wall street in advance

June 2017  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,    June 04     OVERNIGHT into US Mon. a.m. et:
         South Korea April Current Account
         Aussie AiG May Performance of Service Index, TD Securities May Inflation, Q1 Inventories, Corporate Profits, Q1 Business Inventories, May Job Ads
         Hong Kong May Manufacturing PMI
         Japan May Services & Composite PMI
         China Caixin May PMI Services & Composite PMI
         India May Nikkei Services PMI
         Russia May Markit Services PMI
         Spain May Markit Services PMI
         South Africa Standard Bank May PMI
         UK May New Car Registrations, CIPS May Services & Composite PMI, May Official Reserves
Monday,   June 05 US Q1 Productivity & Costs
US May Services PMI Index
US April Factory Orders & (F) Durable Goods Orders/Shipments
US ISM May Non-manufacturing Index & Services PMI
May LMCI: Labor Market Conditions Index
US Treasury Auctions $39B 3-, & $33B 6-month Bills (That's it!)
TD Ameritrade IMX (12:30pm et)
Holidays in Switzerland, New Zealand & Germany
   OVERNIGHT into US Tues. a.m. et:
         New Zealand Q1 Value of All Buildings, May Commodity Prices
         UK BRC Like-for-Like May Sales
         Aussie Q1 Current Account, Net Exports of GDP
         RBA (Aussie) MPC Interest Rate Decision (06/06 local time)
         Japan April Labor Cash Earnings & April Overtime Pay
         Markit May Eurozone, France, Germany, Italy Services & Composite PMI
         Eurozone Sentix June Investor Confidence, April Retail Sales
         South Africa Q1 GDP, May Business Confidence
         Brazil Markit May Services & Composite PMI
Tuesday,  June 06 Fed's JOLTS (Employment Quits & Turnover)
Gallup US ECI (Employment Cost Index)
Redbook weekly Store Sales Snapshot
Canada Ivey May PMI Index
Brazil May Auto Production & Sales
South Korea Holiday
    OVERNIGHT into US Wed. a.m. et:
         New Zealand Q1 Manufacturing Activity
         Aussie Q1 GDP, AiG May Construction Index, May FX Reserves
         Japan May Official FX Reserves
         China May FX Reserves
         German April Factory Orders + Markit May Construction PMI
          South Africa May FX Resewrves
         Spain April Industrial Production
         Swiss May FX Reserves
         Italian April Retail Sales
         Hong Kong April FX Reserves
         India MPC Interest Rate Decision + Reverse REPO Rate
         Singapore May FX Reserves
         Swedish Central Bank Dpty Gov Skingsley panelist at OECD on "Cashless Society & FinTech
         OECD Eurozone Economic Outlook
         U.K. Halifax May House Prices
         Markit Eurozone, France, Italy, Germany May Retail PMI
         Eurozone Q1 GDP, Gross Fixed Capital, Gov't Expenditure, Household Consumption,
Wed.        June 07 MBA weekly Purchase/Refinance Mortgage Applications
Canada April Building Permits
EIA weekly Petroleum/Gasoline/Distillates Report
Brazil FX FLows
US April Consumer Credit
    OVERNIGHT into US Thurs. a.m. et:

