wall street in advance

November 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,   Nov 08     OVERNIGHT into US Mon. a.m. et:
        Japan Nov Reuters Tankan Index
        BoJ Summary of Opinions of Meeting 10/28--29
, Fx Reserves
        China Composite PMI
        Swiss Oct Unemployment Rate
        German Sept Trade Balance, Current Account
        Taiwan Oct Trade Balance
        Russia Oct Vehicle Sales, Fx Reserves
        Brazil BCB Focus Market Readout
        BoE's Breeden keynote on Climate Risk Regulation @RiskLive
        BoE Gov Bailey speaks @Coporation of London Green Horizon Summit
        Mexico Oct Auto Production/Exports, CPI
        ECB's Lagarde speaks @V-Green Horizon Summit (10:25 cet)
        ECB New euro area statistics on insurance corps, premiums, claims, expenses
        ECB New pension fund statistics
        ECB's Mersch fireside chat @Afore Consulting Webinar (13:00 cet)
        Canada Housing Starts
Monday, Nov 09 US Oct CPI/Core CPI
ISDA "Understanding the New LIBOR Fallbacks" (9am est w/NY Fed V.P.)
BoE's Haldane on "Economic impact of coronavirus & l-term implications for UK @Reform Think Tank webinar (14:00 bt)
US Whholesale Trade
ECB's Enria on Financial Statements @Peterson Institute for Int'l Economics V-event
US Treasury Auctions $54B 3-, & $51B 6-month Bills
US Treasury Auctions $30B reopened 119-day & $30B reopened 42-day Bills
Boston Fed Main Street Lending Program Updates/Q&A
US Treasury Auctions $54B 3-year Notes 
    OVERNIGHT into US Tues. a.m. et:

        New Zealand Oct Electronic Card Spending
        Japan Sept Current Account, Oct Bank Lending
        UK RICS House Price Balance, BRC Oct Retail Sales Monitor
        China Oct CPI/PPI
        Japan Oct Eco Watchers Survey
        France Q3 Unemployment Rate, Sept Industrial Production
        UK Aug Employment Change/Sept Unemployment Rate/Avg Earnings, Oct Claimant Count
        Italy Sept Industrial Production
        Eurozone Nov ZEW Economic Sentiment Index/Current Conditions/Expectations
        German Nov ZEW Economic Sentiment Index/Current Conditions/Expectations
        ECB Bulletin: Consumption patterns & inflation measurement issues during pandemic
        ECB Bulletin: Impact of COVID-19 on potential output in euro area
        ECB Bulletin: European financial integration during COVID-19 crisis
        South Africa Sept Manufacturing Production
Tuesday Nov 10 NFIB US Oct Business Optimism Index
BoE's Breeden
on Building Resilience Against Financial Risks of Climate Change @GARP (Global Ass'n of Risk Pros) 2020 Climate Risk Symposium (13:00 bt)
NY FRB Exec VP on Building Resilience Against FinRisks of Climate Change @GARP
Redbook weekly store sales snapshot
US Sept JOLTS (Job Openings/Quits)
WASDE Report
US Treasury Auctions $41B 10-year Notes
Fed V.Ch. Quarles
Testifies @US Senate Banking, Housing Cmte on Supervision & Regulation (2pm et)
Fed Gov Brainard speaks @Nat'l Congress of Am. Indians Annual V-Convention (5pmet)
    OVERNIGHT into US Wed. a.m. et:
        So. Korea Oct Unemployment Rate
        RBNZ (New Zealand) Interest Rate Decision Statement, then Press Conference
        Japan Oct Machine Tool Orders
        Sweden Financial Stabillity Report
        Mexico Sept Industrial Production
Wed.      Nov 11 US Veterans Day--Treasury Markets Closed/Equities Trade Regular Hours
FOMC Chief Powell, ECB's Lagarde, de Guindos, Panetta & Lane speak
@ECB online Forum on Central Banking
MBA weekly Mortgage Purchase/Refinance Applications
Russia Sept Trade Balance
    OVERNIGHT into US Thurs. a.m. et:
        BoJ Domestic & Foreign Bond & Stock Transactions with Gov't & Markets
        Japan Sept Machinery Orders, Oct PPI, Sept Tertiary Industry Index
        German Oct CPI/HICP
        UK Sept + Q3 GDP/Business Investment, Sept Trade Balance, Construction Orders/Output, Industrial + Manufacturing Production
        IEA Monthly Oil Market Report
        Eurozone Sept Industrial Production
        India Sept Industrial + Manufacturing Production, Oct CPI
        Russia Q3 GDP, Fx Reserves
        OPEC Monthly Report
        BoE Gov Bailey speaks @FT Global Conference (8:00 bt) 
      
