wall street in advance

July/August 2018 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,    July 29 German Jun Retail Sales
    OVERNIGHT into US Mon. a.m. et
        South Africa Jun Private Sector Credit & M3 Money Supply
        Spain CPI & HICP
        Japan Jun Retail Trade, BoJ starts MPC 2-day Meeting
        UK BoE Jun Net Consumer Credit, Mortgage Approvals, Lending Secured by Dwellings, M4 Money Supply
        Eurozone Jul Economic, Business, Industrial, Services, & Consumer Confidence
        German Jul CPI & HICP
Monday,  July 30 US Jun Pending Home Sales Index
Brazil Jun Budget Balance & Debt/GDP Ratio
Dallas Fed July Manufacturing Survey
US Treasury Auctions $51B 3-, & $45B 6-month Bills (11:30am et that's it for wk)
Federal Reserve Bank Loan Officer Survey
USDA Farm Prices (3pm et  Tariff impact? )
    OVERNIGHT into US Tues. a.m. et
         South Korea Jun Industrial Production, Aug Manufacturing BSI Index, Retail Sales, Jun Service Sector Output
         Japan Jun Jobless Rate, Industrial Production, Loans + Discounts
         UK GfK Jul Consumer Confidence
         China Jul Manufacturing, non-Manufacturing + Composite PMI
         Aussie Jun Building Approvals, Private Sector Credit, HIA New Home Sales
         Japan May Vehicle Production, Jun Construction Orders, Housing Starts, Jul Consumer Confidence
          New Zealand Jul Building Approvals, Housing Credit, Private House Approvals
         Singapore Jun Bank Lending + Q2 Business Expectations
         BoJ MPC Interest Rate Decision/Outlook/10-yr yield Target/Bond Buys
         SNB (Swiss) 17Q2 Currency Allocation
         Eurozone Q2 GDP & Jun Unemployment Rate
         Eurozone, French & Italian Jul CPI & HICP
         Italy Q2 GDP & Monthly Unemployment Report
         Spain Q2 GDP & Current Account
         South Africa Jun Unemployment Rate
         German Jun Unemployment Rate, Jul Jobless Claims/Change
         Canada May GDP, Jun Industrial Product +  Raw Materials Prices
Tuesday,  July 31 FOMC 2-day Meeting Starts
US Jun Personal Income & Spending, Real Personal Consumption, + PCE
Brazil Unemployment Rate
Q2 Employment Cost Index (ECI)
Canada May GDP, Jun IPPI, RMPI
Mexico Q2 GDP
S&P/Case Shiller May 20-city Home Price Index
Redbook weekly store sales snapshot
Jul Chicago PMI
Conference Board's Jul Consumer Confidence (10am et)
Dallas Fed Jul Services Revenue & Texas Jul Services Sector Outlook
US Treasury Auctions 4- week  Bills
    OVERNIGHT into US Wed. a.m. et:
         New Zealand Jul QV House Prices, Q2 Unemployment Rate/Change/ Participa- tion/Private Wages/Overtime/Avg Hourly Earnings
         Aussie Jul AiG Performance of Manufacturing Index & Manufacturing PMI & Commodity Prices
         South Korea Jul CPI, Trade Balance
         UK Jul BRC Shop Price Index
         Japan Jul Official Reserve Assets & Jul Vehicle Sales +Manufacturing PMI
         Aussie CoreLogic Jul House Prices, Commodity Index
         China Caixan Jul Manufacturing PMI
         India Nikkei Jul Manufacturing PMI
         Russia Jul Markit Manufacturing PMI
         Markit Eurozone, France, Germany, Italy, Spain Jul Manufacturing PMI
         Hong Kong Jun Retail Sales
        India MPC Interest Rate Decision, Reverse REPO Rate, Cash Reserve Ratio
         UK Markit Jul Manufacturing PMI & Nationwide HPI
Wed.        Aug 01 US July Motor Vehicle Sales
MBA weekly Mortgage/Refinance Applications
ADP Jul Employment Report (8:15am et Anyone else find it worthless?)
