Next Week’s Menu: June 13 – 19, 2020

June 12, 2020

Central Banks: Monetary policies to be reviewed in Japan, the U.K., Switzerland, Taiwan, Indonesia, Russia, Brazil, Norway and Poland. Policy meeting minutes will be published for the Bank of Japan, National Bank of Poland and Reserve Bank of Australia. Fed Chairman Powell delivers Humphrey-Hawkins testimony before the Senate Financial Services Committee Tuesday and House Banking Committee on Wednesday.

Special Event: European Council meeting on Thursday.

Scheduled U.S. Statistical Releases: Quarterly current account. Monthly housing starts, building permits, retail sales, industrial production, capacity usage, Philly Fed manufacturing index, Empire State manufacturing index, Treasury-compiled capital flows, and index of leading economic indicators. Weekly jobless insurance claims, mortgage applications, consumer comfort, chain store sales, and energy inventories.

Japanese and Chinese Releases: Japanese tertiary index, consumer prices and trade balance. Chinese retail sales, fixed asset investment, industrial production, property prices, and unemployment.

Other Selected Asian Data: Indian, Indonesian, Singaporean, and South Korean trade balances. Hong Kong and Singaporean unemployment. Indian current account and wholesale prices. Indonesian business confidence.

Euroland Releases: Current account, trade balance, labor costs, new car sales, consumer prices, construction output, ZEW expectations index, and index of leading economic indicators.

Members of the Euro Area: German, Italian, Austrian, and Finnish consumer prices. German and Portuguese PPI. Greek and Italian current accounts. Dutch, Belgian and Irish trade balances. Irish and Belgian consumer confidence. German wholesale prices and ZEW expectations index. Finnish GDP.

U.K. and Switzerland: British and Swiss PPI. British CPI, unemployment, employment, wage growth, DCLG house price index, Rightmove house price index, and public sector borrowing. Swiss import prices, trade balance, and SECO macroeconomic forecasts.

Nordic Europe: Danish PPI and Icelandic CPI. Norwegian trade and Swedish unemployment.

Eastern Europe: Polish, Russian and Czech PPI. Polish and Russian industrial production. Russian GDP and unemployment. Polish current account and trade.

Australia and New Zealand: Australian retail sales, employment, unemployment, new car sales, and home prices. New Zealand GDP, current acccount, and Westpac consumer confidence index.

Israel and South Africa: Israeli GDP. South African retail sales and wholesale turnover.

Canada and Brazil: Canadian CPI, home prices, retail sales and manufacturing sales. Brazilian retail sales, business confidence and index of leading economic indicators.

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



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