wall street in advance

March/April 2017  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,     Mar. 26 OPEC & non-OPEC Oil Producers Meet on Cut Compliance (Kuwait)
Bulgarians Vote for PM, an Interim PM Serving Now
PBoC's Zhou speaks on Supply-Side Economics @Boao Forum
    OVERNIGHT into US Mon. a.m. et;
         BoJ Minutes of 03/15--16 Meeting
+ Feb Corporate Services PMI
         Japan Corporate Services Price Index
         German Feb Retail Sales
         Chinese Feb Industrial Profits
         Eurozone Feb M3
         German IFO Mar. Business Climate/Expectations/Assessments
         Eurozone Private Sector Loans
         Hong Kong Feb. Exports/Imports
Monday,   Mar. 27 Chicago Fed's Evans OMFIF Central Bank Series Lecturer; ECB's Praet panelist (Mardrid Spain)
Dallas Fed Manufacturing Survey
US Treasury Auctions $39B 3-, + $33B 6-month Bills (11:30am et)
US Treasury Auctions $26B 2-year Notes (1pm et)
Federal Reserve 21st Century Symposium for College educators (NY)
OMFIF (Official Monetary & Financial Institutions Forum) speakers include advisor for Brexit to UK, and former Swiss Ambassador to UK Lautenberg (London)
Chico Fed's Evans speaks at Global Interdependence Center w/Q&A   (Madrid ES)
    OVERNIGHT into US Tues. a.m. et:
         Dallas Fed's Kaplan participates in "A Discussion of Economic Conditions & the Role of Monetary Policy" @Texas A&M Univ w/Q&A (6:30pm  TX)
        RBA's As't Gov Debelle speaks (Sydney Australia)
        South Korea 16Q4 GDP
        French Feb Consumer Spending
        Italian Jan Industrial Orders/Sales
        UK Nationwide Mar. House Prices 
Tuesday,  Mar. 28 US Feb. Int'l Trade Deficit
US Feb Wholesale & Retail Feb Inventories

