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February 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, Feb. 18 |
|
OVERNIGHT
into US Mon. a.m. et:
Japan Jan Trade Balance
(Exports/Imports), Nationwide Dept Store Sales
UK Rightmove Feb House Prices
Eurozone Dec Current Account & Dec
Construction Output
Japan Feb Tankan Index
|
| Monday, Feb. 19 |
|
President's Day Holiday, US
Markets Closed Also closed, Canada, Hong Kong, China
OVERNIGHT into US Tues a.m. et:
New Zealand 17Q4 PPI
RBA's Bullock speaks (Sydney)
Japan Jan Supermarket Sales
RBA (Aussie) February Meeting
Minutes
Swiss Jan Imports/Exports/Trade Balance
Eurozone Dec Current Account
Russian Jan. Unemployment Rate, PPI &
Retail Sales
Spain Trade Balance
German Feb ZEW Survey of current
situation & expectations + Sentiment
UK CBI Feb Total Order Trends &
Selling Price Trends
Bundesbank's Dombret on "Now or
Later? Completing the European Banking Union" (Geneva Suisse)
|
| Tuesday, Feb. 20 |
|
US Treasury Auctions $51B
3-, & $45B 6-month Bills (11:30am et)
Canada Dec Wholesale Trade Sales
Eurozone Feb Consumer Confidence
US Treasury Auctions $28B 2-year Notes & $55B 4-week Bills
China Still Closed for Lunar Holiday
OVERNIGHT into US Wed. a.m. et:
South Korea Jan PPI (bear in mind
Olympics spending)
Aussie 17Q4 Wage Price Index,
Construction Work Done
BoJ's Funo on 100 year anniversary of the
Matsue Branch, Dec All Industry Activity Index
Markit Feb Eurozone, France,
Germany, Manufacturing, Services, & Composite PMI
South Africa Jan CPI
UK Jan Jobless Claims,
Claimant Count Change, ILO Dec Unemployment Rate
UK Central Gov't Jan NCR &
Public Finances
EU FinMins meet
|
| Wed.,
Feb. 21 |
|
MBA weekly Mortgage/Refinance
Applications
Redbook weekly store sales snapshot
Fed's Harker speaks @Edward Jones Dean's Breakfast: The Economic Outlook
in St. Louis w/Q&A (9am)
Markit Flash Composite PMI
US Jan Existing Home Sales
US Treasury Auctions $13B reopenmed 2-year FRN (Floating Rate 11:30am et)
US Treasury Auctions $35B 5-year Notes (1pm et)
FOMC Releases Minutes of the Jan 30--31 MPC Meeting (2pm et)
China Still Celebrating Lunar New Year
OVERNIGHT into US Thurs. a.m. et:
Fed's Kashkari participates in
moderated Q&A (Minnesapolis MN 8:15pm)
Canada CFIB Feb Business Barometer
China Jan Swift Global Payments
New Zealand Jan Credit Card
Spending
Swiss 17Q4 Industrial &
Construction Output
French, German, Italian, Jan CPI,
HICP
Hong Kong Jan Unemployment Rate
& CPI
Italian Dec Industrial New Orderws
& Sales
German Feb IFO Current Assessment
& Expectations
UK 17Q4 GDP +
Total Business Investment, Private Consumption, Total Business Investment, Gross
Fixed Capital Formation, Exports/Imports, Gov't Spending, Dec Index of Services
BoE Publishes Account of
Monetary Policy Meeting
|
| Thursday, Feb. 22 |
|
Russia Central Bank Reserves
US weekly Jobless Claims
Fed's Dudley speaks at the Fed Reserve Bk of NY Economic Press Briefing
on Puerto Rico & the US Virgin Islands (NY 10am)
Canada Dec Retail Sales, 17Q4 Corporate Profits
EIA weekly Natural Gas Report (10:30am w/e 02/16/18)
K.C. Fed Manufacturing Index
EIA weekly Petroleum/Gasoline/Distillates Report (11am et holiday
delayed)
Fed's Bostic speaks @2018 Banking Outlook Conference w/Q&A (Atlanta
GA noon)
US Treasury Auctions $29B 7-year Notes (the longer the term, the weaker
demand, of late)
US weekly Fed Balance Sheet & Money Supply (Evidence of Fed Balance Sheet shrinking
should start becoming more evident soon)
OVERNIGHT into US Fri. a.m. et:
New Zealand 17Q4 Retail Sales &
Retail Sales ex-Inflation
