Next Week’s Menu: June 22-28, 2024
June 21, 2024
Central Banks: Interest rate policy reviews are scheduled in Sweden, the Czech Republic, Mexico, Turkey, Morocco and the Philippines. Daly, Cook, Bowman and Barkin of the Fed have speaking engagements, as do Hauser and Kent of the Reserve Bank of Australia, Schnabel of the European Central Bank, Bank of Canada Governor Macklem, and Bank of England Governor Bailey. U.S. bank stress test result will be published, and the Fed’s semi-annual monetary policy report to Congress will be published. A summary of this month’s Bank of Japan Board meeting will be released.
Holidays and Special Events: New Zealanders observe a bank holiday on Friday. Government fiscal years end in Australia, New Zealand, Malaysia and Pakistan. A meeting of European Union leaders begins on Thursday, leading up to the rotation of the EU presidency on July 1 from Belgium to Hungary. Hungary’s performance in that role will be scrutinized closely given Prime Minister Orban’s far-right political beliefs, authoritarian rule and closeness to Russian President Putin. On June 30, French voters go to the polls to determine opponents in the runoff second round of parliamentary elections that will be held one week later for the 577 members of the National Assembly. The first of two U.S. presidential candidate debates between President Biden and former President Trump will be held on Thursday, June 27th.
Scheduled U.S. Data Releases: Quarterly GDP and monthly personal consumption, personal income, PCE price deflator, pending home sales, new home sales, Chicago Fed National Activity index, Chicago regional purchasing managers survey, durable goods orders, Conference Board consumer sentiment survey, U. Michigan/Reuters consumer sentiment index, advance estimate of the merchandise trade deficit, and the Richmond, Dallas and Kansas City Fed manufacturing indices. Weekly jobless insurance claims, mortgage applications, chain store sales and energy inventories.
Japan and China: Japanese industrial production, retail sales, unemployment,corporate service prices, index of leading economic indicators, housing starts, construction orders, and Tokyo consumer prices. Chinese current account, corporate profits and index of leading economic indicators.
Other Selected Asian Releases: South Korean and Singaporean industrial production. Singapore CPI and PPI. India’s current account and index of leading economic indicators. South Korean retail sales and business confidence. Filipino consumer prices.
Euroland Releases: Economic sentiment, consumer confidence, consumer prices and money and credit growth.
Members of the Euro Area: German, Italian and French consumer confidence. German, ItalianĀ and Belgian business confidence. French, Italian and Spanish consumer prices. French, Finnish and Italian producer prices. Dutch GDP, French household spending, Italian industrial sales and Austrian manufacturing purchasing managers index. GermanĀ and Spanish retail sales. German import prices and unemployment.
U.K. and Switzerland: British quarterly GDP and current account, as well as monthly GDP, shop prices, GDP, Nationwide house price index, and industrial trends and distributive trades surveys. Swiss current account and KOF-compiled index of leading indicators.
Sweden, Poland and Russia: Swedish producer prices, Polish retail sales, and Russian industrial production.
Australia and New Zealand: Australian consumer confidence, index of leading economic indicators and money and credit growth. New Zealand’s trade balance.
South Africa and Turkey: South African PPI, consumer sentiment, trade balance, money and credit growth, and balance of trade. Turkish economic sentiment.
Canada, Brazil and Mexico: Canadian monthly GDP and CPI. Brazilian producer prices. Mexican unemployment and trade balance.
Copyright 2024, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: Economic Data Calendar



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