|
|
May 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: |
Sun.
May 19 |
|
OPEC & non-OPEC
Producers Jt Minsterial Monitoring Cmte Meets (Jeddah Saudi Arabia)
Fed's Bostic opens Atlanta Fed 24th Financial Markets Conference (Amelia
Island FL thru 21st)
Singapore Holiday
OVERNIGHT into US Mon. a.m. et:
UK Rightmove May House Prices, CBI Total
Order & Selling Trends
Japan Q1 (P) GDP, Private
Consumption, Business Spending/CapEx, + Apr Supermarket Sales, March Industrial
Production/Capacity Utilization
Hong Kong April Unemployment Rate
China April Fx Settlement
German April PPI
Eurozone March Current Account
ECB's Praet opens CEPR
Leaders' Circle Event (London)
BoE's Broadbent speaks
@Imperial College Business School (London)
|
Monday, May 20 |
|
Chicago April Fed Nat'l
Activity Index (8:30am et)
Fed's Harker on US Eco Outlook w/Q&A @ Management Science 65th
Anniversary Conference (Bostom 9:30am et)
US Treasury Auctions $36B 3-, & $36B 6-month Bills (11:30am et)
Brazil Federal Tax Revenue & Payrolls
Fed's Williams & Clarida participants @ "FedListens"
roudtable on monetary policy strategy, tools, communications practices (1pm et NY)
Venezuela Voted for President, 1 year ago--and it remains unsettled since
Holidays in Singapore & Canada
FOMC Chief Powell speaks @Atlanta Fed's Financial Markets
Conference (7pm et)
OVERNIGHT into US Tues. a.m. et:
Japan Q1 Housing Loans, April Condominium
sales
Singapore Q1 GDP
RBA (Aussie) Minutes of May
Policy Meeting, Gov Lowe speaks (Brisbane)
New Zealand Apr Credit Card Spending
Spain Trade BAlance
OECD European Economic Outlook
Eurozone May (adv) Consumer Confidence
ECB's de Guindos
keynotes City Week "The International Financial Services Forum 2019" (London
10am local time)
|
Tuesday, May 21 |
|
UK Inflation Report Hearings
@Treasury Select Cmte
Redbook weekly store sales snapshot (8:55am et)
Consolidated Financial Statement of the Eurosystem Published
US April Existing Home Sales (10am et)
Fed's Evans speaks w/Q&A @Financial Markets Conference
(Fernandlina Beach FL 10:45am et)
US Treasury Auctions $26B 52-week Bills (11:30am et)
Fed's Rosengren speaks @Economic Club of NY (11:30am et)
OVERNIGHT into US Wed. a.m. et:
New Zealand Q1 Retail Sales
Japan Reuters May Tankan Index,
April Adj Trade Balance, Mar Machine Orders
BoJ's Harada speaks (Nagasaki)
Fed's Bullard presentation on
US eco outlook & monetary policy w/Q&A @ Foreign Correspondenets' Club of Hong
Kong (HK 1am et)
UK Apr CPI, Retail Price Index (RPPI),
PPI, Central Gov't NCR, Public Finances & Net Borrowing, Mar House Price
Index
ECB Chief Draghi speaks @ECB
Colloquium:"Monetary Policy in an incomplete Monetary Union,"
in ECB Economist Peter Praet's honor (9:30am cet, 05/22 local time Frankfurt DE)
ECB's Praet on "Challenges to
the single monetary policy and ways forward" @ECB Colloquium in his honor (Frankfurt
@ECB 11:30 cet)
|
Wed.
