Next Week’s Menu

May 31, 2019

Central Banks: Monetary policy reviews scheduled in Euroland, Australia, India, Ukraine, Poland, and Chile. Fed Chairman Powell, Fed District Bank President Bostic, and Vice Chair Clarida speak publicly. So does Bank of Japan Governor Kuroda and RBA Governor Lowe. The Fed Beige Book of regional U.S. economic conditions will be published.

Holidays: End of Ramadan celebrations in Indonesia, Singapore and Malaysia. Chinese Dragon Boat Festival.

Purchasing Manager Surveys: Publication of May manufacturing, service-sector, and construction PMIs for a slew of economies.

Scheduled U.S. Economic Statistical Releases: Quarterly productivity and unit labor costs. Monthly labor force survey (employment, unemployment, average hourly earnings etc), construction spending, motor vehicle sales, factory orders, NAPM index, and ADP estimate of private sector jobs. Weekly jobless insurance claims, consumer comfort, chain store sales, energy inventories, and mortgage applications.

Japanese Data: Quarterly investment and corporate profits. Monthly auto sales, monetary base, bankruptcies, household spending, labor cash earnings, and index of leading economic indicators.

Other Selected Asian Releases: South Korean, Thai, and Filipino consumer prices. South Korean GDP and current account. Malayasian trade and Thai PPI.

Euroland: CPI, PPI, unemployment, retail sales, GDP, employment and labor costs.

Members of the Euro Area: German industrial orders, industrial production, current account and trade. French current account, trade balance, and industrial production. Italian, Irish, Greek, and Spanish unemployment. Spanish and Irish industrial production. Spanish consumer confidence and Austrian wholesale prices. Irish and Greek GDP.

U.K. and Switzerland: British Halifax house price index, same-store sales, auto registrations, and May monthly GDP. Swiss unemployment and CPI.

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

Eastern Europe: Hungarian and Romanian producer prices. Hungarian and Czech retail sales and trade figures. Czech industrial production.

Australian and New Zealand: Australian retail sales, trade balance, mortgage loans, and retail sales. New Zealand’s terms of trade.

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

Canada: Quarterly productivity, capacity usage, and unit labor costs. Monthly trade balance, IVEY-PMI, and labor statistics.

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

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



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