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August/September 2019
Economic Statistics
and Other Economic Influences |
TUESDAYS:
Weekly Chain Store Sales*
Average Hourly Earnings*
API Weekly Gas/Oil Stockpiles Report* ** (4:30p.m.)
WEDNESDAYS:
Mortgage Applications Data
EIA Weekly Report on Gas & Oil Stockpiles* (10a.m.)
THURSDAYS:
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,
Aug 25 |
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German Jul Import Price Index
G7 Summit Continues (Biarritz FR thru 26th)
OVERNIGHT into US Mon. a.m. et:
New Zeland July Trade Balance
Singapore July Industrial Production
Spain PPI
Hong Kong July Trade Balance
German Aug IFO Business
Conditions/Expectations
Brazil BCB Focus Market Readout
EEA-ESEM 34th Annual Congress of the
European Economic Ass'n+72nd European meeting of the Econometric Society
(Manchester UK thru 30th)
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Monday, Aug 26 |
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UK Summer Bank Holiday
US July Durable + Capital Goods Orders/Shipments (8:30am et)
Chicago Fed Aug National Activity Index
Brazil July current Account, Foreign Direct Investment
BoE's Broadbent, DiPace, Dreschsel, Harrison & LSE+BoE's Tenreyro discuss
Paper #51: The Brexit Vote, productivity growth & macroeconomic adjustments in the UK
@ EEA-ESEM (Manchester UK)
Dallas Fed Aug Manufacturing Survey
US Treasury Auctions $45B 3-, & $42B 6-month Bills (11:30am et)
OVERNGHT into US Tues. a.,m. et:
Japan Jul Corporate Service Prices, CPI
German Jul Retail Sales
China July Corporate Price Index &
Industrial Profits
RBA's (Aussie) Debelle speaks (Canberra)
German Q2 GDP, Private
Consumption, Gov't Spending, CapEx,
French Q3 Industrial Investments,
Jobseekers
UK BBA Jul Loans for House Purchase
ECB's de Guindos on
communication, expectations & monetary policy @34th Annual Congress of European
Economic Ass'n (Manchester UK thru 30th)
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Tuesday, Aug 27 |
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Redbook weekly store sales snapshot
(8:55am et)
FHFA June House Price Index
S&P Case Shiller June 20-city Home Price Index (9am et)
Conference Board's US Aug. Consumer Confidence (10am et)
Richmond Fed Aug Manufacturing Index
Dallas Aug Fed Services Revenues, Texas Services Sector Outlook
US Treasury Auctions $40B 2-year Notes (1pm et)
OVERNIGHT into US Wed.
UK Aug Nationwide House Price Index, BRC Shop
Price Index
Aussie Q2 Construction Work
Swiss Aug ZEW Conditions/Expectations
German Sept GfK Consumer Confidence
Eurozone Jul Money Supply
Nat'l Balance Sheet of euro area monetary
financial institutions (ex-ECB)
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Wed.
Aug 28 |
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MBA weekly
Mortgage/Refinance Apps (7am et)
Brazil Jul Lending, PPI , Fx Flows
EIA weekly Petroleum/Gasoline/Distillate Report (10:30am et; w/e 08/23)
FRB Atlanta, Stanford & UChicago Booth School Survey of Business
Uncertainty
US Treasury Auctions $18B reopened 2-year FRN (11:30am et)
US Treasury Auctions $41B 5-year Notes (1pm et)
Fed's Daly speaks on Fed's dual mandate-the tradeoffs w/Q&A @RBNZ--IMF
Conference: "Inflation Targeting: Prospects & Challenges"
(5:30pm et Wellington NZ thru 29th)
OVERNIGHT into US Thurs. a.m. et:
South Korea Sept Manufacturing BSI
Japan July Loans & Discounts
China July Swift Global Payments
New Zealand ANZ Aug Business
Confidence/Activity Outlook
Aussie Q2
Building/Plant/Machinery/Private CapEx
Spain Aug CPI, HICP
BoJ's Hitoshi Suzuki speaks (Kumamoto)
French Q2 (F) GDP
Italian Jun Industrials New Orders/
Sales, Jul PPI, HICP
German Aug Unemployment
Claims/Rate/Change, CPI, HICP
Eurozone Aug CPI, Services, Industrial,
Business & Consumer Confidence
South Africa July PPI
Canada CFIB Aug Business Barometer
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Thurs,
Aug 29 |
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Canada Q2 Current Account Balance
Brazil Q2 GDP, BCB National Monetary Council Meeting
US Q2 GDP/PCE (2nd guess; 8:30am et)
US July Int'l Trade Deficit (trigger for a Trump tweet storm?)