Japan Jan CPI, Corporate Service Price
Spain Jan CPI & PPI
German 17Q4 GDP, Private
Consumption, Gov't Spending, Capital Investment, Domestic Demand, Exports/Imports
Eurozone Jan CPI
Canada Jan CPI
|
| Friday,
Feb.23 |
|
Fed's Dudley on
Fed's Balance Sheet Unwind at Univ of Chicago Booth School of Business/NY Fed Reserve 2018
US
Monetary Policy Forum Annual Conference (NY 10:15am) Speaking later, Eric
Rosengren, Paul Krugman, Sir Olivier Blanchard, Benoit Coeure, Fed's George, MS' David
Greenlaw & BAC/MER's Ethan Harris
Canada Jan CPI
Baker-Hughes weekly US/North American Rig Count (1pm et)
Fed's Mester on "A Review of the Obectives for Monetary Policy"
panel at US Monetary Policy Forum (1:30pm et)
Fed's Williams speaks on "Outlook on the Economy & Implications for Monetary
Policy w/Q&A (Los Angeles 3:40pm)
|
| Saturday, Feb 24 |
|
Aussie Jan Skilled Vacancies
China Jan Property/House Prices
German Jan Import/Export Prices
|
| Sunday,
Feb. 25 |
|
OVERNIGHT
into US Mon. a.m. et:
China Jan FX Settlement
Singapore Jan Industrial Production
UK BBA Jan Loans for House Purchases
Swiss 17Q4 Unemployment Report
Brazil Jan Current Account & Foreign
Direct Investment
ECB's Draghi testifies at EU
Parliament's ECON Cmte
ECB's Inaugural Working Group on Euro
Risk-Free Rates Meeting (Frankfurt)
|
| Monday, Feb.26 |
|
Fed's Bullard on US
Eco & Monetary Policy @NABE
Economic Policy Conference, "Promoting Sustained Growth: Policy Tensions &
Risks" (8am et D.C. thru 27th) Also speaking today, NAR, BLS, IHS Markit,
CEA's Kevin Hassett,
NGA's National Governors split up to meet at White House w/Trump or Pence
Chicago Feb Nat'l Activity Index
US Jan. New Home Sales
Dallas Fed Feb Manufacturing Survey
US Treasury Auctions $51B 3- & $45B 6-month Bills (11:30am)
Fed Vice Chairman Quarles 'An Assessment of the US Economy" @NABE
(3:15pm et)
BoE's Cunlife speaks @Warwick University (London)
OVERNIGHT into US Tues. a.m. et:
New Zealand Jan Trade Balance
BoJ CPI
South Korea MPC Feb Rate Decision
(current 1.5%)
German Jan Retail Sales
Spanish Feb CPI, HICP
Hong Kong Jan Trade Balance
Italian Jan Trade Balance
Eurozone Feb Economic, Business,
Industrial, Services & Consumer Confidence
Bundesbank's Weidmann presents Annual
Report
German Feb CPI & HICP
|
| Tuesday, Feb. 27 |
|
FOMC Chief (new) Powell
Testimony at House Fin Services Cmte (10am et)
US Jan Int'l Trade Deficit
US Jan Durable Goods Orders & Shipments
US Jan Wholesale Inventories
Jan US Retail Inventories
Redbook weekly chain store sales snapshot
S&P/Case Shiller Dec. Home Price Index (9am et)
FHFA Dec House Price Index
Conference Board's US Consumer Confidence
Canada Dec Budget Balance
Richmond Fed Manufacturing Index
US Auctions $22B 52-week Bills (11:30am)
Who ya gonna call? Brookings Institution calling upon Janet Yellen & Ben
Bernanke, in "A Fed Duel." (@2pm D.C.)
USDA Farm Prices (3pm)
OVERNIGHT into US Wed. a.m. et:
Japan Jan Retail Trade, Industrial
Production/Utilization
UK Feb Nationwide House Price
Index, + GfK Consumer Confidence, Lloyds Feb Business Barometer, BRC Shop Price
Index
Aussie Jan Private Sector Credit
China Feb Manufacturing &
non-Manufacturing +Composite PMIs
Japan Jan Vehicle Production, Housing Starts,
Construction Orders
India Nikkei Markit Feb Manufacturing PMI
French 17Q4 GDP, Jan Consumer Spending, CPI
& PPI
Hong Kong 17Q4 GDP + Money Supply
German Feb Unemployment Rate/Change
Swiss ZEW Feb Expectations
South Africa Jan PMI
India Federal Jan Fiscal Deficit
Eurozone & Italian Feb CPI
India Jan Infrastructure output & M3 Money
Supply
|
| Wed.
