Next Week’s Menu: November 14 – 20, 2020

November 13, 2020

Central Banks: Monetary policies will be reviewed in Thailand, Iceland, Turkey, Indonesia, South Africa, China, The Philippines, and Hungary. NY Fed President Williams speaks publicly as do Bank of Japan Board member Masai, Reserve Bank of Australia Governor Lowe, and Governor Bailey and MPC members Haldane and Ramsden of the Bank of England. Minutes from the last Reserve Bank of Australia will be published.

Events and Holidays: Mexicans observe Revolution Day on November 20. The annual G20 summit begins November 21 in Riyadh.

Scheduled U.S. Economic Data Releases: Retail sales, industrial production, capacity use, import prices, housing starts, building permits, existing home sales, KC, Empire State, and Philly Fed manufacturing surveys, National Home Builders housing market index, Treasury-compiled capital flows, and the index of leading economic indicators. Also weekly jobless insurance claims, consumer comfort, chain store sales, mortgage applications and energy inventories.

Japanese and Chinese Data Releases: Japanese quarterly GDP and monthly industrial production, capacity utilization, customs trade balance and preliminary purchasing manager survey results. Chinese unemployment, retail sales, fixed asset investment, industrial production, property prices and foreign direct investment.

Other Selected Asian Releases: Thai and Singaporean GDP. Indonesian, Thai, and Singaporean trade balances. Indonesian and Taiwanese current accounts. South Korean PPI and Indian wholesale prices. Indonesian business sentiment and India’s index of leading economic indicators.

Euroland: Current account, preliminary purchasing managers survey, consumer confidence, car sales, construction output and index of leading economic indicators.

Members of the Euro Area: German and Portuguese PPI. Spanish, Belgian, Italian and Irish trade balances. Italian, Austrian and Cypriot consumer prices. Dutch, Belgian and Irish consumer confidence. Italian construction output and industrial orders. Greek and Portuguese current accounts. French index of leading economic indicators and Dutch household consumer spending.

Nordic Europe: Norwegian and Danish consumer confidence. Norwegian GDP and trade balance. Danish PPI and Icelandic consumer prices. Swedish unemployment and capacity utilization.

Eastern Europe: Polish and Czech producer prices. Russian and Polish industrial output. Russian GDP and unemployment.

Australia and New Zealand: Australian labor statistics, retail sales, quarterly wage costs, and index of leading economic indicators. New Zealand service sector purchasing managers survey and quarterly PPI.

South Africa and Turkey: South African retail sales and wholesale turnover. Turkish consumer confidence.

Canada and Mexico: Canadian CPI, retail sales, housing prices, wholesale turnover, and survey of manufacturing sales, orders and inventories. Mexico’s index of leading economic indicators.

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



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