Next Week’s Menu: June 27 – July 3, 2020
June 26, 2020
Central Banks: The Swedish Riksbank has a scheduled monetary review next week. Powell, Brainard, and Williams are some of the top Fed officials with public speaking engagements, and so do Deputy Governor Debelle of the Reserve Bank of Australia and Jonathan Haskel of the Bank of England Monetary Policy Committee. FOMC minutes will be published.
Events and Holidays: Polish voters elect their president on June 27. A new round of Brexit talks between Britain and the EU will commence. The coming week bridges the end of the second quarter to the start of the third quarter. Canadian celebrate Canada Day on Wednesday, which also will mark the 23rd anniversary of when sovereignty over Hong Kong reverted from Britain to China. On that long anticipated day, July 1, 1997, the Asian debt crisis began following a devaluation of the Thai baht. Friday, July 3rd, is a banking holiday in the United States, a day ahead of America’s 244th birthday.
Purchasing Manager Surveys: A slew of them will be published next week. The bulk of the manufacturing PMIs will arrive Wednesday, and a bunch of service sector surveys get published on Friday. Construction PMIs for the U.K. and Australian are scheduled, too.
Scheduled U.S. Statistical Releases: The Bureau of Labor Statistics’ employment situation report that includes the jobless rate, non-farm payroll employment and average hourly earnings heads a list of monthly data due next week. Other releases will be the trade balance, auto sales, factory orders, consumer confidence, construction spending, the New York (NAPM) and Chicago regional PMIs, the Case-Shiller house price index, pending home sales, the Dallas Fed manufacturing index, and the ADP estimate of private-sector jobs growth. Weekly data include jobless insurance claims, chain store sales, consumer comfort, mortgage applications, and energy inventories.
Euroland Releases: Economic sentiment, consumer confidence, consumer prices, unemployment and producer prices.
Members of the Euro Area: German, French, Spanish, Italian, Belgian, and Portuguese consumer prices. French, Italian, Cypriot, Greek and Austrian producer prices. German, Austrian, French, and Spanish unemployment. German, Dutch, Irish, Portuguese and Greek retail sales. Finnish, Austrian, and Greek consumer sentiment. Dutch, Austrian, Spanish, and Greek business confidence. Spanish, Austrian, and Belgian current accounts. Cypriot, Belgian and Portuguese industrial production. French consumer spending and Finland’s trade balance.
U.K. and Switzerland: U.K. quarterly GDP and current account, and monthly shop prices, consumer confidence, Nationwide house price index, mortgage approvals, consumer credit and M4 money growth. Swiss quarterly current account and monthly consumer prices, retail sales and leading economic index.
Eastern Europe: Hungarian and Romanian producer prices. Czech GDP and Polish CPI. Hungarian unemployment and trade balance.
Nordic Europe: Norwegian and Danish unemployment. Danish GDP and business confidence. Sweden’s trade balance and Norwegian home prices.
Japanese Data: The Bank of Japan’s quarterly Tankan survey of corporate conditions and expectations. Monthly retail sales, housing starts, construction orders, industrial production, consumer confidence, unemployment and monetary base.
Selected Other Asian Releases: South Korean and Indonesian consumer prices. South Korean, Singaporean, and Hong Kong retail sales. Malaysian, South Korean, Thai and Hong Kong trade balances. South Korean and Thai industrial production. Malaysian PPI, South Korean business sentiment, India’s current account and Taiwanese consumer confidence.
Australia and New Zealand: Australian and New Zealand building permits. Australian trade balance, retail sales, money growth, and domestic credit expansion. New Zealand business confidence.
South Africa and Turkey: South African money and credit growth. South African and Turkish trade balances. South African GDP, current account, and business confidence. Turkish consumer and producer prices.
Canadian, Brazilian and Mexican Data: Canadian monthly trade balance, building permits, GDP, and PPI. Brazilian trade balance, PPI, industrial production and unemployment. Mexican and Brazilian consumer confidence.
Copyright 2020, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: Economic Data Calendar
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