Next Week’s Menu: December 4 – 10, 2021

December 3, 2021

Central Banks: Monetary policies will be reviewed in Canada, India, Brazil, Australia, Poland, Peru Ukraine and Serbia.

Events and Holiday: Meetings of the Eurogroup and Ecofin are scheduled.Spain’s Constitution Day will be observed Monday.

November Purchasing Manager Survey Releases: AIG-compiled Australian services sector; construction PMIs for Euroland, Germany, France, Italy and Great Britain; Non-oil PMIs for Egypt, the U.A.E. and Saudi Arabia; Lebanon’s private sector PMI, and New Zealand’s manufacturing sector.

Planned U.S. Statistical Releases: Quarterly productivity and unit labor costs. Monthly trade balance, motor vehicle sales, consumer prices, small business sentiment, IBD/TIPP optimism index, U. Michigan/Reuters consumer sentiment index, December federal budget balance, and consumer credit. Weekly jobless insurance claims, mortgage applications, consumer comfort, chain store sales, and energy inventories.

Japan and China: Japanese quarterly GDP, business confidence and GDP price deflator, plus monthly household spending, labor cash earnings, machine tool orders, producer prices, international reserves, current account, money growth, bank lending, and economy watchers index. Chinese money growth, bank lending, international reserves, trade balance, and foreign direct investment.

Selected Other Asian Releases: Filipino and Taiwanese CPI and trade balance. Indian and Filipino industrial production. Indonesian retail sales and consumer confidence. South Korean current account and Filipino unemployment.

Euroland Releases: Quarterly GDP and employment growth. Monthly Sentix and ZEW indices  of investor sentiment.

Members of the Euro Area:  German industrial orders, industrial production, trade balance, current account, CPI, auto sales, and ZEW expectations index. Italian, Spanish, Belgian, Greek, and Finnish industrial  production. French, Greek, Finnish, and Portuguese trade balances. Dutch and Irish consumer prices. Finnish and French current accounts. Austria wholesale prices, Italian retail sales, and Spain’s index of leading economic indicators.

U.K. and Switzerland: British same-store sales, motor vehicle sales, trade balance, construction output, October GDP,  and RICs and Halifax house price indices. Swiss unemployment and government economic forecasts.

Nordic Europe: Norwegian PPI and industrial production. Norwegian and Danish consumer prices. Danish and Swedish current accounts.

Eastern Europe: Russian and Hungarian consumer prices. Czech and Hungarian industrial production. Czech retail sales, trade balance and jobless rate. Romanian GDP.

Australian and South African Releases: Australian building permits and home prices. South African retail sales, current account and Sacci-compiled business confidence index.

Canada Mexico and Brazil: Canadian 3Q capacity utilization and monthly trade balance. Mexican and Brazilian CPI. Mexican consumer sentiment and Brazilian business confidence. Mexican industrial production.

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



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