Next Week’s Menu: April 18 – 24, 2020

April 17, 2020

Central Banks: monetary policy reviews are scheduled in Turkey, China, Russia, and Ukraine, but unscheduled meetings have become common during the Covid-19 pandemic. Minutes from the last Reserve Bank of Australia will be published, and RBA Governor Lowe speaks publicly.

Holiday’s and Special Events: Australia and New Zealand observe ANZAC Day at the end of the period. A virtual form of the IMF/World Bank meetings, which started today, will continue through April 19.

Provisional Purchasing Managers Survey Results for April: Reports cover Japan, Australia, Euroland, Germany, France, the U.K. and the United States (IHS rather than ISM).

Other Scheduled U.S. Statistical Economic Data Releases: Existing home sales, new home sales, the K.C. Fed manufacturing index, the FHFA home price index, durable goods orders, the Chicago Fed National Activity index, and the Reuters/U. Michigan consumer sentiment index. Weekly jobless insurance claims, chain store sales, mortgage applications, consumer comfort, and energy inventories.

Japanese Data: Consumer prices, customs trade balance, department store sales, supermarket sales, the all industry index, corporate service prices, machine tool orders, and the index of leading economic indicators.

Other Asian Statistics: China and India’s indices of leading economic indicators. Hong Kong and Singaporean consumer prices. South Korean GDP and PPI. Hong Kong unemployment.

Euroland Data: Current account, trade balance, preliminary consumer confidence, and ZEW index of investor expectations.

Members of the Euro Area: German PPI, ZEW expectations index, consumer confidence, and import prices. German, Spanish, Portuguese, Irish and Finnish producer prices. Italian, Belgian and Dutch consumer confidence. Greek and Italian current accounts. French, Italian, and Belgian business sentiment. Italian industrial orders, Finnish trade balance, Spanish unemployment, and Austrian industrial production.

U.K. and Switzerland: British labor market statistics, CPI, RPI, PPI, ONS-compiled house price index, retail sales, consumer confidence, public sector borrowing, Rightmove house price index, and CBI survey of industrial trends. Swiss trade balance and M3 money growth.

Eastern Europe: Polish and Czech producer prices. Polish industrial production, retail sales and unemployment.

Nordic Europe: Icelandic consumer price and wage cost inflation. Icelandic and Swedish unemployment. Danish consumer confidence and Swedish producer prices.

New Zealand and Australia: New Zealand quarterly CPI and monthly service sector purchasing managers index. Australian indices of leading economic indicators compiled by both Westpac and the Conference Board.

South Africa and Turkey: South African leaders and consumer prices. Turkish consumer sentiment.

Canada and Mexico: Canadian and Mexican retail sales and wholesale turnover. Canadian CPI and new home prices.

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



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