Next Week

May 3, 2019

Central Banks: Monetary policy meetings scheduled in Australia, New Zealand, Malaysia, the Philippines, Thailand, Brazil, Peru, Chile, Norway and Serbia. Australia’s central bank will publish the quarterly Monetary Policy Statement, and Bank of Japan Board minutes get released. Bostic, Evans and Harker are some of the Federal Reserve officials speaking publicly next week, and so will Bank of Canada Governor Poloz.

Holidays and Elections: Japan and South Korea are closed for Children’s Day on Monday. U.K. markets are also closed that day for the early spring banking holiday. VE Day falls on Wednesday. South African elections are on Thursday.

April Purchasing Manager Surveys: Manufacturing findings for South Africa, Hong Kong, Japan, and China. Services for Euroland, Germany, France, Italy, Spain, China, India, Japan, Russia, and Brazil. Non-oil PMIs for Egypt, Lebanon, Saudi Arabia, and the U.A.E.. Construction surveys for Australia, the U.K., Euroland, Germany, France and Italy.

Selected U.S. Economic Statistical Releases: Consumer prices, producer prices, real wage earnings, employment cost index, trade balance, JOLTS index, IBD/TIPP Optimism index and weekly jobless insurance claims, consumer comfort, chain store sales, energy inventories, and mortgage applications.

Japanese and Chinese Data: Japanese reserves, current account, consumer confidence, machine tool orders, monetary base and bankruptcies. Chinese consumer prices, producer prices, reserves, trade balance, money growth, and bank lending.

Selected other Asian Indicators: Indian and Malaysian industrial production. South Korean and Indonesian current accounts. Filipino consumer prices, Indonesian GDP and Singaporean retail sales.

Euroland: Retail sales and the Sentix measure of investor confidence.

Members of the Euro Area: German, Italian, French and Irish industrial production. German and French current accounts. German, French, Austrian, Greek, Cypriot, and Portuguese trade balances. German factory orders and Italian retail sales. Dutch and Irish consumer prices.

U.K. and Switzerland: British first-quarter GDP and monthly same store sales, trade balance, RICs house price balance index, car sales and Halifax house price index. Swiss unemployment.

Nordic Europe: Danish and Norwegian industrial production. Norwegian CPI and PPI. Denmark’s current account.

Eastern Europe: Romanian, Hungarian and Czech retail sales. Hungarian and Czech trade balances and industrial production. Hungarian consumer prices.

Australia, South Africa and New Zealand: Australian retail sales, trade balance, mortgage loans, motor vehicle sales, and business confidence and conditions. South African business sentiment and industrial output. New Zealand’s manufacturing purchasing managers index.

Mexico and Brazil: Mexican and Brazilian consumer prices: Mexican consumer confidence and industrial production. Brazilian retail sales.

Canada: Monthly labor statistics, housing starts, building permits, trade balance, new home prices, and IVEY-PMI index.

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

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