wall street in advance

April 2018 Economic Statistics
and Other Economic Influences

                Weekly Chain Store Sales*
                 Average Hourly Earnings*
                 API Weekly Gas/Oil Stockpiles Report*  **
Mortgage Applications  Data
                 EIA Weekly Report on Gas & Oil Stockpiles* (10a.m.)
                 Weekly Unemployment Report*
                  Weekly Mutual Fund Flows*
                   Natural Gas Storage Levels* (a.m.)

 *Except Holidays    ** As of 1/09         All Dates Subject to Change:
Sunday,   April 15     OVERNIGHT into US Mon. a.m. et:
         BoJ Dpty Gov Amamiya speech at IMF-hosted FinTech Seminar (Tokyo)
         German March Wholesale Price Index
         India March Wholesale Price Index, Manufacturing Inflation
         Swiss Mar Producer & Import Prices
         UK Right Move House Price Index
Monday, April 16 US March Retail Sales
Empire State April NY Fed Manufacturing Survey
US Feb Business Inventories
Russia Industrial Production
NAHB April Housing Market Index
CES on the Hill
(Capital Hill Washington DC)
US Treasury Auctions $48B 3-, & $42B 6-month Bills
Fed's Bostic speaks w/Q&A on Eco & Rural Market Trends @Shoals Chamber of Commerce (1:15pm Florence AL)
US Feb. TICS  (4pm et)
    OVERNIGHT into US Tues. a.m. et:
         Singapore March Trade balance
         Japan March Department Store Sales
         China Q1 GDP, Mar. Retail Sales, Industrial Production, Fixed Asset Investment
         China NBS Press Conference
         Japan Feb Industrial Production/Capacity Utilization 
         Italy March CPI & HICP
         New Zealand March Non-Resident Bond Holdings
         UK ILO Feb Unemployment Rate/Change/Claims/March Claimant Count
         German ZEW April Survey Sentiment/Expectations/Current Situation
Tuesday, April 17 US 2017 Personal Federal Tax Returns Must be Postmarket by Midnight Today
US March Housing Starts/Building Permits

