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May 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, May 13 |
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OVERNIGHT into US Mon. a.m. et:
Japan April Corporate Goods Price Index,
Mar.Loans & Discounts
German April Wholesale Price Index
Aussie Mar Credit Card Purchases/Balances
Japan April Machine Tool Orders
ECB's Coeure honors Charles Wyplosz @ICMB
Geneva Conference (Geneva)
ECB's Lautenscchlager
speaks @Danmarks Nationalbank Confererence (Copenhagen)
BoE Gov Carney & ECB's Praet
speaking @BoE's Gender & Career Progression Conference (London)
Fed's Mester (hawk)
speaks at GIC "Central Banking Series with Banque de France" (2:45am et)
Norjes Chief Olsen @Parliamentary hearing
before Standing Cmte on Finance & Eco Affairs of the Storting (Oslo)
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Monday, May 14 |
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Canada Teranet/National Bank April
Home Price Index
US Treasury Auctions $48B 3-, & $42 B 6-month Bills
Fed's Bullard presentation @ CoinDesk's Consensus 2018 (9:40am et NY)
OVERNIGHT into US Tues. am. et
RBA's (Aussie) Debelle speaks (Sydney)
RBA May Meeting Minutes + Debelle speaks
to HK forum via Video Link
China April Retail Sales,
Industrial Production, Fixed Assets
German 18Q1 GDP + May ZEW Survey
of Current Situation & Expectations
Swiss April Producer & Import Prices
UK Mar. ILO Unemployment Rate/Change/Weekly
Earnings +April Jobless Apps
Eurozone Q1 GDP & Mar
Industrial Production
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Tuesday, May 15 |
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US April Retail Sales
Canada April Existing Home sales
Empire State NY Fed Manufacturing Survey
US Senate Banking Cmte hearings on nominations to the Federal
Reserve Bank Board of Governors of Richard Clarida & Michell Bowman
Redbook weekly store sales snapshot
US Manufacturers', Distributors, & Retail Inventories
NAHB May Housing Market Index
Fed's Williams speaks at Economic Club of Minnesota w/Q&A (1:10pm MN)
US TICS
OVERNIGHT into US Wed. a.m. et:
Japan Q1 (P) GDP, Private Consumption,
+ Business Spsending
Aussie Q1 Wage Price Index + May Consumer
Confidence
China April New Home Prices
Japan March Industrial
Production/Capacity Utilization
Bank of Iceland Announces
Interest Rate Decision (Reykjaavik)
Eurozone & German April CPI
BoE/ESCoE/ONS Conference on
Economic Measurement (05/16-thru 17)
ECB's Draghi & Praet
deliver remarks at ECB Conference honoring departure of ECB V.P. Constancio
(Frankfurt)
Bk of Finland member Nykanen comments on
Finland's financial stability
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Wed.,
May 16 |
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MBA weekly Mortgage/Refinance
Applications
Canada March Manufacturing Sales
US April Housing Starts/Building Permits
Fed's Bostic Economic Update w/Q&A (8:30am et Augusta GA)
US April Industrial Production/Capacity Utilization (9:15am)
Atlanta Fed Business Inflation Expectations (10am)
EIA weekly Petroleum/Gasoline/Distillates Report (w/e 05/10)
BoC's Schembri speaks at CFA Society of Ottowa Economics Ass'n (Ottawa)
Fed's Bullard opens the Homer Jones Memorial Lecture (St Louis MO 6:30pm)
OVERNIGHT into US Thurs. a.m.et:
New Zealand Q1 PPI Output/Input
Japan Q1 Housing Loans, Mar. Machine
Orders, April Dept Store Sales
Aussie April Unemployment
Rate/Change/Participation+May Consumer Inflation Expectedd & RBA April FX Transactions
EU 25 April New Car Registrations
ECB's (outgoing) VP Constancio, ECB's
Laeven, and Irish CB Chief Lane + Peterson Institute's Adam Posen @ECB's 3rd
Annual Macroprudential
Policy & Research Conference (Frankfurt, 05/17 local time)
ECB's Chief Economist, Haldane
closes BoE/ESCoE/ONS Conference (5/17 local time)
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Thursday, May 17 |
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US weekly Jobless Applications
Canada March Int'l Securities Transactions+ADP April Private Payrolls Report
