wall street in advance

January 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:
Sun.        Jan 13
Monday,   Jan 14 Canada Jan Teranet/National Bank Home Price index
Janet Yellen, Kara Swisher (re/code) & Steve Liesman panelists at NRF Big Show (8:30am NY)
US Treasury Auctions $39B3-, & $36B 6-month Bills
Pres. Trump closing keynote @ Am. Farm Bureau Federation Centennial Convention (11:15am cst)
      OVERNIGHT into US Tues a.m. et:
          Japan Dec Machine Tool Orders
          India Merchandise Trade Balance
          Eurozone (P) 2018 GDP & Nov Trade Balance
          German 2018 Public Finances/GDP
          France CPI
          UK Parliament Votes on P.M May's Brexit Agreement          
          ECB Chief Mario Draghi addresses EU Parliament, answers Q&A on 2017 ECB Annual Report
          Bank of Brazil Gov Goldfajn on Central Banking in Emerging Markets  @ (ICMB) Int'l Centre for Monetary & Banking Studies (Geneve Suisse)
Tuesday,   Jan 15 US Dec. PPI--FD (8:30 am et)
Empire State NY Fed Jan Manufacturing Survey
Canada Dec Existing Home Sales
Fed's Kashkari
on regional economy w/Q&A @ Rochester Economic Summmit (MN 11:30am et)
Fed Bk of Philadelphia issues historical revisions to monthly Non-manufacturing Business Outlook Survey
Fed's Kaplan participates in Q&A @ Plano Chamber of Commerce Annual (TX 1pm et)
Fed's George speaks on eco & monetary policy outlook w/Q&A (Kansas City MO 1pm et)
    OVERNIGHT into US Wed. a.m. et:
          New Zealand Dec Card Spending/Card Spending at Retail
          Japan Nov Machine Orders, PPI, , Dec Corporate Goods Price Index, Tertiary Index
          China Dec New House Prices
          Germany & Italy  CPI
          German Economy Minister holds conference on the digital transformation in Germany  (Berlin Germany)
          Riksbank Dpty Gov Skingsley discusses developments on payments @ Moody's Credit Trends (Stockholm)
          UK Dec CPI + PPI, Retail & Nov House Price Indexes, BBA Dec Loans for House Purchases     
          ECB MPC/French central bank chief de Galhau New Year address to French Financial Sector (Paris FR)
Wed.         Jan 16 MBA weekly Mortgage/Refinance Apps (7am et; while rates are down, FHA closure obstacle)
US Dec Retail Sales (8:30am et)
US Dec Import/Export Prices
Redbook weekly store sales snapshot (8:55am et)
US Nov Business Inventories (10am et
NAHB Jan Housing Market Index
EIA weekly Petroleum/Gasoline/Distillates Stats
(10:30am et)
Fed's Kashkari participant in Intelligence Squared Debate on "Ten Years After the Global Financial Crisis, the System is Safer" (NY 1pm et)
Fed's Beige  Book (2pm et)
US Nov TICS (4pm et)
    OVERNIGHT into US Thurs. a.m. et:
        China  Dec Fx Settlement
        Singapore Merchandise Trade Balance
        Aussie Nov Home Loans, Investment Lending, Value of All Loans
        BoJ's Kuroda, Amamiya, & FinMin Aso speak as Japan Chairs of G20 (Tokyo)
        Germany PPI
        Eurozone Dec CPI & HICP, Nov Contruction Output,
        BoE Credit Conditions & Bank Liabilities Surveys
        Italian Trade Balance
        UK RICS Dec House Price Balance
Thursday, Jan 17 US Dec Housing Starts/Building Permits (8:30am et)
US weekly Jobless Claims
Philly Fed Jan Business Outlook Survey   (8:30am et)
EIA weekly Natural Gas Report (10:30am et)
US Treasury Auctions $13B reopened 10-year TIPS (1pm et)
Fed's weekly Balance Sheet & US Money Supply (4:30pm et)
    OVERNIGHT into US Fri a.m. et:
         Japan Dec CPI,
Convenience Store Sales, Nov Industrial Production/Capacity Utilization
         ECB Survey of Professional Forecasters
         Swiss Dec Producer & Import Prce Index
         Eurozone Nov Current Account
         UK Dec Retail Sales
Friday,      Jan18 Last Day to Trade Jan Options--some of which began as LEAPs over 2.5 years ago
Canada Dec CPI, + Nov Internation Securities Transactions
Fed's Harker on "Business Equity and the Future of Philadelphia" prior to "The Prosperity Symposium: Economic Mobility Research in Action" (Philadelphia PA)
NY Fed's Williams on US Eco Outlook & Monetary Policy w/Q&A @ NJ Bankers Ass'n Economic Leadership Forum (Somerset NJ 9:05am et)
US Dec Industrial Production/Capacity Utilization (9:15am et  Utes biggest portion)
U.M. (Prelim) Jan Consumer Sentiment
Baker-Hughes weekly Rig Count
(1pm et)
    OVERNIGHT into US Sat. a.m. et:
         UK Jan CBI Business Optimism, Order Trends & Selling Price Trends
Saturday, Jan 19
Sunday,   Jan 20     OVERNIGHT into US Mon. a.m. et
        China Q4 GDP, Dec Industrial Production & Profts, Retail Sales
, Fixed Asset & Property Investment, Jobless Rate
        China NBS (Bureau of Statistiics) Press Conference
       Japan Reuters Jan Tankan Index, Dec Dept & Convenience Store Sales
        Aussie HIA New Home Sales
        UK Jan Rightmove House Prices
        Germany Dec PPI
        Russia GDP
Monday, Jan 21 Martin Luther King Jr US Holiday --ALL US Markets Closed
    OVERNIGHT into US Tues. a.m. et
        South Korea Q4 GDP, Dec PPI
        Hong Kong Dec CPI
        Japan Dec Supermarket & Tokyo Condo Sales
        World Economic Forum
Annual (sans Trump & Macron; Davos Switzerland thru 25th)
         Spain Trade Balance
         UK Dec Jobless Claims, Claimant Count, Nov Avg Weekly Earnings, ILO Nov Unemployment Rate/Change, Public Finances, Central Gov't NCR
        German Jan ZEW Survey of Current Situation/Expectations/Sentiment
Tuesday,  Jan 22 Canada Nov Wholesale & Manufacturing Sales
Redbook weekly store sales snapshot
NAR Dec Existing Home Sales
US Treasury Auctions $42B 3-, & $39B 6-month Bills

