wall street in advance

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,   Sept 08     OVERNIGHT into US Mon. a.m. et:
        China Aug Trade Balance, Aggregate Financing, Money Supply
        New Zealand Q1 Manufacturing Activity, Volume
        Japan Q2 GDP/Private Consumption/Business Spending, Jul Current Account, Trade  Balance, Eco Watchers Survey Outlook
        Aussie Q4 Manpower Survey, Jul Home Loans, Investment Lending
        New Zealand REINZ Aug House Sales
        Swiss Aug Unemployment Rate
        German Jul Trade Balance, Current Account
        ECB's Hakkarainen speaks @ Financial LAw Seminar "ESG Governance in Investments--monety talks" organized by Hannes Stellman Attorneys (Helsinki Finland 14:20 cet)
        BoE's Vlieghe speaks (London)
        UK Jul NIESR GDP, Industrial & Manufacturing Production, Construction Output, Index of Services, Visible Trade Balance  
        Brazil BCB Focus Market Readout
        Russia Qtr GDP
       
Monday,  Sept 09 Mexican Aug CPI
US Treasury Auctions $45B 3-, & $42B 6-month Bills (11:30am et)
TD Ameritrade IMX (Retail Investor Sentiment 12:30pm et)
US July Consumer Credit (Debt really, 3pm et)
    OVERNIGT into US Tues. a.m. et:
         New Zealand Aug Card & Retail Card Spending, Heavy Truckometer
         China Q4 Manpower Survey
         Aussie NAB Aug Business Confidence/Survey
         Japan Q4 Manpower Survey
         China Aug PPI, CPI, NAB Business Conditions/Confidence
         Japan Aug Machine Tool Orders
         French Q2 Non-Farm Payrolls, Jul Industrial Production
         Italy Jul Industrial Production
         UK ILO Jul Unemployment Rate/Change, Aug Claimant Count/Change     
         So Africa Jul Manufaturing Production
Tuesday,  Sept 10 NFIB Small Business Optimism Index (6am et)
Canada Aug Housing Starts, Jul Building Permits
Redbook weekly store sales snapshot (8:55am et)
JOLTS (Job Quits & Openings; 10am et)
US Treasury Auctions $28B 52-week  Bills (11:30am et)
US Treasury Auctionss $38B 3-year Notes (1pm et)
    OVERNIGHT into US Wed. a.m. et:
        Japan Q3 BSI Large All Industry
        South Korea Aug Unemployment Rate
        China Aug Foreign Direct Investment
        Spain Jul Industrial Production
Wed.         Sept 11 MBA weekly Mortgage/Refinance Apps (7am et)
US Aug. PPI--Final Demand (8:30am et)
Canada Q2 Capacity Utilization
Brazil Jul Retail Sales
Russia Jul Trade Baance
Atlanta Fed Business Inflation Expectations (10am et)
US July Wholesale Trade Inventories/Sales
EIA weekly Petroleum/Gasoline/Distillates Report (10:30am et;  w/e 09/06)
US Treasury Auctions $24B reopened 10-year Notes (1pm et)
    OVERNIGHT into US Thurs.. a.m. et:
        UK RICS Aug House Price Balance
        Japan Reuters Sept Tankan Index, Aug Domestic Cor;porate Goods Price Index, Jul Machinery Orders, Tertiary Industry Index, Aug PPI
        Singapore  Q3 Unemployment Rate
        China Trade Balance (?)