US weekly initial Jobless Claims/Continuing Claims
US Q2 Corporate Profits
US (adv) Q2 Retail Inventories (ex-Autos)
US (adv) Wholesale Inventories
NAR July Pending Home Sales Index
EIA weekly Natural Gas Report
US Treasury Auctions 4-, & 8-week Bills (11:30am; value not known at post)
US Treasury Auctions $32B 7-year Notes
Fed weekly Balance Sheet (final drawdown until "normalization of balance sheet
resumes)
US weekly Money Supply (4:30pm et)
OVERNIGHT into US Fri. a.m. et:
South Korea July Industrial Production,
Service Sector Output
New Zealand July Building Permits, ANZ
Aug Consumer Confidence
UK Aug Lloyds Business Barometer, GfK Aug
Consumer Confidence
Japan July Jobless
Apps/Rate, Retail Sales, Industrial Production, Aug CPI
South Korea Aug Interest Rate Decision
Aussie July Building Approvals, Private
Sector Credit
Japan July Vehicle Production, Housing
Starts, Construction Orders
UK July Mortgage Approvals, Net Consumer
Credit, Money Supply M4
German Retail Sales
Spain June Current Account, July Retail
Sales
Hong Kong July Retail Sales
(demonstrations destroyed city center)
Italy July Unemployment Rate, Q2 (F) GDP,
Aug CPI, HICP, Q2 GDP
India Q2 GDP, July Infrastructure Output
South Africa July Trade Balance
Eurozone Jul Unemployment
Report/Change, Aug CPI
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Friday, Aug 30 |
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US July Personal Income &
Outlays/Savings Rate/PCE (8:30am et)
Canada June+Qtr GDP, Industrial Product & Raw Materials Price Indices, Budget Balance
Chicago Aug PMI (9:45am et)
Brazil Jul Budget Balance, Debt-to-GDP Ratio
U.M. Final Aug. Consumer Sentiment (10am et)
Baker-Hughes US/North American Rig Count (1pm et)
USDA Farm Prices (3pm et)
US Memorial Day Weekend Exodus Begins
OVERNIGHT into US Sat. a.m et:
South Korea Aug Trade Balance
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Saturday, Aug 31/
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China Aug Manufacturing,
Non-Manufacturing + Composite PMI
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Sunday, Sept. 01 |
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US Boosts 25% Tariffs on
Chinese Imports to US to 30%, and Adds new 15% Tariffs on $160B of additional Chinese
Imports to US
FASB start date for new rule forcing Lease Oligations to
be accounted for on Balance Sheets, in Q4
OVERNIGHT into US Mon. a.m. et:
Aussie AiG Performance of Manufacturing Index,
CBA Aug Mnftg PMI, CoreLogic House Price Index, Aug TD Securities Inflation/Sept
Expectations, Q2 Corp. Profits & Inventories, ANZ Aug Job Ads, Commodity Index
So. Korea Nikkei Aug Manufacturing PMI
China Caixin Aug Manufacturing PMI
Japan Aug Official Reserves, Q2 Capital
Spending, Corporate Profits , Nikkei Mnftg PMI
India Nikkei Aug Mnftg PMI
Russia Markit Aug Mnftg PMI
Swiss July Retail Sales, Aug Manufacturing PMI
Markit Eurozone, Germany, Italy, Spain
Aug Manufacturing PMI
Hong Kong Fx Researves
South Africa Aug Total Vehicle Sales
ECB 'Mersch Keynotes ECB Legal
Conference "Building Bridges-central banking law in an interconnected
world" (8:45cet) ECB's Lautenschlager chairs panel "Autonomy of interpretations
of Union law by the CJEU" @ECB Legal Conf (11:15cet)
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Monday, Sept 02 |
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US National Holiday--Labor
Day ALL US Markets CLOSED
Canada Labour Day Holiday, Banks & Markets Closed
ECB VP de Guindos panel chair "The application of national law by
ECB" (14:00 cet) ECB's Couere chairs panel "Extraterritorial
sanctions, central banks & financial services (15:45cet) @ECB Legal Conference
