Next Week’s Menu: November 23-29th

November 22, 2019

Central Banks: Monetary policy reviews scheduled in South Korea, Israel and Sri Lanka. Fed Beige Book of regional economic conditions to be published. ECB chief economist Lane and Reserve Bank of Australia Deputy Governor Debelle speak publicly.

Holidays: Japanese Labor Thanksgiving on Monday. U.S. Thanksgiving on Thursday and an early close of the U.S. Treasury market on Friday.

Scheduled U.S. Economic Statistical Releases: Quarterly GDP. Monthly personal income and consumer expenditures, new home sales, pending home sales, FHFA house price index, Case Shiller house price index, consumer confidence, advanced trade deficit estimate, durable goods orders, Chicago Fed National Activity index, Chicago regional purchasing managers index, and the Dallas and Richmond Fed manufacturing surveys. Weekly jobless insurance claims, mortgage applications, energy inventories, consumer comfort and chain store sales.

Japanese and Chinese Data: Japanese retail sales, unemployment, industrial production, housing starts, construction orders, corporate service prices, motor vehicle output, consumer confidence, Tokyo consumer prices and index of leading economic indicators. Chinese corporate profits and index of leading economic indicators.

Selected Other Asian Releases: Singaporean, Filipino, and Malaysian producer prices. Thailand and Hong Kong trade balances. South Korean and Singaporean industrial production. Indian GDP, Thai current account, South Korean retail sales, and Singapore consumer prices.

Euroland Releases: Economic sentiment, consumer confidence, ZEW index of investor sentiment, unemployment, consumer prices, and money and credit growth.

Members of the Euro Area: German IFO business climate, ZEW index of investor sentiment, retail sales, import prices, unemployment and CPI. French, Spanish, Italian, Finnish, Cypriot, and Greek producer prices. Italian and Spanish consumer prices. Italian, Finish and Belgian GDP. Italian business sentiment, consumer confidence and unemployment. Portuguese retail sales and consumer sentiment. French consumer spending and consumer confidence. Austrian, Portuguese and Cypriot industrial production. Finnish unemployment, consumer confidence, and trade balance.  Irish and Greek retail sales. Austria’s manufacturing purchasing managers survey.

U.K. and Switzerland Data: British shop prices, money and credit growth, consumer confidence, Nationwide house price index, and the CBI’s monthly distributive trades survey. Swiss quarterly GDP and monthly ZEW expectations index and KOF index of leading economic indicators.

Nordic Europe: Danish, Norwegian and Swedish retail sales. Danish and Swedish GDP. Danish, Norwegian and Icelandic unemployment. Swedish PPI, trade balance, and consumer confidence. Icelandic consumer prices.

Eastern Europe: Polish, Czech and Hungarian GDP. Polish retail sales and unemployment. Czech business sentiment and consumer confidence.

Australian and New Zealand Releases: Australian quarterly business investment and monthly money and credit growth, construction completions, and new home sales. New Zealand retail sales, building permits, consumer confidence and business sentiment.

South Africa and Turkey: South African and Turkish trade balances. South African PPI, index of leading indicators, and money and credit growth.

Canadian Statistics: Quarterly GDP and current account. Monthly GDP, industrial production, PPI, and wholesale turnover.

Brazil and Mexico: Brazilian and Mexican current accounts and unemployment rates. Mexican retail sales, trade balance and quarterly GDP growth.

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



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