Next Week’s Menu: July 17 – 23, 2021

July 16, 2021

Central Banks: Monetary policies will be reviewed by the European Central Bank and central banks in Indonesia, Russia, South Africa, China, and Ukraine. Prior meeting minutes will be published by the Reserve Bank of Australia and Bank of Japan. Bank of England MPC member Haskel will be speaking publicly.

Event and Holidays: EU finance ministers will be meeting on Friday. The Belgian National Day and Eid al-Adha holidays fall on Wednesday. Japanese markets will be shut Thursday for Marine Day and Friday for Health-Sports Day.

Scheduled U.S. Data Releases: Existing home sales, the NAHB housing market index, the K.C. Fed manufacturing survey, the Chicago Fed National Activity index, housing starts, building permits, and IHS’s preliminary purchasing manager survey results. Also weekly jobless insurance claims, mortgage applications, consumer comfort, energy inventories, and chain store sales.

Euroland Releases: Consumer confidence, construction output, preliminary PMI survey results, and the current account.

Members of the Euro Area: German and French PMIs. German, Irish and Finnish producer prices. Italian and Greek current accounts. Dutch and Belgian consumer sentiment. Dutch unemployment and household consumption. French business confidence and index of leading economic indicators.

U.K. and Switzerland: Retail sales, purchasing managers survey, industrial trends and distributive trades surveys, Rightmove house price index, consumer confidence and public sector net borrowing. Swiss trade surplus.

Eastern Europe: Polish and Russian retail sales and unemployment. Polish and Czech producer prices. Russian GDP and business confidence. Polish industrial production and Hungary’s current account.

Nordic Europe: Icelandic and Swedish producer prices. Iceland’s CPI and jobless rate. Danish consumer confidence and Norwegian business sentiment.

Japanese Releases: Consumer prices and customs trade balance.

Selected Other Asian Statistics: Hong Kong and Malaysian CPI. South Korea’s PPI. Taiwanese and Hong Kong unemployment. Taiwanese industrial production and retail sales. Thailand’s trade balance and Chinese index of leading economic indicators.

Australia and New Zealand: Australian PMI survey, retail sales and index of leading economic indicators. New Zealand service sector PMI.

South Africa and Turkey: South African CPI and leading indicators. Turkish consumer sentiment.

Canada and Mexico: Canadian retail sales and housing prices. Mexican retail sales and index of leading economic indicators.

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



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