Brazil Aug Trade Balance, Markit Mnftg PMI
BoE's Brazio speaks at Jt BoE/Edinburgh Futures Institute on "Sustaining
Financial Resilience" (18:00gmt; Edinburgh)
Mexican Markit Aug Manufacturing PMI
OVERNIGHT into US Tues. a.m. et:
South Korea Q2 GDP, Aug CPI
Aussie Q2 GDP, Current Account Balance, Jul
Retail Sales
RBA (Aussie) MPC Interest Rates
Decision (09/03 local time)
UK Markit Aug Manufacutring PMI,
BRC Like-for-Like Sales
Swiss Aug CPI, & SNB Presentation of New
100-Franc Note
UK Markit/CIPS Aug Construction PMI
Eurozone July PPI
South Africa Mnftg PMI, Q2 GDP
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Tuesday Sept 03 |
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US August Vehicle Sales (ex-GM
& F)
Canada RBC Aug Manufacturing PMI
ECB's Enria panel chair "The institution of 'close cooperation' in
the SSM" @ECB Legal Conference (13:30cet)
US Aug. Manufacturing PMI (9:45am et)
US ISM Manufacturing Index/Orders/Prices Paid/Employment Outlook (10am
et)
US July Construction Spending & Annual Revisions
US Treasury Announces Value of 4-, & 8-week Bills to be Sold 09/05 (11am et)
US Treasury Auctions $45B 3-, & $42B 6-month Bills (11:30am et)
Fed's Rosengren on US Economy w/Q&A @Stonehill College (Easton MA 5pm
et)
OVERNIGHT into US Wed. a.m. et:
Aussie Q2 GDP, Aug Performance of Services
Index, CBA Services + Composite PMI, CapEx
BoJ's Kataoka speaks (Hakodate)
China Caixin Aug Services + Composite
PMI
India Nikkei Aug Services PMI
South Africa Standard Bank Aug PMI
Markit Eurozone, Germany, Italy,
France, Aug Services+Composite PMI
Ward's US Aug Vehicle Sales
UK Markit/CIPS Aug Services+Composite PMI, Aug
Official Reserves
Eurozone Jul Retail Sales
ECB's Enria introductory
statement at ECON hearing of the EU Parliament (Brussels 9:00cet)
ECB's Lane keynotes 50th
Anniversary Conference "The Money, Macro & Finance Research Group (13:00cet
London)
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Wed.,
Sept 04 |
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MBA weekly Mortgage/Refinance Apps
UK Treasury Select Committee Hearing on August Inflation Report (14:15gmt)
ECB's Mersch hearing on his appointment as Vice Chair of ECB Supervisory Board
@EU Parliament (Brussels 16:00cet)
ECB's Lane speaks (London)
US July Int'l Trade Deficit (8:30am et)
Former Fed Gov Donald Kohn @"Money Macro & Finance" 50th
Anniversary Conference (London 17:00gmt)
ECB's de Guindos speaks at Annual US-EU Symposium hosted by Program on
Int'l Financial Systems (PIFS; Frankfurt 18:30 cet) )
Canada Q2 Labor Productivity, Jul Int;l Trade Balance
Redbook weekly store sales snapshot (8:55am et)
Fed's Williams keynotes "Real
Return XIII: The Inflation-Linked Products" Conference from Euromoney
& Global Capital (9:30am et NY)
Brazil Markit Aug Services + Composite PMI
Fed Gov Bowman & Fed Pres Bullard host Fed Listens (12:30pm St
Louis FRB MO)
Bk of Canada MPC Interest Rate Decision
Fed's Beige Book released (2pm et)
Fed's Evans opens "Forging a New Path for North American
Trade: The Auto Sector" @FRB
Chicago's Detroit branch (3:15pm edt thru 5th)
OVERNIGHT into US Thurs. a.m. et:
New Zealand Aug Volume of All Buildings
Japan Aug Foreign Purchases of Japan
Bonds & Stocks, Nikkei Services PMI
Hong Kong Aug Nikkei Mnftg PMI
(protests disrupted)
Aussie Jul Trade Balance
Swiss Q2 GDP
Germany Jul Factory Orders
ECB's de Guindos opens
4th Annual ECB Research Conference (@ECB Frankfurt)
Markit Germany Aug Construction PMI
SNB (Swiss) Chief Jordan speech
"Wahrungen, Geld und digitale Token" (Currency, Money & digital Tokens"
Basel, Suisse)
UK Aug New Car Registrations
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Thurs.
