Next Week’s Menu: January 20 – 26, 2024

January 19, 2024

Central Banks: The 2024 calendar of monetary policy reviews finally heats up with planned interest rate decisions in China, Japan, Canada, South Africa, Turkey, Ukraine, Malaysia, Norway, and Kyrgyzstan. Minutes from the last Bank of Japan Board meeting, the Bank of Canada’s quarterly Monetary Policy Report, and the Bank of Japan’s quarterly Outlook for Economic Activity and Prices will be published.

Holiday and Special Event: Australia Day on January 26 and the New Hampshire presidential primary on Tuesday.

Scheduled U.S. Economic Data: Fourth quarter GDP. Monthly personal income, consumption expenditures, PCE price deflator, durable goods orders, new home sales, pending home sales, preliminary January Global S&P purchasing manager survey, Richmond and Kansas City Fed manufacturing surveys, advance estimate of merchandise trade deficit, Chicago Fed National Activity Index, and revised U. Michigan consumer confidence index. Weekly jobless insurance claims, mortgage applications, energy inventories, and chain store sales.

Euroland Releases: Preliminary PMI surveys, consumer confidence, and money and credit growth.

Members of the Euro Area: French and German preliminary PMI surveys. German IFO business climate index. Business confidence in France and Belgium. German, French, Belgian and Dutch consumer sentiment. Spanish and Finnish producer prices. German and French indices of leading economic indicators. Spanish unemployment.

U.K. and Switzerland: British preliminary PMI results, industrial trends survey, distributive trades survey, consumer confidence, and net public sector borrowing. Swiss trade balance and ZEW index of investor sentiment.

Eastern Europe: Estonian, Latvian and Russian producer prices. Czech business confidence and consumer sentiment. Polish retail sales.

Nordic Europe: Danish and Norwegian retail sales. Swedish and Icelandic producer prices. Danish consumer confidence and Swedish unemployment.

Japanese Releases: Tokyo CPI, customs trade balance, and index of leading economic indicators.

Other Asia: South Korean producer prices, business confidence, consumer sentiment, and GDP. Malaysian consumer prices, Singaporean industrial production, and India’s index of leading economic indicators.

Australia and New Zealand: Australian business confidence, business conditions, and flash PMI results. New Zealand fourth quarter CPI inflation.

South Africa and Turkey: South African CPI and PPI. Turkish consumer sentiment and business confidence.

Canada, Mexico, and Brazil: New home prices in Canada. Mexican trade balance and index of leading economic indicators. Brazilian CPI.

Copyright 2024, Larry Greenberg. All rights reserved. No secondary distribution without express permission.

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