wall street in advance

February 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,     Feb. 12     OVERNIGHT into US Mon. a.m. et:
         New Zealand Jan. Card Sales
         Japan 16Q4 GDP, CapEx, Private Consumption, Price Index
         Aussie Dec Credit Card Balances/Purchses
         EU Commission Economic Forecasts
         German Jan Wholesale Price Index
         OPEC Monthly Report
         India Jan CPI
         French 3-, 6-, & 12-month BTF Auction
Monday,    Feb. 13 Canada Prime Minister Justin Trudeau visits White House
US Treasury Auctions $34B 3-, & $28B 6-month Bills
     OVERNIGHT into US Tues. a.m. et:
           So Korea Jan. Import/Export Price Index
           Aussie NAB Jan Business Conditions Survey
           China Jan CPI & PPI
           Japan Dec (F) Industrial Production/Capacity Utilization

           India Food, Fuel, Manufacturing WPI Jan Inflation
           German 16Q4 GDP & Jan CPI + HICP
           Swiss Jan CPI, PPI, & Import Prices
           Italy 16Q4 GDP
           UK Jan CPI, RPI, PPI + Dec. House Price Index
           Eurozone 16Q4 GDP
& Dec Industrial Production
           German Feb ZEW Surveys 
Tuesday,   Feb. 14 Valentine's Day
FOMC Chief Yellen semi-annual Testimony in US Senate Banking Panel (10am et)
NFIB Small Business Optimism Index
US Jan. PPI
Brazil Dec Retail Sales
US Treasury Auctions 4-week Bills
Canada Teranet/National Bank Jan House Price Index
Fed's Lacker speaks w/Q&A @U of Delaware Economic Forecast Forum (Newark DE 8:50am et)
Fed's Lockart speaks on crisis, recession & recovery (Hunstville AL 12:50pm et)
Fed's Kaplan panelist at Greater Houston Port Bureau w/Q&A (Houston TX 1pm et)
    OVERNIGHT into US Wed. a.m. et;
         So. Korea Jan Unemployment Rate
         RBA Health speech at ABE Conference (Sydney)
         Aussie Westpac Feb Consumer Confidence, Jan New Motor Vehicle Sales
         Singapore Dec Retail Sales
         Spain Jan CPI, HICP
         South Africa Jan CPI
         UK Jan Jobless Claims/Change/Earnings, +ILO Unemployment Rate
         Eurozone Dec Trade Balance     
         Riksbank (Sweden) MPC Meeting (Wed. local time)
Wed.          Feb 15 FOMC Chief Yellen semi-annual Testimony at US House (10am et)
MBA weekly Mortgage/Refinance Applications
US Jan CPI
US Jan Retail Sales

Empire State NY Feb. Manufacturing Survey
Canada Dec Manufacturers Sales/Shipments
US Jan Industrial Production
US Dec Business Inventories
Israeli PM Bejnamin Netanyahu visits White House
Canada Jan Existing Home Sales
Brazil FX Flows
NAHB Feb Housing Market Index
EIA weekly Petroleum/Gasoline/Distillates Stats (w/e 02/10)
Fed's Rosengren speaks @NY Ass'n for Biz Economics Lunch (noon et)
Fed's Harker on economic outlook @La Salle U 16th Economic Outlook w/Q&A (PA, 12:45pm et)
US TICS
    OVERNIGHT into US Thurs. a.m. et:
         RBA's Ellis panelist
         Aussie Jan. Unemployment Rate/Change/Participation, Feb Consumer Inflation Expectations, RBA Jan FX Transactions
        New Zealand Jan. Non-Resident Bond Holdings
        Italy Dec Trade Balance
        Japan Jan (F) Machine Tool Orders
        EU 25 New Car Registrations
        ECB Minutes of Jan 19th Monetary Policy Meeting
Thursday,  Feb 16 US Jan Housing Starts/Building Permits
US weekly Jobless Claims

Russia FX Reserves
Philly Fed Feb. Business Outlook Survey
EIA weekly Natural Gas Report
US Treasury Refunding Announcement
US Treasury Sells $7B 30-year TIPS
US Weekly Fed Balance Sheet & Money Supply
G20 Foreign Ministers Meet (Bonn Germany thru 17th)
    OVERNIGHT into US Fri. a.m. et:
         New Zealand 16Q4 Retail Sales, + Jan Performance of Manufacturing
         Japan Reuters Feb Tankan Index
         Singapore 16Q4 GDP & Jan Trade Balance
         Eurozone Jan Current Account & Dec. Construction Output
         UK Jan. Retail Sales
         India Bank Loan & Deposit Growth
         Brazil Jan Current Account & Foreign Direct Investment
Friday,       Feb 17 G20 Foreign Ministers Meet (Bonn Germany thru 19th)
US 16Q4 ECommerce Sales
Canada Dec International Securities Transactions
Baker-Hughes weekly US/North American Rig Count (1pm et)
Saturday,   Feb 18
Sunday,       Feb 19 Fed's Mester on monetary policy @Global Interdependence Center Central Banking Series (Singapore  8:15pm et)
Monday,     Feb 20   US Holiday ALL US Markets Closed for Presidents Day
European Finance Ministers meet on Greece
(thru 02/21)
Tuesday,    Feb 21
Wed.,         Feb 22 Minutes of the FOMC Meeting ended 02/01/17 (2pm est)
Germany's Merkel meets, separately, with IMF's Lagarde & EU Commission Pres. Juncker on Greece (Merkel insists IMF must contribute)
Thursday,  Feb 23 USDA 93rd Agricultural Outlook Forum (Arlington VA thru 24th)
Friday,       Feb 24 NGA National Governors Association Winter Meeting (D.C. thru 27th)
Saturday,  Feb 25

         WEEKS AHEAD: 03/01    BoC
(Canada) MPC Meeting
                                        03/09    ECB MPC Meets
                                 03/14--15    FOMC Meets,
                                        03/15    FOMC Updates Forecasts + Yellen post-FOMC Meeting Press Conference

                                        03/16    BoE MPC Meets
                                                    SNB (Swiss) MPC Meets
                                                    BoJ MPC Meets
                                                    Norges Bank (Norway) MPC 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