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

August 31-September 6, 2024 – Currency Thoughts


Coming Week’s Menu: August 31-September 6, 2024

August 31, 2024

Central Banks: Interest rate policies will be reviewed in Canada, Poland and Malaysia. NY Fed President Williams has a public speaking engagement, and the Federal Reserve Beige Book of regional economic conditions gets published.

Events and Holidays: German state elections in Saxony and Thuringia are scheduled for tomorrow, September 1, and the U.S. and Canadian markets will be shut Monday for respective Labor Day holidays.

Purchasing Manager Surveys: Over 60 August surveys from numerous economies and covering manufacturing, service sector activities, and construction will be published.

Other Scheduled U.S. Economic Releases: Quarterly unit labor costs and productivity. Monthly Labor Dept employment situation figures , JOLTS data of job hires and quits, RCM/TIPP optimism index, car sales, construction spending, ADP estimate of employment, and the goods and services trade balance. Weekly jobless insurance claims, energy inventories, chain store sales and mortgage applications.

Euroland Releases: 2Q GDP and employment growth and monthly retail sales and producer prices.

Members of the Euro Area: Italian, Irish, Cypriot, Austrian, and Slovakian GDP. German, French, Latvian, Estonian, and Portuguese industrial production. Italian, Dutch and Slovakian retail sales. Estonian and Cypriot consumer prices. Italian PPI and Austrian wholesale prices. German, French and Finnish trade balances. Irish unemployment and French current account.

U.K. and Switzerland: British same-store sales and Halifax house price index. Swiss consumer prices, GDP, unemployment, and consumer confidence.

Eastern Europe: Hungarian, Romanian, and Bulgarian GDP and retail sales. Hungarian, Croatian, and Czech industrial production. Romanian PPI and Hungary’s trade balance.

Nordic Europe: Swedish and Norwegian current accounts. Norwegian industrial production.

Japanese Data: Quarterly business investment and monthly reserves, household spending, monetary base and index of leading economic indicators.

Other Asia: South Korean, Filipino and Indonesian consumer prices. South Korean trade balance, current account, GDP, and index of leading economic indicators. Singaporean retail sales and Filipino unemployment.

Australia, Turkey and South Africa: Australian building permits and home loans. Australian and Turkish trade balances. Turkish CPI and PPI. Turkish and South African GDP. South Africa’s current account.

Canada, Mexico and Brazil: Canadian employment, unemployment, wage growth, and IVEY-PMI index. Mexican business confidence and unemployment. Brazilian GDP, CPI and trade balance.

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

Tags:




ShareThis

You can leave a response, or trackback from your own site.



Source link

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *