wall street in advance

August 2019  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,   July 28     OVERNIGHT into US Mon. a.m. et:
        Japan Jun Retail Trade
        UK Jul Nationwide House Prices
        South Africa Jun Private Sector Credit
        Spain Jul Retail Sales, CPI & HICP
        BoE Jun Net Consumer Credit, Mortgage Approvals
        Brazil Jun Budget Balance, Debt-to-GDP Ratio
Monday,  July 29 Dallas Fed Jul Manufacturinmg Activity/Texas Services Survey (10:30am et)
US Treasury Auctions $36B 3-, & $36B 6-month Bills (11:30am et)
    OVERNIGHT into US Tues. a.m. et:
        So. Korean Aug Manufacturing BSI Index
        New Zealand Jun Trade Balance, Building Approvals
        Japan Jun Jobless Rate, Jun Industrial Production
        BoJ MPC Rate/QE Decision (07/30 local time)
        BoJ Gov Kuroda post-Meeting Press Conference
        Aussie Jun Building & Private House Approvals
        French Q2 GDP, Jun Consumer Spending, Gov't Budget Balance 
        German GfK Aug Consumer Confidence, Jul CPI, HICP, Import Price Index
        Eurozone Jul Business/Industrial/Services/Economic Climate, Consumer Confidence
        South Africa Q2 Unemployment Rate/Change
        USTR Lighthizer & Treas Sec'y Mnuchin meet in China with V. Premier Liu He
Tuesday, July 30 2-day FOMC Meeting Starts
US June Personal Income/Outlays/PCE (8:30am et)
Redbook weekly store sales snapshot (8:55am et)
S&P Case Shiller May 20-City Home Price Index (9am et)
Conference Board's July Consumer Confidence/Expectations (10am et)
NAR June Pending Home Sales (10am et)
    OVERNIGHT into US Wed. a.m. et:
         So Korea Jun Industrial Production, Retail Sales, Service Sector Output
         Japan Jun Loans & Discounts, May Vehicle Production, Housing Starts/Orders
         New Zealand Jul ANZ Business Confidence/Outlook
         China Jul Manufacturing/Services+Composite PMI
         Aussie Q2 CPI, Jun Private Sector Credit, CPI, Housing Sector Credit
         RBI (India) Monetary & Credit Information Review
         UK GfK Jul Consumer Confidence, BRC Shop Price Index/ Lloyds Business Barometer, Nationwide HPI
         Spain Q2 GDP, Current Account
         Italy Jun Unemployment Rate/Change, CPI, HICP, Q2 GDP
         Hong Kong GDP (massive weekend strikes/protests have to hurt GDP)
         Swiss ZEW Jul Conditions, Aug Expectations
         German Jul Unemployment Rate/Claims/Change, Jun Retail Sales
         Eurozone Jun Unemployment Rate, Q2 GDP, July CPI, HICP
         Italy Q2 GDP
Wed.       July 31 MBA weekly Mortgage/Refinance Applications (7am et)
Brazil Jun PPI, Unemployment Rate
South Africa Jun Trade Balance
ADP July Private Sector Employment Report (8:15am et)
US Q2 ECI-Employment Cost Index (8:30am et)
Canada May GDP, Jun Industrial Product & Raw Materials Prices
Chicago Jul PMI (9:45am et)
EIA weekly Petroleum/Gasoline/Distillates Report (10am et  w/e 07/26)
US Treasury Refunding Annoucement (11am et)
FOMC post-Meeting Rate & QE Statement +Balance Sheet plans (2pm et)
FOMC Chief Powell's Press Conference (2:30pm et)
Brazil Interest Rate Decision
USDA Farm Prices (3pm et)
    OVERNIGHT into US Thurs. a.m. et:
         Aussie CoreLogic Jul House Price Index, Q2 Import/Export Price Index, AiG Jul  Manufacturing PMI, HIA NEw Home Sales
         Japan Nikkei Jul Manufacturing PMI, Vehicle Sales
         South Korea Jul CPI, Trade Balance, Nikkei Manufacturing PMI
         Aussie Jul Commodity Index
         BoJ Dpty Gov Amamiya speaks
         China Caixin July Manufacturing PMI
         Swiss Jul Manufacturing PMI
         Markit Jul Eurozone, France, Germany, Italy Manufacturing PMI
         Ward's US July Vehicle Sales
         Markit UK Jul Manufacturing PMI
         BoE post-Meeting Rate Decision/QE Decision Released, Minutes (London, 08/01)
Thurs,     Aug 01 BoE Gov Carney post-Meeting Press Conference (London)
Challenger July US Lay-off Announcements (7:30am et)
US weekly Jobless Claims/Continuing Claims (8:30am et)
Canada RBC Jul Manufacturing PMI
Brazil Jun Industrial Production
US Manufacturing PMI (9:45am et)
US July Vehicle Sales (GM & Ford re;port quarterly)
US ISM Manufacturing Index/Prices Paid/Orders/Employment (10am et)
US June Construction Spending
