wall street in advance

April 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,    Apr 05     OVERNIGHT into US Mon. a.m. et:
       New Zealand ANZ Mar Comodity Prices, Job Ads, M1 Inflation Gauge
         China Mar Fx Reserves
         India Mar Nikkei Services PMI
         German Feb Factory Orders, Construction PMI
         Swiss KOF Leading Indicators
         UK Mar GfK Consumer Confidence
         Eurozone Sentix April Consumer/Investor/Industrial/Confidence & Inflation Expectations
       Russia Mar CPI

       Brazil Mar CPI, Auto Production & Sales
       OPEC+ RESCXHEDULED Teleconference Meeting
Monday,   Apr 06 BoC (Canada) Q1 Overall Business Outlook Survey, Outlook for Future Sales
Conference Board's March Consumer Trends Index
US Treasury Auctions $54B 3-. & $45B 6-month Bills (11am et)
Stress Tests Due @ Federal Reserve from Large Banks (Ironic considering   worse conditions developing)
FRB Bd of Governors/FRB NY Canceled "Developments in Empirical Microeconomics Conference

US Treasury Auctions $60B reopened 52-week Bills maturing May 21, 2020 (11am et)
US Treasury Auctions $40B 3-year Notes (1pm et)
   OVERNIGHT into US Tues. a.m. et:
      Aussie AiG Mar Performance of Service Index, Feb Trade Balance
      South Korea Current Account
     Japan Feb Labor Cash Earnings, Household Spending, Mar Fx Reserves
     RBA (Aussie) MPC Cash Interest Rate Target/Statement (04/07 local time)
     German Feb Industrial Production
     French Feb Trade Balance/Current Account, Maar Fx Reserves
     UK 4Q19 Unit Labor Costs/Output p/hour/Labour Productivity, Halifax HPI
     Italian Feb Retail Sales
     Eurogroup Meetings ECB Chief Lagarde videoconferencing in
     Mexican Mar CPI
Tuesday,  Apr 07 Redbook weekly store sales snapshot
US Feb JOLTS (Job Openings didn’t’ collapse until March)
Canada Ivey Mar PMI
US Treasury Auctions $40B reopened 6-month Bills maturing 8/6/2020 (11am et)
US Treasury Auctions $25B reopened 10-year Notes maturing 02/15/2030
US Feb Consumer Credit (3pm et)
    OVERNIGHT into US Wed. a.m. et:
       Japan Feb Core Machinery Orders, Trade Balance, BoP Current Account
        RBA (Aussie) Chart Pack Release
        Aussie Feb Home + Investor Loan Values
       Japan Mar Bankruptcies, Eco Watchers Survey of Current Conditions/Outlook
        New Zealand REINZ Mar House Sales
        Swiss Mar Unemployment Rate
        Mexican Feb Industrial Production (6am et)

Wed.        Apr 08 MBA weekly Mortgage Purchase/Refinance Applications  (7am et)
Canada Mar Housing Starts, Feb Building Permits
IMF-World Bank VIRTUAL Meeting
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (w/e/04/03; 10:30am et)
US Treasury Auctions $17B reopened 30-year Bonds due 02/15/2050
FOMC March 15th (Sunday) Extraordinary Meeting Minutes (2pm et)
    OVERNIGHT into US Thurs. a.m. et:
       UK RICS Mar House Price Balance
       South Korea MPC April Interest Rate Decision
       Japan Mar Household Confidence
       RBA (Aussie) Financial Stability Review
       Swiss Q1 Real Estate Index of Family Honmes
       China Mar New Yuan Loans/Aggregate Financing, Foreign Direct Investment,
Money Supply
       German Feb Trade Balance/Current Account
       Japan (P) Mar Machine Tool Orders
       Italian Feb Industrial Production
       UK Feb GDP, Construction Output, Industrial + Mnftg Production, Feb Trade Balance, Construction Output, Index of Services
      South Africa Feb Manufacturing + Mining  Production/Gold Production
       ECB Account of March 11--12 Monetary Policy Meeting
       Brazil Mar CPI, IPCA Inflation Index SA

Thurs,      Apr 09 US weekly Jobless Claims/Continuing Claims
US Mar PPI –Final Demand
(8:30am et)
OPEC+ Teleconference Rescheduled from 04/06
Canada Mar Unemployment Rate/Change/Participation/Full-/Part-time/Wages
UK NIESR Mar GDP Estimate
  (9am et)
U.Michigan (P) Apr Consumer Sentiment (10am et)
US Feb Wholesale Trade/Inventories
EIA weekly Natural Gas Report (10:30am et)
US Treasury Auctions 4-, & 8-week Bills (value not announced at post)
WASDE Report (noon et)
Baker-Hughes weekly Oil/Nat Gas US/No. Am. Rig Count (w/e 04/03 1pm et)
US Treasury/Bond Markets close 2pm
Aggregate Reserves of US Depository Institutions (first since Supplemental Reserves were untied)
    OVERNIGHT into US Fri. a.m. et:
       Japan Mar Lending, Domestic Corporate Goods Price Index (PPI)
       China Mar CPI + PPI
       India Bank Loan & Deposit Growth, Fx Resrves
Friday,     Apr 10 Good Friday Holiday in most of the Western World
ALL US Equity & Bond Markets CLOSED
US Mar CPI/Core CPI

