Next Week’s Menu: March 7-14, 2020

March 6, 2020

Central Banks: Monetary policies to be reviewed by the European Central Bank and in Peru, Ukraine, and Serbia. Lagarde holds a press conference after the ECB meeting, and DeBelle of the Reserve Bank of Australia speaks publicly.

Special Events: United States and Canada move to daylight savings time on March 8th. Democratic Party primaries on Tuesday in Michigan, Washington, Idaho, Mississippi, Missouri, and North Dakota will allocate 352 delegates. The British budget will be presented on Wednesday.

Selected U.S. Economic Statistical Releases: Consumer and producer prices, real wage earnings, small business sentiment, import prices, University of Michigan/Reuters consumer sentiment and employment trends index. Also weekly jobless insurance claims, chain store sales, consumer comfort, mortgage applications and energy inventories.

Japanese and Chinese Releases: Japanese quarterly GDP and business sentiment, monthly current account, economy watchers index, money and bank lending growth, machine tool orders, producer prices, corporate bankruptcies, and tertiary index. Chinese CPI, PPI, money and bank lending, and foreign direct investment.

Selected Other Asian Data: South Korean unemployment, import prices and index of leading economic indicators. Indian CPI, WPI, and money growth. Malaysian and Indian industrial production. Singapore retail sales, Indonesian consumer confidence, and Filopino trade.

Euroland: Quarterly GDP, employment and labor cost growth. Monthly industrial production and Sentix.

Members of the Euro Area: German and Spanish consumer prices and indices of leading economic indicators. German, French, Italian, Greek, and Finnish industrial production. German and Finnish current accounts. German, Greek, Portuguese, Cypriot, Austrian, and Dutch trade balances. Spanish and Dutch retail sales. French, Irish, Greek, Finnish and Portuguese consumer prices. German WPI, Irish construction purchasing managers index, and French business sentiment. Italian PPI, unemployment, and factory orders.

U.K. and Switzerland: British monthly GDP, same-store sales, industrial production, construction output, RICs house price balance, trade deficit, and index of leading economic indicators. Swiss macroeconomic forecasts of the government.

Eastern European Releases: Czech, Romanian, Hungarian and Polish consumer prices. Czech and Romanian industrial production. Romanian GDP. Czech unemployment, retail sales, current account, and trade balance.

Nordic Europe: Norwegian and Danish consumer prices. Swedish current account and unemployment. Norwegian producer prices and Danish trade balance.

Australia and New Zealand: Australian consumer confidence, home loans, and NAB business conditions and business confidence indices. New Zealand food prices, manufacturing purchasing managers index and manufacturing activity index.

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

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

Canadian Releases: Quarterly capacity utilization and monthly housing starts, building permits and existing home sales.

Copyright 2020, Larry Greenberg. All rights reserved. No secondary distribution without express permission.



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