Next Week’s Menu: November 28 – December 4, 2020

November 27, 2020

Central Banks: Monetary policies to be reviewed in Australia, India, Poland and Israel. Powell and Williams of the Federal Reserve, Tenreyro of the Bank of England, and Lowe of the Reserve Bank of Australia speak publicly. The Fed Beige Book will be published.

Special Events: Meetings of OPEC and EcoFin. Continuing U.K./EU trade negotiations.

Purchasing Manager Surveys for November: Manufacturing surveys for Hong Kong, South Africa, Singapore, Malaysia, the Philippines, South Korea, Vietnam, Thailand, Taiwan, Ireland, India, Russia, Turkey, Greece, the Netherlands, Poland, Czech Republic, Hungary, Brazil, Mexico, Canada, United States, Euroland, China, Denmark, Great Britain, France, Italy, Germany, Ireland, Switzerland, Sweden, Japan, Australia, and Indonesia. Construction surveys for Australia, U.K., Euroland, Germany, France and Italy. Service sector PMIs for Australia, Japan, Ireland, China, India, Russia, Spain, France, Germany, Spain, Brazil, U.S. and euro area. Non-oil surveys for Egypt, Saudi Arabia, U.A.E. and Lebanon.

U.S. Statistical Releases: Non-farm payroll jobs, unemployment, average wage earnings, ADP estimate of private sector employment, pending home sales, motor vehicle sales, construction spending, NY regional PMI (NAPM), and factory orders. Weekly jobless insurance claims, mortgage applications, energy inventories, chain store sales and consumer comfort.

Japanese Data: Retail sales, unemployment, housing starts, construction orders, monetary base, consumer confidence, industrial production and quarterly business investment.

Selected Other Asian Releases: South Korean retail sales, GDP, industrial production, current account, trade balance and consumer prices. Filipino, Thai, and Indonesian consumer prices. Hong Kong and Singapore retail sales. Filipino unemployment and Malaysian PPI.

Euroland Releases: CPI, PPI, unemployment and retail sales.

Members of the Euro Area: German CPI, unemployment, retail sales and factory orders. Italian CPI, GDP, retail sales and unemployment. Greek and Cypriot PPI. Spanish and Austrian unemployment. Belgian, Greek, Portuguese, and Austrian GDP. Dutch and Greek retail sales. Spanish current account, Finnish trade balance.

U.K. and Switzerland: British M4 money growth, mortgage approvals, consumer credit, Nationwide house price index, and shop price inflation. Swiss retail sales, GDP, CPI and index of leading economic indicators.

Nordic Europe: Danish GDP, unemployment, retail sales and CPI. Norway’s current account.

Eastern Europe: Romanian and Russian PPI. Czech, Hungarian, and Polish GDP. Hungarian GDP and retail sales. Czech unemployment.

Australia and New Zealand: Australian M3 money and private credit growth, GDP, trade balance, home loans, corporate earnings, and current account. New Zealand business sentiment, import prices and terms of trade.

Turkey and South Africa: Turkish CPI, PPI, trade balance and GDP. South African money growth and trade balance.

Canadian Releases: 3Q and September GDP. Quarterly productivity and unit labor costs. Monthly housing permits, trade balance, unemployment, employment, and average hourly wages.

Brazil and Mexico: Brazilian GDP and industrial production. Mexican consumer confidence.

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



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