wall street in advance

April/May 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 22 World Bank Grouup/IMF Joint Spring Meeting Final Press Conference (DC)
BoC Dpty Gov Wilkins participates at IMF
G7 Meets, BoE Dpty Gov Broadbent participates
G20 News Conference following talks on sidelines of IMF/World Bank Mtg
    OVERNIGHT into US Mon a.m. et:
         Japan April (P) Manufacturing PMI
         New Zealand Mar. Credit Card Spending
         Markit France, German & Eurozone Apr. (P) Manufacturing, Services, + Composite PMI
         Hong Kong March CPI
         Canada Feb Wholesale Trade Sales
Monday, April 23 Chicago Fed National Activity Index
Markit US Flash Manufacturing/Services/Composite PMI
Canada Feb Wholesale Sales, BoC's Poloz & Wilkins at House of Commons Standing Cmte on Finance Meeting 
US March Existing Home Sales
US Treasury Auctions $48B 3-, & $42B 6-month Bills
    OVERNIGHT into US Tues. a.m. et:
RBA (Aussie) Kent speaks (Sydney)
         Japan Mar. Corporate Service Prices + Supermarket Sales & Machine Tool Orders
         German March Import Price Index
         Aussie 18Q1 CPI
         Swiss March Imports/Exports/Swiss Watch Exports - Trade Balance
         German IFO April Business Climate/Expectations/Current Assessment
         UK Mar Central Gov't NCR, Public Sector Net Borrowing, CBI April Orders & Selling Trends/Prices/Optimism
          EU Commission VP Dombrovskis speaks in London on financial stability & financial services industry ahead of Brexit
          Bk of France Gov Galhau city lecture, in London
Tuesday, April 24 Redbook weekly Store Sales Snapshot
S&P CoreLogic Case Shiller Feb Home Price Index
FHFA Feb Home Price Index
US New March Home Sales

Conference Board's April Consumer Confidence
Richmond Fed Manufacturing Index
US Treasury Auctions $26B 52-week Bills(11:30am et) + $32B 2-year Notes (1pm et)
    OVERNIGHT into US Wed. a.m. et:
         Japan Feb All Industry Activity Index
         Swiss April ZEW Survey
        Australia & New Zealand Holidays (04/25 local time)
        French April Jobseekers & Cibsynner Confidence
        Spain PPI
        ECB's Knot speaks at Bk of France Conference "Non-bank Finance: Trends & challenges (Paris) ECB's Lane on the same topic
Wed.       April 25 MBA weekly Mortgage/Refinance Applications
EIA weekly Petroleum/Distillate/Gasoline Status (10:30am et)
Brazil March Current Account, & Foreign Direct Investment + Fx Flows
US Treasury Auctions $17B 2-yr FRN (11:03am) + $35B 5-Year Notes (1pm et)
    OVERNIGHT into US Thurs. a.m. et
        China March Swift Global Payments

        South Korea Q1 GDP
        Aussie Q1 Import/Export Price Indices
        Singapore Mar. Industrial Production
        Canada CFIB Apr. Business Barometer
        Riksbank (Sweden) MPC Meets (Stockholm)
        Spain Q1 Unemployment Rate
        Hong Kong March Imports/Exports
        BoJ MPC Meets (2-days)
        UK Mar. BBA Loans for House Purchases, April CBI Reported Sales
        South Africa Mar PPI
        ECB MPC Meeting Ends with Statement on Interest Rates (Frankfurt)
        Riksbank Interst Rate Decision & Monetary Policy Report
Thursday, April 26 US March Durable Goods Orders/Shipments
US Int'l March (Adv) Trade Deficit
Post-ECB Meeting Draghi Press Conferernce

