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May/June 2020 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,
May 24 |
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OVERNIGHT
into US Mon. a.m. et:
Germany Q1 (F) GDP, IFO Current
Conditions/Expectations
Taiwan Retail Sales & Industrial Production
Hong Kong April Trade Balance
New Zealand April Trade Balance
Japan Corporate Services Price Index,
All Industry Activity Index, Core CPI
Israel Interest Rate Decision
Singapore Q1 GDP, Trade Balance, Current
Account
Mexico Trade Balance, Current Account
Brazil Payrolls & BCB Focus Readout
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Monday, May 25 |
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Memorial Day US Holiday ALL
US MARKETS CLOSED
Holidays in UK, Singapore & India, too
OVERNIGHT into US Tues. a.m. et:
Singapore April Industrial Production, CPI
German GfK Consumer Confidence
Swiss Non-Farm Payrolls, Trade Balance (Watch
Exports)
UK CBI Distributive Trades
BoE Economist Haldane webinar
to Confederation of British Industry (aka CBI)
Mexico GDP
Hungary MPC Interest & Desposit
Rate Decision
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Tuesday May 26 |
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Chicago Fed April National Activity
Index
Russia April Payrolls, Wages, Retail Sales
ECB's Lane participant @virtual IIF European Conference: The EU, COVID-19
& the Future of Financial Services (14:45 cet)
ECB Financial Stability Review published (15:00 cet)
S&P/Case Shiller March Home Price Index
Conference Board's May Consumer Confidence
US April New Home Sales
Dallas Fed Manufacturing Index
US Treasury Auction $63B 3-, & $54B 6-month Bills (11:30am et)
Fed's Neel Kashkari, Lawrence Summers, Tom Brokaw + more @Living
in a COVID-19 World (nnon --3pm
cdt)
US Treasury Auctions $65B reopened 42-day Bills & $44B 2-year Notes (1pm et)
Dallas Fed's Kaplan virtual speech @Money Marketeers of NY (5:30pm et)
OVERNIGHT into US Wed. a.;m. et:
South Korea June BSI Jun Manufacturing
Index
RBNZ (New Zealand) Financial Stability
Report
Aussie Construction Completed
China Aprill Industrial Profits
Swiss ZEW May Expectations
ECB Chief Lagarde @Dialogue
for the European Youth 2020 event (9:30cet)
ECB's de Guindos at
Camara de Comercio de Espana (10:30 cet)
Mexico Unemployment Rate
ECB's Enria @virtual IIF
European Conference:EU, COVID-19 & Future of Financial Services (13:00 cet)
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Wed.
May 27 |
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MBA weekly Mortgage/Refinance
Applications
Canada April Building Permits
Redbook weekly store sales snapshot
Richmond Fed May Manufacturing/Services Index & Shipments
Dallas Fed May Services Revenues/Texas Services Sector Outlook
NY Fed's Williams meets with
Long Island Gov't, Biz & non-profits
NY Fed hosts
"Too Important to Fail: Minority-Owned Businesses Navigating COVID-19 and
Beyond (11:15am)
US Treasury Auctions $20B reopened 2-year FRNs & $40B reopened 119-day Bills
(11:30am et)
US Treasury Auctions$25B reopened 273 day Bills & $45B 5-year Notes
(1pm et)
Fed's Beige Book (2pm et)
St Louis, Atlanta, Richmond, Minneapolis, & San Francisco Fed Jt CDFI webinar Series:
Minority-Owned Firms (2pm ct)
API weekly Petroleum stats (delayed by Mon. holiday)
OVERNIGHT into US Thurs. a.m. et:
South Korea MPC Interest Rate Decision
Aussie Q1 Private CapEx , Plant/Machinery
CapEx, Building CapEx
Swiss Balance of Trade
Eurozone Consumer, Economic, Industrial &
Biz Confidence/Inflation Expectations
French Unemployment Rate/Claims
Brazil Unemployment Rate
BoE MPC Saunders speaks
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Thurs.
