wall street in advance

March 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,   Mar. 11     OVERNIGHT into US Mon. a.m. et:
         New Zealand REINZ Feb House Sales
         Aussie Jan Credit Card Purchases/Balances
         Japan Feb Machine Tool Orders
         Eurogroup Meets (Brussels)
Monday, Mar. 12 US Treasury Auctions $51B 3-, & $45B 6-month Bills, $28B 3-yr Notes (11:30am)
US Treasury Auctions $21B reopened 10-year Notes (1pm et)
US Treasury Budget (2pm et)
    OVERNIGHT into US Tues. a.m. et:
         RBA's (Aussie) Bullock speaks (Sydney)
         Australia & New Zealand Manpower Q2 Hiring Survey Outlook
         Japan Feb Domestic Corporate Goods Price Index, Manpower Q2 Outlook
         China Q2 Manpower Survey
         German Q2 Manpower Employment Outlook
         Aussie Jan Home Loans, Investment Lending, Value of Loans, NAB Feb Business Confidence
         UK FinMin Hammond updates spring fiscal forecasts
Tuesday, Mar.13 NFIB Feb Small Business Optimism Index
BoC Gov Poloz speaks @Queen's Univ (Kingston Ontario)
US Treasury Auctions 4-week Bills (11:30am)
US Treasury Auctions $13B reopened 30-year Bonds (1pm et)
    OVERNIGHT into US Wed a.m. et;
        New Zealand 17Q4 Current Account Balance & GDP
        RBA's Kent speaks (Sydney), Westpac Mar. Consumer Confidence Index
        BoJ Minutes of Jan 22--23rd Policy Meeting
        Japan Jan Machine Orders
        China Feb Retail Sales, Fixed Assets
        ECB's Draghi, Praet, Constancio, & Banque de France's de Galhau speak at ECB/ITS watchers Conference (Frankfurt)
        ECB's Coeure speaks (Berlin)
        German Feb CPI
        Eurozone Jan Industrial Production
        Eurozone 17Q4 Employment Report 
        Norges Bank (Norway) MPC Rate Decision
(Oslo) + Press Conference
Wed.       Mar. 14 MBA Mortgage/Refinance Applications
Canada Teranet/National Bank Feb Home Price Index
US Feb PPI-Final Demand

US Feb Retail Sales
BoC (Canada) Gov Poloz
speaks (Kingston)
Atlanta Fed Business Inflation Expectations
US Wholesale Inventories
EIA weekly Petroleum/Gasoline/Distillates Report (10:30am et)
    OVERNIGHT into US Thurs. a.m. et:
         New Zealand 17Q4 GDP

         Aussie March Consumer Inflation, RBA Feb FX Transactions
         EU 25 Feb New car Registrations
         Swiss Feb Producer & Import Prices
         SNB (Suisse) MPC Interest Rate Decision, Target Ranges
         ECB's Lautenschlaeger speaks @Florence School of Bamking & Finance (Italy)
Thursday, Mar 15 US weekly Jobless Claims
Philly Fed Business Outlook Survey
Empire State NY Fed Manufacturing Survey
Canada Feb Existing Home Sales
+ Feb ADP Payrolls Report
NAHB March Housing Market Index
US Feb Import/Export Prices
EIA weekly Natural Gas Report
US Treasury Refunding Announcement includes 10-yr TIPS (11am et)
US Treasury TICs (4pm et)
Fed weekly Balance Sheet & US Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
         New Zealand Feb Non-Resident Bond Holdings
         Japan Jan (F) Industrial Production/Capacity Utilization
         Eurozone Feb CPI, 17Q4 Labor Costs
         Canada Jan Manufacturing Sales, & Int'l Securities Transactions
Friday,  March 16 US Feb Housing Starts/Building Permits
US Feb Industrial Production/Capacity Utilization
(Annual Revisions by end of wk)
U.M. Prelim March Consumer Sentiment (10am et)
US Jan JOLTS (Job Turnover/Quits)
Baker-Hughes US/North American Rig Count (1pm
Quadruple Witch Options/Futures/Equities Expiration/S&P Rebalanced on Close
Saturday,  Mar. 17 G20 Finance Ministers & Central Bankers Meet (Buenos Aires)
Sunday,   Mar. 18 Chinese 18th Development Forum, heavy w/hi-profile US CEOs (Beijing thru 21st)
Russian Elections a near certain win for Putin
    OVERNIGHT into US Mon.a.m. et:
         BoJ Summary of Opinions
from March 08--09, 2018 meeting
         Japan Feb Trade Balance, Store Sales
         China Feb FX Reserves & Feb House/Property Prices
         Hong Kong Feb Unemployment Rate
         Brazil Federal Tax Revenue
         Russia Industrial Production
         UK Rightmove March House Prices
         Eurozone & Italian Jan Trade Balance, Construction Output
Monday, Mar. 19 Fed's Bostic on Community Reinvestment Act at Nat'l Interagency Community Reinvestment Conference by Fed Reserve Banks of Atlanta, Chicago & San Francisco + FDIC & OCC (Miami FL thru 21st)
US Treasury Auctions $51B 3-, & $45B 6-month Bills
   OVERNIGHT into US Tues. a.m. et:
        Aussie Q4 House Price Index
        RBA (Aussie) March Meeting Minutes + Ass't Gov Bullock panelist in Sydney
        South Korea Feb PPI (Olympics impact?)
        Japan Feb (F) Machine Tool Orders
        Norges Bank Dpty Gov Egil Matsen speech at Finance Norway (Oslo)
        Swiss SECO March Economic Forecasts
       Japan Reuters Tankan Index
        German Feb PPI
        South Africa Feb CPI & 17Q4 Current Account
        Hong Kong Feb CPI
        Swiss Watch Feb Exports, overall Feb Exports/Imports
        UK Feb CPI, RPI, PPI Input & Output Price Indices + House Price Index
        German ZEW March Survey Current Situation & Expectations Survey
        Eurozone ZEW March Economic Sentiment, Expectations Survey & Consumer Confidence
Tuesday, Mar. 20 Canada Jan Wholesale Trade--Sales & Inventories
FOMC 2-day Meeting Starts
1st Day of Spring
Redbook weekly store sales snapshot
US Treasury Auctions 4-week Bills
    OVERNIGHT into US Wed. a.m. et:
         New Zealand Net Feb Migration & Visitors
         Japan Feb Supermarket Sales
         Aussie Feb Skilled Vacancies
         New Zealand Feb Credit Card Spending
         RBA's Boge speaks (Sydney)
         UK Feb Jobless Claims/Change, Claimant Rate, Jan Avg Hrly Earnings & ILO Jan/3month Unemployment Rate, Feb Public Finances, Central Government & Public Net Borrowing, CBI Mar Order Trends & Selling prices
Wed.,      Mar. 21 MBA weekly Mortgage/Refinance Applications
US 17Q4 Current Account
NAR Feb Existing Home Sales
EIA weekly Petroleum/Distillates/Gasoline Report
(w/e 03/16)
Brazil Central Bank Rate Decision & FX Flows
FOMC Statement & Rate Hike, Updated SEP (Member Forecasts) (2pm et)
FOMC Chief Jerome Powell 1st post-Meeting Press Conference (2:30pm et)
Holidays in Japan & South Africa
    OVERNIGHT into US Thurs. a.m. et:
         RBNZ (New Zealand) MPC Meeting Statement/Interest Rates

