Next Week’s Menu: March 27 – April 2, 2021

March 26, 2021

Central Banks: Chilean monetary policy will be reviewed in the coming week, and the Bank of Japan’s quarterly Tankan survey of corporate conditions and expectations will be published.

Holidays and Special Events: Many countries will be closed for Good Friday on April 2 including the United States, U.K., key market centers in Continental Europe, Australia, India, Hong Kong and Brazil. Europe goes on daylight savings times, which will restore the normal time differentials with places in the United States. The monthly OPEC oil ministers meeting is scheduled Thursday, and U.S. President Biden will be unveiling details of his proposed infrastructure plan on Wednesday.

Manufacturing Purchasing Manager Surveys: A slew of these reports will be arriving including ones for the United States, Euroland, Japan, Australia, China, Malaysia, South Korea, Taiwan, Thailand, Vietnam, India, Indonesia, Turkey, Poland, the Czech Republic, Hungary, Switzerland, Sweden, Ireland, Germany, France, Italy, Great Britain, the Netherlands, Canada, and Brazil.

Scheduled U.S. Data Releases: Employment, unemployment, average wage earnings, motor vehicle sales, FHFA and Case Shiller house price indices, consumer confidence, pending home sales, construction spending, Dallas Fed manufacturing index, Chicago regional purchasing managers index, and ADP-compiled change in private sector jobs. Also weekly jobless insurance claims, consumer comfort, mortgage applications, chain store sales and energy inventories.

Euroland Releases: Economic sentiment and consumer prices.

Members of the Euro Area: German, Italian, Spanish, Belgian and Portuguese consumer prices. French, Italian, Belgian, Greek, Cypriot and Austrian producer prices. German, Dutch, Irish, and Portuguese retail sales. Spanish, Dutch, Portuguese, Austrian, Finnish and Greek business sentiment. German and Finnish unemployment. Spanish and Austrian current accounts. French, Austrian, Greek, Finnish and Portuguese consumer confidence. German import prices, Portuguese industrial production, and French consumer spending.

U.K. and Switzerland: British GDP, current account and Nationwide house price index. Swiss retail sales, CPI, current account, KOF index of leading economic indicators, and ZEW investor sentiment.

Nordic Europe: Danish and Swedish business confidence. Norwegian retail sales and Swedish consumer sentiment. Danish GDP and unemployment.

Eastern Europe: Hungarian trade balance and Russian GDP.

Japanese Data: Retail sales, industrial production, housing starts, construction orders, and unemployment.

Selected Other Asian Releases: South Korean, Malaysian and Thai trade balances. Filipino, Malaysian, and Singaporean producer prices. South Korean and Thai industrial production. Hong Kong and Thai retail sales. South Korean business confidence, Thai unemployment, and Indonesian CPI.

Australian South African, Turkish and New Zealand Releases: Australian and New Zealand building permits. Australian and South African M3 money growth and private credit. Australian home loans and New Zealand business confidence. Turkey’s trade balance.

Canada and Brazil: Canadian monthly GDP, PPI, and housing permits. Brazilian industrial production and trade balance.

Copyright 2021, Larry Greenberg. All rights reserved. No secondary distribution without express permission.



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