The Coming Week’s Menu: April 11 – 17, 2020

April 11, 2020

Central Banks: Monetary policy meetings in Indonesia, Peru and Canada. Publication of Fed’s Beige Book of regional economic conditions, Bank of Canada’s quarterly Monetary Policy Report, and Minutes from last Reserve Bank of India Board meeting. Bank of Canada Governor Poloz and Chicago Fed President Evans are scheduled to speak publicly.

Holidays and Special Events: Italy, France, New Zealand, Australia, Spain, Canada, Great Britain, Switzerland, Germany, Norway, South Africa and Hong Kong will observe Easter Monday. The IMF/World Bank meetings all week scheduled for Washington D.C. will instead be conducted through cyberspace in a “virtual” manner.

Scheduled U.S. Economic Statistical Releases: Retail sales, industrial production, capacity utilization, index of leading economic indicators, housing starts, building permits, the NAHB housing market index, the Empire State and Philly Fed manufacturing indices, import and export prices, NIFB’s small business sentiment index, and Treasury-compiled capital flows. Also the usual assortment of weekly mortgage applications, jobless insurance claims, energy inventories, consumer comfort and chain store sales.

Chinese and Japanese Data: Chinese quarterly GDP and  monthly retail sales, industrial production, trade balance, foreign direct investment, home prices and fixed asset investment. Japanese revised industrial production, capacity utilization, money growth, tertiary index and all industry index.

Selected Other Asia Releases: Indian, Indonesian, Singaporean and South Korean trade balances. Malaysian and South Korean unemployment. Indian consumer prices, wholesale prices and industrial production. Singaporean GDP and South Korean import prices.

Euroland Data: Industrial production, construction, consumer prices and car sales.

Members of the Euro Area: German, Spanish, French, Italian, Austrian, Cypriot, Finnish, and Portuguese consumer prices. German wholesale prices, producer prices and IFO business climate index. Belgian, Italian, Irish and Dutch trade balances. Greek import prices, Finnish current account, Dutch retail sales, and French index of leading economic indicators.

U.K. and Switzerland: British same store sales and new car registrations. Swiss producer and import prices.

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

Nordic Europe: Danish and Swedish producer prices. Danish consumer prices and Norway’s trade balance.

Australia and New Zealand: Australian retail sales, NAB indices of business confidence and business conditions, and the Westpac-compiled consumer confidence index. New Zealand food prices and manufacturing purchasing managers index.

South Africa and Turkey: South African retail sales and wholesale turnover. Turkish retail sales, industrial production and current account.

Brazil and Mexico: Brazil and Mexican indices of leading economic indicators. Brazil’s trade balance.

Canada: Monthly survey of manufacturing sales, orders and inventories.

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



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