Next Week’s Menu: June 11 – 17, 2022

June 11, 2022

Central Banks: Fed Chairman Powell, Governor Bailey of the Bank of England, and Governor Kuroda of the Bank of Japan will hold press conferences after their policy reviews. Monetary policies will be also reviewed during the coming week in Taiwan, Brazil, and the Swiss National Bank. Fed Vice-Chair Lael Brainard also speaks publicly this week, and the Fed’s economic forecasts will be updated.

Holidays and Events: Australians observe the Queen’s Birthday holiday on Monday. Meetings of the Eurogroup and EcoFin are scheduled for late in the period.

U.S. Economic Data Releases: Retail sales, producer prices, import prices, small business sentiment, the IBD/TIPP optimism index, housing starts, building permits, the NAHB housing market index, the JOLTs index of job openings and separations, Treasury-compiled capital flows, the Philly Fed and Empire State manufacturing surveys, and the index of leading economic indicators. Weekly jobless insurance claims, chain store sales, mortgage applications, and energy inventories.

Japanese and Chinese Data: Customs trade balance, machinery orders, revised industrial production, capacity utilization, tertiary index of service sector activity, and the Finance Ministry’s quarterly business sentiment survey. Chinese retail sales, industrial production, unemployment, property prices, and fixed asset investment.

Other Selected Asian Releases: Malaysian, Indian, and Indonesian trade balances. South Korean import prices and unemployment. Indian CPI and WPI. Hong Kong’s index of leading economic indicators.

Euroland Releases: Labor costs, ZEW expectations index, trade balance, and index of leading economic indicators.

Members of the Euro Area: German, Italian, French, Portuguese, Spanish, Austrian, and Finnish consumer prices. Spanish, Italian, Irish, Dutch and Belgian trade balances. Greek and Dutch unemployment. German ZEW expectations index, producer prices and index of leading economic indicators. Greek current account, Spanish consumer confidence and Irish construction purchasing managers survey.

U.K. and Switzerland: British monthly GDP, industrial production, construction output, retail sales, labor market statistics, trade balance, and index of leading economic indicators. Swiss PPI and import prices.

Eastern Europe: Polish, Romanian and Hungarian industrial production. Polish CPI and Czech PPI.

Nordic Europe: Swedish consumer prices, Danish producer prices, and Norway’s trade balance.

Australia and New Zealand: Australian business confidence, business conditions, consumer sentiment, labor market statistics, new home sales, and housing prices. New Zealand quarterly GDP and current account and monthly manufacturing PMI index.

Canada and Brazil: Canadian capacity utilization. Brazilian business confidence and index of leading economic indicators.

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



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