wall street in advance

February/March 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,     Feb 17     OVERNIGHT into US Mon. a.m. et:
        Japan Dec Machine Orders, Jan Dept Stores
        Singapore Jan Trade Balance
        UK Rightmove Feb House Prices
        Russia GDP + PPI
        ECB Bank Supervisor Enria panelist on "Banking Union-Challenges Ahead" @ European Parliamentary Week (Brussels Belgium)
        OPEC and non-OPEC Oil Producers meeting on Quotas (Vienna Austria 02/18 local time)
Monday,  Feb 18 US Presidents Day Holiday; US Markets Closed
Canada Family Day Holiday
Pres. Trump speech on Venezuela (Miami FL)
    OVERNIGHT into US Tues. a.m. et:
        South Korea Jan Import & Export Price Indices
        Japan Feb. Reuters Tankan Index
        UK CBI Feb Selling Price & Order Trends, Total Orders
        RBA (Aussie) Minutes of 02/05 Meeting & Jan Offshore Holdings
        Tokyo Jan Condo Sales
        Swiss Jan Trade Balance/Watch Exports
        Italy Dec Industrial Orders/Sales
        Eurozone Dec Current Account
        UK Jan Jobless Claims, Dec ILO Total Unemployment Rate/Change, Avg Wkly Earnings
        Eurozone Dec Construction Output
        German Feb ZEW Survey of Current Conditions/Expectations/Sentiment
        Russia Jan Unemployment Rate & retail Sales
        ECB VP Guindos panelist on "Euro at 20 Years: the Road Ahead" at European Parliamentary Week (Brussels)
        ECB Chief Economist Praet panelist at conference "Europa zwishcen Aufbruch und Frustration: Wie erreichen wir mehr Integration und Stabilitat?" Jt Allianz SE & Stiftung Marktwirtschaft (Berlin Germany)
Tuesday,  Feb 19 Fed's Mester on eco outlook & monetary policy at 2019 Economic Forecast event w/Q&A @ U of DE Center for Economic Education & Entrepreneurship  (Newark DE 8:50am et)
NAHB Feb Housing Market Index (10am et)
Riksbank Gov Ingves on eco situation & monetary policy in visit to NY
US Treasury Auctions $45B 3-, & $39B 6-month Bills
    OVERNIGHT into US Wed. a.m. et:
         Japan Jan Trade Balance, Supermarket Sales, Convenience Store Sales
         Aussie Jan Skilled Vacancies, 18Q4 Wage Price Index,
         German Jan PPI
         South Africa Jan CPI
         UK Feb CBI Industrial Order Trends
         ECB chief economist Praet speaks @ 11th Frankfurt Main Financial Centre breakfast hosted by Frankfurt un Main Finance e.V. (Frankfurt Germany)
Wed.,       Feb 20 MBA weekly Mortgage/Refinance Applications
Redbook weekly store sales snapshot
184Q eCommerce Sales (10am et)
US Treasury Auctions $18B reopened 2-year FRN Notes (11:30am et)
Stanford Univ. hosts on "Achieving Full Employment in the modern Economy: Associates Meeting with (S.F. Fed's) Mary C. Daly " @ Stanford Institute of Economic Policy Research (Palo Alto CA)
FOMC Minutes of Jan 29--30 Meeting (2pm et)
    OVERNIGHT into US Thurs. a.m. et:
         Aussie CBA Feb (P) Manufacturing & Services PMI
         Japan Jan. Tokyo Dept Store Sales, Nikkei Feb Manufacturing PMI
         RBA Jan Fx Transactions, Dec Unemployment Rate/Change/Full- & Part-Time
         Japan Jan Machine Tool Orders, Feb Manufacturing PMI, All Industries Activity
         France, Germany, Italy Jan CPI + HICP
         Hong Kong Jan Unemployment Ratre
         BoE publishes Account of Monetary Policy Meetings
         Spanish Trade Balance
         Markit Eurozone, France, Germany, Italy Feb Manufacturing + Services PMI
