Second Quarter Euroland GDP Growth and Some Central Bank Rate Announcements – Currency Thoughts

June 13-19, 2026 – Currency Thoughts


Next Week’s Menu: June 13-19, 2026

June 12, 2026

Central Banks: A slew of monetary authorities will be reviewing monetary policies next week, including those in the United States, Great Britain, Japan, Sweden, Norway, Taiwan, Russia, Ukraine, Pakistan, Brazil, Indonesia, the Czech Republic, Switzerland, Moldova, and the Philippines. It will be the first FOMC meeting not chaired by Jerome Powell in eight year. That baton  has been passed on to Kevin Warsh, a former Fed Governor who’ll preside over the press conference following the Fed’s interest rate decision. Update macroeconomic forecasts will then be unveiled, but the Fed is not expected to change the federal funds rate target. The Bank of Japan Board meeting early in the week will not be overseen by Governor Ueda, who is currently in hospital.

U.S. Holiday: Juneteenth Day on Friday.

Scheduled U.S. Data Releases: Monthly import prices, industrial production, capacity usage, building permits, retail sales, the NAHB housing index, the Empire State and Philly Fed manufacturing surveys, Treasury-compiled capital flows, and the indices of leading and coincident economic indicators. Weekly jobless insurance claims, energy inventories, mortgage applications and chain store sales.

Japanese and Chinese Releases: Japanese customs trade balance, machinery orders, consumer prices, and tertiary index. Chinese industrial production, retail sales, property prices, unemployment, fixed asset investment and foreign direct investment.

Other Asian Releases: Malaysian consumer prices, Indian wholesale prices, and producer prices in South Korea and the Philippines. Indian and Singaporean trade balances.

Euroland Releases: Consumer prices, the current account, trade balance, construction output, industrial production, ZEW survey of investor sentiment, and index of leading economic indicators.

Members of the Euro Area: German PPI, WPI, index of leading economic indicators, and ZEW expectations survey. Finnish, Cypriot, Italian and Slovakian CPI. Slovenian consumer confidence and PPI. Italian retail sales and trade balance. French indices of leading and coincident economic indicators.

U.K. and Switzerland: British Rightmove house price index, CPI, PPI, consumer confidence, retail sales, labor market figures and public sector net borrowing. Swiss trade balance, producer prices and import prices.

Eastern and Nordic Europe: Romanian, Polish and Icelandic consumer prices. Czech and Latvian PPIs. Romanian industrial production.

Australia and New Zealand: Australian employment, unemployment and Westpac-compiled index of leading economic indicators. New Zealand monthly food prices and service sector purchasing managers survey as well as quarterly GDP and current account

Turkey and South Africa: Turkish and South African retail sales. Turkish business sentiment.

Canada: Housing starts, PPI, retail sales and manufacturing shipments, orders and inventories.

Brazil and Mexico: Brazilian retail sales and index of leading economic indicators. Mexican economic activity index.

Copyright 2026, Larry Greenberg. All rights reserved.

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