Feb. 28 |
|
MBA weekly Mortgage/Refinance
Applications
India 17Q3 & Annualized GDP
Brazil Unemployment Rate, Jam Budget Balance
US 17Q4 GDP (Final), Personal Consumption, PCE (but is Powell looking at
it?)
US 17Q4 (F) Corporate Profits
Canada Jan Industrial Products & Raw Materials Price Indices
Chicago Feb PMI
NAR Jan Pending Home Sales
EIA weekly Petroleum/Gasoline/Distillate Stockpiles (w/e 2/23)
OVERNIGHT into US Thurs. a.m. et:
New Zealand 17Q4 Terms of Trade Index
& ANZ Feb Job Ads
Aussie Feb CBA Manufacturing PMI +
AiG Performance of Manufacturing, Feb CoreLogic House Price Index. & 17Q4 Private
CapEx
Japan 17Q4 Company Profits & Sales,
Capital Spending, Loans & Discounts
Japan Feb Official FX Reserve Assets
& Nikkei Feb Manufacturing PMI
BoJ's Kataoka speaks (Okayama Japan)
China Feb Caixin Manufacturing PMI
Japan Feb Vehicle Sales & Consumer
Confidence
Aussie Feb Commodity Index
Swiss 17Q4 GDP & Jan Retail Sales +
Feb Manufacturing PMI
Markit Eurozone, France, Germany &
Italy Feb Manufacturing PMI
UK Jan Net Consumer Credit,
Mortgage Approvals, M4 Money Supply, Markit Feb Manufacturing PMI, Nationwide
Home Prices
Eurozone Jan Unemployment Rate & Feb
Manufacturing PMI
Italy FY17 GDP & Jan Unemployment
Rate
|
| Thursday,March 1 |
|
US Feb Motor Vehicle Sales
FOMC (new)Chief Powell Testimony @Senate Banking Cmte (10am approx)
Canada 17Q4 Current Account Balance
US weekly Jobless Claims
South Africa Feb Total Vehicle Sales
US Jan Personal Income/Outlays + PCE
US Feb Manufacturing PMI
RBC Canada Feb Manufacturing PMI
US Feb Manufacturing ISM Orders/Shipments/Prices
US Jan Construction Spending
EIA weekly Natural Gas Report (w/3 02/23)
Fed's Dudley speaks w/Q&A @Central Bank of Brazil Event on
Globalization & Trade (Sao Paulo Brasil)
US weekly Money Supply & weekly Fed Balance Sheet
OVERNIGHT into US Fri. a.m. et:
New Zealand Jan Building Permits &
Feb ANZ Consumer Confidence
Japan Jan Jobless Rate, Household
Spending, Feb CPI, BoJ Monetary Base
South Korea Jan Industrial Production,
Retail Sales & Service Sector Output +Feb Trade Balance
Aussie HIA New Home Sales
South Korea Nikkei Feb Manufacturing PMI
German Jan Retail Sales
Spain Unemployment Rate/Change
Hong Kong Jan Retail Sales
Italy 17Q4 GDP
Singapore Feb Manufacturing PMI
UK Markit/CIPS UK Feb Construction PMI
|
| Friday, March
02 |
|
Canada Dec/17Q4 GDP
U.M. (F) Feb. Consumer Sentiment
Baker-Hughes US/North American Rig Count (1pm et)
|
| Saturday, March 3 |
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WEEKS AHEAD: 03/06
RBA (Aussie) MPC Meets
03/07 BoC (Canada) MPC Meets
03/08 ECB MPC Meets
03/09 BoJ MPC Meets
03/21 FOMC Meets
03/22 BoE MPC Meets
*FOMC 2018 Revolving Voting Members: Chairperson
Jerome Powell, as of 02/05/18, and ALL members of the FOMC Board of
Governors are permanent voters: Tthat will include 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 bear 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. Raphael Bostic
replaced Dennis Lockhart at the Atlanta Fed, when Lockhart left. 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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