Next Week

May 10, 2019

Central Banks: Monetary policy reviews planned in Mexico, Indonesia, Poland and Romania. Lane of the Bank of Canada and Bullock of the Reserve Bank of Australia will be speaking publicly.

Events and Holidays: There’s a monthly Eurogroup meeting Thursday. Hong Kong will observe Buddha’s Birthday on Monday, and Friday is Norway’s Constitution Day.

Scheduled U.S. Economic Statistical Releases: Retail sales, industrial production, small business sentiment, import prices, the National Association of Home Builders’s housing market index, housing starts, building permits, Treasury-compiled capital flows (TIC), the U. Michigan/Reuters consumer confidence index, the index of leading economic indicators and both the Philly Fed and Empire State manufacturing surveys. Also weekly jobless insurance claims, mortgage applications, consumer comfort, mortgage applications and energy inventories.

Japanese and Chinese Data: Japanese reserves, current account, economy watchers index, bank lending, money growth, tertiary index, producer prices, housing starts, construction orders,  machine tool orders, index of leading economic indicators, and department store sales. Chinese retail sales, industrial production, fixed asset investment, unemployment, property prices, and foreign direct investment.

Selected Other Asia Data: Indian consumer and wholesale prices. Hong Kong GDP, Malaysia’s current account, South Korean unemployment, and the Indonesian trade balance.

Euroland: Quarterly growth in GDP and jobs. Monthly consumer prices, construction output, car sales, industrial production, ZEW index of investor sentiment, and trade balance.

Members of the Euro Area: German, Dutch, Portuguese, Cypriot, and Finnish GDP. German WPI, ZEW index, and index of leading economic indicators. Italian, Spanish, French, and Portuguese consumer prices. Belgian, Irish, and Dutch trade balances. Bank of France-compiled index of French business sentiment, Dutch retail sales, and Ireland’s construction purchasing managers index.

U.K. and Switzerland: British labor statistics and Swiss PPI/import price index.

Nordic Europe: Norway’s trade balance and Danish producer prices.

Eastern Europe: Romanian, Czech and Polish consumer prices. Hungarian, Czech and Polish GDP growth. Romanian industrial production.

Australia and New Zealand: Australian labor market statistics, mortgage loans, and NAB’s indices of business confidence and business conditions. New Zealand first-quarter PPI and manufacturing purchasing managers index.

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

Canada, Brazil, and Mexico: Canadian CPI, existing home sales, and survey of manufacturing sales, orders and inventories. Brazil and Mexico indices of leading economic indicators.

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



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