Next Week’s Menu: December 18 – 24, 2021

December 17, 2021

Central Banks: Monetary policies in the Czech Republic and Thailand will be reviewed. The People’s Bank of China’s monthly setting for 1- and 5-year loan prime rates occurs, and minutes will be published from the last Reserve Bank of Australia Board meeting.

Numerous Market Closures Friday for Christmas Eve: Including Germany, France, Italy, Switzerland, Italy, Spain, Portugal, the U.K., New Zealand, Canada and the United States but, most notably, not Japan.

Scheduled U.S. Data Releases: Quarterly GDP and current account. Monthly new home sales, existing home sales, durable goods orders, Chicago Fed National Activity index, and U. Michigan/Reuters index of consumer sentiment. Weekly chain store sales, jobless insurance claims, mortgage applications and energy inventories.

Euroland Releases: Consumer confidence and current account.

Members of the Euro Area: German, Italian, French, and Belgian consumer confidence. Italian, Dutch, Greek, Austrian, and Portuguese current accounts. Dutch and Spanish GDP. French, Italian, Spanish, Irish, Finnish, Belgian, and Dutch producer prices. Belgian and Italian business confidence. Dutch and French household spending. Italian industrial sales.

U.K. and Switzerland: British quarterly GDP and current account. British monthly consumer confidence, Right move house price index, distributive trades survey, industrial trends survey, and public sector net borrowings. Swiss current account, balance of trade, and ZEW index of investor sentiment.

Nordic Europe: Swedish and Danish consumer confidence and retail sales. Swedish PPI and business confidence. Danish GDP and Icelandic CPI.

Eastern Europe: Polish and Russian industrial production and producer prices. Polish retail sales and unemployment. Hungary’s current account and Russian consumer sentiment.

Japanese Data Releases: Consumer prices, housing starts and construction orders.

Selected Other Asian Releases: Consumer prices in Malaysia, HongĀ  Kong and Hong Kong. Chinese and Indian indices of leading economic indicators. Hong Kong’s current account and Taiwan’s balance of trade. Singaporean and Taiwanese industrial production. Taiwanese retail sales and unemployment.

Australia, New Zealand and Turkey: Australia’s index of leading economic indicators, retail sales, and money and credit growth. New Zealand trade balance and Turkish consumer sentiment.

Canada, Brazil and Mexico: Canadian and Mexican retail sales. Canadian monthly GDP, average weekly earnings and house prices. Brazilian current account and Mexican trade balance.

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




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