US weekly Jobless Claims
US (adv) Wholesale & Retail Inventories
EIA weeky Natural Gas Report
K.C. Fed Manufacturing Index
US Treasury Auctions $29B 7-year Notes
Brazil Mar Bank Lending
US weekly Fed Balance Sheet & Money Supply
    OVERNIGHT into US Fri. a.m. et:
        South Korea May Manufacturing BSI Index
        New Zealand March Trade Balance
        UK GfK Apr Consumer Confidence
        Japan Mar Jobless Rate, April CPI, Mar (P) Industrial Production, Retail Trade
        German March Retail Sales
        BoJ post-Meeting Statement, Rate Decision, 10-yr yield Target, Outlook
        Aussie Q1 PPI
        Singapore Q`1 Unemployment Rate + URA Q1 Property Index
        China Mar Industrial Profits
        Japan March Vehicle Production, Housing Starts, Construction Orders
        SNB (Swiss) Q1 Currency Allocation
        French & Spanish Q1 GDP, CPI, HICP
        Italian Mar. PPI
        German Apr Unemployment Claims, Rate/Change
        SNB's Jordan & Studer speak at Central Bank's AGM (Bern)
        UK Feb Index of Services, Q1 GDP, Apr. Nationwide HPI
        BoJ post-Meeting Press Conference
        Eurozone April Economic, Business, Industrial & Services Confidence 
         BoE Gov Carney speaks at launch of EconoME Programme to teach basic economics & finance in schools
        Russia Central Bank April Interest Rate Decision (current 7.25%)
        India Bank Loan & Deposit Growth, Fx Resesrves
Friday,     April 27 US 18Q1 GDP +PCE (1st crack)
18Q1 Employment Cost Index (ECI)
Chicago April PMI
Canada Feb Budget Balance
U.M. Final April Consumer Sentiment
Baker-Hughes weekly Rig Count (1pm  w/e 04/20)
USDA Farm Prices  (3pm et)
    OVERNIGHT into US Sat. a.m. et:
         Japan Household Spending
Saturday, April 28 EU FinMins Meet
Sunday,   April 29      OVERNIGHT into US Mon. a.m. et:
         UK Lloyds April Business Barometer
         South Korea March Industrial Production, Retail Sales, Service Sector Output
         RBA Gov Lowe speaks at Board Dinner + TD Securities April Inflation
         European Commission Economic Data & Forecasts Updated
         China April Manufacturing, non-Manufacturing & Composite PMI
         Aussie March Private Sector Credit & HIA New Home Sales
         New Zealand ANZ April Activity & Business Confidence
         Singapore March Bank Lending, Q1 Business Expectations
         South Africa March Private Sector Credit, Trade Balance, & M3
         German March Retail Sales, April CPI + HICP
         Spain Feb Current Account
         Eurozone Private Sector Loans
         Italy Apr CPI & HICP
         India March Federal Fiscal Deficit & Infrastructure output
Monday, April 30 US March Personal Income/Spending, + PCE
Canada March Industrial Product & Raw Materials Price Indices
Chicago April PMI
US March Pending Home Sales Index
Canada Mar. IPPI, RMPI
Dallas Fed April Manufacturer Activity Survey+ March PCE
US Treasury Auctions $48B 3-, & $42B 6-month Bills
Brazil March Budget Balance, Debt-to-GDP Ratio
Japan & China Holidays
    OVERNIGHT into US Tues. a.m. et:
         RBA (Aussie) MPC Meets

