Next Week’s Menu: July 31 – August 6, 2021

July 30, 2021

Central Banks: Monetary policies will be reviewed in Brazil, Thailand, Australia, India, the U.K., Czech Republic and Romania.

Assorted July Purchasing Manager Surveys: Covering activities in manufacturing, services, construction, and private non-energy enterprises.

Holidays and Events: will be observed Monday in Canada (Civic day) and India (bank holiday). The onset of August ushers in the summer vacation season, but with Covid resurgent travel may be restrained.

U.S. Statistical Economic Data Releases: Labor Dept’s monthly employment situation report, factory orders, construction spending, motor vehicle sales, the N.Y. regional PMI (NAPM), the IBD/TIPP optimism index, consumer credit, the trade deficit, and ADP’s estimate of private sector jobs. Also weekly jobless insurance claims, consumer comfort, chain store sales, mortgage applications, and energy inventories.

Euroland: Retail sales and producer prices.

Members of the Euro Area: German, Belgian, Austrian, and Italian retail sales. German, French, Spanish, Italian, Irish, Austrian, and Portuguese industrial output. Spanish, Irish, Austrian, and Portuguese unemployment. French, Austrian and Greek trade balances. Dutch and Cypriot consumer prices. French current account, German industrial orders, and Austrian producer prices.

U.K. and Switzerland: British Halifax house price index. Swiss retail sales, CPI and consumer sentiment.

Nordic Europe: Norwegian and Icelandic unemployment. Danish industrial production.

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

Japanese Data: Motor vehicle sales, monetary base, consumer confidence, household spending, labor cash earnings, Tokyo CPI, and index of leading economic indicators.

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

Australia and New Zealand: Australian building permits, home loans, retail sales and trade balance. New Zealand quarterly labor market data.

Canada, Mexico, Brazil and Turkey: Canadian and Brazilian trade balances. Canadian IVEY-PMI survey and labor market statistics. Mexican consumer confidence and business sentiment. Mexican and Turkish consumer prices. Turkey’s PPI and Brazilian industrial production.

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



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