wall street in advance

September 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:
Sun.        Sept 20 Rosh Hashana ends at Sundown (for Conservatives & Orthodox)
    OVERNIGHT into US Mon. a.m. et:
        PBoC sets 1-, & 5-year Prime Loan Rates
        New Zealand Credit & Electronic Card Spendng
        UK Rightmove House Price Index
        ECB Economic Bulletin--China's path to normalisation in the aftermath of the COVID-19 pandemic (10:00cet but why the ECB is discussing China a mystery)
        Mexican Q2 Private Spending & Aggregate Demand
        ECB MPC Fernandez-Bollo on Banking Consolidation @Copenhagen Biz School
        ECB Chief Lagarde speaks online @Franco German Parliamentary Assembly
       
Mon.        Sept 21 Chicago Fed Aug National Activity Index
Brazil BCB Focus Readout & Aug Federal Tax Revenue
Canada Aug New Housing  Price Index
Russia GDP
KC Fed Banking & Economy: A Forum for Minorities in Banking virtual Conf (thru 25th)
Federal Reserve releases US Financial Accounts--household & nonprofits
US Treasury Auctions $54B 3-, & $51B 6-month Bills
FOMC Gov Brainard
Community Reinvestment Act speech @Urban Institute (noon)
"Global Perspectives wtih Richard Fisher" CEO of Dallas Fed (5pm Live webcast)
NY Fed CEO Williams moderated Discussion on Examinng the Financial Burdens of Inequality & Striving for an Equitable COVID-19 Recovery @Congressional Black Caucus Foundation (webinar 6pm edt)
Japan Respect for Aged Holiday
    OVERNIGHT into US Tues. a.m. et:
        Riksbank (Sweden) Interest Rate Decision,
Monetary Policy  Report
        Hong Kong Q2 Current Account (When will China consolidate?)
        RBA (Aussie) Ass't Gov Debelle speaks
        UK CBI Sept Industrial Trends Orders
        BoE Gov Bailey speaks to British Chamber of Commerce webinar (8:30 bst)
        BoE's Woos panellist [sic] @10th Int'l Financial Services virtual Forum "UK financial services reinvented" (9:20 bst)
        BoE's Exec Dir, Insurance speech, "Ask not what the economy night doe to insurance, ask whagt insurance can do for the economy @Bk of America 25th European Financials CEO Conference (11:30 bst)
        Brazil BCB Coupon Meeting Minutes
        ECB's Panetta speaks @Money Market Contact Group (14:00 cet)
        ECB's Lane Chairs policy panel @ECB/CompNet online "Productivity, trade and financial flows in the face of a pandemic: a European Perspective" (16:00 cet)
        Hungary Deposit & Interest Rate Decision
Tuesday, Sept 22 Autumnal Equinox (Fall Begins--also a Japanese Holiday)
US Redbook weekly store sales snapshot
NAR Aug Existing Home Sales
Richmond Fed Sept Manufacturing Index
FOMC Chief Powell testifies @US House FinServices Cmte on CARES Act (10:30am)
Minneapolis Fed Regional Economic Conditions: Professional Services (9am ct)
75th United Nations General Assembly (Hybrid--Live & Virtual)
US Treasury Auctions $30B reopened 119-, & $30B reopened 42-day Bills
US Treasury Auctions $52B 2-year Notes