        Eurozone, French, German Aug CPI, HICP
        Swiss Aug Producer & Import Prices
        Eurozone Jul Industrial Production
        Singapore Jul Retail Sales
        Italy Q2 Unemployment Rate
        South Africa Jul Mining Production/Gold Production
        ECB MPC Interest Rate, Deposit Facility, & QE Decision (09/12, 13:45cet)
Thurs,      Sept 12 India Jul Industrial & Manufacturing Production, Aug CPI
ECB's Draghi post-Meeting Press Conference (14:30 cet)
EDCB Publication of ECB staff macroeconomic proejctions for Euro area (15:30 cet)
Brazil Jul Service Sector Growth
ECB's Enria panelist "What abitions for the EU banking sector and related policy priorities?"  Draghi, Couere, & de Guindos participate in ECOFIN (Helsinki 16:50 cet)
Former FOMC Gov Janet Yellen keynotes NIC Fall Conference (Chicago 8am et)
US Aug. CPI  (8:30am et)
US weekly Jobless Claims
Canada Jul New House Price Index
Thomas Sullivan, Fed Assoc. Dir Division of Supervision & Regulation before Senate Banking Cmte on Insurance Company Supervision (D.C. 10am et)
EIA weekly Natural Gas Report (10:30am et)
US Treasury Auctions 4-, & 8-week Bills (11:30am et; value not announced at post)
US WASDE Report
US Treasury Auctions $16B reopened 30-year Bonds (1pm et)
US Treasury Budget Released (2pm et)
US Fed weekly Balance Sheet & US weekly Money Supply (4:30pm et)
Democratic 2020 Presidential Hopefuls Debate (8pm ABC TV, Houston)
    OVERNIGHT into US Fri. a.m. et:
         New Zealand Aug ANZ Manufacturing PMI
         German Aug Wholesale Price Index
         Japan Jul Industrial Production/Capacity Utilization
         German Aug WPI
         Spanish Aug CPI, HICP
         BoE's Hauser Panelist @TradeTech Expo FX Europe (Barcelona Spain 9 bst)
         Eurozone Jul Trade Balance, Q2 /Labor Costs
Friday,      Sept 13 US Aug Retail Sales (8:30am et)
US Aug Import/Export Prices
US Business Inventories (10am et)
U.M. Prelim. Sept Coinsumer Sentiment/Expectations
Baker-Hughes weekly US/North American Rig Count (1pm et)
South Korea & China Holidays
Saturday, Sept 14/
Sunday,   Sept 15     OVERNIGHT into US Mon. a.m. et
        New Zealand Aug Performance of Services
        UK Rightmove Sept House Prices
        China Aug Industrial Production, Fixed Assets Investment, Aug Retail Sales, Jobless Rate, Property Investment
        Italian Aug CPI, HICP
        Russia CBR Monetary Policy Meeting Minutes
       ECB's Couere opens BIS G7Global Stablecoins Conference (8:45cet Basel, Suisse)
        63rd IAEA (Atomic Energy) General Conference (Vienna Austria thru 20th)
        Irish FinMin Donohose addresses "Brexit, the Irish Economy & the Future of European Fintech" (Dublin Ireland)
        Britian's anti-Brexit Liberal Democrat Party Annual Conference (London)
Monday,  Sept 16 ECB's Lane keynotes Bloomberg London  (14:00cet)
Empire State NY Fed Sept Manufacturing Survey (8:30am et)
Canada Jul Int'l Securities Transactions
Bahrain Crown Prince Salmon bin Hamad al-Khairfa visits White House
US Treasury Auctions $45B 3-, & $42B 6-month Bills  (11:30am et)
ECB's Lautenschlager panelist at BIS G7 Global Stablecoins (18:00cet)
Japanese Holiday
    OVERNIGHT into US Tues. a.m. et:
         Japan Aug Dept Store Sales
         China Aug New Home Prices
         Singapore Aug Trade Balance
         Aussie Q2 House Price Index
         RBA (Aussie) Minutes of Sept Policy Meeting
         Swiss SECO Sept Economic Forecasts
         Hong Kong Aug Unemployment Report (Protests impact)
         German ZEW Sept Current Situation/Expectations/Sentiment
         Eurozone Sept ZEW Current Situation/Expectations/Sentiment
Tuesday   Sept 17 Canada Jul Manufacturing Sales
ECB's Enria presents at Forum Analysis (Milan Italy 13:00 cet)
Redook weekly store sales snapshot (8:55am et)
2-day FOMC Meeting Begins
US Aug. Industrial Production/Capacity Utilization
NAHB Sept Housing Market Index
United Nations pre-General Assembly Events (NY thru 24th)
ECB's Lane & Couere panelists @Future of the International Monetary System," via Banque Central du Luxembour/Toulouse School of Economics (18:35 cet Luxembourg)
US July TICS (4pm et)
    OVERNIGHT into US Wed. a.m. et:
         New Zealand Q2 GDP-to-Current Account
