wall street in advance

April 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,    Apr 14     OVERNIGHT into US Mon. a.m. et:
         UK Rightmove Apr House Prices
         Swiss Q1 Real Estate Index of Family of Homes
         India Mar WPI Food, Fuel, Manufacturing Inflation & Trade Balance
         Chinese Mar Aggregate Financing, Foreign Direct investment, Apr Money Supply
         BoJ's Wakatabe speaks at conference
         Russia Industrial Production
         Swiss Mar Import & Producer Prices
         ECB publishes Consoidated Financial Statement of the Eurosystem (15:00cet)
Monday,  Apr 15 Empire State NY Fed April Manufacturing Survey (8:30am et)
Fed's Evans on CNBC Squawk Box
BoE's MPC Member Haskel panelist @ Royal Econonic Society Conference (London)
Canada Mar Existing Home Sales, BoC Q1 Senior Loan Officer Survey, Business Outlook
US-Japan Talks (D.C. thru 16th)
US Treasury Auctions $42B 3-, & $36B 6-month Bills (11:30am et)
Fed's Evans on current economy & monetary policy @NY Ass'n for Business Economics w/Q&A (noon)
Fed's Rosengren delivers 33rd Cornelson Distinguished Lecture @ Davidson College (approx 8pm et Cornelia NC)
US Feb TICS (4pm et)
US Federal Tax Payments for 2018 Due Today--Tax Forms Due Tomorrow, Except in Maine & Massachusetts, where they're due on the 17th
    OVERNIGHT into US Tues a.m. et:
         China Mar New Home Prices
         RBA Minutes of April MPC Meeting
         New Zealand Mar non-Resident Bond holdings
         Tokyo Mar Condominum Sales
         UK Mar Jobless Claims/Claimant Count, Feb ILO Unemployment Rate/Change, Avg wkly Earnings
         Eurozone Feb Construction Output
         German Apr ZEW Survey of Current Conditions/Expectations
         Canada Feb Int'l Securities Transactions, Manufacturers Sales
         OPEC Meeting thru 17th??? (OPEC talked of canceling it after recent meeting with non-OPEC producers because of higher than expected compliance)
Tuesday,  Apr 16 Redbook weekly store sales snapshot (8:55am et)
US Mar Industrial Production/Capacity Utilization (9:15am et)
ECB's Nowotny speaks (NYC)
NAHB April Housing Market Index (10am et)
Fed's Kaplan Q&A @ Dallas Fed Community Forum (2pm et El Paso TX)
US 2018 Tax Returns Due
    OVERNIGHT into US Wed. a.m. et:
         New Zealand Q1 CPI
         Japan Mar Trade Balance, Dept Store Sales
         Singapore Mar non-Oil  Exports, Trade Balance
         China Q1 GDP, Mar Fixed Asset Investments, Industrial Production, Retail Sales, Surveyed Jobless Rate, w/NBS Press Conference on the numbers
         Japan Feb Industrial Production/Capacity Utilization
         EU 25 March New Car Registrations
         UK Mar PPI, CPI, RPI, Feb House Price Index
         Italian Feb Trade Balance
         So Africa SARB Monetary Policy Review, Mar CPI Feb Retail Sales
         ECB's Lautenschlaeger panelist @Network for Greening the Financial System (Paris FR 16:30cet)
         Eurozone Feb Trade Balance, Current Account, Mar CPI, Balance of Payments, Seasonally Adjusted HICP 
Wed.,       Apr 17 MBA weekly Mortgage/Refinance Apps (rates moved up a bit late last week)
BoE Gov Carney speaks
US Mar Int'l Trade Deficit (8:30am et)
US Feb(?) Wholesale Trade (10am et)
Canada Mar CPI, Feb Int'l Trade
Russia Mar Unemployment Rate, Retail Sales, Monthly GDP
EIA weekly Petroleum/Gasoline/Distillates Inventory (10:30am et;   w/e 04/12)
Fed's Bullard delivers 28th Hyman P. Minsky lecture @Levy Economics Institute @Bard College (12:30pm et Annandale-on-Hudson, NY)
Fed's Harker on eco outlook & Q&A @Greater Vineland Chamber of Commerce (Vineland NJ 12:30pm et)
Fed's Beige Book (2pm et)
India Holiday
NY Fed's Sr VP & Dpty SOMA Mngr, Logan speaks @NYU Money Marketeers (7pm ET)
    OVERNIGHT into US Thurs a.m. et:
         China Mar Fx Net Settlement
          So Korean MPC Interest Rate Decision
          Aussie Q1 NAB Business Confidence, Mar Unemployment Rate/Change/Participa-  tion/Full-time/Part-time Jobs
          RBI (India) releases MPC Meeting Minutes
          Japan Reuters April Tankan Index
          German Mar PPI & WPI
          Swiss Mar Trade Balance & Watch Exports
          Eurozone, France, Germany, Italy Apr Manufacturing, Services & Composite PMI
          Hong Kong Mar Unemployment Rate
          Italian Feb Industrial New Orders/Sales
          BoE Credit Conditions & Bank Liabilities Surveys, Mar Retail Sales
Thurs.      Apr 18 US weekly Jobless Claims (8:30am et)
Philly Fed Business Outlook Survey
US Mar Retail Sales
US AG Barr to release redacted version of Mueller Report
Canada Feb Retail Sales, ADP Mar Payrolls Estimate
IHS Markit Flash Apr Manufactuing, Services, Composite PMI (9:45am et)
US Feb Business Inventories (10am et)
EIA weekly Natural Gas Report (10:30am et)
US Treasury Refunding Announcement (11am et)
Fed's Bostic "A Converstaion with--" @ Economic Roundtable & Tour of Fed Bank Jacksonville (FL)
US Treasury Auctions $17B 5-year TIPS (1pm et)