Sept 05 |
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Challnger Aug Job-Cut Report
(7:30am et)
ADP Aug Private Sector Employment Report (8:15am et)
US weekly Jobless Claims/Continuing Claims (8:30am et)
US Aug Chain Store Sales
Russia CPI, & Central Bank Fx Reserves
US Q2 non-Farm Productivity & Costs
US Services PMI (9:45am et)
US July Factory Orders (10am et)
US Jul Final Durable Goods/Capital Goods Orders, Shipments
US Aug Non-Manufacturing ISM
BoE's Teneyro speaks @ ECB Research Conference (Frankfurt)
EIA weekly Natural Gas Report (10:30am et; w/e 08/30)
EIA weekly Petroleum/Gasonline/Distillates Report (11am et; w/e 08/30)
US Treasury Refunding Announcement (11am et)
US Treasury Auctions 4-, & 8-week Bills (value not yet announced at post; 11:30am et)
BoC's Schembri Delivers Economic Progress Report
Fed weekly Balance Sheet & US weekly Money Supply (4:30pm et)
OVERNIGHT into US Fri. a.m. et:
Japan Jul Labor Cash Earnings, Overall
Household Spending & Wage Income
German Jul Industrial Production
Eurozone Q2 GDP, Employment Report,
Labor Costs, Gross Fixed Capital, Gov't Expenditureds. Household Consumption
French July Current Account & Trade Balance
Aussie Fx Reserves
Italian Jul Retail Sales
UK Halifax Aug House Prices,
BoE/TNS Aug Inflation Expectations
ECB's de Guindos speaks @45th
Annual Forum on "Intelligence on the World, Europe, & Italy" hosted by
Ambrosetti (11:15 cet; Cernobbia Italy)
Brazil Aug IPCA Inflation Index SA, CPI
Russian CBR Press Conference
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Friday,
Sept 06 |
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US Aug Unemployment
Rate/Change/Participation/Ccontinuing Claims (8:30am et)
Canada Aug Employment Report/Change/Participation/Continuing Claims
US Census Quarterly Services Report (10am et)
Canada/Ivey Aug PMI
Fed Chair Powell (stream) "Economic
Outlook & Monetary Policy" discussed with SNB Chair Jordan
hosted by Swiss Institute of Int'l Studies (12:30pm et Univ of Zurich Suisse)
Baker-Hughes weekly US/North American Rig Count (1pm et; w/e 08/30)
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Saturday,Sept 07 |
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China Aug. Fx Reserves |
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WEEKS AHEAD: 09/12 ECB
MPC Meets
09/17--18 FOMC Meets, Member Forecasts Updated, Powell Presser
09/19 BoE MPC Meets
SNB MPC Meets
BoJ MPC Meets
Norges Bk (Norway) MPC Meets
09/24 RBNZ (New Zealand) MPC Meets
09/28 Bk of Mexico MPC MEets
*FOMC 2019 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, newly (Sept) sworn in Richard Clarida, plus New York Fed Pres,
currently John Williams (Formerly of the San Francisco Fed) who replaced William
Dudley, who retired from the bank on June 15, 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. San
Francisco Fed named Mary Daly Pres/CEO as of 10/1/2018, who'll be a voter until Feb. The
hole in the San Francisco Fed's hierarchy resulted in Esther George--a very vocal
hawk--becoming a voting member of the FOMC, but she steps aside as of Mary Daly's swearing
in, and returns as a voter in Feb 2019. Cleveland Fed's voter, Loretta Mester, a
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 (unintentionally)
leaked sensitive FOMC discussions to Medley Advisors. Richmond operated with an Interim
Pres, Mark L Mullinix, while searching for its new leader, Thomas Barkin, who arrived Jan
1st 2018.. Dissenters at the Dec. 2017 Meeting, Neel Kashkari & Charles Evans, are no
longer voters in 2018. |
* HICP used in Europe, means Harmonized Index of Consumer Price |
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