Next Week’s Menu: June 25 – July 1, 2022

June 24, 2022

Central Banks:  Monetary policy reviews are scheduled in Thailand, Sweden and Hungary. The Bank of Japan will be publishing its quarterly Tankan survey of corporate conditions and expectations, as well as a summary of its most recent Board meeting. Bank of Governor Bailey speaks publicly.

Holiday and Events: The annual summit of G7 leaders will take place in Schloss Elmau, German from June 26 to June 28. Canadians will be celebrating Canada Day on July 1, which also will mark the start of a new calendar quarter and the start of the Czech Republic’s six-month turn holding the EU presidency.

Manufacturing Purchasing Manager Surveys: for a slew of economies, including Austria, Australia, China, India, Ireland, the Philippines, Malaysia, Japan, South Korea, Taiwan, Thailand, Vietnam, India, Russian, the Netherlands, Poland, Turkey, Spain, the Czech Republic, Italy, France, Germany, Switzerland, Sweden, Brazil, Euroland, Mexico, Denmark, Hungary, South Africa, Norway, and the United States.

U.S. Economic Data Releases: Quarterly GDP, and monthly personal income, personal consumption, PCE price deflator, construction spending, pending home sales, FHFA and Case Shiller house price indices, consumer confidence, durable goods orders, advanced trade balance, and the Dallas Fed and Richmond Fed manufacturing indices. Weekly jobless insurance claims, chain store sales, mortgage applications and energy inventories.

Japanese and Chinese Releases: Japanese retail sales, industrial production, unemployment, housing starts, construction orders, consumer confidence, Tokyo consumer prices, and index of leading economic indicators. Chinese corporate earnings and index of leading economic indicators.

Other Selective Asian Releases: South Korean industrial production, retail sales, construction output, consumer confidence, business sentiment, and trade balance. Hong Kong, Indian, and Thai trade balances. Malaysian, Filipino and Singaporean producer prices. Taiwanese and Filipino consumer sentiment. Filipino and Thai business confidence. Thai retail sales and industrial production. Hong Kong retail sales and Indonesian consumer prices.

Euroland Releases: Quarterly GDP and monthly unemployment, CPI, economic sentiment, and money and credit growth.

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

U.K. and Switzerland: British GDP, shop prices, Nationwide house price index, and mortgage approvals. Swiss retail sales, ZEW expectations index and KOF index of leading economic indicators.

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

Eastern Europe: Hungarian PPI and trade balance. Russian GDP, industrial production, and unemployment.

Australia and New Zealand Releases: Australian retail sales and NBNZ index of New Zealand business confidence.

Turkey and South Africa: Turkish and South African trade balances. South African consumer sentiment and money and private credit growth.

Canadian Releases: Monthly GDP and industrial production.

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



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