wall street in advance

April 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,   April 08 BPoC's Zhou speaks @Boao Forum for Asia (Boao Hainan Province China thru 11th)
China March Foreign Direct Investment
    OVERNIGHT into US Mon. a.m. et:
         Aussie AiG Performance of Construction Index
         Japan Feb Current Account Balance & Trade Balance
         New Zealand REINZ March House Sales
         Japan Mar. Consumer Confidence & Bankruptcies
         Swiss Mar. Unemployment Rate
         South Africa Mar. Fx Reserves
         Hong Kong Fx Reserves
         Singapore Fx Reservces
         German Feb Trade Balance
         Aussie March FX Reserves
         UK Halifax Mar. House Prices
         Eurozone Sentix April Investor Confidence.
Monday, April 09 US Treasury Auctions $48B 3-, & $43B 6-month Bills (11:30am et)
Canada Mar Housing Starts, Q1 Business Outlook on Future Sales, BoC Senior Loan Officer Survey
Conference Board's March Employment Trends Index
TD Ameritrade IMX (12:30pm)
    OVERNIGHT into US Tues. a.m. et:
         UK BRC March Like-for-Like Sales

         China Mar. Money Supply, Aggregate Financing, New Yuan Loans
         German Mar. Wholesale Price Index
         Aussie NAB Mar Business Conditions/Confidence
         Norges Bank Gov Olsen speaks to Foreign Embassy Representatives
         French & Italian Feb Industrial Production
         South Africa Feb Manufacturing Production
         Japan Mar Machine Tool Orders
         ECB Gov. Council Member Hansson speaks (Frankfurt)
Tuesday, April 10 NFIB Small Business Optimism Index