May 28 |
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US weekly Jobless
Claims/Continuing Claims (8:30am et)
US Durable Goods/Capital Goods Orders/Shipments
Canada Current Account
US GDP/PCE/Corporate Profits/Prices Paid
NAR April Pending Home Sales
EIA weekly Natural Gas Report (w/e 05/22 10:30am et)
EIA weekly Petroelum/Gasoline/Distillates/Refineries Report (delayed by
holiday 11am)
"A (video) Conversation with NY Fed President John Williams" via
Stony Brook Univ. College of Business (11am et livestreamed)
Fed's Harker opens webinar
"Reinventing Our Communities: Planning for Equity in Recovery--Lessons We're Learning
from COVID-19"
US Treasury Auctions 4- & 8-week Bills (value not yet announced)
US Treasury Auctions $38B 7-year Notes (1pm et)
FRB Aggregate Reserves of Depository Institutions (pre-relaxation of
rules;4:30pm et)
OVERNIGHT into US Fri. a.m. et:
So. Korea Industrial/Manufacturing Production,
Construction Output, Retail Sales
Japan Apr Unemployment Rate, Tokyo CPI,
Indsutrial Production, Retail Sales
Aussie April Private Sector Credit , Housing
Credit
Japan Apr Housing Starts, Construction Orders,
May Consumer Confidence
Singapore April Bank Lending
German April Retail Sales,
Import Prices, May CPI/HI CP/PPI
South Africa Private Sector Credit
UK BRC Shop Price Index, Nationwide
House Prices, GfK May Consumer Confidence
France Q1 GDP, Household Consumption, April
CPI/HICP, PPI, Jobless Total
Eurozone Loans to Households &
Companies, CPI/HICP
Italy Q1 GDP & April Trade Balance,
CPI/HICP
India Q4 GDP, April Federal Fiscal Defecit, Fx
Reserves
Taiwan GDP
UK Auto Production
ECB publishes National Balance
Sheet of Euro Area Monetary Fnancial Institutions ex-Eurosystem (10 cet)
Eurozone April CPI/HICP, May Business
& Consumer Confidence/Expectations
Brazil Q1 GDP, April PPI
Canada Q1 GDP, PPI, Raw Materials Prices (RMPI)
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Friday,
May 29 |
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US April Int'l Trade Balance
US April Personal Income/Spending/PCE
Canada Q1Corporate Profits
Brazil April Budget Balance
US Wholesale Inventories
May Chicago PMI
A Conversation with Jerome Powell moderated by alan Blinder @Griswold Ctr for
Economic Policy Studies @Princeton University (streamed 11am et)
U.M. Final May Consumer Sentiment/Expectations
Canada Budget Balance
Baker-Hughes weekly US/No. Am Oil/Total Rig Count (1pm etl w/e 05/22)
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Saturday, May 30 |
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China May Manufacturing,
non-Manufacturing, Composite PMI
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Sunday, May 31 |
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OVERNIGHT
into US Mon. a.m. et:
Aussie AiG & CommBank May Manufacturing PMI
South Korea May Trade Balance, Nikkei Mnftg PMI
Jibun Bank May Japan Manufacturing PMI
Aussie TD Bank Inflation Gauge, Commodity
Prices
Caixin China Mnftg PMI
India Markit Mnftg PMI
Russia May Markit Manufacturing PMI
UK Nationwide Housing Prices
Spain Tourist Arrivals, New Car Sales
Eurozone, France, Germany, Italy, Spain
Markit May Manufacturing PMI
Hong Kong Retail Sales
South Africa ABSA Manufacturing PMI, Total New
Vehicle Sales
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Monday, June 01 |
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ECB Holiday--Whit Monday
US Markit May Manufacturing PMI
US May Manufacturing ISM/Employment/Prices Paid/Shipments/New Orders
Canada RBC May Manufacturing PMI
US April Construction Spending
Mexico Markit Manufacturing PMI
Brazil May Trade Balance
US Treasury Auctions $63B 3-, & $54B 6-month Bills
Pentecost Holiday in most of the Western World (ex-US)
OVERNIGHT into US Tues. a.m. et:
New Zealand Q1 Trade Balance, Building Permits
South Korea Q1 (F) GDP, Inflation, May CPI
Aussie HIA New Home Sales, Q1 Business
Inventories, Corporate Profits, Current Account
RBA (Aussie) MPC June Interest Rate
Decision
Swiss April Retail Sales, procure.ch May
Manufacrturing PMI
French Budget Balance
Spain Unemployment Rate/Change
BoE April Consumer Credit, UK Mortgage
Approvals/Lending, 10-yr Gilt Auction
Italy Republic Day
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Tuesday, June 02 |
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Redbook weekly store sales snapshot
(Big a bounce back? Includes Memorial Weekend)
ISM May New York Conditions Index
US Treasury Auctions $40B reopened 119-Day & $65B reopened 42-day Bills
OEMs start Announcing May US Vehicle Sales (Ex-GM & Ford)
OVERNIGHT into US Wed. a.m. et:
Aussie AiG May Construction Index, CommBank
Services/Composiste PMI
Hong Kong May PMI
Japan Jibun Bank May Services/Composite PMI
Aussie Q1 GDP/CapEx/GDP Deflator/Consumption,
Building Permits/CapEx
RBA releases Chart Pack
China Caixin May Services/Composite PMI
Swiss Q1 GDP
German May Unemployment Rate/Change
South Africa May Standard Bank PMI
Eurozone, France, Germany, Italy, Spain May
Markit Services/Composite PMI
Italy May Unemployment Rate
UK Markit/CIPS Services/Composite PMI, BRC
May Shop Price Index
ECB publishes Insurance Corporations Assets &
Liabilities (10:00 cet)
Eurozone April Unemployment Rate, PPI
Wards US May Total Vehicle Sales
Poland MPC Interest Rate Decision
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Wed.