Thurs.    Nov 12 US weekly Initial Jobless Claims/Continuing Claims
US Oct CPI/Core CPI

Canada New House Price Index
Fed's Powell, BoE's Bailey & ECB's Lagarde
panelists @ECB Central Banking V-Forum
UK NIESR Oct GDP Tracker
Little Rock Regional Economic Briefing by St Louis FRB (8am ct)
Breakfast w/the Fed: Labor Markets & Gov't Policies during the pandemic (8:30am et)
S.F. Fed's Valuing the Global Mortality Consequences of Climate Change (11am et)
ECB's Mersch & Schnabel speak @ECB Forum on Central Banking
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am; w/e 11/06)
US Treasury Auctions 4-, & 8-week Bills (values not announced at post)
US Treasury Auctions $27B 30-year Bonds
FRB Chicago Detroit Community Forum:Building a Strong More Equitable Future (1pm)
NY FRB Pres Williams moderates V-conversation with Morgan Stanley's CEO Gorman @Economic Club of NY (2pm est)
Banco de Mexico Interest Rate Decision
US Oct Budget Statement
    OVERNIGHT into US Fri. a.m. et:

        New Zealand Oct Business PMI, Food Inflation
        China Oct Vehicle Sales, Foreign Direct Investment
        Japan Oct PPI
        German Oct Wholesale Prices
        Swiss Oct Producer & Import Prices
        France & Spain Oct CPI/HCIP
        Hong Kong Q3 GDP
        China Oct New Yuan Loans, Total Social Financing
        Eurozone Q3 GDP
(revised), Sept Trade Balance, Unemployment Rate/Change
Friday,   Nov 13 NY Fed CEO Williams keynote interview w/G. Tett @FT Global Boardroom (7am est)
US Oct PPI/Core PPI--Final Demand
MN FRB Regional Economic Conditions: Ag & Construction Sectors (9am ct)
Philly Fed's Harker live briefing w/Bloomberg "Strengthening Resiliencey: Investing in the American Worker (10:15am et)
U.M. Nov Prelim Consumer Sentiment/Expectations
BoE's Teneyro keynotes on "Dollar Dominance and the Impact of Monetary Policy" @LACEA 2020 Annual Meeting (14:00 gmt)
EIA weekly Natural Gas Report
Baker-Hughes weekly US/No. Am. Total/Oil Rig Count (1pm et;  w/e  11/06)
BoE Gov Bailey "In conversation with Axel Weber" @UBS Annual Conference (16:00)
Sat.        Nov 14 Separate Holidays in Singapore & India
UK Labour Productivity
Sun.        Nov 15     OVERNIGHT into US Mon. a.m. et:
        Japan Q3 GDP Rate/CapEx/Prices/Private Consumption
        China NBS Press Conference on: Oct Unemployment Rate, House Price Index, Fixed Asset Investment, Industrial Production, Retail Sales, FDI

        Thailand Q3 GDP
         BoJ's Masai V-speech to business leaders in Eastern Hokkado
         Japan Sept Industrial Production/Capacity Utilization
         Aussie's Gov Lowe speaks