Mexican Jul Markit Manufacturing PMI
South Africa Jul Total Vehicle Sales
Brazil Jul Markit Manufacturing PMI, Trade Balance
EIA weekly Natural Gas Report (10:30am et)
US Treasury Auctions 4-, & 8-week Bills  (11:30am et)
Fed weekly Balance Sheet & weekly US Money Supply (4:30pm et)
Swiss National Day Holiday
    OVERNIGHT into US Fri. a.m. et:
        India Jul Nikkei Markit Manufacturing PMI
        Russia Jul Markit Manufacturing PMI
        BoJ Minutes of June Policy Meeting
        Aussie Q2 PPI, Jun Retail Sales
        UK Markit/CIPS Jul Construction PMI, Manufacturing PMI
        Eurozone Jun PPI, Retail Sales
        Eurozone, France, Germany, Italy Jul Markit Manufacturing PMI
        Spain Unemployment Rate/Change
        Italy Jun Retail Sales
        Hong Kong Jun Retail Sales (protests hurt sales in central district)
        India Bank Loan & Deposit Growth, Fx Reserves
Friday,    Aug 02 US July Unemployment Rate/Change/Participation/Avg Hrly Earnings/Work Week (8:30am et)
Puerto Rico Gov. Ricardo Rossello said he'd resign today
Canada Jun Int'l Merchandise Trade Balance
Singapore Jul Manufacturing PMI
US June Int'l Trade Deficit
U.M. Final July Consumer Sentiment
US June Factory Orders
Baker-Hughes weekly US/North American Rig Count (1pm et;  w/e 07/26)
*A Day of near Infamy: Trump tweeted new China 10% Tariffs starting 09/01 tanking equities)
Back-to-School Sales Tax Holidays start in:  AR, FL, IA, LA, MO, NM, OH, OK, SC, VA, WI  (thru 5th for most, some the 6th)
Saturday, Aug 03
Sunday,    Aug 04     OVERNIGHT into US Mon. a.m. et:
         South Korea Jul Fx Reserves
        Aussie AiG Jul Performance of Services, CBA Services + Composite PMI, TD Securities Inflation
        China Caixin Jul Services & Composite PMI
         Hong Kong Jul Manufacturing PMI
         India Nikkei Jul Services PMI
         Swiss Jun Retail Sales & Jul SECO Consumer Confidence
         Markit Eurozone, France, Germany, Italy Jul Services & Composite PMI
         France Jun Industrial Production
         South Africa Jul Standard Bank PMI 
         UK Jul New Car Registrations, Markit/CIPS Services+Composite PMI
         Brazil BCB Focus Market Readout
         BoE Q2 Asset Purchase Facility Quarterly Report
Monday,   Aug 05 Brazil Markit Jul Composite+Services PMI
US Markit July Services + Composite PMI  (9:45am et)
US ISM non-Manufacturing Index (10am et)
US Treasury Auctions $39B 3-, $39B 6-month Bills (11:30am et)
TD Ameritrade IMX (12:30pm et)
    OVERNIGHT into US Tues. a.m. et:
         New Zealand Q2 Unemployment Rate/Change/Participation/Wages
         Aussie Jun Trade Balance, ANZ Jul Job Ads
         UK BRC July Like-for-Like Sales
         Japan Jun Household Spending, Labor Cash Earnings
        RBNZ (New Zealand) MPC Interest Rate Decision  (08/06 local time)
         RBA (Aussie) MPC Interest Rate Decision  (08/06 local time)
         Russia CPI
         Germany Jun Factory Orders & Jul Markit Construction PMI   
Tuesday,  Aug 06 US Q2 Mortgage Delinquencies & Foreclosures
Redbook weekly store sales snapshot (8:55am et)
US June JOLTS (Job Turnover Quits 10am et)
Fed's Harker introductory remarks @"Neuroeconomics & Financial Decision Making: Foundations & Applications in New Domains" (10am et Philly Fed)
Fed's Bullard speaks on US Economy w/Q&A @Nat'l Economists Club Lunch (D.C.  noon Nat'l Press Club)
US Treasury Auctions $38B 3-year Notes (1pm et)
    OVERNIGHT into US Wed. a.m. et:
        New Zealand Jul QV House Prices
        Aussie AiG Jul Performance of Construction, June Honme & Invesatment Loans
        BoJ Summary of Opnions of July 29--30 MPC Meeting
        China Jul Fx Reserves
        German Jun Industrial Production
        French Jun Trade Balance
        India MPC Interest Rate Decision/Reverse REPO Rate/Cash Reserve Ratio
        Swiss UBS Q2 Real Estate Bubble Index, Jul Fx Reserves
        ECB Housheold Sector Report
        UK Halifax Jul House Prices
Wed.,        Aug 07 MBA weekly Mortgage/Refinance Apps (7am et)
Brazil Jun Retail Sales
Fed's Evans on US economy @Media Breakfast (FRB of Chicago 8:30am cdt)
Canada Ivey Jul PMI
NY Fed Releases Regional Household Debt & Credit Snapshots
Video Game Developers/Publishers on the Hot Seat over Loot Boxes @FTC (D.C.)