Canada Markit Jul Manufacturing PMI
Brazil MPC Rate Decision, Jul Markit Manufacturing PMI, Trade Balance
US Treasury Refunding Announcement
US July Manufacturing PMI
US July ISM Manufacturing Index/Prices Paid/New Orders/Employment
US June Construction Spending
Markit Mexico Jul Manufacturing PMI
EIA weekly Petroleum/Gasoline/Distillates Report (10:30am et/w-e 7/27)
FOMC post-Meeting Interest Rate Statement (2pm et)
    OVERNIGHT into US Thurs. a.m. et:
        BoJ's Amamiya speaks (Kyoto)
        Swiss Jun Retail Sales, Jul Manufacturing PMI, SECO Consumer Confidence & SVME PMI
        BoE Inflation Report
        Spain Unemployment Rate/Change 
        UK Markit/CIPS UK Jul Construction PMI
        Eurozone Jun PPI
        BoE MPC Aug Rate Decision, Asset Purchase Target, Bond Buying Target, Q3 Inflation Report  (08/02 local time)        
Thursday, Aug 02 BoE Gov Carney post-Meeting Press Conference
Challenger Jul US Lay-off Report
Brazil Jun Industrial Production
US weekly Jobless Claims
US Jun Factory Orders
Singapore Jul Manufacturing PMI
Russia Central Bank Reserves
US Jun (F) Durable Goods Orders & Shipments
EIA weekly Natural Gas Report
Mexican MPC Announces Overnight Interest Rate, Target
Fed weekly Balance Sheet & US Money Supply
    OVERNIGHT into US Fri. a.m. et:
         South Korea Fx Reserves
         Aussie Jun Trade Balance, Jul Performance of Service Index, CBA Services PMI
         BoJ Minutes of Jun 14-15 Policy Meeting. Nikkei Jul Services & Composite PMI
         Aussie Jun Retail Sales
         China Caixan Jul Services & Composite PMI
         Swiss Jul CPI
         Eurozone, Germany, France, Italy, Markit Jul Services & Composite PMI
         India Bank Deposit & Loan Growth, + Fx Reserves 
         UK Jul Official Reserves/Changes, Markit/CIPS Jul Services & Composite PMI
Friday,     Aug 03 US July Unemployment Report /Change/Participation/Avg Hrly Earnings
Canada Jun Int'l Merchandise Trade Balance
US Jun International Trade Deficit (Trump obsession & billy club)
Brazil Markit Jul Services & Composite PMI
Mexico Jul Consumer Confidence
US Jul Services PMI
US Jul ISM Services Index
Baker-Hughes weekly US/North American Rig Count (1pm et)
Saturday, Aug 04
Sunday,    Aug 05    OVERNIGHT into US Mon. a.m. et:
        China BoP Q2 (P) Current Account Balance
        Aussie ANZ Job Ads, TD Securities Jul Inflation
        ANZ New Zealand Jul Commodity Price Index
        German Jun Factory Orders, Jul Markit Construction PMI
        UK Jul New Car Registrations
        Eurozone Sentix Aug Investor Confidence, Retail PMI
Monday,  Aug 06 Conference Board's Jul Employment Trends Index
US Treasury Auctions $51B 3-, & $45B 6-month Bills  (11:30am et)
Brazil Jul Auto Production/Sales
TD Ameritrade IMX (12:30pm et)
Fed Senior Loan Officer Survey
Holiday in Canada
    OVERNIGHT into US Tues. a.m. et:
        Aussie AiG Jul Performance of Construction Index
        Japan Jul Household Spending, Fx Reserves
        China Jul Fx Reserves
        UK Jul BRC Like for Like Sales
        Japan BoJ Summary of Opinions of July 30--31st Mtg, Jun Real Cash & Labor Cash Earnings
        RBA (Aussie) MPC Rate Decision, Cash Rate Target & Fx Reserves (08/07 local time)
        German Jun Trade Balance, Current Account Balance, Industrial Production
        South Africa Jul Fx Reserves
        French Jun Trade Balance & Current Account
        Swiss Jul Fx Reserves
        Hong Kong Jul Fx Reserves
        Singapore Jul Fx Reserves
        UK Halifax Jul House Prices
Tuesday,  Aug 07 Redbook weekly store sales snapshot
Fed Reserve June JOLTS (Job Openings & Turnover  10am et)
Brazil MPC Coupon Meeting Minutes
South Africa Jun Manufacturing Production
Canada Jul Ivey PMI
US Treasury Auctions $34B 3-year Notes (1pm)
June US Consumer Credit  (Debt really, 3pm et)
    OVERNIGHT into US Wed. a.m. et:
        Japan Jun Trade Balance, Bank Lending, Jun Current Account Balance, Eco Watchers Survey of Current & Future
        China Jul Trade Balance, Foreign Direct Investment
        Spain Jun Industrial Production
        Aussie Jun Home Loans, Investment Lending, Value of All Loans.
