Next Week’s Menu: May 1 – 7, 2021

April 30, 2021

Central Banks: Monetary policy reviews are scheduled in Australia, Brazil, the U.K., Turkey, Norway, Malaysia, Poland, Thailand and the Czech Republic. The quarterly Bank of England Monetary Policy Report and Reserve Bank of Australia Monetary Policy Statement will be published, and so will minutes from the Bank of Japan policy meeting. Bank of England Governor Bailey, RBA Deputy Governor Debelle, and New York Fed District President Williams are some of the central bankers who’ll be speaking publicly next week.

Special Event and Holidays: Britain holds local elections on Thursday, and there are several holiday closures around the world such as Britain’s early spring bank holiday on Monday. China’s Labor Day extends to Wednesday, and Japan continues its string of Golden Week holidays: Constitution Day on Monday, Greenery Day on Tuesday, and Children’s Day on Wednesday.

Purchasing Manager Surveys: A variety of PMI results for April will be published every day next week, covering manufacturing, services, and construction.

Scheduled U.S. Economic Data Releases: Quarterly productivity and unit labor costs. Monthly factory orders, trade balance, labor market statistics such as unemployment, wage growth and employment, the IBD/TIPP optimism index, the New York regional manufacturing survey (NAPM index), auto sales, and construction spending. Weekly jobless insurance claims, consumer comfort, mortgage applications, chain store sales, and energy inventories.

Japan and China: Japan’s monetary baseĀ  and average cash earnings. Chinese reserves and trade surplus.

Other Selected Asian Releases: Filipino, Indonesian, South Korean, Thai, and Taiwanese consumer prices. Indian, Filipino, Taiwanese, and South Korean trade balances. Retail sales in Hong Kong and Singapore. Indonesian and Hong Kong GDP growth. South Korean current account and Taiwanese wholesale prices.

Euroland Releases: Retail sales, home prices, PPI, and Sentix measure of investor sentiment.

Members of the Euro Area: German and French trade and current accounts. Finnish and Austrian trade. French, Italian, and Belgian retail sales. German, French, Spanish, Finnish, and Irish industrial production. Cypriot consumer prices and Austrian wholesale prices. Finnish unemployment and German industrial orders.

U.K. and Switzerland: Money growth, mortgage approvals, car sales, and the RICs house price balance index. Swiss consumer confidence, CPI and unemployment.

Eastern Europe: Czech, Romanian, Polish and Hungarian retail sales. Czech and Hungarian industrial production. Czech trade balance and Russian CPI.

Nordic European Releases: Danish, Swedish, and Norwegian industrial production. Swedish factory orders and household consumption. Norway’s jobless rate.

Australia and New Zealand: Australian retail sales. New Zealand quarterly labor statistics.

South Africa and Turkey: South African business confidence, manufacturing output, and housing permits. Turkish CPI and PPI.

Canada, Mexico and Brazil: Canadian labor market statistics, trade balance, and IVEY-PMI index. Mexican CPI, consumer sentiment and business confidence. Brazlian trade balance, PPI, retail sales, and industrial production.

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



Comments are closed.