wall street in advance

August 2019  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,    Aug 04 Back-to-School Sales Tax Holidays continue in:  AR, FL, IA, LA, MO, NM, OH, OK, SC, VA, WI  (thru 5th for most, some the 6th)b
    OVERNIGHT into US Mon. a.m. et:
         South Korea Jul Fx Reserves
        Aussie AiG Jul Performance of Services, CBA Services + Composite PMI, TD Securities Inflation
        China Caixin Jul Services & Composite PMI
         Hong Kong Jul Manufacturing PMI
         India Nikkei Jul Services PMI
         Swiss Jun Retail Sales & Jul SECO Consumer Confidence
         Markit Eurozone, France, Germany, Italy Jul Services & Composite PMI
         France Jun Industrial Production
         South Africa Jul Standard Bank PMI 
         UK Jul New Car Registrations, Markit/CIPS Services+Composite PMI
         Brazil BCB Focus Market Readout
         BoE Q2 Asset Purchase Facility Quarterly Report
Monday,   Aug 05 Brazil Markit Jul Composite+Services PMI
US Markit July Services + Composite PMI  (9:45am et)
US ISM non-Manufacturing Index (10am et)
US Treasury Auctions $39B 3-, $39B 6-month Bills (11:30am et)
TD Ameritrade IMX (12:30pm et)
    OVERNIGHT into US Tues. a.m. et:
         New Zealand Q2 Unemployment Rate/Change/Participation/Wages
         Aussie Jun Trade Balance, ANZ Jul Job Ads
         UK BRC July Like-for-Like Sales
         Japan Jun Household Spending, Labor Cash Earnings
        RBNZ (New Zealand) MPC Interest Rate Decision  (08/06 local time)
         RBA (Aussie) MPC Interest Rate Decision  (08/06 local time)
         Russia CPI
         Germany Jun Factory Orders & Jul Markit Construction PMI   
Tuesday,  Aug 06 US Q2 Mortgage Delinquencies & Foreclosures
Redbook weekly store sales snapshot (8:55am et)
US June JOLTS (Job Turnover Quits 10am et)
Fed's Harker introductory remarks @"Neuroeconomics & Financial Decision Making: Foundations & Applications in New Domains" (10am et Philly Fed)
Fed's Bullard speaks on US Economy w/Q&A @Nat'l Economists Club Lunch (D.C.  noon Nat'l Press Club)
US Treasury Auctions $38B 3-year Notes (1pm et)
    OVERNIGHT into US Wed. a.m. et:
        New Zealand Jul QV House Prices
        Aussie AiG Jul Performance of Construction, June Honme & Invesatment Loans
        BoJ Summary of Opnions of July 29--30 MPC Meeting
        China Jul Fx Reserves
        German Jun Industrial Production
        French Jun Trade Balance
        India MPC Interest Rate Decision/Reverse REPO Rate/Cash Reserve Ratio
        Swiss UBS Q2 Real Estate Bubble Index, Jul Fx Reserves
        ECB Housheold Sector Report
        UK Halifax Jul House Prices
Wed.,        Aug 07 MBA weekly Mortgage/Refinance Apps (7am et)
Brazil Jun Retail Sales
Fed's Evans on US economy @Media Breakfast (FRB of Chicago 8:30am cdt)
Canada Ivey Jul PMI
NY Fed Releases Regional Household Debt & Credit Snapshots
Video Game Developers/Publishers on the Hot Seat over Loot Boxes @FTC (D.C.)
EIA weekly Petroleum/Gasoline/Distillates Stats (10:30am et; w/e 08/02)
US Treasury Auctions $27B 10-year Notes (1pm et)
US Consumer Credit (debt, really; 3pm et)
    OVERNIGHT into US Thurs. a.m. et:
        RBA's Bullock speaks (Toowoomba)
        UK RICS Jul House Price Balance
        Japan Q2 Housing Loans, BoP Jun Current Account Balance, Trade Balance, Bank & Trust Jul Lending , Eco Watchers Survey, Bankruptcies, Office Vacancy Rate
       Singapore Jun Retail Sales
       China Jul Trade Balance
       Spain Jun Industrial Production
       ECB Economic Bulletin
Thurs.      Aug 08 US weekly Jobless Claims (8:30am et)
Mexico July CPI
Canada Jun New Housing Price Index
US July Chain Store Sales (some will report 2Qtr)
US June Wholesale Trade (10am et)
EIA weekly Natural Gas Report  (10:30am et)
US Treasury Refunding Announcement (11am et)
US Treasury Auctions 4-, & 8-week Bills (11:30am et; value unavailable at post)
US Treasury Auctions $19B 30-year Bonds (1pm et)
US Fed Balance Sheet & US Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
        Japan Q2 (P) GDP/Private Consumption/Business Spending/CapEx