EIA weekly Petroleum/Gasoline/Distillates Stats (10:30am et; w/e 08/02)
US Treasury Auctions $27B 10-year Notes (1pm et)
US Consumer Credit (debt, really; 3pm et)
    OVERNIGHT into US Thurs. a.m. et:
        RBA's Bullock speaks (Toowoomba)
        UK RICS Jul House Price Balance
        Japan Q2 Housing Loans, BoP Jun Current Account Balance, Trade Balance, Bank & Trust Jul Lending , Eco Watchers Survey, Bankruptcies, Office Vacancy Rate
       Singapore Jun Retail Sales
       China Jul Trade Balance
       Spain Jun Industrial Production
       ECB Economic Bulletin
Thurs.      Aug 08 US weekly Jobless Claims (8:30am et)
Mexico July CPI
Canada Jun New Housing Price Index
US July Chain Store Sales (some will report 2Qtr)
US June Wholesale Trade (10am et)
EIA weekly Natural Gas Report  (10:30am et)
US Treasury Refunding Announcement (11am et)
US Treasury Auctions 4-, & 8-week Bills (11:30am et; value unavailable at post)
US Treasury Auctions $19B 30-year Bonds (1pm et)
US Fed Balance Sheet & US Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
        Japan Q2 (P) GDP/Private Consumption/Business Spending/CapEx
        New Zealand REINZ July House Sales
        China Jul PPI, CPI, New Yuan Loans/Aggregate Financing, BoP Q2 Current Account
        Swiss Jul Unemployment Rate
        German Jun Trade Balance, Current Account Balance
        French Jun Industrial Production
        UK Jun NIESR GDP/Private Consumption/Gov't Spending/Gross Fixed Business Invesatment/Capital Formation, Jun Industrial/Manufacturing/Construction Output, Index of Services, Trade Balance
       IEA Monthly Energy Report
        Italian Jun Trade Balance, Jul CPI & HICP
        Mexico Jun Industrial Production
        Russia Jun Trade Balance, Q2 GDP
Friday,      Aug 09 US July PPI--Final Demand (8:30am et)
Canada Jul Unemployment Rate/Change/Participation/Full-Part-time Employment, Jul Housing Starts, Jun Building Permits
Baker-Hughes US/North American Rig Count (1pm et; w/e 08/02)
Saturday, Aug 10
                                                     
      WEEKS AHEAD: 08/15  Norges Bank (Norway) MPC Meets
                                                 Bank of Mexico MPC Meets
                              08/22--24    K.C. Fed Jackson Economic Symposium (Jakcson Hole WY)
                                    09/04     Fed's Evans opens "Forging a New Path for North American Trade: The Auto Sector" @FRB Chicago's Detroit branch (3:15pm edt thru 5th)

*FOMC 2019 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, newly (Sept) sworn in Richard Clarida, plus New York Fed Pres, currently John Williams (Formerly of the San Francisco Fed) who replaced William Dudley, who retired from the bank on June 15, 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. San Francisco Fed named Mary Daly Pres/CEO as of 10/1/2018, who'll be a voter until Feb. The hole in the San Francisco Fed's hierarchy resulted in Esther George--a very vocal hawk--becoming a voting member of the FOMC, but she steps aside as of Mary Daly's swearing in, and returns as a voter in Feb 2019. Cleveland Fed's voter, Loretta Mester, a 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 (unintentionally) leaked sensitive FOMC discussions to Medley Advisors. Richmond operated with an Interim Pres, Mark L Mullinix, while searching for its new leader, Thomas Barkin, who arrived Jan 1st 2018.. Dissenters at the Dec. 2017 Meeting, Neel Kashkari & Charles Evans, are no longer voters in 2018.
               * HICP used in Europe, means Harmonized Index of Consumer Price