         UK May RICS House Price Balance
         Japan Q1 GDP, Private Consumption/Spending, April Current Account + Trade Balance, May Bank & Trusts Lending
         China May Trade Balance (Exports/Imports), Foreign Direct Investment
         Aussie April Trade Balance
         Swiss May Unemployment Rate + CPI
         Swede Central Bank Dpty Gov Skingsley speech at SABO (Swedish Ass'n of Public Housing Companies) financial conference on Current Economic Situation in Sweden & Abroad
         German April Industrial Production
         French April Current Account, Trade Balance
         Canada May Housing Starts
         South Africa April Gold/Mining Production
         ECB MPC Rate Decision, Deposit Facility Rate, Asset Purchase Target  (06/08 local time)
         EU Justice & Home Affairs Council meeting (thru 06/09 Luxembourg)
Thursday,June 08 ECB's Draghi post-meeting Press Conference
US Weekly Jobless Claims
Qtrly Services Survey
BoC's Poloz & Wilkins press conference @National Press Theatre (Ottawa)
Canada May Housing Starts
EIA weekly Natural Gas Report|
US Treasury Refunding Announcement to include 10-yr Notes & 30-yr Bonds
US weekly Fed Balance Sheet & Money Supply
    OVERNIGHT into US Fri. a.m. et:
         Japan May (P) Machine Tool ORders
         New Zealand May House Sales
         Aussie April Home Loans, Investment Lending, Value of All Loans
         German April Trade Balance, Current Account, Q1 Labor Costs
         China May CPI  + PPI
         UK April Industrial & Manufacturing Production
, Construction Output, Visible Trade Balance
        French Government April Budget Balance, April Industrial Production
        Brazil May CPI
        UK BoE/TNS May Inflation Outlook for 12 months, NIESR May GDP
        Russia Central Bank Reserves
        Canada April New Housing Price Index
Friday,     June 09 US April Wholesale Trade
Canada May Unemployment Rate/Change/Participation

Russia April Trade Balance
Canada's FinMin Morneau talks with US Treas Sec'y Mnuchin
Bk of Spain Gov Linde speaks at Goldman's 21st European Financials Conference (Madrid)
Baker-Hughes weekly US/North American Rig Count (1pm et)
Saturday, June 10 China May Aggregate Financing, Money Supply & New Yuan Loans
Sunday,    June 11     OVERNIGHT into US Mon. a.m. et:
         New Zealand May House Sales & Card Spending
         Japan May PPI, Corporate Goods Price Index, April Core Machinery Orders
         Singapore April Retail Sales
         Aussie April Credit Card Purchases & Balances
         India April Industrial Production, Manufacturing Output + May CPI
         RBA's Ass't Gov Debelle speaks (Hong Kong)
         Italian April Industrial Production
Monday,   June 12 US Treasury Auctions $39B 3-, & $33B 6-month Bills (11:30am et)
US Treas. Auctions $24B 3-year Notes + reopened $20B 10-year Notes (1pm et)
US Treasury May Budget Statement (2pm et)
Holiday in Australia & Russia
    OVERNIGHT into US Tues. a.m. et:
          Japan Q2 BSI Large Manufacturing Conditions
         German May Wholesale Price Index
         Japan Manpower Q3 Survey
         China Manpower Q3 Survey
         Aussie NAB May Business Conditions
         French Q1 Non-Farm Payrolls
         Eurozone, Spain, German & Italian May CPI & HICP
         UK May CPI, PPI, Retail Price Index,  Inputs & Outputs, April House Prices
         German ZEW June Economic Assessments, Sentiment, Forecasts
Tuesday,  June 13 FOMC Meets (thru 14th)
NFIB Small Business Optimism Index
US May PPI--Final Demand
Redbook weekly Store Sales Snapshot
Brazil April Retail Sales
US Treasury Auctions reopened $12B 30-year Bonds  (1pm et)
    OVERNIGHT into US Wed. a.m. et:
         New Zealand May Food Prices, Q1 Current Account Balance, Debt/GDP Ratio, + May Farm Price Index
         South Korea May Unemployment Rate
        China May Retail Sales, Fixed Asset Investments, Industrial Production/ Capacity Utilization
        India May WPI Food, Fuel, & Manufacturing Inflation
        German May (F) CPI
        UK  ILO Q1 Unemployment Rate/Chang
e, May Jobless Claims, Claimant Count, Avg Weekly Earnings
        Eurozone April Industrial Production, & Q1 Unemployment/Change
        IMF's Lagarde & Bundesbank Pres Weidmann speak at conference (Frankfurt DE)
Wed.,       June 14 FOMC Statement, updated Forecasts (2pm est)
FOMC Chair Yellen Press Conference post-meeting
(2:30pm est)
MBA weekly Mortgage/Refinance Applications
South Africa April Retail Sales
US May Retail Sales