Brazil March CPI
Canada Feb Building Permits
Redbook weekly chain sales snapshot
US Wholesale Inventory/Sales
Social Media Execs Testify at US Senate on data security & Privacy
US Treasury Auctions $30B 3-year Notes (1pm et)
    OVERNIGHT into US Wed. a.m. et:
         New Zealand QSBO Q1 Capacity Utilization
         South Korea Marc. Unemployment Rate
         Japan Feb Machine Orders, Mar. Domestic Corporate Goods Price Index, Bank Lending
         China Mar CPI & PPI
         RBA (Aussie) Gov. Lowe speaks
         Italian Feb Retail Sales
         Germany 30-year Bund Auctiion
         UK Feb. Visible Trade balance, Industrial/Manufacturing/Construction Production, NIESR March GDP, 10-yr Treasury Gilt Auction
Wed.       April 11 MBA Mortgage/Refinance Applications
US March CPI (8:30am et)
Russia Feb Trade Balance
Atlanta Fed Business Inflation Expectations (10am et)
Brazil FX Flows
Facebook's Zuckerberg testifies at House Energy & Commerce Cmte
EIA weekly Petroleum/Gasoline/Distillates Status 
US Treasury Auctions $13B reopened 10-year Notes (1pm et  Length has been problematic)
FOMC Minutes of March 20--21st Meeting (2pm Discussed more pressers?)
US Treasury April Budget
    OVERNIGHT into US Thurs. a.m. et:
         New Zealand Mar. Card Spending
         UK RICS Mar. House Price Balance
         Japan Mar. Money Stock/M3
         Aussie Feb Home Loans, Investment Lending, Credit Card Purchases/Balances
         BoE Credit Conditions & Bank Liabilities Surveys
         Singapore Retail Sales
         South Korea April Interest Rate Decision (Post-Olympic Slump?)
         French Mar. CPI, HICP
         Eurozone Feb Industrial Production
         South Africa Feb. Mining & Gold Production
         India Feb Industrial Production/Manufacturing Output & Mar CPI
         ECB Releases Account of Monetary Policy Meeting
Thursday, April 12 OPEC Monthly Report
US March Chain Store Sales (The few who still report monthly)
Brazil Feb Retail Sales
Weekly US Jobless Claims
Canada Teranet/National Bank March Home Price Index (HPI)
BoE's Carney speaks at Canada Growth Summit (Toronto)
US March Import/Export Prices
EIA weekly Natural Gas Report
US Treasury Refunding Announcement
Fed Reserve Balance Sheet & US Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
         South Korea Mar. Export & Import Price Index
         Singapore Q1 GDP
         China Mar. Trade Balance (Imports/Exports)
         RBA (Aussie) Financial Stability Review
         German Mar. CPI, HICP
         Eurozone Feb Trade Balance
         IEA Monthly Report
         India Bank Loan & Deposit Growth, Trade Balance, Fx Reserves
         ECB Chief Draghi talks to winnders of Generation Euro Students' Award
Friday,     April 13 Canada Mar. Existing Home Sales
U.M. (P) April Consumer Sentiment
Fed's Rosengren speaks @Greater Boston Chamber Economic Outlook Breakfast
Fed's Bullard on "Living Standards Across U.S. Metropolitan Statistical Areas (Washington Univ. Calhoun Lecture Series) 
Baker-Hughes weekly No. American/US Rig Count (1pm et)
Saturday, April 14
Sunday,   April 15     OVERNIGHT into US Mon. a.m. et:
         BoJ Dpty Gov Amamiya speech at IMF-hosted FinTech Seminar (Tokyo)
         German March Wholesale Price Index
         India March Wholesale Price Index, Manufacturing Inflation
         Swiss Mar Producer & Import Prices
         UK Right Move House Price Index
Monday, April 16 US March Retail Sales
Empire State April NY Fed Manufacturing Survey
US Feb Business Inventories
Russia Industrial Production
NAHB April Housing Market Index
CES on the Hill
(Capital Hill Washington DC)
US Treasury Auctions $48B 3-, & $42B 6-month Bills
Fed's Bostic speaks w/Q&A on Eco & Rural Market Trends @Shoals Chamber of Commerce (1:15pm Florence AL)
US Feb. TICS  (4pm et)
    OVERNIGHT into US Tues. a.m. et:
         Singapore March Trade balance
         Japan March Department Store Sales
         China Q1 GDP, Mar. Retail Sales, Industrial Production, Fixed Asset Investment
         China NBS Press Conference
         Japan Feb Industrial Production/Capacity Utilization 
         Italy March CPI & HICP
         New Zealand March Non-Resident Bond Holdings
         UK ILO Feb Unemployment Rate/Change/Claims/March Claimant Count
         German ZEW April Survey Sentiment/Expectations/Current Situation
Tuesday, April 17 US 2017 Personal Federal Tax Returns Must be Postmarket by Midnight Today
US March Housing Starts/Building Permits

