Next Week

May 17, 2019

Central Banks: Monetary policy reviews are scheduled in Iceland, Israel and South Africa. Minutes of prior meeting to be published by the Federal Reserve, European Central Bank and Reserve Bank of Australia. Fed officials speaking publicly next week include Chairman Powell and Barkin, Daly, Kaplan, Bostic, Bullard, Evans and Rosengren. Draghi and Praet of the ECB, Lowe of the Reserve Bank of Australia and Harada of the BOJ also will be speaking.

Monday Holidays: Vesak Day in Singapore and Victoria Day in Canada.

Special Events: Release of OECD Economic Outlook. EU Parliamentary elections.

Scheduled U.S. Economic Statistical Releases: New and existing home sales, Chicago Fed National Activity Index, Kansas City Regional Manufacturing Index, durable goods orders, and weekly jobless insurance claims, consumer comfort, mortgage applications, energy inventories, and chain store sales.

U.K. and Swiss Data: British consumer prices, retail prices, producer prices, ONS house price index, Rightmove house price index, retail sales, industrial trends survey, distributive trades survey, public sector borrowing, and index of leading economic indicators. Swiss trade surplus, M3 money growth, and first-quarter industrial production.

Euroland: Preliminary purchasing manager survey findings, current account, and flash estimate of consumer confidence.

Members of the Euro Area: French and German preliminary PMIs. German import prices, IFO business climate index, and quarterly GDP. Spanish, Irish, Finnish and Portuguese producer prices. French business sentiment, index of leading economic indicators, and quarterly unemployment. Italian, Greek and Portuguese current accounts. Belgian consumer confidence and business sentiment. Dutch consumer confidence and Austrian industrial production.

Eastern Europe: Czech and Polish producer prices. Czech business sentiment and consumer confidence. Polish industrial output and retail sales.

Nordic Europe: Icelandic, Swedish and Norwegian unemployment. Icelandic consumer prices and wage costs. Danish consumer sentiment and Sweden’s PPI.

Japan: quarterly GDP. Monthly customs trade, machinery orders, consumer prices, all industry index, machine tool orders, flash manufacturing purchasing managers survey, department store and supermarket sales, revised industrial production and capacity utilization.

Selected Other Asian Releases: Chinese and Indian indices of leading economic indicators. South Korean producer prices and consumer sentiment. Singaporean CPI and industrial production. Thailand GDP and Hong Kong unemployment.

Australia and New Zealand: Australian index of leading economic indicators, construction work done, and CBA service sector and manufacturing purchasing manager surveys. New Zealand quarterly retail sales and monthly trade balance and service sector PMI.

Canada and Mexico: Canadian and Mexican retail sales and wholesale turnover. Mexican GDP, current account and trade balance.

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




Comments are closed.