         UK Jan Public Finances, Central Gov't NCR, Public Sector Net Borrowing
         UK Inflation Report Hearings
         ECB's Praet
keynotes Int'l Conference on Real Estate Statistics hosted by Eurostat (Luxembourg) Praet also panelist on "Is the ECB finally returning to standard policies?" @ Centre for European Policy Studies Ideas Lab (Brussels)
Thurs.      Feb 21 Fed's Bostic on eco outlook & monetary policy toTerry Third Thursday (Atlanta GA 7:50am)
US Dec '18 Durable Goods Orders/Shipments (8:30am et)
US weekly Jobless Claims
Canada Dec Wholesale Trade Sales
Philly Fed Feb. Business Outlook Survey/Employment/Prices Paid/Orders (8:30am et)
Markit US flash Composite PMI
NAR Jan Existing Home Sales
EIA weekly Natural Gas Report  (10:30am et  w/e 02/15)
EIA weekly Petroleum/Gasoline/Distillates Report (holiday delayed 11am et)
US Treasury Refunding Announcement (11am et)
US Treasury Auctions 4-wk & 8-wk Bills (11:30am et; amounts not announced at post )
US Treasury Auctions $8B 30-year TIPS (1pm et)
BoC Gov Poloz speaks @ Chamber of Commerce of Metropolitan Montreal (Quebec)
US weekly Federal Reserve Bank Balance Sheet & US Money Supply  (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
        RBA Gov Lowe testifies
at Parliament
        Japan Jan CPI
        China Jan Fx Transactions, Jan New Home Prices
        New Zealand Jan Credit Card Spending
        German 18Q4 GDP, Private Consumption, Business CapEx, Gov't Spending
        Swiss 18Q4 Industrial & Construction Output
        German Feb IFO Current Assessment/Expectations
        Eurozone Jan CPI
Friday,     Feb 22 Canada Dec Retail Sales + Budget Balance
Fed's Williams
panelist on "Prospects for inflation with a High-Pressure Economy" w/Q&A @ US Monetary Policy Forum by Chicago Booth School Monetary Policy Forum in NY (10:15am et)
ECB Chief Draghi speaks upon receiving an award of Laurea honoris from Univ degli studi di Bologna (Bologna Italy uncertain of time)
Fed's Bostic opens 1st Annual Jt Research Day on Quantitative Tools for Monitoring Macroeconomic & Financial Conditions organized by Fed Reserve Bks of Atlanta & NY
Baker-Hughes weekly US/North America Rig Count
(1pm et)
Fed's Bullard & Harker, + Fed Gov Clarida panelists on "The Future of the Federal Reserve Balance Sheet" @ U of Chicago Booth School of Biz 2019 Monetary Policy Forum hosted by Initiative on Global Markets (NY 1:30pm et)
Fed's Williams closing remarks at 1st Annual Jt Research Day on Quantitative Tools for Monitoring Macroeconomic & Financial Conditions  (NY 5:30pm et)
Sat.          Feb 23 Russia Defender of the Fatherland Holiday
UK Feb CBI Reported Sales, Total Distributed Reported Sales
Sun.          Feb 24     OVERNIGHT into US Mon. a.m. et:
         German Jan Import Prices
          New Zealand Q4 Retail Sales
          Japan Jan Corporate Service Price
          Singapore 18Q4 GDP , Jan CPI
          Riksbank (Sweden) Releases Minutes of its Prior MPC Meeting
          Swiss 18Q4 Unemployment
          Brazil Central Bank Focus Market Readout, Jan Current Account, Foreign Direct Investment
Monday,   Feb 25 Chicago Fed National Activity Index
US Dec (F) Wholesale Trade

Dallas Fed Manufacturing Survey
US Treasury Auctions $39B 6-month Bills & $40B 2-year Notes (11:30am et)
US Treasury Auctions $48B 3-month Bills & $41B 5-year Notes (1pm et)
