Next Week

May 24, 2019

Central Banks: Monetary policy reviews in South Korea, Sri Lanka, Canada and Hungary. Federal Reserve Vice Chairman Clarida, Bank of Japan Governor Kuroda, Reserve Bank of New Zealand Governor Orr, and Deputy Governor of the Bank of Canada Wilkins speak publicly.

Holidays and Events: U.S. Memorial Day and British late spring banking holiday on Monday. EU parliamentary elections wrap up.

Scheduled U.S. Economic Statistical Releases: Quarterly GDP and employee cost index. Monthly consumer confidence (both the Conference Board and the U. Michigan/Reuters indices), FHFA house price index, Case Shiller house price index, pending home sales, Dallas Fed and Richmond Fed manufacturing indices, Chicago regional purchasing managers index, and personal income and consumption expenditures. Weekly chain store sales, consumer comfort, mortgage applications, energy inventories, and jobless insurance claims.

Japanese and Chinese Data: Japanese industrial production, retail sales, corporate service prices, housing starts, construction orders, unemployment, Tokyo CPI, motor vehicle output, consumer confidence, and index of leading economic indicators. Chinese corporate earnings and government-compiled monthly surveys of manufacturing and non-manufacturing purchasing managers.

Selected Other Asian Releases: Indonesian, Malaysian, South Korean, Taiwanese, Thai and Vietnamese manufacturing purchasing manager indices. Singaporean, Filipino and Malaysian producer prices. South Korean industrial production, retail sales and consumer confidence. Thai trade balance and current account. Indian GDP.

Euroland: Economic sentiment and M3 money and bank lending growth.

Members of the Euro Area: German consumer prices, import prices, retail sales, unemployment, and consumer confidence. French GDP, PPI, CPI, consumer spending and consumer confidence. Italian GDP, CPI, PPI, business sentiment, and consumer confidence. Spain’s current account, retail sales, business sentiment, and CPI. Austrian and Belgian GDP. Austrian manufacturing PMI and PPI. Greek and Cypriot producer prices. Portuguese and Cypriot industrial production. Portuguese and Irish retail sales.

U.K. and Switzerland: British shop prices, money growth, consumer confidence, consumer credit, mortgage approvals and Nationwide house price index. Swiss GDP, trade balance, ZEW expectations index and retail sales.

Nordic Europe: Danish, Swedish, and Icelandic GDP. Swedish, Norwegian, and Danish retail sales. Norwegian unemployment and consumer confidence. Icelandic CPI and PPI. Swedish industrial production.

Australia and New Zealand: Australian money growth, domestic credit expansion, new home prices and first-quarter business investment spending. New Zealand’s annual budget, consumer confidence, building permits, business activity, and corporate confidence.

South Africa and Turkey: South African money and credit growth, trade balance, and PPI. Turkish GDP and trade balance.

Canadian Data: Quarterly current account and GDP. Monthly GDP and PPI.

Mexico and Brazil: Mexican unemployment. Brazilian first-quarter GDP and the monthly trade balance and PPI.

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



Comments are closed.