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March 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,
Mar 03 |
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Italian Elections will,
ultimately, determine who runs the government
German Social Democrats announce whether they've agreed to a coalition with
Merkel?
CFTC's Giancarlo (+ more) speak at IIB Annual Institute of Int'l Bankers
Conference (D.C. thru 6th)
OVERNIGHT into US Mon. a.m. et:
Aussie CBA Feb Services & Composite
PMI
China Xi JingPing press
statement before opening the Nat'l People's Congress Begins (Beijing thru
9th)
Caixin China Feb Services &
Composite PMI
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Monday, Mar 04 |
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Jan US Retail Inventories
US Dec Construction Spending (10am et)
Jan US Durable Goods Orders/Shipments
US Treasury Auctions $48B 3-, & $39B 6-month Bills (11:30am et)
TD Ameritrade IMX (12:30pm est)
Brazil Holiday--Carnivale
India Holiday
OVERNIGHT into US Tues a.m. et
Aussie TD Securities Feb Inflation, Feb
CBA Services & Composite PMI, Q4 Current Account Balance
South Korea 18Q4 GDP, Feb CPI
New Zealand ANZ Feb Commodity Price
Hong Kong Feb Manufacturing PMI
Nikkei Feb Japan Services &
Composite PMI
China Caixin Feb Services & Composite
PMI
China Premier Xi Press Conference
pre-Opening of NPC
China National Peoples Congress
(Tues. local time, thru 8th)
RBA (Aussie) MPC Decision, March
Cash Target Rate (03/05 local time)
Swedish Dpty Gov Skingsley
panelist on possible introduction of digital currency
So Africa Standard Bank Feb PMI, 18Q4 GDP
SNB (Swiss Central Bank) FY18
Results, Swiss Feb CPI
Eurozone Sentix Mar Investor Confidence,
Jan PPI, Retail Sales
Eurozone, France, Germany, Italy, Spain
Feb Services & Composite PMI
Italy 18Q4 GDP
UK Markit/CIPS Feb
Services, Composite PMI, BRC Feb Like-for- Like Sales, New Car Registrations,
Official Fx Reserves
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Tuesday, Mar 05 |
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Fed's Rosengren on
current economic landscape @ Nat'l Ass'n of Corporate Directors; New England Chapter
(Boston MA 7:30am et)
Redbook weekly store sales snapshot
US Dec Construction Spending
US Feb Services & Composite PMI (9:45am et)
US Dec New Home Sales (10am et)
US Feb ISM non-Manufacturing Index/Employment/Prices
US Treasury Budget (2pm et)
OVERNIGHT into US Wed. a.m. et:
RBA Gov Lowe speaks (Sydney), Q4 GDP,
CapEx, Price Index, Consumption
BoJ's Harada speaks (Kofu)
So Korea Feb Fx Reserves
Markit German Feb Construction PMI
BoE Financial Policy Statement of Feb.
26th Meeting
BoE's Saunders speaks @ Imperial College
(London)
BoE Dpty Gov Cunliffe speaks @
LSESU (London Sschool of Eeconomics Student Union) Economic Symposium, "The Next
Great Crisis"
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Wed.,
Mar 06 |
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MBA Mortgage/Refinance Applications
(7am et)
ADP Feb private sector Employment Report (8:15am et)
US Dec Int'l Trade Deficit (8:30am)
Canada Dec Trade Balance & Q4 Labor Productivity
Jan Factory Orders
EIA weekly Petroleum/Gasoline/Distillates (10:30am et w/e 03/01)
Canada Ivey Feb PMI
Brazil Auto Production/Sales
BoE's Economist Haldane hosts 1st "Citizens Panel" (Hull
England)
Fed's Mester participant in moderated Q&A @Columbus Partnership (noon
Columbus OH)
Fed's Williams on "The Economic Outlook: The 'New Normal' is Now"
@Economic Club of NY w/Q&A (12:10 pm et)
Bk of Canada MPC Interest Rate Decision Announced
Fed's Beige Book (2pm et)
OVERNIGHT into US Thurs a.m. et:
Aussie Feb Performance of Construction
Index, Jan Trade Balance & Retail Sales, Feb Fx Reserves
China Feb Fx Reserves
Swiss Feb Unemployment Rate, Fx Reserves
UK Halifax Feb House Prices, RICS
House Price Balance
So Africa Feb Fx Reserves Report/Change,
18Q4 Current Account
Hong Kong Fx Reserves
Italy Jan Retail Sales
Eurozone 18Q4 Unemployment, GDP,
Gross Fixed Capital, Gov't Expenditure, Housheold Consumption
ECB MPC Rate Decision, Deposit
Facility, QE, (possibly adds back support? Frankfurt DE 03/07 local
time)
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Thurs.