         Japan Aug Trade Balance
         China Aug Swift Global Payments
         South Korea Aug PPI, IPPI (Import Price Index)
         EU 25 Aug New Car Registrations
         UK Jul New Car Registrations, Aug CPI, PPI, CPIH, Retail Price Index, Jul House Price Index
         South Africa Aug CPI
         Italian Jul Trade Balance
         Eurozone Jul Construction Output, Aug CPI, HICP
         ECB's de Guindos speaks @Foro Tendencias Espana 2020," via Prisa & Kreab (Madrid Spain 12:50 cet)
        French Pres. Macron visits Italian Pres. Mattarella & P.M. Conte (Rome)
Wed.,        Sept 18 MBA weekly Mortgage/Refinance Apps (7am et)
US Aug Housing Starts/Building Permits (8:30am et)
Canada Aug CPI
Facebook, Google, Twitter testify @Senate Commerce Cmte on Social Media's to- date weakness in stopping broadcast of violence/inappropriate uses of social media
EIA weekly Petroleum/Gasoline/Distillates Report (10:30am et;  w/e 09/12)
U.N. Sec'y-Gen Antonion Gutterres news conference pre-U.N. world leaders gathering
Brazil MPC Interest Rate Decision, Fx Flows
FOMC Meeting Statement on Interest Rates & Updated Member Forecasts (2pm et)
Fed Chair Powell Press Conference (2:30pm et)
    OVERNIGHT into US Thurs. a.m. et:
       New Zealand Q2 GDP
       China Aug Fx Net Settlement
       BoJ (Japan) MPC Interest Rate Decision (09/19 local time)
       Aussie Aug Unemployment Rate/Change/Full/Part-time/Participation, Fx Transactions
       Japan Jul All Industry Activity Index
       Norges Bank (Norway) MPC Interest Rate Decisions (09/19 local time)
       Swiss Aug Trade Balance/Watch Exports
       UK CBI Sept Total Orders & Selling Price Trends
      SNB MPC Interest Rate Decision on Deposits & Loans/Reserves (09/19 local time)
       Eurozone Jul Current Account
       UK Aug Retail Sales
       ECB's Couere panelist @SAFE "Safeguarding the Euro--The European Stability Mechanism" (Frankfurt DE 12:00 cet)
       BoE MPC Sept Interest Rate Decision/QE Target/Meeting Minutes (12:00gmt)
       BoE Chief Carney Press Conference
Thurs.      Sept 19 ECB's Lautenschlager @ C. Peter McColough Series on Int'l Economics via Council on Foreign Relations (8am et NY)
US weekly Jobless Claims (8:30am et)
Canada ADP Aug Payroll Estimate, Teranet/National Bank HPI.
Philly Fed Sept Business Outlook Survey/Employment/Orders/Prices Paid
US Q2 Current Account
South Africa MPC Sept Prime & Interest Rate Decisions
IMF chief economist, Gita Gopinath keynotes 4th IMF/Atlanta Fed Workshop: China in the Global Economy (Atlanta thru 20th)
V.P. Mike Pence & SEC Chair Jay Clayton speak @Delivering Alpha   (NY/CNBC/ Institutional Investor)
US Aug Existing Home Sales (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 not announced at post)
US Treasury Auctions $12B reopened 10-year TIPS (1pm et)
Fed weekly Balance Sheet & US weekly Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
        Japan Aug CPI, Supermarket Sales, Convenience Store Sales, BoJ Q2 Money Flows
        Swiss KOF Institute Autumn Economic Forecast
        China Sept 1-year Loan Prime Rate, 5-year Loan Prime Rate
        New Zealand Aug Card Spending
        German Aug PPI
        Hong Kong Aug CPI
        BoE Quarterly Bulletin, Aug Public Sector Borrowing
        India Fx Reserves, Current Account
Friday,     Sept 20 Canada Jul Retail SAles
Quadruple Witch Quarterly Single Stock & Index Options & Futures Expire
NY Fed's Williams on "Tying Down the Anchor: Monetary Policy Rules and the Lower Bound on Interest Rates" @SNB Research Conf. on "New Normal Monetary Policy Frameworks" (Zurich Suisse 8:15am)
Australia P.M. Scott Morrison welcomed at White House
Fed's Rosengren speaks on economy & monetary policy NYU Stern School conference on credit markets  (11:20am et  NY)
Fed Z1 Q2 Financial Accounts of the US/Household Net Worth (noon et)
Brazil Federal Tax Revenue, CAGED Net Payroll Jobs
Baker-Hughes weekly US/North American Rig Count (1pm et)
Saturday,Sept 21 Indian P.M. Modi visits the US (to 09/27)
                                                     
      WEEKS AHEAD:  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, Richard Clarida, Gov Bowman, (Senate confirmed 09/12/19) 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