Redbook weekly chain store sales snapshot
World Bank Group & IMF Joint Meetings (thru 22nd  Bank Pres Kim Presser 9am)
Canada Feb Manufacturing Sales, Int'l Securities Transactions
Fed's Williams on "Global Recovery: The Good, the Bad, and the Ugly" at NABE-Bk of Spain Event w/Q&A (9:15am? Madrid Spain)
US March Industrial Production/Capacity Utilization
27th Annual Hyman P Minsky Conference: "Financial Stability in a World of Rising Rates & the Repeal of Dodd-Frank" (Annandale-on-the-Hudson, NY thru 18th)
Fed Gov. Quarles at US House FinServices Cmte: "The Semiannual Testimony of the Federal Reserve's Supervision & Regulation of the Financial System" (D.C.)
Fed's Harker "The Economics of Equitable Education: How Today's Loans, Access & Training Affect Tomorrow's Economy," w/Q&A at St Joseph's Univ. (Philadelphia 11am)
Swedish Central Bank Gov Ingves panelist on impact on Central Banks from Digitailization of Money (D.C.)
Fed's Evans on current eco conditions/monetary policy @Chicago Rotary Club Lunch w/Q&A that includes media (Chicago 1:40pm)
    OVERNIGHT into US Wed. a.m. et:
         Japan March Trade Balance (Imports/Exports)
         China March New Homes & Properties Prices
         EU 25 March New Car Registrations
         UK March CPI, Retail, Producer & (Feb) House Price Indices
         German Mar Wholesale Price Index
         Italy Feb Industrial New Orders/Sales
         EU Feb Construction Output, March CPI
Wed.,     April 18 MBA Mortgage/Refinance Applications
Russia Mar Unemployment Rate, PPI, Retail Sales
Fed's Dudley on "The US Economic Outlook & The Implications for Monetary Policy" at City Univ of NY Lehman College (Bronx)
EIA weekly Petroleum/Gasoline/Distillates Report (10:30am et for w/e 04/13)
BoC (Canada) MPC Rate Statement (Ottawa Canada)
BoC Gov Poloz & Dpty Wilkins press conference on Monetary Policy Report
FOMC Beige Book (2pm et)
      OVERNIGHT Into US Thurs. a.m. et:
           South Korea March PPI
           New Zealand Q1 CPI
           China Mar. FX Reserves
           UK CBI April Business Optimism, Selling & Order Trends
           Aussie March Unemployment Rate/Change/Participation, NAB Qtr Business Confidence
           RBA (Aussie) March FX Transactions
           Eurozone Feb Current Account
           UK March Retail Sales
           Hong Kong March Unemployment Rate
Thursday, April 19 US weekly Jobless Claims
Canada ADP March Payrolls Report
IMF Chief Lagarde Press Briefing (8:45am et), World Bank's Kim News Conference
Philadelphia Fed March Business Outlook Survey
EIA weekly Natural Gas Report
Kevin Hassett (CEA), Nomura's Alexander, Brevan Howard's Cummins, PGIM's Nathan Sheets, Chirstopher Giancarlo (Chair CFTC), BlackRock's Novick, JPM's O'Connor, US Dept of Treasury's Sawyer, John Taylor, Jason Furman, Jared Bernstein, MetLife's CIO, Carlyle Group's Marino, Ford Motor speak at Institute of Int'l Finance Washington Policy Summit (Washington DC)
Fed's Quarles testifies @Senate Banking Cmte: "The Semiannual Testimony of the Federal Reserve's Supervision & Regulation of the Financial System" (D.C.)
75th Anniversary Celebration of Albert Hoffman's Discovery of LSD, upon which he founded the A. Hoffman LaRoche Pharmaceutical giant.
US Treasury Refunding Announcement
US Treasury Auctions $16B 5-year TIPS
Norges Bank Dpty Gov Nicolaisen speaks @36th Annual Monetary & Trade Conference: Cryptocurrencies in the Global Economy (Philadelphia)
US weekly Federal Reserve Balance Sheet & Money Supply
    OVERNIGHT INTO US Fri. a.m. et
         Fed's Mester
on Eco outlook & policy at "Evening with Dr. Loretta J Mester" w/ Q&A, sponsored by Univ of Pittsburg Grad School of Biz + Deloitte (6:45pm Pittsburgh)
          Japan March CPI, Supermarket & Convenience Store Sales, Feb Tertiary Industry Index
          Japan April Reuters Tankan Index
          German Mar. PPI
          Spain Trade Balance
Friday,    April 20 Canada March CPI, Feb Retail Sales
Fed's Evans on current Eco conditions & monetary policy @Graaskamp Center Spring Board Conference w/Q&A, includes media (Chicago 9:40am)
Fed's Williams participates in fireside chat at UC Berkeley Ctr for Real Estate & Urban Economies (11:15am Pebble Beach CA)
Baker-Hughes weekly US/North America Rig Count (1pm et)
IMF/World Bank Jt Mtg participants: Norges Bank Dpty Gov Nicolaisen, Swedish Bank Gov Ingves, German FinMin, Bundesbank's Weidmann
Saturday, April 21 World Bank Group/IMF Joint Spring Meeting (D.C. thru 22nd)
BoE's Carney, & Greek FinMin Tsakaotos participate at IMF Spring Meeting
Sunday,   April 22 World Bank Grouup/IMF Joint Spring Meeting Final Press Conference (DC)
BoC Dpty Gov Wilkins participates at IMF
G7 Meets, BoE Dpty Gov Broadbent participates
G20 News Conference following talks on sidelines of IMF/World Bank Mtg
    OVERNIGHT into US Mon a.m. et:
         Japan April (P) Manufacturing PMI
         New Zealand Mar. Credit Card Spending
         Markit France, German & Eurozone Apr. (P) Manufacturing, Services, + Composite PMI
         Hong Kong March CPI
         Canada Feb Wholesale Trade Sales
Monday, April 23 Chicago Fed National Activity Index
Markit US Flash Manufacturing/Services/Composite PMI
Canada Feb Wholesale Sales, BoC's Poloz & Wilkins at House of Commons Standing Cmte on Finance Meeting 
US March Existing Home Sales
US Treasury Auctions $48B 3-, & $42B 6-month Bills
    OVERNIGHT into US Tues. a.m. et:
RBA (Aussie) Kent speaks (Sydney)
         Japan Mar. Corporate Service Prices + Supermarket Sales & Machine Tool Orders
         German March Import Price Index
         Aussie 18Q1 CPI
         Swiss March Imports/Exports/Swiss Watch Exports - Trade Balance
         German IFO April Business Climate/Expectations/Current Assessment
         UK Mar Central Gov't NCR, Public Sector Net Borrowing, CBI April Orders & Selling Trends/Prices/Optimism
          EU Commission VP Dombrovskis speaks in London on financial stability & financial services industry ahead of Brexit
          Bk of France Gov Galhau city lecture, in London
Tuesday, April 24 Redbook weekly Store Sales Snapshot
S&P CoreLogic Case Shiller Feb Home Price Index
FHFA Feb Home Price Index
US New March Home Sales

