wall street in advance

March 2020  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,    Mar 15 Democratic Presidential Candidates Debate in D.C. without audience (CNN Broadcast)
    OVERNIGHT into US Mon. a.m. et:
        New Zealand Feb Performance of Services, Net Jan Migration
        Japan 4Q19 GDP/Private Consumption/CPI, Jan. Machine Orders, Feb Bank Lending
        BoJ Feb Sector Current Account Balance
        UK Rightmove Mar House Prices
        China Feb Home Prices
        RBA's Heat
h speaks (Melbourne)
        China Feb Jobless Rate, Industrial Production, Property Investment, Retail Sales
        China NBS (Nat'l Bureau of Statistics) Press Conference

        India Feb Food, Fuel, Manufacturing Inflation
        Swiss Feb Producer & Import Prices
        Italian Feb CPI, HICP
        Eurozone Feb Reserve Assets
        Brazil Net Payroll
        ECB's Lagarde & Panetta attend Eurogroup Meetings (Brussels Belgium)
Monday,   Mar 16 NY FRB Empire State Mar Manufacturing Survey
US Treasury Auctions $42B 3-, & $36B 6-month Bills
(11am et)
Russian Holiday
    OVERNIGHT into US Tues. a.m. et:
        RBA Mar Policy Meeting Minutes,
4Q19 House Price Index
        New Zealand Feb non-Resident Bond Holdings
        Singapore Feb non-Oil Exports
        Japan Mar Reuters/Tankan Index
        Japan Jan (F) Industrial Production/Capacity Utilization,
Tokyo Feb Condo Sales, Nationwide Dept Store Sales
        Swiss March SECO Economic Forecasts, Feb Unemployment Rate 
        UK Jan ILO Unemployment Rate/Change/Avg Wkly Earnings, Feb Claimant Count
        Eurozone ZEW Mar Economic Sentiment Survey/Expectations/Current Expectations
        Euro Mar Sentix Investor Survey
        China Feb CPI + PPI
        German ZEW
Mar Current Assessment/Expectations, Jan Trade Balance
        Eurozone Jan Construction Output, Labor Costs
        ECB's de Guindos @Ecofin Meeting (Brussels)
        ECB's McCaul fireside chat via videoconference @Morgan Stanley European Financials (video) Conference (London 13:00 cet)
Tuesday   Mar 17 Primaries in Arizona, Florida, Illinois, & Ohio
Redbook weekly store sales snapshot
US Feb (adv) Retail Sales
Canada Jan Int'l Securities Transactions, Manufacturing Sales
Russia Feb Industrial Production
US Feb Industrial + Manufacturing Production/Capacity Utilization (8:15am et)
US Jan Business Inventories (9am et)
NAHB Mar Housing Market Index  (10am et)
US Jan JOLTS (Job Turnover & Openings)

Fed Reserve Bd of Governors cancelled closed meeting scheduled for 1pm 
FOMC 2-day meeting CANCELLED
    OVERNIGHT into US Wed. a.m. et:

          New Zealand 4Q10 Current Account
          RBA's Ellis speaks (Sydney)
          BoJ Meets for 2-days (thru 19th Local time)
          Japan Feb Trade Balance
          EU 25 Feb New Car Registrations,
CPI, HICP, Trade Balance
          Eurozone CPI/HICP 
          UK Feb New Car Registrations
          South Africa Feb CPI/Core CPI
          Italian Jan Industrial Orders/Sales, Trade Balance
Wed.        Mar 18 MBA weekly Mortgage/Refinance Applications
US Feb Housing Starts/Building Permits

Canada Feb CPI/Core CPI, Teranet/National Bank Feb Home Price Index
Russia Feb PPI
EIA weekly Petroleum/Gasoline/Distillate/Refinery Report (10:30am et)
FOMC Statement, expected today, was issued Sunday, 03/15, instead
FOMC Chief Powell Press Conference scheduled for today held Sunday, 03/15

