Next Week’s Menu: March 26 – April 1, 2022

March 25, 2022

Central Banks: Monetary policies are scheduled for review in the Czech Republic, Colombia and Thailand. The Bank of Japan publishes a summary of this past week’s Board meeting and the results of its quarterly survey of corporate conditions and expectations, known as the Tankan. New York Fed President Williams, Bank of England MPC member Broadbent, and Swiss National Bank Governing Board member Maechler speak publicly.

Events: Daylight savings time begins in Europe on March 27, restoring the normal time differentials with North America. There will be an OPEC meeting, and the week bridges the end of the first and second calendars quarters.

Manufacturing Purchasing Manager Surveys: will be released for Austria, Australia, Ireland, China, Russia, The Philippines, South Africa, Japan, Indonesia, South Korea, India, Taiwan, Thailand, Vietnam, Euroland, Germany, France, Italy, The Netherlands, Spain, Greece, Ireland, Turkey, Poland, the Czech Republic, Hungary, Norway, Denmark, Sweden, Switzerland, Great Britain, Canada, The United States, Mexico, and Brazil.

Scheduled U.S. Data Releases: Quarterly GDP. Monthly employment, unemployment, average hourly earnings, personal consumption expenditures, income and PCE price deflator, Dallas Fed manufacturing survey, FHFA and Case Shiller house price indices, consumer confidence, construction spending, advance trade deficit estimate, JOLTs index of job hires and quits, Chicago regional PMI, and ADP estimate of private employment growth. Weekly jobless insurance claims, mortgage applications, energy inventories and chain store sales.

Japanese Releases: Unemployment, retail sales, industrial production, housing starts, and construction orders.

Selected Other Asian Releases: South Korean, Indian, Thai and Hong Kong trade balances. Malaysian, Singaporean and Filipino producer prices. Thai and Indian current accounts. South Korean, Thai, and Hong Kong retail sales. South Korean and Thai industrial production. Chinese corporate profits and index of leading economic indicators. Thai business confidence and Indonesian consumer prices.

Euroland Releases: Economic sentiment, unemployment, consumer prices and money growth.

Members of the Euro Area: German CPI, import prices, retail sales and consumer confidence. French CPI, PPI, consumer spending and consumer sentiment. Italian industrial sales and PPI. Spanish CPI, business confidence, current account, and retail sales. Irish, Portuguese, Dutch, and Greek retail sales. Finnish, Portuguese, Austrian, and Greek business confidence and consumer sentiment. Greek and Irish unemployment. Belgian and Portuguese CPI. Dutch business confidence and Cypriot producer prices.

U.K. and Switzerland: British quarterly GDP and current account and monthly shop prices, money growth, mortgage approvals and Nationwide house price index. Swiss CPI, retail sales, KOF leading indicators, and ZEW investor expectations.

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

Eastern Europe: Russian GDP, retail sales, industrial production, business confidence and unemployment. Hungarian producer prices.

Australia, New Zealand, South Africa and Turkey: Australian and New Zealand building permits. South African and Turkish trade balances. Australian and South African growth in money and private credit. Australian home loans, New Zealand business confidence, and South African PPI and unemployment.

Canada, Mexico and Brazil: Canadian monthly GDP and industrial production. Mexican and Brazilian unemployment. Mexican trade balance and Brazilian current account and PPI.

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

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