Redbook weekly Store Sales Snapshot
S&P Case/Shiller Jan. 20-city Home Price Index
Conference Board's March Consumer Confidence
Richmond Fed Manufacturing Index
US Markit Mar. (Prelim) Services & Composite PMI
BoC's Poloz speaks w/Press Conference (Oshawa)
Dallas Fed Mar. Services Sector Revenues & Outlook
US Treasury Auctions $20B 52-week Bills
FDIC Meeting of Advisory Committee on Community Banking (D.C. @FDIC)
SNB's Maechler speaks (Geneva)
Fed's George keynote on US Economy & Monetary Policy @Banking and the Economy: A Forum for Women in Banking w/Q&A (Midwest OK  12:45pm)
Fed's Kaplan discussant @Dallas Cmte on Foreign Relations w/Q&A (TX 1pm)
US Treasury Auctions $34B 5-year Notes (1pm et)
    OVERNIGHT into US Wed. a.m. et:
         South Korea April Manufacturing BSI Index
         Japan Feb Retail Trade
         Swiss UBS Feb Consumption Indicator + KOF Institute Spring Economic Forecast & ZEW March Survey
         UK Feb Net Consumer Credit, Net Dwellings Lending, Mortgage Approval, M4
          Italian Feb Wage Inflation & Mar Consumer + Business Confidence
          Riksbank Dpty Gov Floden discusses "Fintech, Regtech, Insurtech: Competition or Alliance in the future business model?" (Stockholm)
Wed.         Mar. 29 UK P.M. May expected to invoke Article 50 of Lisbon Treaty, triggering Brexit Negotiations
MBA weekly Mortgage/Refinance Applications
Brazil Feb Bank Lending + Foreign Exchange Flows
NAR Feb Pending Home Sales
EIA weekly Petroleum/Gasoline/Distillate Stats
(w/e 03/24 10:30am et)
Fed's Rosengren on Economic Outlook @Boston Economic Club (11:30am et)
US Treasury Auctions $13B reopened  2-year FRN Notes (11:30am et)
US Treasury Auctions $28B 7-year Notes (1pm et)
Fed's Williams presents, "From Sustained Recovery to Sustainable Growth: What a Difference Four Years Makes," @Forecasters Club of NY w/Q&A (1:15pm et)
    OVERNIGHT into US Thurs. a.m. et:
          Chico Fed's Evans OMFIF Capital Markets @DZ Bank (Frankfurt DE) 
          China 16Q4 (Final) Current Account
          Aussie HIA Feb New Home Sales + Job Vacancies
          China Feb Swift Global Payments
          German Feb Import Price Index
          Spain & German Mar CPI + HICP Price Indices
          Hong ong Feb Retail Sales
          South Africa Feb Private Sector Credit, PPI, + Feb M3 Money Supply
          Eurozone March Economic, Business, Industrial, Services & Consumer Confidence + Mar. (P) CPI
Thursday, Mar. 30 Canada CFIB Mar. Business Barometer + Feb Industrial & Raw Materials Prices
US Final 16Q4 GDP
US weekly Jobless Claims
Brazil Jan Retail Sales
US Final 16Q4 Corporate Profits
Russia Feb Central Bank Reserves
South Africa Feb Prime Rate
Fed's Mester speech "Payment System Improvement" @10th Annual Risk Conference co-hosted by Chicago Fed & DePaul Univ Center for Financial Services (IL 9:45am)
EIA weekly Natural Gas Report
Fed's Kaplan participant @US Chamber of Commerce Capital Markets Summit (DC 11am)
Fed's Williams speaks at launch of "Strong, Properous & Resilient Communities Challenge" (NY 11:15am et)
USDA weekly Food Prices
Brazil Q2 Long Term Interest Rate (TJLP current 7.5%)
US weekly Federal Reserve Balance Sheet & Money Supply
    OVERNIGHT into US Fri. a.m. et:
         South Korea feb Industrial Production & Service Sector Output
         Japanese Gov't & Corporate Year End (03/31) has often triggered yen repatriation that could reverse in coming weeks
         New Zealand Feb Building Permits
         UK GfK Mar. Consumer Confidence + Lloyd's Business Barometer
         Japan Feb Jobless Rate/Change, Jobs/Applicant Ratio, Household Spending, CPI. Industrial Production, Loans & Discounts
         Aussie Feb Private Sector Credit/Housing Sector Credit 
         China Mar. Manufacturing & Services PMI
         Singapore Feb Bank Lending
         Japan Feb Vehicle Production, Housing Starts, Construction Orders
         German Mar Unemployment Rate/Change + Feb Retail Sales
         UK 16Q4 (Final) GDP, Total Business Investment, Jan. Index of Services, Nationwide Mar House Price Index, Q4 Business Investment, Current Account 
         French Feb Consumer Spending + PPI, Mar CPI + HICP
         Hong Kong Feb M3 Money Supply
         Italian Mar CPI & HICP + Feb PPI
         Spain Feb Retail Sales
         Eurozone Mar. (adv) CPI
        
