Next Week’s Menu: August 14 – 20, 2021

August 13, 2021

Central Banks: Monetary policies will be reviewed in New Zealand, Sri Lanka, Indonesia, Norway and China. Minutes of most recent policy reviews by the FOMC and Reserve Bank of Australia Board will be published. Fed Chairman Powell speaks publicly.

Holiday: Indonesians observe Independence Day on Tuesday.

Scheduled Release of Following U.S. Economic Statistics: Retail sales, industrial production, capacity utilization, Empire State and Philly Fed manufacturing indices, NAHB housing index, housing starts, building permits, Treasury-compiled capital flows, and index of leading economic indicators. Weekly jobless insurance claims, chain store sales, energy inventories, consumer comfort, and mortgage applications.

Japanese and Chinese Releases: Japanese quarterly GDP and monthly industrial production, capacity usage, machinery orders, customs trade balance, CPI and tertiary index. Chinese industrial production, retail sales, unemployment, fixed asset investment, housing prices and unemployment.

Other Selected Asian Data: Indonesian, Indian, and Singaporean trade balances. South Korea’s PPI and Indian wholesale prices. Filipino and Hong Kong consumer prices. Thai GDP, Indonesian current account, and Hong Kong unemployment.

Euroland Releases: Quarterly GDP and monthly current account, CPI, construction output, and index of leading economic indicators.

Members of the Euro Area: Irish, Austrian, and Cypriot CPI. German and Portuguese PPI. Finnish, Dutch and Cypriot GDP. Belgian, Irish, Dutch and Spanish trade balances. Dutch household consumption and French index of leading economic indicators.

U.K. and Switzerland: British quarterly productivity and unit labor costs and monthly  CPI, RPI, PPI, retail sales, labor market statistics, DCLG house price index, Rightmove house price index, consumer confidence, public sector net borrowings, and index of leading economic indicators. Swiss trade balance and industrial  production.

Nordic Europe: Danish GDP and producer prices. Norwegian consumer confidence and trade balance. Swedish capacity utilization.

Eastern Europe: Polish, Czech and Russian producer prices. Russian industrial production, retail sales and unemployment. Polish CPI and industrial production. Romanian GDP.

Australia, New Zealand and South Africa: Australian quarterly wage cost index and monthly employment growth and jobless rate. New Zealand service sector purchasing managers index and second-quarter PPI. South African CPI and retail sales.

Canadian and Mexican Data: Canadian CPI, housing starts, new home prices and monthly survey of manufacturing sales, orders, and inventories. Mexico’s index of leading economic indicators.

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



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