Philly Fed May Business Outlook Survey (8:30am)
18Q1 US E-Commerce Sales
EIA weekly Natural Gas Report
Fed's Kaplan speaks @Richardson Chamber of Commerce Annual Mtg (TX)
Fed's Kashkari w/Q&A Q&A w/Exec Dir.of MN Home Ownership Center
(10:45am)
US Treasury Auctions $11B reopened 10-year TIPS
Bk of Mexico MPC Rate Decision
US Treasury Refunding Announcement
Fed weekly Balance Sheet & US Money Supply (4:30pm et)
OVERNIGHT into US Fri. a.m. et:
Japan April CPI
China April FX Net Settlement
German April PPI
Eurozone Mar. Current Account & Trade
Balance
Fed's Mester Keynotes
2nd Day of 3rd Annual ECB Macroprudential
Policy & Research Conference on 'The Limits & Overlaps of Macroprudential
& Monetary Policy' (3:45am et 05/18 local time, Frankfurt Germany)
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Friday,
May 18 |
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Canada April Retail Sales + CPI
Fed's Kaplan in Q&A session at 12th Annual U of TX Dallas Project Mngmnt Symposium
(Richardson TX)
Fed Gov Brainard on "Community Reinvestment Act Moerdernation" before Ass'n for
Neighborhood & Housing Development 18th Annual Communiuty Develpment Conference (NY)
Baker-Hughes US/North American Rig Count (1pm et)
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Saturday, May 19 |
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UK's Prince Harry Marries US'
(Rachel) Meghan Markel (coverage starts 7am et)
UK CBI May Selling & Order Trends
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Sunday,
May 20 |
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OVERNIGHT into
US Mon. a.m.et:
South Korea April PPI
UK Rightmove May House Prices
Japan April Trade Balance & Convenience
Store & Tokyo Condo Sales
New Zealand April Credit Card Spending & Q1
Retail Sales
Hong Kong April CPI
Bk of Finland & ECB member Liikanen hearing
w/Finnish Lawmakers about monetary policy & economic outlook (Helsinki)
Holidays in Germany & Switzerland
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Monday, May 21 |
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Chicago Fed May National Activity
Index
Canadian Holiday
FINRA Annual Conference (D.C. thru 23rd)
US Treasury Auctions $48B 3-, & $42B 6-month Bills
Fed's Bostic on "Welfare Economics: Trade & A Review of
Principles" (12:15pm et @Atlanta Economics Club GA)
Fed's Harker speaks w/Q&A @Chief Executives Org,'s CEO Financial
Seminar 2018 --Visionary investment:managing Late Cycle Risks & Opportunties (NY
2:15pm et)
Fed's Kashkari w/Q&A @Bay College Town Hall Forum (Escanaba MI 5:30pm
et)
OVERNIGHT into US Tues. a.m. et:
Japan April Supermarket Sales
Spain Trade Balance
UK April Public Finances, Central Gov't
NCR, Public Sector Borrowing, CBI May Total Order & Selling Prices Trends
Holidays in Hong Kong & South Korea
(Tues. local time)
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Tuesday, May 22 |
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Redbook weekly store sales snapshot
Canada Mar. Wholesale Sales
Russia April Unemployment Rate & Retail Sales
Richmond Fed May Manufacturing Index
US Treasury Auctions $26B 52-week Bills (11:30am) + $33B 2-year
Notes (1pm)
OVERNIGHT into US Wed. a.m. et:
RBA's Bullock speaks
(Amsterdam) + Aussie Apr. Skilled Vacancies, Q1 Construction Work Done
Japan Nikkei May (P) Manufacturing PMI, March
All Industry Activity Index, Apr, Dept Store Sales, (F) Machine Tool Orders
French Q1 Unemployment Rate
Markit Eurozone, France, Germany, Italy
May (P) Manufacturing, Services & Composite PMI + Consumer Confidence
RBA's Lowe speaks (Sydney)
UK Apr. CPI, PPI, Retail Price Index,
Halifax House Price Index, Total May Dist. Reported Sales
Riksbank Gov Ingves & Financial Stabilty Head
Sandstedt press conference on financial stability (Stockholom)
Bk of Spain Gov Linde opens Deloitte-ABC economy
event (Madrid)
The European Business Summit's annual (Egmont Palace
Brussels thru 24th)
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Wed.