US Mar Avg Hourly Earnings/Real Avg Weekly Earnings
Assets & Liabilities of Commercial Banks in US (4:15pm)
Saturday, Apr 11
Sunday,   Apr 12 EASTER
    OVERNIGHJT into US Mon. a.m. et:

        India Feb Industrial Production, Manufacturing Output, Mar CPI
        South Korea Mar Import/Export Price Index
        New Zealand Mar House Prices, Electronic Card Retail Sales, Feb Migration
        Singapore Q1 GDP
        China Mar New Yuan Loans, Aggregate Financing, Foreign Direct Investment
        Swiss Q1 Real Estate Index of Homes, Mar Trade Balance
Monday,  Apr 13 Most of Western Markets Closed for Easter Monday
US Treasury Auctions $57B 3-, & $48B 6-month Bills  (11:30am et)
US Treasury Auctions $35B reopened 3-month Bills Mature 6/23/2020
    OVERNIGHT into US Tues. a.m. et:
        Aussie Mar NAB Business Confidence/Conditions/Outlook
        India Mar WPI Food, fuel, Inflation, Manufacturing Price Hikes
        IMF April 2020 World Economic Outlook
        G7 Teleconference includes ECB's Lagarde & Panetta
Tuesday   Apr 14 NFIB Small Business Optimism Index
US Mar Import/Export Price Index
St. Louis Fed's Bullard Covid-19 teleconference via Zoom (cannot confirm)
US Treasury Auctions $65B reopened 3-month Bills Maturing 05/18/2020 (1pm et)
US Treasury Auctions $25B reopened 6-month Bills Maturing 6/13/2020 (1pm et)
Atlanta Fed's Bostic speaks @AlabamaWorks  (3pm et)
    OVERNIGHT into US Wed. a.m. et:
        Aussie Westpac April Consumer Confidence
        South Korea Mar Trade Balance
        French, Italian, Spanish CPI/HICP
        South Africa Feb Retail Sales
       G20 FinMins & Central Bank Governors meet via teleconference  (noon cet)
Wed.        Apr 15 MBA weekly Mortgage/Refinance Applications (w/e 04/10; 7am et)
US Mar (adv) Retail Sales  (8:30am et)
NY FRB/Empire State April Manufacturing Survey
Canada Mar Existing Home Sales
US Mar Industrial & Manufacturing Production/Capacity Utilization
India Trade Balance
Chicago FRB CANCELLED 13th Risk Conference "A World in Motion..."
BoC (Canada) MPC Interest Rate Decision/Statement/Monetary Policy Report
BoC Chief Poloz Press Conference
US Feb Business Inventories
NAHB Apr Housing Market Index
UK Treasury Select Cmte-Oral Evidence--Economic impact of coronavirus (1530 gmt)
EIA weekly Petroleum/Gasoline/Refineries Report
(10:30am et)
Fed's Bostic teleconference to Birmingham Clubs (1pm et)
Fed Releases Beige Book (2pm et)
US Feb TICS (4pm et)
    OVERNIGHT into US Thurs. a.m. et:
        UK BRC Mar Like for Like Sales
        Aussie Mar Unemployment Rate/Change/Participation/Full- +Part-time
        Aussie RBA Mar Fx Transactions/Reserves
        China Mar New Home Prices
        Japan April Tankan Survey
        UK Sovereign Debt to be Rated by Moody's

        German Mar CPI/HICP, Wholesale Price Index
        Swiss Mar Producer & Import Prices
        German Apri IFO Business Index
        BoE Bank Liabilities/Credit Conditions Survey

        Eurozone Feb Industrial Production
Thurs.      Apr 16 US weekly Initial Claims for Unemployment/Continuing Claims (8:30am et)
US Mar Housing Starts/Building Permits
Canada Feb Manufacturing Sales
IMF/World Bank Jt Spring Teleconference
Philly FRB Business Manufacturing Index/Conditions/Outlook/Employment/Orders/Prices
ADP Canada Nonfarm Employment Change
Philly FRB CANCELED Macro Conference
BoE's Teneyro speaks on "Monetary Policy During Pandemics: Inflation before, during, and after COVID" (14:30 gmt)
EIA weekly Natural Gas Report (10:30am et; w/e 04/10)
US Treasury Auctions 4-, & 8-week Bills (11:30am et; value not announced at post)
    OVERNIGHT into US Fri. a.m. et:
        China Q1 GDP, Mar Fixed Assets, Industrial Production,
Property Investment. Retail Sales, Unemployment Rate, Nat'l Statistics Bureau Press Conference
         South Korea Mar Unemployment Rate (COVID-19 lockdowns)
         Singapore Mar Trade Balance
         Japan Feb (F) Industrial Production/Capacity Utilization, Tertiray Industry Index, Mar Dept Store Sales
         EU 25 Mar New Car Registrations, Mar CPI/HICP, Construction Output
         Italian Feb Trade Balance
Friday,     Apr 17 Canada Feb Int'l Securities Transactions
Baker-Hughes weekly Oil/Gas US/No. Am. Rig Count (1pm et; w/e 04/10)
Saturday, Apr 18 
                                                     
          WEEKS AHEAD:
04/27--28      BoJ MPC Meets
                                       04/28--29      FOMC Meets
                                             04/30       ECB MPC Meets
                                             05/07       BoE MPC Meets
                                      05/14--15       Chicago FRB Workshop on Monetary & Financial History
                                             05/21       Cleveland FRB "Inflation: Drivers & Dynamics" Conference

*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.
               * HICP used in Europe, means Harmonized Index of Consumer Prices