Boston FRB webinar For Lenders: Main Street Lending Program-Recent Developments & Q&A (2pm et)
    OVERNIGHT into US Wed. a.m. et:
        Aussie CommBank Sept Mnftg/Services/Composite Flash PMI
         Indonesia Elections
         Japan Jibun Bank Sept Mnftg/Services/Composite PMI
         RBNZ (New Zealand) Interest Rate Decision
         Japan July All Industry Activity Index
         Eurozone & German GfK Oct Consumer Confidence
         Spain Q2 GDP
         Thailand Interest Rate Decision
         EU, France, Germany, Spain Markit flash Sept Mnftg/Services/Composite PMI
         Taiwan Aug Industrial Production, Retail Sales
         Swiss Sept ZEW Conditions/Expectations Index
         UK Markit/CIPS Sept Mnftg/Services/Composite flash PMI
         Mexico July Retail Sales
Wed.       Sept 23 MBA US Mortgage Purchase/Refinance Applications
Brazil Aug Current Account, Foreign Direct Investment
Czech Nat'l Bank Interest Rate Decision
FHFA July House Price Index
Minneapolis Fed's Regional Economic Conditions: Professional Services (9am ct)
US Markit flash Manufacturing/Services/Composite PMI
FOMC Chief Powell Testifies on Coronavirus Response @US House Virus Crisis subcommittee  (10am et)
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am et)
US Treasury Auctions $22B reopened 2-year FRN  (11am et)
US Treasury Auctions $53B 5-year Note (1pm et)
FRB V. Chair Quarles' Economic Outlook @Institute of Int'l Bankers Annual Mtg (2pm)
Dialogue with the Fed: Housing Insecurity in the Time of COVID-19 (2pm ct)
    OVERNIGHT into U.S. Thurs. a.m. et:
        New Zealand Aug Trade Balance
        BoJ MPC July 14--15th Meeting Minutes, Transactions w/Gov't & Markets
        SNB (Swiss) Interest Rate Decision, Economic Assessment
        ECB General Council Meeting & Economic Bulletin:fiscal implications of the EU recovery package + Viral effects of foreign trade and supply networks in the euro area
        German IFO Sept Business Climate: Current Conditions.Outlook
        ECB's Fernandez-Bollo speaks @Ass'n for Financial Markets in Europe's Prudential Regulation Board Meeting
        Norges (Norway) Bank Interest Rate Decision
        Hong Kong Aug Trade Balance
        Italian July Trade Balance
        UK Sept CBI Distributive Trades
        ECB's Fernancez-Bollo speaks/panelist @Salzburg Global Financial Forum
Thurs.    Sept 24 BoE Gov Bailey speaks @North East England Chamber of Commerce President's Club Biz Leaders' webinar (15:00 bst)
US weekly Initial Jobless Claims/Continuing Claims (8:30am et)
FOMC Chair Powell & Treas Sec'y Mnuchin testify on CARES Act
@US Senate Banking,Housing & Urban Affairs (10am et)
US Aug New Home Sales
EIA weekly Natural Gas Report
NY Fed Economic Inequality Series: Impact of COVID on Communities of Color...
K.C. Fed Sept Manufacturing Index
US Treasury Auctions 4-, & 8-week Bills (values not announced at post)
US Treasury Auctions $50B 7-year Notes
Banco de Mexico (Central Bank) Interest Rate Decision
Atlanta Fed's Bostic & Citi V.Chair McGuire speak @Fed's Banking & Economy: Forum for Minorities in Bankng virtual Conference (thru 25th) (1pm)
Fed's Williams welcome remarks @NY Fed webinar Impacts of COVID-19 on Communities of Color & Policy Recommendations for an Equitable Economic Recovery (2pm edt)
    OVERNIGHT into US Fri. a.m. et:
        UK Sept GfK Consumer Confidence, Aug Public Sector Net Borrowing
        Japan Corporate Services Price Index
        Eurozone Aug Loans to Companies & Households, M3 Money Supply
        UK Aug Auto Production, Aug Public Sector & Household Borrowing
        BoE Quarterly Bulletin
        France Aug Unemployment Rate/Claims/Job Seekers
        Mexico July Economic Activity
       
Friday,   Sept 25 US Aug Durable Goods/Capital Goods Orders & Shipments
Fed's Williams
on Community Development: Response & Resiliency w/Community Development Nonrrofit Leaders(9am edt) 
Canada July Budget Balance
Chico Fed's Project Hometown: Health Care & Jobs During the Pandemic: A Closer Look at Chicago's Neighborhoods (10am ct)
Baker-Hughes weekly US/No. Am. Oil/Total Rig Count (w/e 09/18)
Fed's Williams video speech on Young Adult Perspectives on COVID-19 Job Market via Warner School of Education, Univ of Rochester (3:20pm edt)
Colombia Interest Rate Decision
    OVERNIGHT into US Sat. a.m. et
        China Aug Industrial Profits