     OVERNIGHT into US Tues a.m. et:
          German GfK
March Consumer Confidence
          RBNZ (New Zealand) Dpty Gov Bascand speech on "Capital Review--Safet Banks for a Safer New Zealand" (Wellington)
          UK BBA Loans for Jan House Purchase
          ECB's Mersch keynotes 3rd FinTech & Digital Innovation:
Regulation at the European Level and Beyond" organized by Afore Consulting (Brussels)
          ECB's Coeure opens Jt Detusche Bank, ECB, Fed Reserve Bk of Chicago Conference on CCP Risk Managaement (Franfurt DE)
Tuesday,   Feb 26 US Dec  Housing Starts/Building Permits (8:30am)
Redbook weekly store sales snapshot
S&P CoreLogic Case Shiller Dec 20-city Home Price Index (9am et)
FHFA Dec Home Price Index
Conference Board's Feb Consumer Confidence
Philly Fed Feb Manufacturing Business Outlook Survey
FOMC Chief Powell Senate Banking Cmte Semi-Annual Testimony (10am et)
Pharmaceutical Execs to testify at US Senate on high drug prices
Richmond Fed Manufacturing Index
US Treasury Auctions $26B 52-week Bills (11:30am et)
US Treasury Auctions $32B 7-year Notes (1pm et)
    OVERNIGHT into US Wed. a.m. et:
         New Zealand Jan Trade Balance
         German Jan Retail Sales
         UK BRC Feb Shop Price Index
         Hong Kong 18Q4 GDP

         Aussie 18Q4 Construction Work Done
         Swiss ZEW Feb Survey
         Italian Jan Trade Balance & Business Confidence
         Eurozone Jan M3 Money Supply, Feb Economic Confidence, & Zew Survey
Wed.         Feb 27 MBA weekly Mortgage/Refinance Applications
US Dec Int'l Trade Deficit (8:30am et)
Brazil Unemployment Rate
Canada Jan CPI
US Dec Factory Orders
US Adv Dec Retail Inventories
US Dec Wholesale Inventories
FOMC Chief Powell Semi-Annual Testimony @ US House (10am et)
US Dec (F) Durable Goods Orders/Shipments
NAR Jan Pending Home Sales

EIA Petroleum/Gasoline/Distillates Report (w/e 02/22  10:30am et)
Ragharam Rajan & Sir Paul Tucker speak on "Rise of Populism" @ NABE (DC 4:10pm)
    OVERNIGHT into US Thurs. a.m. et:
         So Korea Jan Industrial Production, Service Sector Output, & Retail Sales
         Japan Jan Retail Trade, Feb Industrial Production+ Forecast
         Brazil FX Flows
         China Swift Global Payments
         Aussie 18Q4 Private CapEX, Jan Private Sector Credit, HIA Oct New Home Sales, Private Sector Credit
          Independent Centre for Monetary Economics (Oslo) releases annual Review of Norwegian Central Bank Policy
          China Feb Manufacturing, Non-Manufacturing + Composite PMI
         UK Feb Nationwide House Price Index, Feb Consumer Confidence, Lloyds Biz Barometer
          So Korea March Interest Rate Decision
          BoJ Suzuki speaks (Mito), Dec Vehicle Production, Jan Housing Starts/Construction Orders
          Singapore Jan Bank Lending
          South Africa Jan Private Sector Credit
          Swiss 18Q4 GDP, KOF Feb Leading Indicator
          UK GfK Feb Consumer Confidence, Nationwide HPI
          French 18Q4 GDP, Jan Consumer Spending
          Spanish Dec Current Account,
          Spanish & Italian Feb CPI, HICP
          India Jan Fiscal Defecit, 18Q3 GDP, Jan Infrasstructure Output
          Canada CFIB Feb Business Barometer
          German Feb (P) CPI

Thursday, Feb 28 Fed V. Chair Clarida on a "View from the Federal Reserve Board @ 35th NABE Economic Policy Conference-"Promoting Global Growth and Domestic Economic Security  (8am et D.C.)