US April Business Inventories
Canada/Teranet/Nat'l Bank May Home Price Index
EIA weekly Petroleum/Gasoline/Distillate Stats
Brazil FX Flows
    OVERNIGHT into US Thurs. a.m. et:
          New Zealand Q1 GDP  + May Offshore Holdings
          Aussie June CPI, May Unemployment Rate/Change, RBA FX Transactions
          Swiss May PPI
          French & Italian May CPI & HICP
          RBA Bulletin Published & Ass't Gov  Debelle speaks (Sydney)
          SNB MPC Issues Rate Decision, Assessment & Rates Range(6/15 local time)
          SNB Financial Stability Report 2017 (Bern)
          Eurogroup meets (Luxembourg)
          EU Economic & Financial Affairs Council Meets (Luxembourg)
          EU FinMins Meet (Brussels)
         UK May Retail Sales
          Eurozone April Trade Balance
    BoE MPC Interest Rate Decision, Assessment, QE Targets & Mtg Minutes
Thursday, June 15 US weekly Jobless Applications
Philly Fed June Business Outlook Survey
Canada April Manufacturers Sales/Shipments
NY Fed June Empire State Manufacturing Survey
US May Import/Export Prices
US May Industrial Production/Capacity Utilization

Canada May Existing Home Sales
Russia Central Bank FX Reserves
NAHB June Housing Market Index
EIA weekly Natural Gas Report
US Treasury Refunding Announcement
US April TICS (4pm et)
US weekly Fed Balance Sheet & Money Supply
    OVERNIGHT into US Fri. a.m. et:
         China May FX Net Settlement
         Singapore May non-Oil Exports
         BoJ MPC Interest Rate Decision, QE Targets (06/16 local time)
         BoJ Post-meeting Press Conference
         Japan May Department Store Sales
         New Zealand ANZ Jun Consumer Confidence
         German May WPI
         Italy April Trade Balance
         Russian Central Bank June Interest Rate Decision
         EU 25 May New Car Registrations
         BoE Quarterly Bulletin

         India FX Reserves
         Eurozone May CPI, Q1 Labor Costs
Friday,      June 16 Quadruple Equity & Index Futures & Options Expire
US May Housing Starts/Building Permits
Atlanta Fed Business Inflation Expectations
Canada April Int'l Securities Transactions
U.M. June (P) Consumer Sentiment (10am et)
Fed's Kaplan speaks w/Q&A at Park Cities Rotary Club (Dallas 12:45pm)
Baker-Hughes weekly US/North American Rig Count (1pm et)
Quarterly Rebalance of S&P Indices on close
Annual Rebalance of the Nasdaq 100 on close
Annual Rebalance of Russell Indices on close

Assets & Liabilities at Commercial Banks in US
Saturday, June 17

         WEEKS AHEAD: 06/28  Federal Reserve Releases Mega-Bank CCAR Analysis
(Capital Adequacy)
                                            07/04 US Markets Closed, Independence Day

                                                       RBA (Aussie) MPC Meets
                                            07/05  Minutes of FOMC June 13--14th Meeting
                                           07/10   US Consumer Credit (3pm et)
                                           07/12   Beige Book
                                                       BoC (Canada) MPC Meets
                                           07/20   ECB MPC Meets
                                                       BoJ MPC Meets
                                    07/25--26   FOMC 2-day Meeting                                               

*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 Trump hasn't filled).  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 voters, for 2017: Philly Fed Pres. Patrick Harker, Minneapolis Fed Pres Neel "Too Big to Fail" Kashkari, Dallas Fed's Robert Kaplan, and Chicago 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.  Richmond Fed's Jeff Lacker esigned in early April 2017, when it became known he'd leaked sensitive FOMC discussions to Medley Advisors. Richmond is operating with an Interim Pres, Mark L Mullinix, while the search for a new leader continues.

(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