May 22 |
|
MBA weekly Mortgage/Refinance Apps
(7am et)
Canada Mar Retail Sales
Fed's Bostic & Kaplan open Jt Atlanta & Dallas Fed's
"Technology-Enabled Disruption: Implications for Business, Labor Markets &
Monetary Policy" (10:10am et Dallas to 23rd)
EIA weekly Petroleum/Gasoline/Distillates Report (11am et; w/e
05/17)
FOMC Minutes of Meeting Ended 05/01 Released (2pm et)
OVERNIGHT into US Thurs. a.m. et
Aussie May CBA Manufacturing, Services &
Composite PMI
Japan Nikkei May (P) Manufacturing PMI
NY Fed/Hong Kong Monetary
Authority "Monetary Policy & Heterogeneity Conference" (HK thru 24th)
German Q1 GDP, Private Consumption, Gov't
Spending, Capital Investment
Swiss Q1 Industrial & Construction Output
French Q1 Unemployment Report
Markit May (P) Eurozone, French,
German, Italian Manufacturing, Services, Composite PMI
German May IFO current Biz
Climate/Expections
ECB Financial Stability Review
UK April Retail Sales
ECB Account of Monetary Policy Meeting
April 9--10, 2019
ECB's Draghi participant at
81st Plenary meeting of the Group of 30 (Madrid Spain)
ECB's deGuindos speaks @ AFME:
"Opportunities for European Banking & Capital Markets," organized by the
Ass'n for Financial Markets in Europe (Frankfurt 10:40cet)
Voting for 750 members of EU Parliament
Starts (includes UK; thru 26th)
|
Thursday, May 23 |
|
US weekly Jobless Claims (8:30am et)
Canada Mar Wholesale Trade/Sales
South Africa May Interest Rate Decision
US Markit Flash May Manufacturing/Services/Composite PMI (9:45am et)
NAHB April New Home Sales (10am et)
EIA weekly Natural Gas Report (10:30am et)
K.C. Fed May Manufacturing Index (11am et)
US Treasury Refunding Announcement includes 2-, 5-., & 7-year Notes (11am et)
US Treasury Auctions $11B reopened 10-year TIPS (1pm et)
Fed's Daly, Barkin, Bostic & Kaplan panelists
@Jt Atlanta & Dallas Fed Techhnology-Enabled Disruption Conference
(noon et, Dallas)
OVERNIGHT into US Fri. a.m. et:
New Zealand April Trade Balance
Japan April CPI, March
All Industry Activity Index
Singapore Q1 GDP, April Industrial
Production
German April Import Prices
UK April Retail Sales,
CBI May Distributive Trades Survey
India Bank Loan & Deposit Growth
|
Friday,
May 24 |
|
US April Durable Goods
Orders/Shipments/Capital Goods Orders/Shipments (8:30am et)
Canada Q1 Corporate Profits
Mexican Mar IGAE Economic Activity
Russia April Unemployment Rate, Monthly GDP, Retail Sales
Baker-Hughes weekly US/North American Rig Count (1pm et)
US Bond Markets, only, Close Early (2pm et in advance of Memorial Day on
Monday)
Equities Trade Regular Hours (close at 4pm et)
Fed weekly Balance Sheet & US weekly Money Supply (4:30pm et)
|
Saturday, May 25 |
|
1st Anniversary of Europe's GDPR
(includes Right to be Forgotten)
EU Parliamentary Elections
|
Sunday,
May 26 |
|
EU Parliamentary Elections
(Final day)
ECB's Lautenschlaeger on role of ECB in Europe @Deutsche Bundesbank (Frankfurt)
BoJ Gov Kuroda speaks
OVERNIGHT into US Mon. a.m. et:
ECB's Coeure at BIS hi-level meeting
on inclusion (Basel Suisse 10:40 cet)
|
Monday, May 27 |
|
US MARKETS CLOSED for
Memorial Day
UK Markets Closed for Spring Bank Holiday
OVERNIGHT into US Tues. a.m. et:
German Apr Retail Sales
China Apr Industrial Profits
Japan Apr Corporate Service Prices, BoJ Core
CPI
UK May Nationwide House Price Index,
BBA Apr Loans for House Purchases
Hong Kong April Trade Balance
Swiss Q1 GDP, April
Imports/Exports/Swiss Watch Exports, Unemployment
German GfK June Consumer Confidence, Import
Price Index
Italian Apr Ttrade Balance
Eurozone May Economic, Business, Industrial,
Services & Consumer Sentiment
Monetary Development in the Euro area Dataset +
Nat'l Balance Sheet of euro area financial institutions, ex-Eurosystem, Publicaiton of the
Consolidated Financial Statement of Eurosystem (15:00cet, 05/28 local time)
|
Tuesday, May 28 |
|
Case-Shiller March/Q1 20-city
Home Price Index (9am et)
FHFA March/Q1 Home Price Index
Conference Board's May Consumer Confidence (10am et)
Dallas Fed May Manufacturing Survey
US Treasury Auctions $36B 6-month Bills & $40B 2-year Notes
(11:30am et)
US Treasury Auctions $36B 3-month Bills & $41B 5-year Notes (1pm et)
OVERNIGHT into US Wed. a.m. et:
S. Korea Jun Manufacturing BSI Index
RBNZ (New Zealand) Publishes Financial
Stability Report, ANZ Business Confidence & Activity Outlook, Gov Orr speaks
BoJ Chief Kuroda speaks (Tokyo)
Aussie HIA New Home Sales. May Business
Confidence
French Q1 GDP, CPI, HICP, PPI, Consumer
Spending
German May Unemployment Rate/Claims/Change, Apr
Import Price Index
Swiss May ZEW Expectations
ECB publication of Financial Stability Review
(10:00 cet)
UK BRC May Shop Price Index
|
Wed.,
May 29 |
|
MBA Mortgage/Refinance Applications
(7am et)
Redbook weekly store sales snapshot (8:55am et)
Richmond Fed Manufacturing Index (10am et)
BoC (Canada) MPC Rate Decision & Press Conference w/Poloz &
Wilkins
US Treasury Auctions $18B reopened 2-year FRN (11:30am et)
Brazil Apr Bank Lending, May IGP Inflation Index, FX Flows
US Treasury Auctions $32B 7-year Notes (1pm et)
OVERNIGHT into US Thurs. a.m. et:
China April Swift Global Payments
Aussie Q1 Private Capital Expenditure,
Apr Building Approvals
New Zealand Annual Budget Release + Jan
Budget Balance, Economic Forecast
Spanish May CPI, HICP, Apr Retail Sales
So. Africa Apr PPI
Canada CFIB May Business Barometer &
Q1 Current Account Balance
Brazil Q1 GDP
|
Thurs.
