Next Week

March 1, 2019

Central Banks: Monetary policy reviews at the European Central Bank and in Australia, India, Poland, Malaysia, Turkey, Canada, Serbia, and Canada. Fed Beige Book of regional conditions will be published, and Brainard and Williams are two of the Fed officials speaking publicly. So will ECB President Draghi, Bank of England Governor Carney, Reserve Bank of Australia Governor Lowe, and BOJ Board member Harada.

Holidays and Special Events: Carnival in Brazil on Monday and Tuesday. India observes Maha Shivaratri on Monday. OECD publishes its Interim Economic Outlook.

Purchasing Manager Surveys: Manufacturing or privatePMI indices for South Korea, Taiwan, Singapore, South Africa, Hong Kong and Lebanon. Non-oil PMIs for Egypt, Saudi Arabia and the United Arab Emirates. Construction PMIs in the U.K., Germany, France, Italy, euro area, and Australia. Service sector PMI surveys for China, Japan, India, Australia, Russia, Ireland, Italy, France, Germany, Brazil, and U.K.. U.S. non-manufacturing PMI gets released, too.

Scheduled U.S. Statistical Releases: Unemployment, jobs growth, average hourly earnings, housing starts, building permits, construction spending, NAPM New York regional PMI, new home sales, small business sentiment, IBD/TIPP optimism index, monthly federal budget, trade balance, ADP estimate of private employment, factory orders, and consumer credit. Also quarterly productivity and unit labor costs and weekly jobless insurance claims, consumer comfort, mortgage applications, chain store sales, and energy inventories.

Japanese Data: GDP, current account, economy watchers index, average cash earnings, reserves, monetary base, bank lending, real household spending, and the index of leading economic indicators.

Selected Other Asia Indicators: Filipino, Thai, and South Korean consumer prices. South Korean GDP and index of leading economic indicators. Hong Kong and Indonesian retail sales. China’s trade balance. Thai producer prices and Chinese reserves.

Euroland: Real GDP, employment, retail sales and producer prices.

Members of the Euro Area: Italian and German orders. French, Spanish, Irish, Greek and Finnish industrial production. Dutch and Cypriot consumer prices. French current account and Austrian wholesale prices. French and Greek trade balances. Dutch and Cypriot CPI. Italian and Greek GDP. Greek and Irish unemployment.

U.K. and Switzerland: British industrial production, same-store sales, new car sales, RICs house price index, Halifax house price index and monthly GDP. Swiss consumer prices and unemployment.

Nordic Europe: Danish and Norwegian industrial production. Swedish and Norwegian current accounts.

Eastern Europe: Romanian PPI, retail sales and GDP. Hungarian trade, industrial output, and CPI. Czech unemployment.

Australia and New Zealand: Australian GDP, current account, new home sales, building permits and corporate profits. New Zealand factory activity.

South Africa and Turkey: South African GDP, current account and business sentiment. Turkey’s CPI and PPI.

Canada and Mexico: Canadian trade balance, productivity, unit labor costs, unemployment, employment, housing starts, building permits, and IVEY-PMI index. Mexican CPI, PPI, and consumer sentiment.

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


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