Next Week’s Menu: August 19 – 25, 2022

August 20, 2022

Central Banks:Interest rate-setting meetings in China, South Korea, Iceland, Poland, Indonesia, and Israel.

Special Event: The annual central bank symposium at Jackson Hole, Wyoming runs August 25-27 with a timely theme this year of “Reassessing Constraints on the Economy and Policy.” One highlight will be a speech by Fed Chairman Powell on Friday.

Preliminary August Manufacturing and Service Sector Results: Australia, Japan, Great Britain, Euroland, Germany, France, and the United States.

Scheduled U.S. Economic Data Releases: Quarterly GDP and PCE price deflator. Monthly personal income and consumption expenditures, PCE price deflator, durable goods orders, pending home sales, new home sales, Chicago Fed National Activity Index, Conference Board consumer confidence index, U. Michigan index of consumer sentiment, Richmond Fed and Kansas City Fed manufacturing surveys, and advance trade deficit estimate. Weekly new jobless insurance claims, mortgage applications, chain store sales and energy inventories.

Euroland Releases: Consumer confidence and M3 money and bank credit growth.

Members of the Euro Area: German, French, Italian, Dutch, Belgian, and Finnish consumer confidence. German GDP and IFO business climate index. Spanish, Irish, and Finnish producer prices. Italian, Belgian, and French business confidence.

United Kingdom: CBI’s monthly surveys of industrial trends and distributive trades.

Eastern Europe: Russian and Czech business sentiment. Polish retail sales and Czech consumer confidence.

Nordic Europe: Danish and Norwegian retail sales. Swedish PPI and Danish consumer confidence.

Japanese Releases: Corporate service prices and Tokyo consumer prices.

Selected Other Asian Releases: Malaysian, Singaporean and Hong Kong consumer prices. Taiwanese retail sales and industrial production. Singapore GDP and industrial production. Hong Kong’s trade balance and India’s index of leading economic indicators.

South Africa, Turkey and New Zealand Data: South African CPI and PPI. Turkish consumer confidence and New Zealand retail sales.

Brazil and Mexico: Brazilian and Mexican current accounts. Brazilian consumer confidence and PPI. Mexican trade balance, GDP and index of leading economic indicators.

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

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