    OVERNIGHT into US Wed a.m. et:
        Japan Dec Trade Balance, Adj Merchandise Trade Balance, Nov all Industry Activity
        UK CBI Jan Reported & Total Orders, Selling Prices, Business Optimism, Jan Industrial Trends 
        BoJ MPC Rate Decision (01/23 local time)
        Singapore Dec CPI
        BoJ Gov Kuroda press conference follows Meeting
        So. Africa Dec CPI
Wed.,       Jan 23 MBA weekly Mortgage/Refinance Applications
Canada Nov Retail Sales
FHFA Nov House Price Index (9am et)
Richmond Fed Jan Manufacturing Index (10am et)
Brazil Fx Flows
    OVERNIGHT into US Thurs. a.m. et
         Aussie Jan Manufcturing, Services, Composite PMI , Dec Unemployment Rate/ Change/Participation Rate/Full-, & Part-time Employment
         Japan Nikkei Jan Manufacturing PMI, Dec Trade Balance
         Singapore URA QoQ Property Index
         New Zealand Dec Credit Card Spending
         Norges Bank (Norway) MPC Announces Rate Decision
         French Jan Business Survey
         Markit Jan.Eurozone, France, Germany, Italy Manufacturing/Services/Composite PMI
         ECB MPC Rate Decisions   (01/24 local time)
         Russia Fx Reserves, PPI
         ECB Chief Draghi press conference (local time 1/24)
Thurs.      Jan 24 US weekly Jobless Claims
Brazil CAGED Net Payroll Jobs
Mexican Nov IGAE Economic Activity & Bi-weekly CPI
Markit Flash Jan Manufacturing, Services, Composite PMI
IMF's Adrian on Roundtable as dir. of Monetary & Caital Markets Dept (NY)
EIA weekly Natural Gas Report (10:30am et w/e 01/18)
K.C. Fed Jan Manufacturing Index (11am)
EIA weekly Petroleum/Gasoline/Distillates Report (11:30am et)
US Refunding Announcement (11am et)
US Treasury Auctions 4-, & 8-week Bills (amounts not yet announced  11:30am et)
Fed weekly Balance Sheet & Weekly US Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
        New Zealand Migration, Visitor Arrivals
        Japan Jan Tokyo CPI
        Singapore Dec Industrial Production
        Riksbank (Sweden) Exec Board meets, no rate decision expected
       German Jan IFO Business Assessment, Expectations
        UK Gross Mortgage Approvals, CBI Jan Distributive Trades Survey
        India Fx Reserves
        Russia Retail Sales & Dec Unemployment Rate
        ECB Survey of Professional Forecasters
Friday,     Jan 25 US Dec Durable Goods Orders/Shipments (Only IF gov't shutdown ends)
US Dec. New Home Sales
  (Only IF gov't shutdown ends)
Canada Nov Budget Balance
Brazil Federal Tax Revenue
Baker-Hughes US/North American Rig Count (1pm et)
Brazil Holiday--Sao Paulo Anniversary
Sat.         Jan 26

  01/27    BoJ releases Minutes of its Dec. 19--20, 2018 Meeting
                                        01/28    Riksbank Dpty Gov af Jochnick speaks on forthcoming normalization of monetary policy, how households & the economy will be impacted when the repo rate is increased and the bank reduces its Gov't bond holdings (Stockholm)
                                        01/29   FOMC 2-day Meeting Starts
                                                     Paris FinTech Forum with Riksbank Gov Ingves & IMF's Lagarde (to 30th)
                                        01/30   FOMC Meeting Statement & Powell Press Conference
                                                    BoJ releases Summary of Opinons from board members at Jan 22--23 policy 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, 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