Next Week’s Menu: March 5 – 11, 2022

March 4, 2022

Central Banks: Monetary policy reviews are scheduled in Poland, Uzbekistan, Kazakhstan, Serbia, Peru and most importantly at the European Central Bank. ECB President Lagarde will hold a press conference afterward. Lowe and Bullock of the Reserve Bank of Australia also speak publicly during the week.

Scheduled U.S. Releases: Consumer prices, the trade balance, consumer credit, small business sentiment, the IBD/TIPP Optimism index, the federal monthly deficit, the Reuters/U. Michigan index of consumer confidence, and the JOLTS index of worker openings, hires, and quits. Also weekly jobless insurance claims, mortgage approvals, energy inventories and chain store sales.

Euroland Releases: Quarterly GDP and employment growth. The Sentix gauge of investor sentiment.

Members of Euro Area: German orders, industrial production, retail sales, consumer prices, wholesale prices and index of leading economic indicators. Italian, Spanish, Austrian, Irish, Finnish Belgian, Portuguese, Greek and Dutch industrial production. Irish, Greek, Portuguese, and Spanish CPI. Portuguese, Finnish, and Austrian trade. Italian retail sales, Finnish current account, Austrian WPI, Spanish consumer confidence, and Irish construction purchasing managers index.

U.K. and Switzerland: British GDP, industrial production, construction output, same store sales, Halifax house price index, and trade balance. Swiss unemployment.

Nordic Europe: Danish, Norwegian, and Swedish industrial production. Danish and Norwegian CPI. Swedish household spending and Norwegian PPI.

Eastern Europe: Russian, Hungarian, and Czech CPI. Hungarian and Czech industrial production and trade balances. Romanian and Russian GDP.

Japanese and Chinese Releases: Japanese GDP, current account, bank lending, average cash earnings, reserves, economy watchers index, machine tool orders, producer prices, household spending, tertiary index and index of leading economic indicators. Chinese reserves, trade balance, CPI, PPI, money growth, yuan lending, and auto sales.

Other Asia: Taiwanese and Filipino trade balances. Thai and Indonesian consumer confidence. South Korean business sentiment, current account and index of leading economic indicators. Malaysian and Indian industrial production. Taiwanese CPI and PPI. Indonesian retail sales.

Australia and New Zealand: Australian consumer confidence, business sentiment and conditions, and AIG-commpiled service sector PMI. New Zealand food prices and business confidence.

South Africa and Turkey: South African GDP, current account, factory output, and business confidence. Turkish unemployment, retail sales, industrial production and current account.

Canada, Brazil and Mexico: Canadian labor statistics, capacity usage, and trade balance. Brazilian service sector purchasing mangers survey, PPI, industrial production, retail sales and business confidence. Mexican consumer sentiment, CPI and industrial production.

Copyright 2022, Larry Greenberg. All rights reserved. No secondary distribution without express permission.



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