        RBA Gov Lowe speaks (Sydney, 08/08 local time)
Wed.,       Aug 08 MBA weekly Mortgage/Refinance Applications
Canada Jun Building Permits (Vancouver feeling some housing pain)
Fed's Barkin on "Unlocking Our Potential" w/Q&A (Roanoke VA 8:45am et)
EIA weekly Petroleum/Gasoline/Distillates Report (10:03am et for w/e 8/03)
US Treasury Auctions $26B 10-year Notes (1pm et  Uh Oh!)
    OVERNIGHT into US Thurs. a.m. et:
         RBNZ (New Zealand) MPC Announces Official Cash Rat
e+Policy Statement (08/09 local time)
         UK RICS Jul House Price Balance
         Japan Q2 Housing Loans, Jun Machine Orders, Jul M3 Money Supply
         New Zealand REINZ Jul House Sales
         China Jul CPI & PPI
         Swiss Jul Unemployment Rate
         Japan Jul Machine Tool Orders
         ECB July Economic Bulletin Released
Thurs.       Aug 09 US weekly Jobless Claims
US July PPI-FD & Core PPI (8:30am et)
US July Chain Store Sales (the few that still report, KR & COST most notably)
Fed's Evans discusses w/reporters the target interest rate upper limit (9:30am)
US June Wholesale Trade
EIA Natural Gas Report (10am et)
US Treasury Refunding Announcement
Canada Jun New Housing Price Index & Jul Housing Starts
Mexico Jul CPI
US Treasury Auctions $18B 30-year Bonds (1pm et  Uh-Oh!)
Holidays in Singapore & South Africa
Fed weekly Balance Sheet & US Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
         New Zealand Jul Credit Card Spending, Business NZ Jul Manufacturing PMI
         Japan Jul Corporate Goods Price Index, Q2 GDP CapEx, Price Index, Private Consumption, External Demand, PPI
         China Jul Aggregate Financing, Foreign Direct Investment, New Yuan Loans
         RBA Quarterly Statement on Monetary Policy
         Japan Jun Tertiary Industry Index
         Singapore Jun Retail Sales
         French Q2 Non-Farm Payrolls, Jun Industrial Production
         Italian Jun Trade Balance
         UK Jun & Q2 Trade Balance, Industrial & Manufacturing Production, Construction Output, Index of Services
         Hong Kong Q2 GDP
         India Jun Industrial Production, Manufacturing Output, Fx Reserves
Friday,      Aug 10 US July CPI + Core CPI
Brazil Jun Retail Sales
Canada Jul Unemployment Rate/Change/Participation/Full time/Part time
UK NIESR Jun/Q2 GDP/Private, Business + Gov't Spending
Mexico Jun Industrial Production NSA
Baker-Hughes weekly US/North American Rig Count (1pm et)
US Treasury Budget Released (2pm et)
Saturday, Aug 11 Japan Holiday

         WEEKS AHEAD:  
08/16   Norges Bank (Norway) MPC Meets
                                          08/22   FOMC Aug 1st Meeting Minutes
                                          09/13   ECB MPC Meets
                                                       BoE MPC Meets
                                   09/25--26   FOMC Meets, Updates Forecasts, Press Conference to Follow
*FOMC 2018 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, 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, currently without a leader, since Williams left for NY. The hole in the San Francisco Fed's hierarchy results in Esther George--a vrey vocal hawk--becoming a voting member of the FOMC, bolstering hawkish positions voiced by Cleveland Fed's voter, Loretta Mester, 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 a new leader. 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 Prices