This Week’s Menu: February 25 – March 3, 2023

February 25, 2023

Central Banks: Monetary policy stances will be reviewed in Sri Lanka and Hungary. Minutes of recent credit policy meetings will be published by the Central Bank of Turkey and European Central Bank. Governor Bailey of the Bank of England and incoming Bank of Japan Governor Ueda will be speaking publicly.

Special Events: A general election is being held today in Nigerian. Group of Twenty finance ministers and central bankers heldĀ  a meeting yesterday and today in Bengalura, India.

February Purchasing Managers Surveys: Manufacturing: Australia, Indonesia, Japan, Malaysia, Taiwan, the Philippines, the Netherlands, Thailand, Vietnam, Ireland, China, India, Turkey, Russia, Poland, Spain, Italy, South Korea, Czech Republic, France, Germany, Great Britain, Brazil, Canada, Sweden, Norway, Denmark, Mexico, Euroland, Greece, and the United States. Private sector PMIs for Hong Kong, Singapore, South Africa, and Lebanon. U.A.E. non-oil sector. Service sector for Japan, India, Russia, Spain, Italy, France, Germany, euro area, U.K., Ireland, Sweden, Brazil and the United States.

Scheduled U.S. Economic Data Releases: Quarterly productivity and unit labor costs. Monthly Case-Shiller and FHFA house price indices, Richmond and Dallas Fed manufacturing surveys, durable goods orders, consumer confidence, advance merchandise trade balance, construction spending, and pending home sales. Weekly jobless insurance claims, mortgage applications, chain store sales and energy inventories.

Euroland Releases: Consumer confidence, unemployment, consumer prices, economic sentiment and PPI.

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

U.K. and Switzerland: British shop prices, mortgage approvals and Nationwide house price index. Swiss GDP. retail sales, consumer prices and KOF leading indicator.

Nordic Europe: Icelandic, Swedish and Danish GDP. Norwegian current account, Icelandic CPI and Sweden’s trade balance.

Eastern Europe: Russian and Hungarian GDP growth.

Japanese Data: Industrial production, retail sales, housing starts, consumer confidence, construction orders, monetary base, Tokyo CPI, unemployment, and index of leading economic indicators.

Other Selected Asian Data Releases: South Korean and Indian GDP. South Korean industrial production and trade balance. Singapore PPI and retail sales. India’s index of leading economic indicators.

Australia and New Zealand: Australian GDP and money and credit growth. Australian and New Zealand building permits. New Zealand retail sales and business confidence.

South Africa and Turkey: South African unemployment and money and credit growth. Turkish and South African trade balances. Turkish CPI, PPI, and GDP growth.

Canadian Releases: Quarterly GDP, productivity and unit labor costs. Monthly GDP and industrial production.

Mexico and Brazil: Mexican trade balance and unemployment. Brazilian GDP, CPI, and PPI.

Copyright 2023, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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