June 03 |
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MBA weekly
Mortgage/Refinance Applications
Brazil April Industrial Production
ADP May US Private Sector Employment Data/Change
Canada Q1 Labor Productivity
ECB's Fernandez-Bollo partipates in online debate organized by the Kanaroo Grp (16:30)
Brazil Markit May Services/Composite PMI
Markit US Services/Composite PMI
Bank of Canada MPC Interest Rate Decision
US April Factory Orders
US May non-Manufacturing ISM/Employment/New Orders/Prices
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am et;
w/e 05/29)
CDFI Symposium Webinar Series: Capitalization (2pm ct--Community Development)
Women on the Rise: Reimagining Equity in Boston Post-COVID-19 (webinar
4pm Boston FRB, rescheduled from March 19th)
OVERNIGHT into US Thurs. a.m. et:
Aussie April Trade Balance, Retail Sales
Japan 30-year JGB Auction. Foreign Bonds &
Stocks Purchased, Sold to Foreigners
Eurozone, France, Germany, Italy, Construction
PMI
UK May New Car Sales, Construction PMI
Eurozone April Retail Sales
BoE publishes "External business of
Monetary Financial Institutions operating in the UK-2020 Q1" (9:30)
BoE's Hauser web speech
@Bloomberg, "Seven Minutes in Spring: COVID-19, financial markets and the Bank of
England's Operations" (text published at 10:00)
ECB MPC Deposit & Lending Interest
Rate & QE Decision Statement
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Thurs,
June 04 |
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Challenger May US Job Cuts (7am et)
ECB Chief Lagarde post-Meeting Press Conference (14:30 cet)
ECB publishes Eurosystem staff macroeconomic projections for Euro area
(15:30 cet)
Canada Trade Balance
US weekly Jobless Claims/Change/Continuing Claims (8:30am et)
US Trade Balance
US Q1 (F) Productivity & Labor Costs (8:45am et)
Brazil Car Production & New Car Registrations
Mexico Fx Reserves
EIA weekly Natural Gas Report (10:30am et; w/e 05/29)
US Treasury Auctions 4-, & 8- week Bills (value not available at post)
OVERNIGHT into US Fri. a.m. et:
AiG May Services Index
UK GfK Consumer Confidence
Japan April Household Spending,
Fx Reserves
Singapore April Retail Sales
German April Factory Orders
Swiss Fx Reserves
UK Halifax House Price Index
Mexico Auto Production/Exports, Gross
Fixed Investment
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Friday, June 05 |
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US May Unemployment
Rate/Change/Wages/Participation Rate/Gov't & Mnftg Payrolls
Canada May Unemployment Rate/Change/Full-/Part-time/Participation/Wages
Canada Ivey May PMI
St Louis Fed Powerful Teaching, "Unleash the Science of Learning in the Economics
Classroom" (webinar
8:30am ct)
Baker-Hughes weekly US/North American OilTotal Rig Count (1pm; w/e 05/29)
US Consumer Credit (3pm et)
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Saturday, June 06 |
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WEEKS AHEAD: 06/09--10 FOMC
Meets
06/10 FOMC Chief Powell Press Conference post-Statement Release
06/16 BoJ MPC Meets
06/17 NY Fed kicks off Term Asset-Backed Securities Loan Facility
(TALF)
06/18 BoE MPC Meets
SNB (Swiss) MPC Meets
06/24 Chicago Fed's Evans speech
@Corridor Business Journal Mid-Year Review
06/25 Banco de Mexico MPC meets
1st TALF Loans Close
*FOMC 2020 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, Richard Clarida, Gov Bowman, (Senate confirmed
09/12/19), 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
2020: MN Fed's Kashkari, Dallas Fed's Kaplan, Philly Fed's Harker, Cleveland Fed's Mester.
Other Fed Presidents include: Atlanta Fed's 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 was
a voter until Feb. 2020, completing her predecessor's term (NY Fed CEO Wiliams). 2019
Hawks dissenting against 2019 rate cuts were K.C. Fed's George, Boston's
Rosengren, and St. Louis' Bullard but he wanted a bigger cut,
earlier, who was backed by Chicago's Evans.
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* HICP used in Europe, means Harmonized Index of Consumer Prices |
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