        New Zealand REINZ July House Sales
        China Jul PPI, CPI, New Yuan Loans/Aggregate Financing, BoP Q2 Current Account
        Swiss Jul Unemployment Rate
        German Jun Trade Balance, Current Account Balance
        French Jun Industrial Production
        UK Jun NIESR GDP/Private Consumption/Gov't Spending/Gross Fixed Business Invesatment/Capital Formation, Jun Industrial/Manufacturing/Construction Output, Index of Services, Trade Balance
       IEA Monthly Energy Report
        Italian Jun Trade Balance, Jul CPI & HICP
        Mexico Jun Industrial Production
        Russia Jun Trade Balance, Q2 GDP
Friday,      Aug 09 US July PPI--Final Demand (8:30am et)
Canada Jul Unemployment Rate/Change/Participation/Full-Part-time Employment, Jul Housing Starts, Jun Building Permits
Baker-Hughes US/North American Rig Count (1pm et; w/e 08/02)
Saturday, Aug 10
Sunday,    Aug 11 Singapore Holiday
    OVERNIGHT into US Mon. a.m. et:
        China July Foreign Direct Investment
        New Zealand July Card Spending
        India Jul CPI, Jun Industrial & Manufacturing Production
        Russia Q2 GDP
Monday,   Aug 12 US Treasury Auctions $42B 3-, & $42B 6-month Bills (11:30am et)
US Treasury Budget (2pm et)
Singapore, Japan & India separate Holidays
      OVERNIGHT into US Tues. a.m. et:
          RBA (Aussie) Ass't Gov Kent speaks (Sydney)
          Aussie NAB Jul Business Survey, PPI, FPI
          Singapore Q2 GDP
          Japan Jul Domestic Corporate Price Index, Jun Tertiary Index, Machine Tool Orders
          German Jul Wholesale Price Index
          Eurozone, Germany, Spain, Italy Jul WPI, CPI & HICP
          Aussie NAB Jul Business Conditions /Confidence
          UK Jun ILO Unemployment Rate/Change, Avg Earnings, Jul Jobless Claims/Change
          German Aug ZEW Survey of Current Situation/Expectations
          Eurozone Aug. ZEW Economic Survey

Tuesday,  Aug 13 NFIB Aug Small Business Optimism Index (6am et)
OPEC Monthly Oil Report
US July CPI/Core CPI (8:30am et)
Redbook weekly store sales snapshot (8:55am et)
US Auctions $28B 52-week Bills (11:30am et)
    OVERNIGHT into US Wed. a.m. et:
        Aussie Q2 Wage Price Index, Aug Consumer Confidence
        China Jul Industrial Production, Retail Sales, Surveyed Jobless Claims, Unemployment Rate, Property Investment
        South Korea Jul Unemployment Rate, Import/Ex;port Prices
        Japan Jun Machine Order, Jul Payroll Estimates
        Germany Q2 GDP
        French Q2 Unemployment Rate, Jul CPI, HICP
        UK Jul CPI, CPIH, Retail Price Index, FPI,  PPI, Jun House Price Index
        China New Loan Growth, Social Financing
        Eurozone Q2 Unemployment, GDP, Jun Industrial Production
        India Trade Balance
Wed.        Aug 14 MBA weekly Mortgage/Refinance Apps (7am et)
South Africa Jun Retail Sales
US July Import/Export Prices/Price Index  (8:30am et)
Atlanta Fed Business Inflation Expectations
EIA weekly Petroleum/Gasoline/Distillates Report (10:30am et; w/e  08/09)
    OVERNIGHT into US Thurs. a.m. et:
         China Jul New Home Prices

         RBA (Aussie) Ass't Gov Debelle speaks (Sydney), Jul Unemployment Rate/Change/ Participation, Fx Transactions
         Japan Jul Industrial Production/Capacity Utilization
         Swiss Jul Import/Export Prices, PPI
         Norges Bank (Norway) MPC Rate Decision
         UK Jul Retail Sales/Core Retail Sales
         Eurozone Jul Total Reserve Assets

Thurs,     Aug 15 Canada ADP July Payroll Estimates
US weekly Jobless Claims/Continuing Claims (8:30am et)
Philly Fed Aug. Business Outlook Survey
US July Retail Sales
NY Fed/Empire State Aug Manufacturing Survey
Russia Industrial Production
US Q2  Productivity & Costs
US July Industrial Production/Capacity Utilization
(9:15am et)
US June Business Inventories at Mnftg, Retailers, Wholesalers  (10am et)
NAHB Aug Housing Market Index
EIA weekly Natural Gas Report (10:30am et  w/e 08/09)
US Treasury Refunding Announcement (11am et)
Separate Holidays in South Korea, Italy & India
Bank of Mexico MPC Interest Rate Decision
US June TICS (4pm et)
US Fed Balance Sheet + US weekly Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
        New Zealand Jul Manufacturing PMI, Non-Resident Bond/Offshore Hldgs
        Singa;pore Jul Non-Oil Exports/Trade Balance
        Hong Kong Q2 GDP
        India Bank Loan & Deposite Growth, Fx Reserves
        Eurozone Jun Trade Balance
Friday,    Aug 16 US July Housing Starts/Building Permits (8:30am et)
Canada Jun TICS
US Adv. Quarterly Services Report (10am et)
U.M. Prelim Aug. Consumer Sentiment
Baker-Hughes weekly US/North American Rig Count (1pm et)
FRB releases Assets & Liabilities of Commercial Banks in the US (4:15pm et)
Separate Holidays in Singapore & South Africa
Saturday, Aug 17
      WEEKS AHEAD:08/22--24    K.C. Fed Jackson Economic Symposium (
Jackson Hole WY)
                                    09/04     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)

*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