity utilization, construction spending, the U. Michigan consumer sentiment index, the trade balance, Treasury-compiled capital flows, and the IBD/TIPP Optimism index. Also, weekly jobless insurance claims, mortgage applications, energy inventories, consumer comfort, and chain store sales.

Japanese and Chinese Releases: Japanese producer prices, consumer prices, industrial production, capacity usage, machinery orders, machine tool orders, bankruptcies, money growth, and the tertiary index. Chinese retail sales, industrial production, GDP, fixed asset investment, money growth and yuan lending, property prices, and direct investment.

Selected Other Asian Data: Trade balances of India, Hong Kong, Singapore, and Indonesia. Singapore GDP, Malaysian unemployment, South Korean import prices, and Indian wholesale prices.

Euroland: Industrial production, construction output, consumer prices, trade balance, current account, car sales, home prices and index of leading economic indicators.

Members of the Euro Area: German CPI, WPI, index of leading economic indicators, and full-2018 GDP and fiscal budget/GDP ratio. French, Italian, Spanish, Finnish, Irish, Austrian and Cypriot consumer prices. Dutch, Irish, Italian, and Belgian trade balances. Dutch and Finnish unemployment. Dutch retail sales, Italian industrial orders, French GDP, and Spain’s index of leading economic indicators.

U.K. and Switzerland: British retail sales, CPI, PPI, RPI, ONS house price index, BBA-compiled mortgage approvals, RICs house price balance index, and index of leading economic indicators. Swiss CPI, PPI, and import prices.

Eastern Europe: Romanian, Hungarian and Polish consumer prices. Romanian and Hungarian industrial production. Czech PPI and Polish current account.

Nordic Europe: Swedish and Icelandic consumer prices. Norway’s trade balance.

Australia and New Zealand: Australian home loans and Westpac-compiled consumer sentiment index. New Zealand business sentiment and manufacturing purchasing managers index.

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

Canada: Consumer prices and existing home sales.

Brazil and Mexico: Brazilian and Mexican indices of leading economic indicators. Brazilian retail sales.

Copyright 2019, Larry Greenberg. All rights reserved. No secondary distribution without express permission.



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