Next Week

June 29, 2019

Central Banks: Monetary policy reviews in Sweden, Romania, Poland and Australia. Governor Lowe of the Reserve Bank of Australia and Funo of the Bank of Japan speak publicly. EU leaders to try to pick next ECB president.

Holidays and Special Events: Canada Day on Monday and U.S. Independence Day on Thursday. G-20 summit in Osaka winds down this weekend. EU Council meets to select ECB president and key EU posts.

Purchasing Manager Surveys for June: Manufacturing reports for China, Australia, Japan, Mexico, Brazil, Switzerland, Italy, France, Germany, Euroland, U.K., U.S., the Philippines, South Korea, Taiwan, Thailand, Vietnam, Indonesia, India, the Netherlands, Russia, Poland, Turkey, Czech Republic, Spain, Greece, Malaysia, Norway, Denmark, Canada, Lebanon, Singapore, Ireland, and South Africa. Construction PMIs for the U.K., Australia, euro area, Germany, France, and Italy. Service sector PMIs for Australia, the U.S., Japan, China, Italy, France, Germany, euro area, India, Russia, Spain, and Brazil. Non-oil PMIs for Saudi Arabia, Egypt and the U.A.E..

Selected U.S. Economic Statistical Releases: Monthly Labor Department report on jobs, unemployment and labor costs. Also monthly construction spending, motor vehicle sales, trade deficit, factory orders, New York regional PMI (NAPM), IBD/TIPP optimism index and ADP estimate of private jobs. Weekly jobless insurance claims, consumer comfort, mortgage applications, energy inventories, and chain store sales.

Japanese Data: Quarterly BOJ Tankan survey of corporate conditions and expectations. Monthly monetary base, household spending, reserves, consumer confidence, motor vehicle sales and index of leading economic  indicators.

Selected Other Asian Statistics: South Korean, Filipino, Indonesian, and Thai consumer prices. Malaysian and South Korean trade balances. South Korean current account, Thai PPI, and Hong Kong retail sales.

Euroland: Producer prices, M3 money, bank lending, retail sales and unemployment.

Members of the Euro Area: German, Italian, and Spanish unemployment. German retail sales and and industrial orders. Dutch and Cypriot consumer prices. French current account and trade balance. Spanish, Irish and Portuguese industrial production. Spanish consumer sentiment and Austrian wholesale prices.

U.K. and Switzerland: British Nationwide and Halifax house price indices. Also British shop prices, money growth, mortgage approvals, and car registrations. Swiss retail sales and consumer prices.

Eastern Europe: Hungarian and Romanian retail sales. Hungary’s industrial production and producer prices. Romanian PPI.

Nordic Europe: Danish and Norwegian industrial output.

Australia and New Zealand: Australian and New Zealand building permits. Australian new home sales, trade balance, and aretail sales. New Zealand business confidence.

South Africa and Turkey: South African business confidence. Turkish consumer and producer prices.

Canada: Employment, unemployment and wage costs. Trade balance and IVEY-PMI.

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

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



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