         Aussie Feb Unemployment Rate/Change/Participation
         Nikkei Japan March (P) Manufacturing PMI
         SNB (Swiss National Bank) Annual Report (Bern)
         Markit Eurozone, France, Germany, Italy Services & Manufacturing PMI + Composite PMI
         Eurozone Jan Current Account
         German March IFO Business Climate/Expectations
         ECB Economic Bulletin + UK Feb Retail Sales
         ECB member Lautenschlaeger panelist @ 9th EFR Stakeholder Roundtable on "Financial Fragmentation or Integration" hosted by ING Group (Brussels)
         ECB's Nouy at "Joint Governance Conference: Governance Expectations for banks in a changing financial environment" (Frankfurt.DE  Thurs. local time)
         Riksbank Dpty Gov Floden breakfast presentation on Eco Situation & Current Monetary Policy (Karlstad Sweden)
         BoE March MPC Statement/(QE) Asset Purchases Target, Carney Press Conference (3/22 local time)
Thursday, Mar. 22 US weekly Jobless Applications
FHFA Jan House Price Index
Markit US Mar. (P) Services, Manufacturing, & Composite PMI
US Treasury Auctions $11B reopened 10-year TIPS
EIA weekly Natural Gas Report
Russia FX Reserves
Norges (Norway Central Bk) Gov Olsen speaks (D.C.)
K.C. Fed Mar. Manufacturing Index
BoC Sr Dpty Gov Wilkins speaks at Rotman School of Mngmnt (Toronto)
US Refunding Announcement
Federal Reserve Balance Sheet & US Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
         Japan Feb Nat'l CPI
         Singapore Feb CPI
         Russia Interest Rate Decision
         BoE Qtrly Bulletin
Friday,    Mar. 23 US Federal Government Funding Ends at Midnight
Fed's Bostic speaks to Knoxville Economics Forum w/Q&A (Knoxville TN 8:10am)
US Feb (Prelim) Durable Goods Orders & Shipments/Inventories
Canada Feb CPI & Jan Retail Sales
Brazil Feb Current Account & Foreign Direct Investment
US Feb New Home Sales
Fed's Kashkari
in Q&A moderated by BBG's Kathleen Hays (NY 10:30am et)
Fed Reserve Board Int'l Research Forum on Monetary Policy (D.C. thru 24th)
Baker-Hughes weekly US/North America Rig Count (1pm)
Saturday, Mar. 24 German Feb Import Price Index
France Job Seekers

         WEEKS AHEAD:  0
4/03  RBA (Aussie) MPC Meets
                                        04/11    FOMC Minutes of March 20--21st Meeting (2pm Discussed more pressers?)
                                        04/18    BoC (Canada) MPC Meets
                                                    FOMC Beige Book
                                        04/26    ECB MPC Meets
                                                    Riksbank (Sweden) MPC Meets
                                        04/27    BoJ MPC Meets  
                                 05/01--02    FOMC Meets 2-days
*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..