Sat.,        Sept 26 S.F. Fed's Daly & Gov Clarida keynote "A Hot Economy: Sustainability & Trade-offs"
Swiss Referendum on Limitation Initiative
Sunday,  Sept 27 Yom Kippur starts at Sundown
    OVERNIGHT into US Mon. a.m. et:
        Indonesia Aug Motorbike Sales
        ECB MPC Schnabel panelist @German Economic Ass'n (11:45 cet)
        Mexico Aug Unemployment Rate, Trade Balance
        Brazil Aug Bank Lending, BCB Focus Market Readout, Federal Tax Revenue
Monday, Sept 28 ECB Pres. Lagarde opens ECON Cmte of EU Parliament (Brussels 15:45 cet)
Dallas Fed Sept Manufacturing Index
Philly Fed/OMFIF Jt Economics of Artificial Intelligence & Machine Learning (thru 29th)
US Treasury Auctions $54B 3-, & $51B 6-month Bills
Yom Kippur--the Jewish Day of Atonement-ends at Sundown
    OVERNIGHT into US Tues. a.m. et
:
         So. Korea Aug Industrial & Mnftg Production, Retail Sales, Construction Output
         Japan Tokyo CPI/Core CPI
         BoJ Summary of Opinions
         BoE Aug Consumer Credit,
Mortgage Approvals/Lending
         EU Sept Consumer/Industrial/Economic/Services Sentiment
         Bundesbank's Mauderer speaks
         EU, German, Spanish Sept CPI/HICP
Tuesday Sept 29 Redbook weekly US store sales snapshot
US Aug Trade Balance
US Aug Wholesale Inventories
S&P/Case Shiller July Home Price Index
Fed's Williams,
SEC, CFTC speak @2020 US Treasury Market Conference (9am)
Fed's Harker speaks @OMFIF/Philly Fed Forum: Economics of AI & ML (9:30am)
Conference Board Sept Consumer Confidence
Fed V.Ch. Clarida on "Future Considerations for Treasury Market Resilience" @US Treas. Market virtual Conference (11:40am et)
2nd NY Fed Research Conf. on FinTech (thru 10/01)
US Treasury Auctions $30B reopened 119-day & $30B 42-day Bills
Fed V.Ch. Quarles on Financial Regulation
@Harvard Law & Program on Int'l Financial Systems: streamed Conversation on FinRegulation (1pm et)
Fed's Williams fireside chat @Fisher Ctr R,E. & Urban Economics Mtg Series (1pm)
Fed V.Ch Quarles webinar on "Financial Stability"  @Ctr for Financial Policy, Univ. of MD (3pm et)
Brazil Aug Payrolls
Pres Trump & V.Pres Biden debate moderated by FOX's Chris Wallace
    OVERNIGHT into US Wed. a.m. et:

         Japan Aug Industrial Production , Retail Sales
         New Zealand Aug Building Permits, ANZ Sept Business Confidence
         China NBS Sept Manufacturing PMI
         Aussie Aug Building Permits, Private Sector Credit
         China Caixin Sept Manufacturing PMI
         Japan Aug Housing Starts, Construction Orders
         German Aug Unemployment Rate, Retail Sales, Import Prices, Sept Unemployment Change
         UK Q2 (F) GDP/Biz Investment, Current Account, Sept Nationwide House Prices
         Hong Kong Aug Retail Sales
         ECB Pres Lagarde speaks to The ECB and its Watchers XXI Conference (9:20cet)
         BoE's Haldane keynotes Cheshire & Warrington LEP Economic Summit/AGM
         ECB MPC Mersch fireside videochat @9th Int'l Forum "NPL Meeting" of The European House (11:45 cet)
Wed.      Sept 30 MBA weekly Mortgage Purchase/Refinance Applications
ECB MPC Fernandez-Bollo roundtable on AML @Copenhagen Biz School (16:00 cet)
ECB MPC Lane at ECB and its Watchers XXI Conference (Frankfurt 18:00 cet)
Brazil July Unemployment Rate, Nat'l Budget Balance
ADP Sept Private Payroll Employment Change
US Q2 GDP
/Biz Investment/Household Savings/PCE
US Q2 Corporate Profts
SNB (Swiss) Quarterly Bulletin
Chicago Fed Sept PMI
US Aug Pending Home Sales
EIA wkly Petroleum/Gasoline/Dstillates/Refineries Report
(10:30am; hurricane impact)
Fed When? FedNow! Update on development of the Fed's new landmark instant payment service (K.C. Fed noon)
Comic Books in the Classroom: NY Fed's Educational Comic Bk Series
Fed Gov Bowman on "Community Banks Rise to the Challenge" (1:40pm et) @St Louis Fed Community Banking Research virtual Conference (thru 10/01)
Mexico Aug Fiscal Balance
Dallas Fed's Kaplan discusses economic issues with James B. Milliken, Chancellor of U of TX System (5pm live stream)
    OVERNIGHT into US Thurs. a.m. et:
       Chinese Golden Week Oct. 1st--7th
       New Zealand Q2 Capacity Utilization
       Aussie AiGroup Sept Mnftg Index, Markit Sept Mnftg PMI
       Japan Q3 Tankan Index, All-Industry Capex, Stock & Bond Transactions
       So. Korea Sept Trade Balance
       Japan Jibun Bank Sept Manufacturing PMI
       Singapore Q3 URA Property Index
       Russia Markit Sept Manufacturing PMI
       India RBI Interst Rate Decision/Cash Reserve Ratio, Markit Sept Mnftg PMI
       Swiss Aug Retail Sales, Sept CPI, procure.ch Sept Manufacturing PMI
       EU, France, German, Italy Markit Sept Manufacturing PMI
       European Council Special Meeting
       Italy Aug Unemployment Rate