Friday,       Mar. 31 US Feb. Personal Income & Outlays + PCE & Savings Rate
Chicago PMI
Canada Jan GDP
U.M. (Final) March Consumer Sentiment
Dallas Fed Feb. PCE
Fed's (TBTF & dissenter to rate hike) Kashkari discussant @Annual Banking Law Institute w/Q&A (Minneapolis  10am)
Fed's Bullard interviewed on US Economy & Monetary Policy @Quinnipiac Global Asset Management Education Forum w/Q&A (NY 10:30am et)
Brazil Feb Debt/GDP Raio & Budget Balance
India Bank Deposit & Loan Growth & Q4 Foreign Debt
Baker-Hughes weekly US/North American Rig Count (1pm et)
    OVERNIGHT into US Sat. a.m. et:
         South Korea March Trade Balance (Imports/Exports)
         China Caixin Mar. Manufacturing PMI
         Spain March Manufacturing PMI
Saturday, April 01 ECB trims its QE bond buying to Eur60B monthly, from Eur80B monthly, while extending duration to 1-year and allowing debt below the official (-0.4)% ECB Rate, lengthening QE through year-end (Draghi rejects word: "Taper")
LME will start Commodity Warehouse Annual Inspections
Sunday,      April 02     OVERNIGHT into US Mon. a.m. et:
         Aussie Mar. AIG Performance of Manufacturing Index
         Nikkei Japan Mar. Manufacturing PMI
         Japan 17Q1 Tankan Non-Manufacturing, Large & Small Mnftg  Index + All Industry CapEx & Japan March Official Reserves
         Aussie CoreLogic March House Price Index & March Job Advertisements, TD Securities Inflation, Feb Retail Sales, Building Approvals
         China Caixin Mar. Manufacturing PMI
         Japan Mar. Vehicle Sales
         Aussie/RBA March Commodity Index
         Russia Markit March Manufaturing PMI
         Swiss Feb Retail Sales & Mar. SVME PMI
         Markit France, Italy, Germany, Eurozone & Spain Manufacturing PMI
         Italy Feb Unemployment Report
         UK Market Mar. Manufacturing PMI
         Eurozone Feb PPI + Feb Unemployment Rate
Monday,   April 03 NY Fed's Dudley press briefing on household borrowing, including student debt and impact on homeownership w/Q&A (NY 10:30am et)
Markit Brazil March Manufacturing PMI + Mar Trade Balance
Sinagpore Mar. Manufacturing PMI
South Africa March Total Vehicle Sales
Canada RBC Mar. Manufacturing PMI
US March Manufacturing PMI
US March Manufacturing ISM
Canada Mar. Markit Manufacturing PMI
+Business Outlook for Future Sales
BoC Senior Loan Officer Survey
US Feb Construction Spending
US Treasury Auctions $39B 3-month, & $33B 6-month Bills (That's it!)
Fed's Harker speaks on FinTech (Philadelphia at Uof P)
Fed's Lacker on "From 'Real Bills' to 'Too Big to Fail': H. Parker Willis & the Federal Reserve's First Century" w/Q&A @Washington & Lee Univ (VA 5pm et)
China Holiday
      OVERNIGHT into US Tues. a.m. et;
           New Zealand NZIER Q1 Capacity Utilitizaiton + Biz Confidence
           So Korea Mar CPI
           Japan March Monetary Base
           Aussie Feb Trade Balance (Imports/Exports)
           RBA (Aussie) MPC Rate Decision (04/04 local time)
           Spanish Unemployment
           Italy 16Q4 Public Debt
           UK Markit/CIPS Mar. Construction PMI
           Eurozone Feb. Retail Sales
           Brazil Feb Industrial production
           Conference supporting Future of Syria (Brussels thru 04/05)
           ECB Governing Council/Bk of Finalnd Gov. Liikanen on post-crisis regulation in the financial markets (Helsinki 04/04 local time)
           Fed's Lockhart keynotes 2nd Annual SSGA-OMFIF Roundtable meeting (to 04/05 London)
Tuesday,  April 04 US March Motor Vehicle Sales
US Feb Int'l Trade Deficit

