Next Week’s Menu

July 5, 2019

Central Banks: Monetary policy reviews in Canada, Malaysia, Israel, Peru, Sri Lanka and Serbia. Fed officials who will be speaking publicly next week include Chairman Powell, Vice Chair Quarles, Williams, Kashkari, Barkin, and Bostic. DeBelle of the Reserve Bank of Australia, Coeure of the European Central Bank and Bank of Canada Governor Poloz speak publicly as well. FOMC meeting minutes and the quarterly Bank of Canada Monetary Policy Report are to be published.

Scheduled U.S. Economic Statistical Releases: ConsumerĀ  prices, producer prices, consumer credit, employment trends index, small business sentiment, JOLTS index of job hires and separations, average hourly earnings, and monthly federal budget. Also weekly jobless insurance claims, consumer comfort, energy inventories, chain store sales, and mortgage applications.

Japanese and Chinese Data: Japanese machinery orders, machine tool orders, tertiary index, revised industrial production, capacity utilization, economy watchers index, bankruptcies, current account, corporate goods prices, bank lending, money growth, and labor cash earnings. Chinese CPI, PPI, trade balance, foreign direct investment, reserves, money growth and bank lending.

Selected Other Asian Releases: Indian and Filipino trade balances. Singapore GDP and retail sales. South Korean unemployment and index of leading economic indicators. Indian CPI and industrial production. Indonesian consumer confidence.

Euroland: Industrial production and Sentix measure of investor sentiment.

MembersĀ  of the Euro Area: German, French, Italian and Finnish industrial production. German, French, Spanish, Greek, Irish and Portuguese consumer prices. German current account, trade surplus, and index of leading economic indicators. Greek unemployment and import prices. French business sentiment, Italian retail sales, and Portuguese trade balance.

U.K. and Switzerland: British GDP, trade, industrial production, construction output, RICs house price index, and index of leading economic indicators. Swiss unemployment.

Nordic Europe: Danish, Norwegian, and Swedish consumer prices. Danish current account and Norwegian trade balance. Norwegian PPI.

Eastern Europe: Czech, Romanian, and Hungarian CPI, industrial production and trade balances. Czech retail sales.

Australia and New Zealand: Australian business conditions and confidence, consumer sentiment, mortgage lending, and labor cash earnings. New Zealand retail sales and manufacturing purchasing managers index.

South Africa and Turkey: South African and Turkish industrial production. Turkey’s current account.

Canada, Mexico and Brazil: Canadian housing starts, building permits, and home prices. Mexican trade balance, industrial production, CPI and PPI. Brazilian retail sales and CPI.

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




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