Next Week’s Menu: July 16 – 22, 2022

July 14, 2022

Central Banks: Monetary policy reviews are scheduled next week at the European Central Bank and Bank of Japan and in China, Indonesia, Russia, Turkey, South Africa and Brazil. Central Bankers speaking publicly in the period include ECB President Lagarde, BOJ Governor Kuroda, and Reserve Bank of Australia Governor Lowe. The Bank of Japan’s quarterly Outlook for Prices and Economic Activity report and minutes from the last Reserve Bank of Australia policy meeting get published.

Holiday: Marine Day in Japan on Monday.

Scheduled U.S. Data Releases: Housing starts, building permits, existing home sales, National Association of Home-builders’ housing market index, preliminary S&P Global purchasing managers survey, Philly Fed manufacturing index, Treasury-compiled capital flows, and index of leading economic indicators. Also weekly jobless insurance claims, mortgage applications, energy inventories, and chain store sales.

Euroland Data: consumer prices, consumer confidence, preliminary PMI results, and construction output.

Members of the Euro Area: German and French PMI surveys. German, Portuguese, and Irish producer prices. Austrian and Cypriot consumer prices. Italian and Portuguese current accounts. French business confidence and index of leading economic indicators. Dutch and Belgian consumer confidence.

U.K. and Switzerland: British CPI, PPI, retail sales, labor market statistics, Rightmove house price index, consumer confidence, public sector net borrowing, industrial trends index, and purchasing managers survey. Swiss trade balance.

Eastern Europe: Polish, Latvian, Russian, and Czech producer prices. Russian and Polish industrial production. Polish retail sales and consumer prices.

Nordic Europe: Danish consumer confidence, Icelandic CPI, and Norwegian business confidence.

Japanese Data: Customs trade balance, consumer prices and preliminary PMI results.

Other Selected Asian Releases: Hong Kong, Malaysian and Filipino consumer prices. Indonesian and Singaporean trade balances. South Korea’s PPI.

Australia, New Zealand, Turkey and South Korea: Australian index of leading economic indicators and preliminary PMI results. New Zealand and South African consumer prices. New Zealand service sector purchasing managers index and trade balance. Turkish consumer confidence.

Canada and Mexico: Canadian and Mexican retail sales. Canadian housing starts, PPI, CPI and home prices. Mexico’s index of leading economic indicators.

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

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