Next Week’s Menu: June 20 -26, 2020

June 19, 2020

Central Banks: Monetary policies to be reviewed in Hungary, the Czech Republic, New Zealand, China, the Philippines, Turkey, Mexico and Thailand. Minutes from last Central Bank of Brazil policy meeting and a summary of the latest Bank of Japan meeting will be published, and the Fed on Thursday reveals the results of the annual bank stress tests.

Holidays: China, Hong, and Taiwan observe the Dragon Boat festival late in the week.

Scheduled U.S. Statistical Releases: Quarterly GDP. Monthly personal income, personal consumption, PCE price deflator, existing home sales, new home sales, FHFA house price index, durable goods orders, IHS-compiled PMI preliminary results, Chicago Fed National Activity index, and the Richmond and K.C. Fed regional manufacturing PMIs. Weekly jobless insurance claims, chain store sales, mortgage applications, consumer comfort and energy inventories.

Euroland Releases: Money and credit growth, consumer confidence, and preliminary purchasing managers survey results.

Member of the Euro Area: German and French preliminary PMI surveys. German IFO business climate index and consumer confidence. French, Italian, Portuguese, and Belgian business sentiment. French, Italian, and Portuguese consumer confidence. Spanish, Irish, and Finnish producer prices. Dutch and Portuguese current accounts. Austrian industrial production and manufacturing purchasing managers index. Dutch GDP and Finnish unemployment.

U.K. and Switzerland: British preliminary purchasing managers indices, Rightmove house price index, industrial trends survey and distributive trades index. Swiss ZEW expectations index and current account.

Eastern Europe: Czech consumer confidence and business sentiment. Polish retail sales and unemployment. Russian business confidence and Hungary’s current account.

Nordic Europe: Danish, Norwegian, and Swedish retail sales. Icelandic and Swedish producer prices. Danish and Swedish consumer confidence. Icelandic consumer prices and Swedish business confidence.

Japanese Data: Preliminary PMI survey, corporate service prices, all industry index and Tokyo consumer prices.

Selected Other Asian Releases: Singaporean, Malaysian and Hong Kong consumer prices. Indian and Hong Kong current accounts. South Korean and Filipino consumer confidence. Thai, Taiwanese, and Singaporean industrial production. Thailand’s trade balance, Taiwanese unemployment, and India’s index of leading economic indicators.

Australia and South Africa: Australian purchasing manager indices. South African retail sales, wholesale turnover, PPI, CPI, and index of leading economic indicators.

Brazil and Mexico: Brazil’s current account, consumer confidence, and business sentiment. Mexican retail sales, wholesale turnover, trade balance and unemployment.

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




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