Baker-Hughes weekly Rig Count (1pm et)
SIFMA Markets Close at 2pm et
US Fed weekly Balance Sheet & US weekly Money Supply (4:30pm et)
    OVERNIGHT into US Fri. a.m. et:
         So Korea Mar PPI
         Japan Mar National CPI, Supermarket Sales
Friday,     Apr 19 US Mar Housing Starts/Building Permits (8:30am et)
US & Most Western Markets Closed for Good Friday
Brazil Tax Revenue
Passover, an 8-day holiday, starts at Sundown
Sat.          Apr 20
Sun.          Apr 21 EASTER Celebrated in most of the Western World
Monday,   Apr 22 Chicago Fed Mar  National Activity Index (8:30am et)
US March Existing Home Sales (10am et)
US Treasury Auctions $42B 3-, & $36B 6-month Bills (11:30am et)
Brazil CAGED Net Payroll Jobs & Federal Tax Revenue
Easter Monday celebrated in most of the Western World, ex-U.S.
   OVERNIGHT into US Tues. a.m. et:
         Australia CBA April Manufacturing, Services, & Composite PMI
         Japan Apr Manufacturing PMI, Mar Nat'l Dept Store Sales, Machine Tool Orders
         New Zealand Mar Credit Card Spending
         Canada Feb Wholesale Trade
Tuesday,  Apr 23 Redbook weekly US store sales snapshot
FHFA Feb House Price Index (9am et)
Richmond Fed Apr Manufacturing Index
US March New Home Sales (10am et)
US Treasury Auctions $26B 52-week Bills (11:30am et)
Philly Fed April non-Manufacturing Business Outlook survey
US Treasury Auctions $40B 2-year Notes (1pm et)
Fed Reserve Bd open mtg on Proposal to Revise the Board's Control Rules (1:30pm et)
    OVERNIGHT into US Wed. a.m. et:
        Japan Mar Corporate Service Prices
        German Mar Import Price Index
        Aussie Mar Skilled Vacancies, Q1 CPI
        Japan Feb All Industry Activity Index
        German Apr IFO Current Assessment/Expectations
        French Apr Business Survey
        Italian Mar Trade Balance
        Spanish Trade Balance
        Swiss ZEW Expectations
        ECB Publishes Consolidated Financial Statement of the Eurosystem
        UK Mar Central Gov't NCR, Public Sector Net Borrowing
        UK FinMin Hammond testifies @Parliament's Treas Cmte on Spring Budget Statement
Wed.        Apri 24 MBA weekly Mortgage/Refinance Applications (7am et; perked to 3-yr high last week)
EIA weekly Petroleum/Gasoline/Distillates Report (10:30am et  w/e 04/19)
BoC (Canada) MPC Issues Rate Decision, Outlook, Monetary Policy Report
BoC Gov Poloz &  Dpty Gov Wilkins Press Conference
(post-Meeting/Policy Report)
US Treasury Auctions$20B 2-yr FRN (11:30am et)
US Treasury Auctions $41B 5-year Notes (1pm et)
    OVERNIGHT into US Thurs. a.m. et:
        China Mar Swift Global Payments
        South Korea Q1 GDP
       BoJ MPC Meeting Announcement/Yield Targets/Outlook, More QE?
        BoJ Kuroda Press Conference
( 04/25 local time)
        Riksbank (Sweden) MPC Announces Rate Decision, Gov Olsen before Standing Cmte on Finance & Economic Affairs of the Storting 
        Spain Q1 Unemployment Rate, PPI
        UK Apr CBI Orders & Selling Price Trends, Optimism
Thursday, Apr 25 US March Durable Goods Orders/Shipments--Capital Goods Orders/Shipments (8:30am et)
ECB V.P. de Guindos participant "Europe at Crossroads" event by European-American Chamber of Commerce (8:30am et @Thomas Reuters, NY)
US weekly Jobless Claims
Brazil Mar Current Account & Foreign Direct Investment, Apr Consumer Confidence
EIA weekly Natural Gas Report  (10:30am et;   w/e 04/19)
K.C. Fed April Manufacturing Index (11am et)
US Treasury Auctions 4-, & 8-week Bills (11:30am et, values not yet announced)
US Treasury Auctions $32B 7-year Notes (1pm et)
US weekly Fed Balance Sheet & Weekly US Money Supply (4:30pm et)
Holidays in Australia & New Zealand
    OVERNIGHT into US Fri. a.m. et:
        New Zealand Mar Trade Balance, ANZ CPI
        Japan Mar Jobless Rate, Tokyo Apr CPI, Mar Industrial Production, Retail Trade
        Aussie Q1 PPI, Import & Export Price Indices
        Singapore Mar Industrial Production
        Japan Feb Vehicle Production, Mar Housing Starts/Construction Orders
        Chairman Jordan speaks @ Swiss Nat'l Bank Annual Shareholder Mtg (Bern)
        Russia Apri Interest Rate Decision
        UK BBA Mar Mortgage Approvals, CBI Apr Reported Sales, Total Distributed Sales
        India Deposit & Bank Loan Growth, Fx Reserves
Friday,       Apr 26 US 19Q1 GDP + PCE (8:30am et)
Brazil Mar Bank Lending
U.M. Final April Consumer Sentiment & Expectations
Canada Feb Budget Balance
Baker-Hughes weekly US/North American Rig Count (1pm et)
Saturday,  Apr 27 German Mar Retail Sales
China Mar Industrial Profits
South Africa Holiday--Freedom Day
                                                      
      WEEKS AHEAD: 04
/30   BoJ Minutes of MPC Meeting 03/14--15
                         04/;30--05/01   FOMC Meeting
                                      05/01    FOMC Chair Powell Press Conference


*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, 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