Conference Board's April Consumer Confidence
Richmond Fed Manufacturing Index
US Treasury Auctions $26B 52-week Bills(11:30am et) + $32B 2-year Notes (1pm et)
    OVERNIGHT into US Wed. a.m. et:
         Japan Feb All Industry Activity Index
         Swiss April ZEW Survey
        Australia & New Zealand Holidays (04/25 local time)
        French April Jobseekers & Cibsynner Confidence
        Spain PPI
        ECB's Knot speaks at Bk of France Conference "Non-bank Finance: Trends & challenges (Paris) ECB's Lane on the same topic
Wed.       April 25 MBA weekly Mortgage/Refinance Applications
EIA weekly Petroleum/Distillate/Gasoline Status (10:30am et)
Brazil March Current Account, & Foreign Direct Investment + Fx Flows
US Treasury Auctions $17B 2-yr FRN (11:03am) + $35B 5-Year Notes (1pm et)
    OVERNIGHT into US Thurs. a.m. et
        China March Swift Global Payments

        South Korea Q1 GDP
        Aussie Q1 Import/Export Price Indices
        Singapore Mar. Industrial Production
        Canada CFIB Apr. Business Barometer
        Riksbank (Sweden) MPC Meets (Stockholm)
        Spain Q1 Unemployment Rate
        Hong Kong March Imports/Exports
        BoJ MPC Meets (2-days)
        UK Mar. BBA Loans for House Purchases, April CBI Reported Sales
        South Africa Mar PPI
        ECB MPC Meeting Ends with Statement on Interest Rates (Frankfurt)
        Riksbank Interst Rate Decision & Monetary Policy Report
Thursday, April 26 US March Durable Goods Orders/Shipments
US Int'l March (Adv) Trade Deficit
Post-ECB Meeting Draghi Press Conferernce

US weekly Jobless Claims
US (adv) Wholesale & Retail Inventories
EIA weeky Natural Gas Report
K.C. Fed Manufacturing Index
US Treasury Auctions $29B 7-year Notes
Brazil Mar Bank Lending
US weekly Fed Balance Sheet & Money Supply
    OVERNIGHT into US Fri. a.m. et:
        South Korea May Manufacturing BSI Index
        New Zealand March Trade Balance
        UK GfK Apr Consumer Confidence
        Japan Mar Jobless Rate, April CPI, Mar (P) Industrial Production, Retail Trade
        German March Retail Sales
        BoJ post-Meeting Statement, Rate Decision, 10-yr yield Target, Outlook
        Aussie Q1 PPI
        Singapore Q`1 Unemployment Rate + URA Q1 Property Index
        China Mar Industrial Profits
        Japan March Vehicle Production, Housing Starts, Construction Orders
        SNB (Swiss) Q1 Currency Allocation
        French & Spanish Q1 GDP, CPI, HICP
        Italian Mar. PPI
        German Apr Unemployment Claims, Rate/Change
        SNB's Jordan & Studer speak at Central Bank's AGM (Bern)
        UK Feb Index of Services, Q1 GDP, Apr. Nationwide HPI
        BoJ post-Meeting Press Conference
        Eurozone April Economic, Business, Industrial & Services Confidence 
        Russia Central Bank April Interest Rate Decision (current 7.25%)
        India Bank Loan & Deposit Growth, Fx Resesrves
Friday,     April 27 US 18Q1 GDP +PCE (1st crack)
18Q1 Employment Cost Index (ECI)
Chicago April PMI
Canada Feb Budget Balance
U.M. Final April Consumer Sentiment
Baker-Hughes weekly Rig Count (1pm  w/e 04/20)
USDA Farm Prices  (3pm et)
    OVERNIGHT into US Sat. a.m. et:
         Japan Household Spending
Saturday, April 28

         WEEKS AHEAD:  05/01--02   FOMC 2-day Meeting

*FOMC 2018 Voting Members:  Chairperson Jerome Powell, as of 02/05/18, and ALL members of the FOMC Board of Governors are permanent voters: That includes Randall Quarles, & Lael Brainard, plus New York Fed Pres, currently William Dudley, who plans on retiring in 2018.:New, revolving Regional Fed Bank leaders who are voters for 2018: Atlanta Fed Pres. Raphael Bostic, new in August 2017 (replaced Dennis Lockhart), former McKinsey exec Thomas Barkin, who assumed the title of Pres of Richmond Fed on 01/01/18, plus veterans John Williams, who became Pres of the San Francisco Fed after Janet Yellen became Fed Chairperson, and Cleveland Fed's Loretta Mester, a very vocal hawk who wants rates raised at a quicker pace because she believes the Fed has, already, fallen behind the curve.  Richmond wound up with an opening, after Jeff Lacker resigned, in early April 2017, when it became known he'd leaked sensitive FOMC discussions to Medley Advisors. Richmond operated with an Interim Pres, Mark L Mullinix, while searching for a new leader. Dissenters at the Dec. 2017 Meeting, Neel Kashkari & Charles Evans, are no longer voters in 2018. Hawk Mester votes in 2018..