Brazil Interest Rate Decision
    OVERNIGHT into US Thurs. a.m. et:
         New Zealand 4Q19 GDP
         Japan Feb National CPI/Tokyo CPI
         Aussie Feb Unemployment Report/Change/Full--Part-Time/Participation
         RBA Feb Fx Transactions
         BoJ Interest Rate & QE Statement, Kuroda Press Conference (03/19 local time)
         China Feb Swift Global Payments, net Fx Settlement
        Japan Jan All Industry Activity Index, Feb Convenience Store + Supermarket Sales
         SNB (Swiss Central Bk) Publishes 2019 Annual Report, Sustainability Report
         SNB Mar Policy Rate/Sight Deposit Rate
         Swiss Feb Trade Balance (Import/Export/Watch Trade)
Thurs.      Mar 19 US weekly Jobless Claims/Continuing Claims
Philadelphia Fed Mar Business Outlook
US 4Q19 Current Account
ADP Canada Non-Farm Employment/Change, Feb New Housing Price Index
EIA weekly Natural Gas Report
US Treasury Auctions 4-, & 8-week Bills (10:30am et; value will be announced 3/17)
South Africa Mar Interest Rate Decision
US Treasury Auctions $12B reopened 10-year TIPS (1pm et)
    OVERNIGHT into US Fri. a.m. et
        So. Korea Feb PPI
        China Mar 1-yr & 5-year Prime Rate
        New Zealand Feb Credit Card/Electronic Card Spending
        German Feb PPI
        Eurozone Jan Current Account
        BoE Feb Public Sector Net Borrwing, Central Gov't NCR, TNS Inflation Outlook
        Russia Mar Intrerest Rate Decision, Feb Retail Sales, Jan Wage Growth
        BoE Quarterly Bulletin/TNS Feb Inflation Survey 
        Canada Jan Retail Sales
Friday,     Mar 20 US Feb Existing Home Sales
Baker-Hughes Oil/Nat Gas US/No. Am. Rig Count
(1pm et)
Saturday, Mar 21 South Africa Human Rights Day
Sunday,    Mar 22 RBA's (Aussie) Kent speaks (Sydney)
    OVERNIGHT into US Mon. a.m. et:
        Singapore Feb CPI
        Hong Kong CPI
        German Feb Import Price Index
        Japan Feb Convenience Store Sales
Monday,   Mar 23 Chicago Fed Feb Nat'l Activity Index
Canada Jan Wholesale Trade Sales
Brazil Federal Tax Revenue, CAGED  Net Payroll Jobs
US Treasury Auctions $45B 3-, & $39B 6-month Bills (11:30am et)
    OVERNIGHT into US Tues. a.m. et:
        Aussie CBA Mar (P) Manufacturing & Services PMI
        Japan Nikkei Mar (P) Manufacturing/Services/Composite PMI Feb Supermarket & Dept Store Sales, Machine Tool Orders
        Markit Eurozone, France, Germany Mar (P) Manufacturing/Services/Composite PMI
       ECB's Lagarde speaks @ECB's Watchers Conference unless cancelled
        Markit UK Manufacturing/Services/Composite Mar PMI, CBI Mar. Selling Prices Trends, Total Orders
        Brazil BCB Copom Meeting Minutes, Mar FGV Consumer Confidence, Jan Retail Sales
        BoE Financial Poloicy Cmte Summary from 3/19/ Meeting (9:30 gmt)
Tuesday,  Mar 24 Georgia Democratic Primary Postponed
Redbook weekly store sales snapshot
Markit Mar. US Manufacturing/Services/Composite PMI
Fed's Bullard speaks @Bk of France event which may be cancelled or Virtually (Paris)
US Feb New Home Sales (10am et)
US Revsisions to Feb Wholesale Inventories
Richmond Fed Mar Manufacturing Index
US Treasury Auctions $26B 52-week Bills (11:30am et)
US Treasury Auctions $40B 2-year Notes (1pm et)
    OVERNIGHT into US Wed. a.m. et
        New Zealand Feb Trade Balance
        BoJ Minutes of Jan. Meeting
        Aussie Feb Skilled Vacancies
        RBNZ (New Zealand) Official Cash Rate
        German Mar IFO Business Current Assessment/Expectations
        Spanish PPI
        Swiss ZEW Expectations
        UK Feb CPI, CPIH, PPI, RPI, Jan House Price Index, CBI Reported Mar Sales
        French Jobseekers Total
        Brazil Jan Service Sector Growth
        BoE/CEPR/Brevan Howard Cntr/Imperial College "Impact of Machine Learning & AI on the UK Economy" (BoE London thru 26th) 
Wed.        Mar 25 MBA weekly Mortgage/Refinance Applications
US Feb (P) Durable & Capital Goods Orders/Shipments
CANCELLED Midwest Anti-Money Laundering Conference (K.C. FRB)
US Jan House Price Index
SNB (Swiss) Quarterly Bulletin