May 23 |
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MBA weekly Mortgage/Refinance
Applications
Markit US Flash May Manufacturing, Services + Composite PMI
US April New Home Sales
EIA weekly Petroleum/Gasoline/Distillates Stats (w/e 05/17)
US Treasury Auctions $16B reopened 2-year FRN Notes (11:30am)
US Treasury Auctions $36B 5-year Notes (1pm et)
FOMC Minutes of May 01--02 Meeting
Fed's Kashkari Q&A on "New Energy Economic Reality"
@Williston Basin Petroleum Conference (Bismarck ND 2:15pm)
OVERNIGHT into US a.m. et:
New Zealand April Trade Balance
German Q1 GDP, Apr. Import Price Index,
Q1 Gov't Spending, Capital Investment, Private Consumption, Construction Investment,
Domestic Demand
BoJ's Sakurai speaks
(Maebashi)
Japan May Reuters Tankan Index
Singapore Q1 GDP
German GfK June Consumer Confidence
NY Fed's Wm Dudley panelist
@BoE's "Reference Rate Reform; Improving the Culture of FICC Markets"
@BoE Markets
Forum 2018 opened by BoE Gov Mark Carney (London 4:15am et)
UK Apr Retail Sales & Inflation Report
Hearings
ECB publishes Account of Monetary
Policy Meeting April 26th (Frankfurt)
BoE Gov Carney speaks at
London's Society of Professional Economists (London)
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Thursday, May 24 |
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US weekly Jobless Applications
Canada Q1 Corporate Profits
FHFA March & Q1 House Price Index (9am et)
Russian FX Reserves
South Africa Interest Rate Decision (current 6.5%)
Brazil April Current Account & Foreign Direct Investment
NAR April Existing Home Sales (10am et)
EIA weekly Natural Gas Report
South Korea May Interest Rate Decision
K.C. Fed April Manufacturing Index
Bk of Canada Review published
Treasury Refunding Announcement
US Treasury Auctions $30B 7-year Notes (1pm et Uh Oh! Duration a
problem)
Fed's Harker & Bostic open @Technology-Enabled Disruption
(TED): Implications for Business, Labor Markets & Monetary Policy w/Q&A; later in
day, Harker on "Broader Labor Market Implications of TED" (Dallas TX 2pm et)
Fed's weekly Balance Sheet & US Money Supply (4:30pm, et)
OVERNIGHT into US Fri. a.m. et:
Japan May CPI
Singapore Q1 GDP, Apr Industrial Production
OECD Releases Eurozone Economic
Forecasts
Swiss Q1 Industry, Industrial &
Construction Output
German May IFO Business Current Assessment,
Expectations, Climate
UK Q1 (P) GDP, Private Consumption,
Gov't Spending, Gross Fixed Capital Formation, Exports/Imports, BBA Apr Loans for House
Purchase, Mar. Index of Services
Italian April Trade Balance
EU Finance Ministers Meet
Ireland votes on Abortion Referendum
associated with Amendment 8
Inda FX Reserves, Bank Loan & Deposit
Growth
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Friday,
May 25 |
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EU GDPR (General Data
Protection Regulation) Rules Effective Today
US April Durable Goods Orders/Shipments/Inventories
Fed Chief Powell panelist with BoE's Carney & Riksbank's Liikanen at
"Financial Stability & Central Bank Transparency" at Sveriges Riksbank
Anniversary Conference: 350 Years of Central Banking--The Past, The Present & the
Future (Stockholm 9:20am)
US Revisions to Wholesale Trade & Retail Sales
U.M. (F) May Consumer Sentiment
Fed's Evans, Bostic & Kaplan co-Policymaker Panelists at Dallas Fed
"Technology-Enabled Disruption" (11:45am et ) Kaplan also closes the event
Baker-Hughes weekly US/North American Rig Count (1pm et)
Equities Trade Regular Hours to 4pm et
SIFMA controlled markets, ONLY, close early, at 2pm in advance of long
weekend
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Saturday, May 26 |
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Sunday, May 27 |
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French Open Tennis Championship
starts @Roland Garros Stadium. |
Monday, May 28 |
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US Holiday | Memorial Day |
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WEEKS AHEAD: 05/30
BoC (Canada) MPC Meets
06/12--13 FOMC Meets
06/13 FOMC post-Meeting Statement Released + Updated SEP s(rate hike
expected)
FOMC Chief Powell's 2nd post-Meeting Press Conferernce
06/14 ECB MPC Meets
06/15 BoJ MPC Meets
06/21 BoE MPC Meets
SNB MPC Meets
Norges Bank MPC Meets
Bk of Mexico MPC Meets
*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.. |
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