Next Week’s Menu: November 10-17, 2023

November 11, 2023

Central Bank News: Filipino monetary policy will be reviewed.

Special Focus: U.S. and Chinese Presidents Biden and Xi to hold talks Wednesday on the sideline of the APEC Conference in San Francisco. Temporary debt ceiling deadline on November 17 to avoid federal shutdown.

Scheduled U.S. Data Releases: Consumer prices, producer prices, import prices, retail sales, capacity utilization, industrial production, housing starts, building permits, Philly Fed manufacturing survey, Empire State manufacturing index, KC Fed manufacturing index, small business sentiment, October Federal budget deficit, and Treasury-compiled capital flows. Weekly jobless insurance claims, chain store sales, energy inventories, and mortgage applications.

Euroland Releases: 3Q GDP and employment growth. Monthly ZEW expectations index, industrial production, current account, trade balance and consumer prices.

Members of the Euro Area: Italian, Spanish and French consumer prices. German wholesale prices and  ZEW index of investor sentiment. German and Italian current accounts. Finnish, Cypriot, and Dutch GDP. Ireland’s construction purchasing managers survey.

U.K. and Switzerland: British CPI, PPI, retail sales, Rightmove house price index, and labor market statistics. Swiss import prices, producer prices, and industrial production.

Nordic Europe: Danish and Norwegian GDP.

Eastern Europe: Hungarian and Slovakian GDP.

Japanese & Chinese Releases: Japanese GDP, machinery orders, machine tool orders, producer prices, import prices, industrial production, capacity usage, and trade balance. Chinese industrial production, capacity utilization, retail sales, fixed asset investment, unemployment and house prices.

Selected Other Asian Data: Indian wholesale prices and CPI. Indian and Indonesian trade balances. Malaysian and Indonesian current accounts. South Korean import prices and unemployment.

Australia and New Zealand: Australian business confidence, business conditions, consumer confidence, and quarterly labor costs. New Zealand PPI and food prices.

Canada: Housing starts, PPI and survey of manufacturing sales, orders and inventories.

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

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