       UK CIPS/Markit Sept Mnftg PMI
       ECB MPC Fernandez-Bollo streamed to Credit Agricole Corporate & Invesgtmengt Bank event (9:40 cet)
       BoE Monthly Decision Maker Panel Sept Data (9:30 Bst)
       Eurozone Aug Unemployment Rate, PPI
       BoE's Haldane
keynote interview "The Future of Shareholder Primacy" @FT Global Moral Money virtual Summit  (11:30 Bst)
       BoE's Breeden keynote Responsible Asset Owners Global virtual Symp. (12:15 Bst)
       ECB MPC Enria online speech @EBF-High Level Public Dialogue "European Banking Beyond the Pandemic" (15:05 cet)
     
Thurs.     Oct 01 US Sept Challenger Job-Cuts
US weekly Initial Jobless Claims/Continuing Claims
US Federal Government Fiscal Year Begins
ECB's Lane
videokeynotes @Jt CEBRA/CEPR Int'l Macro Conf. (Sweden 17:45 cet)
US Aug Personal Income/Spending/Savings/PCE/Core PCE
Markit US Sept Manufcturing PMI
US Sept ISM Manufacturing Index/Employment/Prices Paid/New Orders
Mexico Markit Sept Manufacturing PMI
EIA weekly Natural Gas Report (10:30am et; hurricane impact)
Fed's Williams Conversation w/Merck (MRK) CEO Kenneth Frazier for Eco Club of NY
US Treasury Auctions 4-, & 8-week Bills (values not named at post)
Fed's Williams Welcone remarks to 2nd NY Fed Bk Conference on FinTech (11am)
Fed Gov Bowman livestream on "The Important Role of Community Banks in Ensuring Equitable Mortgage Credit Access: @Montana State Univ College of Biz & Entrepreneurship
S.F. Fed "Investing in the Future of Child Care:Supporting Small Business Providers" (noon pt)
    OVERNIGHT into US Fri. a.m. et:
        Japan Aug Unemployment Rate/Change
, Jobs/Applications Ratio
        Ward's Sept US Vehicle Sales
        Aussie Aug Retail Sales
        Spain Sept Unemployment Rate/Change
        Eurozone Sept CPI/Core CPI
        Brazil Aug Industrial Production
        ECB MPC de Guindos video keynotes Foro La Toja-Vinculo Atlantico "La respuesta de Europa" (12:00 cet)
Friday,     Oct 02 US Sept Unemployment Rate/Change/Wages/Hrs Worked/Participation/Mnftg/Gov't
Fed's Harker speaks Inclusive Workforce Recovery @New Kind of Back to Work: Talent, Recovry, and the future of Greater Philaelphia w/Q&A (9am et)
ISM Sept NY Index
US Aug Factory Orders
U.M. Final Sept Consumer Sentiment/Expectations/Inflation Outlook
Baker-Hughes weekly US/No.Am. Total/Oil Rig Count (1pm et)
Assets & Liabilities of Commercial Banks in the US
Sat.         Oct 03
                                                     
       WEEKS AHEAD:
   
                                10/05--07    Richmond Fed's Investing in Rural America videoconference
                                10/08--09   Federal Reserve Stress Testing Research Virtual Conference focus on resilience

*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