Next Week’s Menu: April 9 – 15, 2022

April 8, 2022

Central Banks: Monetary policies will be reviewed in South Korea, Israel, Canada, New Zealand, Ukraine, and at the European Central Bank. Governor Macklem of the Bank of Canada and President Lagarde of the ECB will hold press conferences, and the Bank of Canada policy meeting coincides with the publication of the quarterly Monetary Policy Report there. Atlanta and Chicago Fed Presidents Bostic and Evans are some of the Fed officials with planned public remarks next week.

Event and Holiday: The first round of the French presidential election will be held on April 10. Barring a candidate with a majority, the two top performers meet in a second round run-off vote on April 14. Good Friday falls on April 15, and many markets will be closed then including much of Europe, New Zealand, Australia, Canada, and the United States.

Scheduled U.S. Data Releases: CPI, PPI, retail sales, industrial production, capacity usage, import prices, the federal budget deficit, small busines sentiment, the Empire State manufacturing index, the IBD/TIPP optimism index, the U. Michigan/Reuters consumer sentiment index and Treasury-compiled capital flows. Also weekly jobless insurance claims, energy inventories, chain store sales and mortgage applications.

Japanese and Chinese Releases: Japanese producer prices, machinery orders, machine tool orders, revised industrial production, capacity usage, the tertiary index, money growth, and bank lending. Chinese CPI, PPI, auto sales, trade balance, money and bank lending growth, house prices, unemployment, retail sales and foreign direct investment.

Selected Other Asian Indicators: Malaysian and Indian industrial production. Indian CPI, PPI, and trade balance. South Korean import prices, Indonesian retail sales, and Singaporean GDP.

Euroland Releases: Industrial production, car sales and ZEW index of investor expectations.

Members of the Euro Area: German ZEW expectations index and wholesale prices. Greek unemployment, Finnish GDP and Spain’s index of leading economic indicators. German, French, Spanish, Italian, Finnish and Portuguese consumer prices. German, French and Finnish current accounts. Italian, French, Irish, Dutch and Belgian trade balances.

U.K. and Switzerland: British monthly GDP, industrial production, CPI, PPI, same store sales, RICs house price balance index, construction output, and labor market statistics such as wages, unemployment, and jobs. Swiss import prices and producer prices.

Nordic Europe: Norwegian and Swedish consumer prices. Norwegian producer prices.

Eastern Europe: Romanian and Czech consumer prices. Russian and Polish current accounts. Romanian and Russian trade balances. Romanian and Hungarian industrial production.

Australia, New Zealand and South Africa: Australian labor statistics, consumer confidence and business confidence and conditions. New Zealand food prices and capacity utilization. South African retail sales and factory output.

Turkey and Saudi Arabia: Turkish retail sales, industrial production, unemployment, and current account. Saudi Arabian CPI and WPI.

Canadian, Mexican and Brazilian Data: Canadian survey of manufacturing sales, orders and inventories. Mexican industrial production. Brazilian retail sales and business sentiment.

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





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