Next Week’s Menu: November 6 – 12, 2021

November 5, 2021

Central Banks: Mexico, Peru, Romania, Serbia, Thailand and the Philippines have scheduled monetary policy reviews next week, and a summary of the Bank of Japan’s most recent Board meeting will be published.

Events and Holidays: The North American return to Standard Time will restore the normal time intervals with Europe (e.g,, 5 hours between London and NY and 14 hours between Tokyo and NY). A meeting of EU finance ministers is set for Tuesday. On Thursday’s 103rd anniversary of the end of World War I, Germany, Canada, and the United States will respectively be observing Armistice Day, Remembrance Day and Veteran’s Day.

Scheduled U.S. Economic Data Releases: CPI, PPI, small business sentiment, the U. Michigan/Reuters index of consumer sentiment, the October federal budget deficit, the Labor Dept JOLTs index, and the index of leading economic indicators. Also weekly, jobless insurance claims, consumer comfort, chain store sales, mortgage applications and energy inventories.

Japanese and Chinese Releases: Japanese PPI, labor cash earnings, money growth, bank lending, machinery orders, machine tool orders, economy watchers index, tertiary index of service sector activity, current account, international reserves, and index of leading economic indicators. Chinese CPI, PPI, industrial production, retail sales, international reserves, unemployment, fixed asset investment, foreign direct investment, motor vehicle sales, money growth and bank lending.

Other Selected Asian Releases: Malaysian and Indian industrial production. Malaysian, Filipino, and Hong Kong GDP. Indonesian retail sales and consumer sentiment. Indian consumer prices.

Euroland Releases: Industrial production and both the Sentix and ZEW indices of investor sentiment.

Members of the Euro Area: German CPI, wholesale prices, current account, trade balance, and ZEW expectations index. French and Finnish current accounts. French, Portuguese, Spanish, and Finnish consumer prices. Austrian, Belgian, and Italian industrial production. Portuguese, and Finnish GDP. Spain’s index of leading economic indicators and Irish construction purchasing managers survey.

U.K. and Switzerland: British GDP, industrial production, construction output, trade balance, same-store sales, RICs house price balance, and quarterly labor productivity. Swiss producer prices and import prices.

Eastern Europe: Czech, Hungarian, and Romanian consumer prices. Czech and Hungarian trade balances. Czech industrial production and Poland’s GDP.

Nordic Europe: Norwegian and Swedish industrial production. Norwegian and Danish consumer prices and GDP. Swedish construction output, industrial orders and household consumption. Danish trade balance.

Australia and New Zealand: Australian consumer confidence, business confidence and conditions, housing permits, and labor statistics. New Zealand food prices, business confidence, and manufacturing PMI.

South Africa and Turkey: South African industrial production and business confidence. Turkish retail sales and industrial production.

Mexico and Brazil: Mexican and Brazilian consumer prices. Mexican industrial production.

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



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