Redbook weekly Store Sales Snapshot
Canada Feb Int'l Merchandise Trade
US Feb Factory Orders + (F) Durable Goods Orders/Shipments
China, Hong Kong & India Holidays
Fed's departing Gov. Tarullo addresses Princeton Univ. w/Q&A (4:30pm et)
      OVERNIGHT into US Wed. a.m. et:
           South Korea Feb Current Account
           New Zealand QV Mar. House Prices
           RBA (Aussie)'s Heath panelist at Bloomberg event + Mar. Performance of Services
           UK BRC Mar. Shop Price Index
           Japan Nikkei Mar. Services & Composite PMI + 10-yr JGB Auction
           New Zealand ANZ Mar Commodity Price Index
           Russia Markit Mar. Services PMI
           Standard Bank So. Africa Mar PMI
           Markit Eurozone, France, Germany, Italy + Spain March Services & Composite PMI
           Norges Bank's Gov Olsen speaks @ The Federation of Norwegian Industries
           UK Mar. New Car Registrations, Markit/CIPS Services + Composite PMI, Official Reserves, 16Q4 Unit Labor Costs + Q/o/Q Housing Equity Withdrawal
Wed.,        April 05 FOMC 3/14--15 Meeting Minutes Published (2pm et)
Atlanta Fed's Lockhart @OMFIF (London)
MBA weekly Mortgage/Refinance Applications
ADP March Private Sector Employment Report/Change
March Markit PMI Services + Composite Index
March ISM Non-Manufacturing Index
EIA weekly Petroleum/Gasoline/Distillate Stats (w/e 03/31)
       OVERNIGHT Into US Thurs. a.m. et;
            Hong Kong Mar Manufacturing PMI
            RBA's Debelle speaks (Sydney)
            China Caixin Mar. Services & Composite PMI
            India Interest Rate Decision (current 6.25%) , Cash Reserve Ratio, Reverse REPO Rate (current 5.75%)
            India Nikkei Mar. Services PI
            Japan March Consumer Confidence
            German Feb Factory Orders & Markit Mar. Construction + Retail PMI
            Swiss March CPI
            Markit eurozone, France & Italy March Retail PMI
            ECB Account of Monetary Policy Meeting (Minutes by another name)
Thursday,  Apr. 06 Challenger March Job-Cut Report
US weekly Jobless Claims
Canada Feb Building Permits
Russia Central Bank Reserves
March Chain Store Sales (9 still report)
Fed's Williams panelist (Frankfurt)
Brazil Mar Auto Production & Sales
EIA weekly Natural Gas Report
US Treasury Refunding Announcement
Fed's Weekly Balance Sheet & US Money Supply
     OVERNIGHT into US Fri. a.m. et:
          Japan March FX Reserves
          Aussie AIG March Performance of Construction Index
          China Mar. Foreign Reserves
          Japan Feb Labor Cash Earnings/Overtime
          Swiss March Unemployment Rate + FX Reserves
          German Feb. Industrial Production Current Account, Trade Balance
          South Africa Mar FX Reserves
          Spain Feb Industrial Production
          Aussie March Foreign Reserves
          Norges Bk Dpty Gov Nicolaisen speaks @The European Covered Bond Council (Oslo) 
          French Feb Current Account +Budget Balance + Trade Balance
          Italy Feb Retail Sales
          UK Halifax plc March House Prices, Feb. Industrial & Manufacturing Production, Feb Construction Output, Visible Trade Balance 
          Hong Kong March FX Reserves
          Singapore March FX Reserves
          Brazil March CPI
Friday,       April 07 March US Unemployment Report/Change/Participation + Avg. Hourly earnings
US Feb. Wholesale Trade + Inventories
Canada Feb Building Permits & Mar. Unemployment Rate/Change/Participation
UK  NEISR Mar. GDP
Canada Mar Ivey PMI
Baker-Hughes weekly Rig Count (1pm et)
US Feb. Consumer Credit
(3pm et)
Saturday,  April 08 China March Foreign Direct Investment

         WEEKS AHEAD: 04
/12     BoC MPC Rate Decision & Monetary Policy Report/Press Conference
                                                      BoC's Gov Poloz  +Dpty Gov Wilkins Presser on Monetary Policy Report
                                        04/19     Fed's Beige Book
                                        04/27      ECB MPC Meets
                                                      BoJ MPC Meets
                                                      Riksbank (Sweden) MPC Meets
                                        05/03      FOMC Meets

*FOMC 2017 Voting Members:  Five governors on the FOMC are permanent voters: Janet Yellen, Stanley Fischer, Lael Brainard, Jay Powell and Dan Tarullo.vote at every meeting. (Board Governors endure 2 vacancies that Senate refuses to confirm).  NY Fed pres.also a permanent FOMC voting member. The rest of the voters, in 2017, are 5 of the 11 regional Fed Pres.:New voting members, for 2017, include Philly Fed Pres. Patrick Harker, Minneapolis Fed Pres Neel "Too Big to Fail" Kashkari, Dallas Fed's Robert Kaplan, and Chiago Fed Pres Charles Evans.  Evans was last a voter in 2015. The other 3 are voters for the first time. Loretta Mester (Cleveland), Eric Rosengren (Boston), James Bullard (St. Louis) and Esther George (Kansas City) have lost their votes in 2017. In an Oct. speech, Harker said he would have preferred if rates had been raised at the prior FOMC meeting. Kaplan was a 23-yr veteran of Goldman Sachs before winding up at Harvard Business School. Mester & George are hawks that dissented at several 2016 meetings until the 2016 rate hike announced 12/14 but aren't voters in 2017.  
                     

(C)1998-2017  Sandi Lynne. Property of wallstreetinadvance.com All rights Reserved. Unauthorized duplication prohibited.
Please address comments to sandi.lynne@wallstreetinadvance.com

Please read our disclaimer