wall street in advance

August 2018 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,    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
Sunday,   Aug  12     OVERNIGHT into US Mon. a.m. et:
         German Jul Wholesale Price Index
         French Jun Trade Balance
         Singapore Q2 GDP
         India Jun Industrial Production/.Manufacturing Output, Jul CPI
         OPEC Monthly Report
Monday,  Aug. 13 US Treasury Auctions $51B 3-, & $45B 6-month Bills
    OVERNIGHT into US Tues. a.m. et:
         Aussie NAB Jul Business Conditions Survey
        China Jul Jobless Rate, Retail Sales, Industrial Production, Fixed Assets, Jun (F) Industrial Production/Capacity Utilization
        South Korea Jul Import/Export Price Index
        French Q2 Unemployment Rate
        German Q2 (P) GDP, July CPI, HICP
        India WPI Jul Food, Fuel, Inlfation, Manufacturing Inflation
        French, Spanish Jul CPI, HICP
        Swiss Jul Producer & Import Prices
        UK Jul Claimant Count/Change, Avg Wkly Earnings, ILO 3-month Unemployment Rate/Change
        German ZEW Aug Economic Sentiment
        South Africa Jun Gold & Mining Production
        India Trade Balance
        Eurozone Jun Industrial Production, Q2 (P) GDP, ZEW Aug Survey
        Eurogroup Meetings

Tuesday,  Aug 14 NFIB Small Business Optimism Index
Canada Teranet/National Bank Jul Home Price Index
US Import/Export Prices
Redbook weekly store sales snapshot
US Treasury Auctions $26B 52-week bills
NY Fed Releases 18Q2 Household Debt & Credit Report
    OVERNIGHT into US Wed. am. et:

         Aussie Q2 Wage Price Index, Westpac Aug Consumer Confidence
         China Jul New Home Prices
         UK Jul CPIH, CPI, Retail Price Index, PPI, Jun House Price Index
Wed.        Aug 15 MBA weekly Mortgage/Refinance Applications
US July Retail Sales
US Q2 Unit Labor Costs (P)
Empire State Aug Manufacturing Survey
Canada Jul Existing Home Sales
US Q2 Productivity & Costs
July US Industrial Production/Capacity Utilization
Atlanta Fed Business Inflation Expectations
US June Business Inventories
NAHB Aug. Housing Market Index
EIA weekly Petroleum/Gasoline/Distillates Report
(w/e 08/11)
US Jun TICS
Holidays in India, Italy & South Korea
    OVERNIGHT into US Thurs. a.m. et;
         Japan Jul Trade Balance + Foreign Investments in Japan & Vice Versa
         South Africa Jun Retail Sales
          RBA (Aussie) Ellis speaks (Canberra), & Jul  Unemployment Rate/ Participation/Full-Time/Part-Time, Jul Foreign Exchange Transactions
         New Zealand non-resident Bond Holdings
         Norges (Norway) Bank MPC Meeting Decision (08/16 local time)
         UK Jul Retail Sales
         Eurozone Jun Trade Balaance
Thursday, Aug 16 July Housing Starts/Building Permits
Canada ADP July Payrolls Report,
Jun Manufacturers Sales
US weekly Jobless Claims
Philly Fed Business Outlook Survey
EIA weekly Natural Gas Report
Fed weekly Balance Sheet + Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
         RBA Gov Lowe Semiannual Testimony
         Japan Reuters Aug Tankan Index

         Singapore Jul Trade Balance
         China Jul Net Fx settlement
         Hong Kong Jul Unemployment Rate
         India Bank Loan & Deposit Growth, Fx Reserves
         Japan Jul Nationwide & Tokyo Dept Store Sales, BoJ Outright Bond Purchases
         Eurozone Jun Current Account, Jul CPI
Friday,     Aug 17 Canada Jun Int'l Securities Transactions, Jul CPI
Russia Retail Sales & PPI
U.M. (Prelim) Aug Consumer Sentiment
US Q2 eCommerce Sales
Baker-Hughes weekly US/North American Rig Count (1pm et)
Saturday, Aug 18

         WEEKS AHEAD:  
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