Redbook weekly chain store sales snapshot
World Bank Group & IMF Joint Meetings (thru 22nd  Bank Pres Kim Presser 9am)
Canada Feb Manufacturing Sales, Int'l Securities Transactions
Fed's Williams on "Global Recovery: The Good, the Bad, and the Ugly" at NABE-Bk of Spain Event w/Q&A (9:15am? Madrid Spain)
US March Industrial Production/Capacity Utilization
27th Annual Hyman P Minsky Conference: "Financial Stability in a World of Rising Rates & the Repeal of Dodd-Frank" (Annandale-on-the-Hudson, NY thru 18th)
Fed Gov. Quarles at US House FinServices Cmte: "The Semiannual Testimony of the Federal Reserve's Supervision & Regulation of the Financial System" (D.C.)
Fed's Harker "The Economics of Equitable Education: How Today's Loans, Access & Training Affect Tomorrow's Economy," w/Q&A at St Joseph's Univ. (Philadelphia 11am)
Swedish Central Bank Gov Ingves panelist on impact on Central Banks from Digitailization of Money (D.C.)
Fed's Evans on current eco conditions/monetary policy @Chicago Rotary Club Lunch w/Q&A that includes media (Chicago 1:40pm)
    OVERNIGHT into US Wed. a.m. et:
         Japan March Trade Balance (Imports/Exports)
         China March New Homes & Properties Prices
         EU 25 March New Car Registrations
         UK March CPI, Retail, Producer & (Feb) House Price Indices
         German Mar Wholesale Price Index
         Italy Feb Industrial New Orders/Sales
         EU Feb Construction Output, March CPI
Wed.,     April 18 MBA Mortgage/Refinance Applications
Russia Mar Unemployment Rate, PPI, Retail Sales
Fed's Dudley on "The US Economic Outlook & The Implications for Monetary Policy" at City Univ of NY Lehman College (Bronx)
EIA weekly Petroleum/Gasoline/Distillates Report (10:30am et for w/e 04/13)
BoC (Canada) MPC Rate Statement (Ottawa Canada)
BoC Gov Poloz & Dpty Wilkins press conference on Monetary Policy Report
FOMC Beige Book (2pm et)
      OVERNIGHT Into US Thurs. a.m. et:
           South Korea March PPI
           New Zealand Q1 CPI
           China Mar. FX Reserves
           UK CBI April Business Optimism, Selling & Order Trends
           Aussie March Unemployment Rate/Change/Participation, NAB Qtr Business Confidence
           RBA (Aussie) March FX Transactions
           Eurozone Feb Current Account
           UK March Retail Sales
           Hong Kong March Unemployment Rate
Thursday, April 19 US weekly Jobless Claims
Canada ADP March Payrolls Report
IMF Chief Lagarde Press Briefing (8:45am et), World Bank's Kim News Conference
Philadelphia Fed March Business Outlook Survey
EIA weekly Natural Gas Report
Kevin Hassett (CEA), Nomura's Alexander, Brevan Howard's Cummins, PGIM's Nathan Sheets, Chirstopher Giancarlo (Chair CFTC), BlackRock's Novick, JPM's O'Connor, US Dept of Treasury's Sawyer, John Taylor, Jason Furman, Jared Bernstein, MetLife's CIO, Carlyle Group's Marino, Ford Motor speak at Institute of Int'l Finance Washington Policy Summit (Washington DC)
Fed's Quarles testifies @Senate Banking Cmte: "The Semiannual Testimony of the Federal Reserve's Supervision & Regulation of the Financial System" (D.C.)
75th Anniversary Celebration of Albert Hoffman's Discovery of LSD, upon which he founded the A. Hoffman LaRoche Pharmaceutical giant.
US Treasury Refunding Announcement
US Treasury Auctions $16B 5-year TIPS
Norges Bank Dpty Gov Nicolaisen speaks @36th Annual Monetary & Trade Conference: Cryptocurrencies in the Global Economy (Philadelphia)
US weekly Federal Reserve Balance Sheet & Money Supply
    OVERNIGHT INTO US Fri. a.m. et
         Fed's Mester
on Eco outlook & policy at "Evening with Dr. Loretta J Mester" w/ Q&A, sponsored by Univ of Pittsburg Grad School of Biz + Deloitte (6:45pm Pittsburgh)
          Japan March CPI, Supermarket & Convenience Store Sales, Feb Tertiary Industry Index
          Japan April Reuters Tankan Index
          German Mar. PPI
          Spain Trade Balance
Friday,    April 20 Canada March CPI, Feb Retail Sales
Fed's Evans on current Eco conditions & monetary policy @Graaskamp Center Spring Board Conference w/Q&A, includes media (Chicago 9:40am)
Fed's Williams participates in fireside chat at UC Berkeley Ctr for Real Estate & Urban Economies (11:15am Pebble Beach CA)
Baker-Hughes weekly US/North America Rig Count (1pm et)
Saturday, April 21

         WEEKS AHEAD:  0
4/26    ECB MPC Meets
                                                    Riksbank (Sweden) MPC Meets
                                        04/27   BoJ MPC Meets  
                                 05/01--02   FOMC 2-day Meeting
*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 William Dudley, who plans on retiring in 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 veterans John Williams, who became Pres of the San Francisco Fed after Janet Yellen became Fed Chairperson, and Cleveland Fed's Loretta Mester, a very vocal hawk 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 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. Hawk Mester votes in 2018..