Mar 07 |
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ECB Chief Draghi
post-Meeting Press Conference (7:30am et?)
Challenger Feb US Job-Cut Report (7:30am et)
US weekly Jobless Claims (8:30am et)
US 18Q4 Productivity & Costs
Brazil Markit Feb Services & Composite PMI
Canada Jan Building Permits
Mexico Feb CPI
OECD Interim Economic Outlook
EIA weekly Natural Gas Report (10:30am et)
US Treasury Refunding Announcement incl. 30-yr Bonds (11am et)
US Treasury Auctions 4-, & 8-week Bills (11:30am; value not announced at post)
US Jan Consumer Credit (3pm et)
Fed weekly Balance Sheet + US Money Supply (4:30pm et)
OVERNIGHT into US Fri a.m. et:
New Zealand 18Q4 Manufacturing Activity,
Volume of All Buildings
So Korea Jan Current Account
Japan 18Q4 GDP, Jan Household
Spending. Current Account Balance, CapEx, Trade Balance, Bank Lending, Eco
Watchers Survey Feb Current Conditions, Outlook
China Feb Trade Balance
German Jan Factory Orders
Italy Jan PPI, Industrial Production
French Jan Trade Balance, Current Account
Spain Jan Industrial Production
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Friday,
Mar 08 |
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US Feb Unemployment Report/Continuing
Claims/Participation/Labor Costs (8:30am et)
Jan US Wholesale Inventories/Sales
US Jan Housing Starts/Building Permits
Canada Feb Unemployment Rate/Change/Participation/Wages/Full-Pt-Time, Housing Starts
Fed's Daly participant @ Brookings Papers on Economic Activity (Brookings
D.C. 10am)
WASDE Report
Baker-Hughes weekly US/North American Rig Count (1pm et)
Fed Gov Powell on Monetary
Policy Normalization prior to 2019 SIEPR Economic Summit Dinner
(9pm et Stanford CA)
OVERNIGHT into US Sat. a.m. et:
ECB's Nowotny speaks (Prague)
ECB's Mersch at "Let's Talk Europe"
conference by EU Commission reps (Luxembourg)
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Sat.
Mar 09 |
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China Feb CPI & PPI
Move Clocks Ahead by One Hour before going to sleep
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Sun.
Mar 10 |
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FOMC Chief Powell on
"60 Minutes" (CBS TV 7pm et)
OVERNIGHT into US Mon a.m. et:
China Feb Money Supply, New Yuan Loans,
China Direct Foreign Investment
New Zealand Feb Card Spending
Aussie Q2 Manpower Survey
Canada Jan Trade Balance
Japan Feb Machine Tool Orders
German Jan Indusrial Production, Trade
Balance, Current Account
Eurogroup Meetings (03/11
local time)
Eurozone 18Q4 Labor Costs
BoE MPC Haskel speaks @ Univ. of
Birmingham (UK)
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Monday, Mar 11 |
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US Jan Retail Sales
(8:30am eT)
US Dec Business Inventories
Brazil Feb Auto Production/Sales
US Treasury Auctions $48B 3-, & $39B 6-month Bills (11:30am)
US Treasury Auctions $38B 3-year Notes (1pm et)
OVERNIGHT into US Tues a.m. et
Q1 Japan BSI Large
Industray/Manufacturing, Q2 Manpower Survey
Aussie Feb NAB Business
Confidence/Conditions, Jan Home Loans/All Loans
RBA MPC's Debelle speaks (Sydney)
Singapore Jan Retail Sales
France 18Q4 non-Farm Payrolls
UK Jan NIESR GDP, Trade Balance,
Construction Output, Industrial & Manufacturing Production, Index of Services
EU FinMins Meet
NFIB US Small Business Optimism Index
(6am et)
India Jan Industrial
Production/Manufacturers Output
Central Bankers from EU, Netherlands,
Sweden, Australia, Mexico & Chile speak at Swiss Financial Conference (Basel thru
13th)
BoE Minutes of MPC Meeting 02/26
(03/12 local time)
UK Parliament 2nd Vote on PM May's Brexit
Deal
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Tuesday, Mar 12 |
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US Feb CPI (8:30am
et)
US Real Avg Hourly & Weekly Earnings
Brazil Feb CPI
FIA 44th Int'l Futures Industry Conference (Boca Raton FL thru 13th)
Redbook weekly store sales snapshot
CFTC Chair Giancarlo fireside chat @ IIB Institute of Int'l Bankers
(9:30am et D.C.)