18Q4 US GDP includes PCE  (8:30am et delayed by Dec gov't shutdown)
Weekly US Jobless Claims
Fed's Bostic panelist @ 2019 Big Data, Big Money: Exploring Banking's Next Horizon,on "Economic & Housing Landscape Update" w/Q&A (8:50am et Atlanta GA)
Canada 18Q4 Current Account Balance, Jan Industrial & Raw MAterials Product Pricesd
Chicago Feb PMI
EIA weeky Natural Gas Report (10:30am et)
K.C. Fed Manufacturing Index (11am et)
US Treasury Auctions 4-, & 8-week Bills
Alan Greenspan Lifetime Achievement Award Presentation @NABE
Fed's Harker speaks on Eco Outlook at Philadelphia Inquirer's Influencers of Finance Awards (PA 12:15pm et)
Fed's Kaplan participant in Q&A @ Real Estate Council of San Antonio (TX 1pm)
Fed's Messter speaks @ 2nd Women in Economics Symposium Fed Bk of St Louis
USDA Farm Prices (3pm et)
Fed weekly Balance Sheet & US Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
         New Zealalnd 18Q4 Terms of Trade Index, Jan Building Permits, Consumer Confidence
        Aussie AiG Feb Performance of manufacturing Index, CBA Feb Mnftg PMI, CoreLogic Feb House Price index, Vehicle Sales
        Japan Jan Jobless Rate. Job-to-Applicant Rate, Loans & Discounts, Feb CPI
        Japan 18Q4 Company Sales & Profits, CapEx, Feb Official Reserves, Nikkei Feb Mnftg PMI & CapEx
        China Caixin Feb Mnftg PMI
        Aussie Feb RBA Commodity Index
        Swiss Jan Retail Sales, Feb Mnftg PMI
        Eurozone, France, Germany, Italy Feb Mnftg PMI
        South Korea Feb Trade Balance
        German Feb Unemployment Claims Rate/Change, CPI & HICP
        UK Jan Net Lending, Mortgage Approvals
, M4, Markit Feb Mnftg PMI
        Eurozone Jan Unemployment Rate, Feb CPI
        Brazill 18Q4 GDP
        India Nikkei Feb Mnftg PMI
        Spanish Feb Mnftg PMI
        Swiss Jan Retail Sales, SWME Feb PMI
        Eurozone, French, Italian, German Feb Mftg PMI
        South Africa Jan Trade Balance, Mnftg PMI, Feb Total Vehicle Sales
        Eurozone Jan Unemployment Rate
        India Bank Loan & Deposit Growth, Fx Reserves
        Wards Feb US Vehicle Sales
        Canada 18Q4 GDP, Dec GDP    
Friday,  March 01 Former NY Fed Pres Dudley on Financial Stability & Normalization of Monetary Policy @ NABE (8:05am et)
US Jan* Personal Income & Dec* Spending (includes PCE  8:30am et)
US Feb Vehicle Sales (ex-GM & Ford)
Canada 18Q4 GDP. RBC Feb Mnftg PMI, Jan IPPI + RMPI
Brazil Jan Budget Balance & Feb Trade Balance
US Manufacturing PMI (9:45am et)
ISM Manufacturing Index/Prices Paid/Orders/Employment
U.M. Final Feb Consumer Sentiment
Mexico Markit Feb Mnftgg PMI
Fed's Bostic fireside chat A View from the Federal Reserve Bank of Atlanta @ 35th NABE Economic Policy Conference (D.C. 12:45pm et)
Baker-Hughes weekly US/North American Rig Count (1pm et)
South Korea Holiday--Independence Movement
Saturday,  Mar 02 Trump took increase in Chinese tariffs off the table, for today, late on 02/24, in a tweet
                                                     * Split dates per Barron's
  03/06     NY Fed's Williams speaks @ Economic Club of NY (11:30am--2pm)
                                                      Fed's Beige Book
                                                      Bk of Canada MPC Interest Rate Decision
                                                      ECB MPC Monetary Policy Release, Draghi Press Conference
                                      03/15       BoJ MPC Meeting
                                03/19--20      FOMC Meets

*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, 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, plus San Francisco Fed, without a leader, since Williams left for NY in July, 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