         ECB's de Guindos V-speech @Opening of the 23rd EuroFinance Week (Frankfurt)
         German Bundesbank Monthly Report
         UK Rightmove Oct House Price Index
         ECB's Lagarde opening Plenary @WEF 1st Pioneers of Change V-Forum (14:00)
Mon.       Nov 16 NY Empire State Nov Manufacturing Index
India Holiday
Canada Sept Manufacturing Sales
Philly Fed 4Q20 Survey of Professional Forecasters (10am et)
BoE's Tenreyro webinar BoE Agenda for Research: Monetary Toolkit (sub-zero rates?)
US Treasury Auctions $54B 3-, & $51B 6-month Bills
ECB's Mersch chat @Online OMFIF V-event on 'Euro Growing Pains' (14:30 cet)
BoE's Haskel panelist @All-Parliamentary Grp on 'A.I. Technologies in post-COVID UK Recovery' (17:30 bt)
Fed's Daly speaks (10:45 pt) @FRB San Francisco/U.of Michigan 'Central Bank of the Future: Building a FinSystem for a More Inclusive Economy' V-Conference   (thru 18th)
Fed's Clarida on US Monetary Policy @Brookings Institution (livestream @2pm et)
7th Summit on Regional Competitiveness--New Decade: Disruption, Driving....(thru 20th)
    OVERNIGHT into US Tues. a.m. et:
        RBA's Kent & Debelle Speak, RBA Meeting Minutes Released
, Offshore Holdings
        Singapore non-Oil Oct Trade Balance
        Hong Kong Oct Unemployment Rate
        Italy Sept Trade Balance
        ECB Monthly Financial Stability Review
        ECB's af Jochnick 'in conversation' @7th IIF European Bankng Union Colloquim
        ECB's de Guindos speaks @V-EU-South American Forum on Financial Regulation
Tuesday, Nov 17 US Oct Retail Sales
Canada Oct Housing Starts, Building Permits, Sept Wholesale Sales
US Oct Import/Export Prices
Redbook weekly store sales snapshot
BoE Gov Bailey @TheCityUK's National Conference 2020 (14:00)
Nouriel Roubini speaks @IMF 8th Statistical V-Forum: Measuring the Economics of the  Pandemic (thru 20th)
US Oct Industrial + Manufacturing Production/Capacity Utilization
US Sept Business Inventories
NY Times DealBook
V-Conference w/Masayoshi Son, Dr. A. Fauci, J. Dimon, Bill & Melinda Gates, Sen. Warren, R. Porat and more moderated by Andrew Ross Sorkin
NAHB Nov Housing Market Index
US Treasury Auctions $30B reopened 119-day & $30B reopened 42-day Bills
Dallas & K.C. Fed Energy Annual--Navigating the Changing Energy Landscape (thru 20th)
ECB's Lagarde online Q&A @Bloomberg New Economy V-Forum (17:00 cet)
Federal Reserve Exploring Careers in Economics
Feds Bostic, Rosengren, Daly speak @Racism and the Economy: Focus on Employment
Fed's Williams V-conversation w/Mark Zandi @Eco Club of NY (2pm est)
K.C. Fed's "Banking & the Economy: The Policy Recipe for Recovery" (2pm)
US Sept TICS
    OVERNIGHT into US Wed. a.m. et:
        RBA's Lowe speaks