Wells Fargo CEO Tim Sloan testifies @ US House FinServices Cmte on
Scandals
SEC Chief Jay Clayton fireside chat @ IIB (10:30am et)
US Treasury Auctions $24B reopened 10-year Notes (1pm et)
FDIC Chair Jelena McWilliams speaks @ IIB (3pm et)
OVERNIGHT into US Wed. a.m. et:
Japan Feb Corporate Goods Price Index,
Jan Core Machinery Orders, Tertiary Industry Index, Feb PPI
South Korea Feb Unemploymen Rate
Singapore Unemployment Rae
German Feb Wholesale Price Index
Spain Feb CPI & HICP
Italy Qtrly Unemployment
Eurozone Jan Industrial
Production
UK Annual Budget Release + Spring
Forecast Statement from FinMin Hammond
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Wed.
Mar 13 |
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MBA weekly Mortgage/Refinance
Applications
Canada Teranet/National Bank Feb Home Price Index
Brazil Jan Industrial Production
US Jan Durable Goods Orders/Shipments (8:30am et)
US Feb PPI --Final Demand
Atlanta Fed Business Inflation Expectations (10am et)
US Jan Construction Spending
US 18Q4 eCommerce (Consumer) Sales
Mexico Jan Industrial Production
EIA weekly Petroleum/Gasoline/Distillates Report (10:30am et w/e
03/08)
Brazil Fx Flows
US Treasury Auctions $16B reopened 30-year Bonds (1pm et)
OVERNIGHT into US Thurs. a.m. et:
Japan Foreign Investment in Stocks &
Bonds
China Feb Industrial Production,
Jan Fixed Asset Investment, Retail Sales, Jobless Rate, Property Investment
South Korea Feb Unemployment Rate
India Feb Manufacturing, Fuel & Food
Inflation
French, German Feb CPI & HICP
South Africa Jan Gold & Mining
Production
UK RICS Feb House Price Balance
BoJ MPC Meeting Begins (thru 15th, local
time)
Swiss SECO March Economic Forecasts, Feb
CPI & PPI
South Africa Jan Manufacturer Production
Brazil Jan Retail Sales
OPEC Monthly Report
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Thursday, Mar 14 |
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US weekly Jobless Claims
US Feb Import/Export Prices (8:30am et)
US Jan New Home Sales (10am et)
Canada Jan New House Price Index
Russia Central Bank Reserves
EIA weekly Natural Gas Report (10:30am et)
NAHB Mar Housing Market Index
US Treasury Refunding Announcement (11am et)
BoC Dpty Gov Wilkins on "risks to global growth in a time when
leverage & protectionist sentiment are running high" (Vancouver)
US Treasury Auctions 4, & 8-week Bills (value not yet announced at post)
Fed Reserve weekly Balance Sheet & US Money Supply (4:30pm et)
OVERNIGHT into US Fri a.m. et:
South Korea Feb Import/Export Prices
New Zealand Feb Manufacturing PMI, Jan Net
Migration, Visitor Arrivals
BoC (Canada) Dpty Gov Wilkins speaks
BoJ MPC Rate & QE Decisions, then
Press Conference (03/15 local time)
BoJ Kuroda also speaks @ B20 Tokyo
Summit (03/15 local time)
China Feb New Home Prices
EU 25 Feb New Car Registrations, CPI
IEA Monthly Report
India Trade Balance, Bank Loan & Deposit
Growth, Fx Reserves
Italy Jan Industrial Orders/Sales, Feb CPI
& HICP
Eurozone Feb CPI
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Friday,
Mar 15 |
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Quadruple
Witch-Options/Futures Expire (S&P releases Preliminary Rebalance note)
Empire State Mar Manufacturing Index (8:30am et)
Canada Jan Manufacturing Sales/Shipments, Feb Existing Home Sales
US Feb Industrial Production/Capacity Utilization (9:15am et--polar
vortex impact?)
U.M. Preliminary Mar Consumer Sentiment (10am et)
US Jan JOLTS (Job Openings, Quits & Turnover 10am et)
Baker-Hughes US/North American Rig Count (1pm et)
US TICS (4pm et)
St. Patrick's Day usuallly bullish for equities but it's not a trading day, this year
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Saturday, Mar 17 |
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German Feb WPI |
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WEEKS AHEAD: 03/19--20 FOMC Meets
03/21 BoE MPC Meets
SNB (Swiss) MPC Meets
Norges Bank (Norway) MPC Meets
03/26 RBNZ (New
Zealand) MPC Meets
03/28 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, 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, plus
San Francisco Fed, without a leader, since Williams left for NY in July, 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 |
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