Next Week’s Menu: October 12-18

October 11, 2019

Central Banks: The Bank of Korea has a scheduled monetary policy review, and the Federal Reserve Beige Book and minutes from this month’s Reserve Bank of Australia Board meeting get published. Fed district presidents Bostic, Kaplan, Bullard and Evans are some of the U.S. central bank officials with public speaking opportunities during the week. Foreign central bankers, who will be speaking in public, include Bank of Japan Governor Kuroda, ECB top economist Lane, Reserve Bank of Australia Assistant Governor DeBelle, and Cunliffe and Vlieghe of the Bank of England.

Holidays and Events: On Monday, the U.S. observes Columbus Day, Canadians observe Thanksgiving, and Japanese markets will be shut for Sports Health Day. A meeting of EU political leaders begins on Thursday.

Scheduled U.S. Economic Statistical Data Releases: Retail sales, industrial production, capacity utilization, housing starts, building permits, the National Association of Home Builders housing market index, the federal monthly budget, Empire State manufacturing index, Philly Fed manufacturing index and index of leading economic indicators. Weekly jobless insurance claims, consumer comfort, chain store sales, energy inventories, and mortgage applications.

Japanese and Chinese Data: Japanese consumer prices, tertiary index, revised industrial production, and capacity utilization. Chinese third-quarter GDP growth, monthly retail sales, industrial production, fixed asset investment, foreign direct investment, trade balance, CPI and PPI.

Selected Other Asian Releases: Trade balances of Indonesia, South Korea and Singapore. Hong Kong and South Korean unemployment. Indian wholesale prices and South Korean import prices.

Euroland: Industrial production, consumer prices, construction output, trade balance, current account, new car sales, and and ECB’s survey of other forecasters.

Members of the Euro Area: German wholesale prices and Portuguese PPI. Italian and Austrian consumer prices. Irish and Belgian trade balances. Finnish current account, Italian industrial orders, and Ireland’s construction purchasing managers index.

U.K. and Switzerland: British unemployment, employment, average weekly earnings, retail sales, CPI, PPI, Office of National Statistics’ house price index, and CBI industrial trends survey. Swiss producer prices, import prices and trade balance.

Eastern Europe: Romanian and Hungarian industrial production. Poland’s CPI and current account. Czech producer prices.

Nordic Europe: Norway’s trade balance, Swedish unemployment, Icelandic consumer prices and Denmark’s PPI.

Australia and New Zealand: Australian unemployment, employment, and index of leading economic indicators. New Zealand third-quarter consumer prices and monthly service-sector purchasing managers index.

South Africa and Turkey: Turkish and South African retail sales. Turkish unemployment and industrial production.

Canadian, Mexican and Brazilian releases: Canadian consumer prices, existing home sales and monthly survey of manufacturing sales, orders and inventories. Mexican and Brazilian indices of leading economic indicators.

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



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