         AiG April (Aussie) Performance of Manufacturing Index
         New Zealand March Building Permits
         Aussie CBA April Manufacturing PMI   & CoreLogic House Price Index
         South Korea April Trade Balance
         Japan April Official Reserve Assets & Apr. Manufacturing PMI
         RBA post-Meeting Cash Interest Rate + Apr. Commodity Index
         Swiss April Manufacturing PMI
         Ward's US April Total Vehicle Sales
         BoE March Consumer Credit, M4 Money Supply
         UK March Net Lending on Dwellings, Mortgage Approvals
         UK Markit April Manufacturing PMI, M4 Money Supply
         South Africa Manufaturing PMI
         Canada Feb GDP, RBC April Manufacturing PMI 
Tuesday,   May 01 US April Motor Vehicle Sales
Redbook weekly store sales snapshot
Canada Feb GDP + RBC April Manufacturing PMI
FOMC 2-day Meeting starts
US April Manufacturing PMI
US April ISM Manufacturers' Index/Orders/Prices Paid/Employment
US March Construction Spending
BoC's Poloz speaks Yellowknife Chamber of Commerce
Holidays in China, Hong Kong, Russia, Italy, France, Brazil, South Africa, Spain, South Korea, Switzerland, Germany, India. (May Day in most Countries)
    OVERNIGHT into US Wed. a.m. et:
         New Zealand April QV House Prices   Q1 Unemployment Rate/Change/ Participation/Labor Cost
         South Korea April CPI + Nikkei April Manufacturing PMI
         UK BRC April Shop Price Index
         Japan April Monetary Base End of Period, Nikkei Services & Composite PMI + April Consumer Confidence Index
         China Caixin Manufacturing PMI
         Swiss March Retail Sales, April SECO Consumer Confidence
         Markit Eurozone, France, Germany, Italy Apr. Manufacturing PMI
         Italy Q1 GDP
         UK Markit/CIPS April Construction PMI
         Eurozone Q1 GDP, March Unemployment Rate
         Riksbank Gov Ingves
address at FT Global Banking Conference (London)
Wed.,         May 02 FOMC post-Meeting Statement (2pm et)
MBA weekly Mortgage/Refinance Applications
ADP April Private Company Employment Report
US Treasury Refudning Announcement includes 10-, & 30-year Bonds
EIA weekly Petroleum/Gasoline/Distillates Report
Brazil Markit April Manufacturing PMI, Trade Balance & FX Flows
Singapore April Manufacturing PMI
South Africa April Total Vehicle Sales
    OVERNIGHT into US Thurs. a.m. et:
         Aussie ANZ Apr. Job Ads, AiG Performance of Service Index, CBA Services & Composite PMI, March Trade Balance, Mar. Building Approvals, Trade Balance Private House Approvals
         New Zealand Commodity Price Index
         Norges Bank (Norway) MPC Interest Rate Decision (Oslo 05/03 local time)
         Russia Markit April Manufacturing Index
         Spain Unemployment Change + Consumer Confidence
         UK Markit/CIPS April Services & Composite PMI
         Hong Kong March Retail Sales
         Eurozone March PPI, April CPI
Thursday, May 03 Challenger April Job-Cut Report
ECB's Constancio & Coeure speak @"Fostering Banking Union and Capital Markets" (Frankfurt)
Bk of France Gov de Galhau speaks at BoF/European Investment Bank "Investment in France: gearing up momentum" (Paris FR)
US March International Trade Deficit
US weekly Jobless Claims
Canada March Int'l Merchandise Trade Balance
ECB's Coeure speaks (Frankfurt)
US 181 Productivity & Costs
US April Markit Services & Composite PMI
Brazil Mar. Industrial Production
Russian Central Bank Reserves
US March Factory Orders
US April Non-Manufacturing ISM Index
US March (F) Durable Goods Orders/Shipments
EIA weekly Natural Gas Report
SNB's (Swiss) Gov Jordan speaks on Vollgeld Initiative {Soverign Money} (Zurich  Vollgeld Eliminates Leverage, instead backing every penny lent with cash)
US weekly Fed Balance Sheet & Money Supply
Japan Holiday
    OVERNIGHT into US Fri. a.m. et:
          China BoP Q1 Current Account Balance
           RBA Monetary Policy Statement
           South Korea March Current Account
           Hong Kong April Manufacturing PMI
           China Caixin April Services & Composite PMI
           India Nikkei April Services PMI
           France Mar Current Account, Gov't Budget Balance, Industrial Investments, Trade Balance             
           South Africa April Standard Bank PMI
           Markit Eurozone France, Germany, Italy April Services & Composite PMI
           UK April New Car Registrations
           Eurozone March Retail Sales
Friday,       May 04 US April Unemployment Rate/Change/Participation/Avg Hourly Earnings
Canada Ivey April PMI
Fed's Williams +  Fed Gov Quarles presentst on "Financial Stability, Regulations & the Balance Sheet" + Fed's Bostic, George & Kaplan Panelists on "Monetary Policy & Reform in Practice" @ Hoover Institution/Stanford Univ. "Currencies, Capital & Central Bank Balances: A Policy Conference"
Brazil Markit April Services & Composite PMI
Russia CPI
Baker-Hughes weekly US/North American Rig Count (1pm)
Japan Holiday
    OVERNIGHT into US Saturday
         Riksbank's Olsen & Slyngstad
participate on the management of Gov't Pension Fund in the Storting's Financial Committee (Oslo)
Saturday,  May 05 Japanese Holiday--Children's Day
Sunday,      May 06 BoJ releases Minutes of its March 08--09 Meeting
Fed Gov Quarles speaks at "23rd Annual Financial Markets Conference on :Machines Learnings Finance" (7pm et  Amelia Island FL )

         WEEKS AHEAD:  05/07   Fed's Bostic, Fed's Harker, Fed's Evans & Kaplan +Vincent Reinhart
speakers @ 23rd Annual Financial Markets Conference on "Machines Learning Finance: Will They Change the Game?" On the 8th, IMF's Tao Zhang ( www.frbatlanta.org/news/conferences-and-events/conferences/2018/
                                        05/10      BoE MPC Meeets
                                                       RBNZ MPC Meets
                                       05/17       Bk of Mexico MPC Meets
                                       05/30       BoC (Canada) 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..