EIA weekly Petroleum/Gasoline/Distillates/Refinery Reports (w/e 03.20)
US Treasury Auctions $18B 2-year FRNs (11:30am et)
US Treasury Auctions $41B 5-year Notes (1pm et)
    OVERNIGHT into US Thurs. a.m. et:
        Japan Feb. Corporate Service Price Index
        Singapore Feb Industrial Production
        China BoP 4Q19 Current Account Balance
        Hong Kong Feb Trade Balance
        German Feb Retail Sales, GfK Apr Consumer Confidence

        Italian Feb Trade Balance
        Fitch Rates UK Sovereign Debt
        Swiss KOF Institute Spring Economic Forecast
        ECB Publishes Economic Bulletin and Loan Quantities

        UK Feb Retail Sales
        South Africa Feb PPI
        Canada CFIB Mar Business Barometer
        BoE MPC Mar Bank & Deposit Interest Rate & QE Decisions, Meeting Minutes, Gov. Bailey Press Conference
Thurs,       Mar 26 US (Adv) Feb Trade Balance
US 4Q19 GDP/PCE/Household Savings & Consumption/Biz Investment

US weekly Jobless Claims (estimates from 2m--2.75m)
US Feb Wholesale  & Retail Inventories
Fed's Bullard speaks @ECB Monetary Policy Forum unless cancelled
EIA weekly Natural Gas Report (w/e 03/20)
K.C. Fed Mar Manufacturing Activity
US Treasury Auctions 4, 8-week Bills (11:30am et)
US Treasury Auctions $32B 7-year Notes
Mexico MPC Sets Overnight Rates

    OVERNIGHT into US Fri. a.m. et:
        Japan Tokyo Mar CPI
        China Feb Industrial Profits
        UK Mar Nationwide House Price Index

         India Bank Loan & Deposit Growth, Fx Reserves
Friday,     Mar 27 US Feb Personal Income/Spending/PCE
U.M. (F) Mar Consumer Sentiment

Canada Jan Budget Balance
US Baker-Hughes weekly Oil.Nat Gas US/No. Am. Rig Count (1pm et)
Saturday, Mar 28
          WEEKS AHEAD:
   04/02      Boston FRB N.E. Study Grp Workshop, "Does Eviction Cause Poverty..?"
                                      04/02--07       NY FRB events these dates 'postponed'
                                             04/15      Chicago FRB CANCELLED 13th Risk Conference "A World in Motion..."
                                       04/16--17     Philly FRB Macro Conference

*FOMC 2020 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 2020: MN Fed's Kashkari, Dallas Fed's Kaplan, Philly Fed's Harker, Cleveland Fed's Mester. Other Fed Presidents include: Atlanta Fed's 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 was a voter until Feb. 2020, completing her predecessor's term (NY Fed CEO Wiliams). 2019 Hawks dissenting against 2019 rate cuts were K.C. Fed's George, Boston's Rosengren, and St. Louis' Bullard but he wanted a bigger cut, earlier, who was backed by Chicago's Evans.
               * HICP used in Europe, means Harmonized Index of Consumer Prices