        Japan Oct Trade Balance
        Aussie Oct HIA New Home Sales, Q3 Wage Price Index
        Eurozone Oct New Car Registrations
        UK Oct CPI/Core CPI, PPI/Core PPI, Retail Price Index, New Car Registrations
        Thailand Interest Rate Decision
        ECB non-Monetary Policy Meeting
       ECB's Lagarde statement @Cmte on Economic +Monetary Affairs @EU Parliament
        ECB's Enria @7th V-Conference on the IIF/Ctr for FinStudies Bankng Union
        Eurozone Oct CPI HICP
        ECB's McCaul panelist @7th IIF Online Banking Union Forum (11:30 cet)
Wed.       Nov 18 MBA weekly Mortgage Purchase/Refinance Applications (w/e 11/13)
US Oct Housing Starts/Building Permits
Bk of Canada's Wilkins speaks
Canada CPI/Core CPI
US Treasury Auctions $27B 20-year Bonds
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (w/e 11/13; 10:30am et)
NY Fed's Williams speaks @SABEW-20 Fall Focus on Future V-Conference (12:15pm)
BoE Gov Bailey fireside chat @Carnegie Institute for World Peace (16:30 bt)
Fed's Kaplan Global Perspective w/former TX House Rep Joe Strauss w/PBS's KERA (5pm)
    OVERNIGHT into US Thurs. a.m. et:
        Aussie Oct Unemployment Report/Change/Parto & Full-Time/Participation
        Swiss Oct Trade Balance, Q3 Industrial Production
        Indonesia Deposit/Lending/Interest Rate Decision
        APEC  Asia-Pacific Economic Cooperation Leaders V-Meeting
        ECB Pres Lagarde
statement as Chair of ESRB @EU Parliament Cmgte on ECON
        EU Council Video Conference
        Philippines Interest Rate Decision
        Eurozone Sept Current Account
        Spain Sept Trade Balance
        UK CBI Nov Industrial Order Trends
        South Africa Nov. Interest Rate & Prime Overdraft Rate Decision
Thurs.     Nov 19 US weekly Initial Jobless Claims/Continuing Claims
ECB's Lagarde
in conversation w/Editor-in-Chief of National Geographic to close 2020 Women's Forum Global V-Meeting (16:15 cet)
Fed's Kaplan (8:25am ct) + Fed's George (12:30pm ct) speak @Dallas + K.C. Feds Joint "Navigating the Changing Energy Landscape" V-Annual Energy Event
Philly Fed Nov Manufacturing Index
NAR Oct Existing home Sales
EIA weekly Natural Gas Report
K.C. Fed Nov. Manufacturing Index
Fed's Mester (8:30am + 12:35pm) & ECB's Schnabel (11am) speak @Cleveland FRB Financial Stability Conference: Stress, Contagion, Transmission (thru 20th)
US Treasury Auctions 4-, & 8-week Bills (values not announced at post)
Cato Institute 38th Annual Monetary Policy V-Conf: Digital Currency Risk or Promise?
FRB Consumer Payments Behavior in a Health Crisis: What Happened to Cash? (1pm)
US Treasury Auctions $12B 10-year TIPS
    OVERNIGHT into US Fri. a.m. et:
        Japan Oct CPI/Core CPI

        Singapore Q3 GDP
        UK GfK Nov Consumer Confidence
        Aussie Oct Retail Sales
        Japan Jibon Bank Nov Manufacturing/Services/Composite PMI
        People's Bk of China Nov Prime Loan Rate + House Pricess
        New Zealand Oct Credit Card Spending
        German Oct PPI
        UK Oct Public Sector Net Borrowing, Retail Sales
        Italy Sept Industrial Orders/Sales 
        India Fx Reserves
        Bundesbank Pres. Weidmann speaks @Frankfurt European Bankng-EBC V-Congress
        Canada Sept Retail Sales, Oct New Housing Price Index
        Russia Oct GDP, Unemployment Rate, Wage Growth, Retail Sales
        ECB's Lagarde, CEOs of BNP Paribas, DB, HSBC speak @Frankfurt European Banking V-Congress (9:15 cet  thru 20th)
        ECB's de Guindos panelist @Finance V-Forum "Outlook for Economy & Finance" via European House   (10:45 cet)
        Brazil Oct Federal Tax Revenue
Friday,    Nov 20 G20 Summit (Ryihad Saudi Arabia thru 22nd)
Breakfast w/(K.C.) Fed Economic Update (8am ct)
College Fed Challenge   (Team competition for college students)
Baker-Huhges weekly No. Am./US Total/Oil Rig Count (1pm et; w/e 11/13)
Sat.,        Nov 21
                                                     
       WEEKS AHEAD:
  11/23   S.F. FRB's Daly in conversation w/Magic Johnson, Mayor K. Bottoms, +more
                                        11/30    OPEC 180th Meeting
                                         12/01    Chicago FRB Midwest Ag & Shifting Consumer Presferences

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