May 30 |
|
US Q1 GDP + PCE (8:30am
et)
US April Int'l Trade Deficit
US Weekly Jobless Claims
ECB Holiday, Ascension Day
Swiss Holiday Ascension Day
US Q1 Corporate Profits
US April (adv) Retail Inventories
US April (adv) Wholesale Inventories
Canada Q1 Current Account
NAR April Pending Home Sales Index (10am et)
EIA weekly Natural Gas Report (w/e 5/24; 10:30am et)
EIA weekly Petroleum/Gasoline/Distillates Report (11am, delayed by Mon
holiday)
Fed V.Chair Clarida on "Sustaining Maximum Employment & Price
Stability @Economic Club of NY (noon et)
BoC Sr Dpty Wilkins speaks
US Treasury to Auction 4-, & 8-week Bills (11:30am et)
Fed weekly Balance Sheet, Aggregate Reserves of Depository Institutions, & US weekly
Money Supply (4:30pm et)
OVERNIGHT into US Fri. a.m. et:
UK GfK May Consumer Confidence &
Lloyds Buisness Barometer
Japan Apr Jobless
Rate/Change/Job-to-Applicant Ratio, Industrial Production, Retail Trade, Loans &
Discounts, May CPI
China May Mnftg, non-Mnftg &
Composite PMI
S. Korea Apr Industrial
Production, Retail Sales, Service Sector Output
Aussie Apr Housing & Private Sector
Credit
Singapore Apr Banking Lending
RBI (India) Monetary & Credit
Information Review
Japan Mar Vehicle Production, Apr Housing
Starts/Construction Orders, May Consumer Confidence
So Korea May Interest Rate
Decision
Swiss April Retail Sales
Italy Q1 GDP, May CPI, HICP, April
PPI
BoE Net Apr Consumer Credit, Lending on
Dwellings, Mortgage Approvals, UK May GfK Consumer Confidence
India Apr Federal Fiscal Deficit, FX Reserves,
Infrastructure Output, 18Q4 GDP
German May CPI, HICP, Apr Retail Sales
Spanish May Current Account
|
Friday,
May 31 |
|
US April Personal
Income/Outlays/PCE (8:30am et)
Canada Mar GDP, Apr Industrial & Raw Materials Price Index, Mar Budget Balance
Chicago May PMI (9:45am et)
Brazil Apr Budget BAlance, Debt-to-GDP Ratio
U.M. final May Consumer Sentiment/Expectations
Fed's Williams on "Monetary Policy-Theory & Practice & the
Lower Bound on Interest Rates" @ Journal of Money, Credit & Banking 50th
Anniversary (NY noon)
Baker-Hughes weekly US/North American Rig Count (1pm et)
USDA Farm Prices (3pm et)
Fed Reserve publishes Assets & Liabilities of Commercial Banks in US
(4:15pm et)
OVERNIGHT into US Fri. a.m. et:
So. Korea May Trade Balance
|
Saturday, June 01 |
|
BoE TNS Inflation Next 12 Months
|
|
WEEKS AHEAD: 06/04 RBA (Aussie)
MPC Rate Decision
06/06 ECB MPC Rate/QE Decision
UK
PM May steps down (announced 05/25)
06/13 SNB (Swiss) MPC Decision
06/18--19 FOMC meets
06/19 FOMC Statement, Powell Press Conference, Updated member Forecasts
06/20 BoE MPC Meets
BoJ MPC Meets
Norges Bank (Norway) MPS Rate Decision
06/25 RBNZ (New Zealand) MPC Rate Decision
06/27 Bank of Mexico MPC Rate Decision
*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, 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 |
|
|
|
|
|