wall street in advance

June/July 2020  Economic Statistics
and Other Economic Influences

                Weekly Chain Store Sales*
                 Average Hourly Earnings*
                 API Weekly Gas/Oil Stockpiles Report*  **
Mortgage Applications  Data
                 EIA Weekly Report on Gas & Oil Stockpiles* (10a.m.)
                 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,  June 21     OVERNIGHT into US Mon. a.m. et:
        RBA (Aussie) Gov Lowe speaks
        PBoC sets 1-, & 5-year Prime Loan Interest Rates

        New Zealand Credit Card Spending
        Thailand Unemployment Rate
        Tawian Unemployment Rate
        UK CBI Industrial Trends Orders
        ECB's Hakkarainen video participant @Frankfurt Finance Summit on "Completing the Banking & Capital Market Union under new circumstance" (11:45 cet)
Monday,  June 22 Chicago Fed June National Activity Index
Brazil Federal Tax Revenues
Bundesbank Pres. Jens Weidmann keynotes Franfurt Finance Summit
ECB's de Guindos videospeech @Frankfurt Finance Summit  (16:15 cet)
US May Existing Home Sales
ECB's Lane webinar "Understanding the ECB's pandemic emergency purchase program (PEPP) @Princeton Univ. Bendheim Ctr for Finance (18:30 cet)
US Treasury Auctions $57B 3-, & $54B 6-month Bills
Russia GDP
    OVERNIGHT into US Tues. a.m. et:
         So. Korea May PPI
        Aussie CommBank Flash June Mnftg/Services/Composite PMI
        Japan Jibon Bank June Mnftg/Services/Composite Flash PMI, BoJ May CPI
        EU, France, Germany Jun Flash Mnftg/Services/Composite PMI
        Taiwan Industrial Production & Retail Sales
        UK Markit/CIPS June Mnftg/Services/Composite Flash PMI
        South Africa Q1 Unemployment Rate
        BCB (Brazil) Coupon Meeting Minutes
        Hungary Central Bank MPC Interest & Deposit Rate Decisions
        BoE Gov Bailey @Annual Women in Finance Review (9:45 bst)
Tuesday  June 23 Redbook US weekly store sales snapshot
US Markit Flash June Mnftg/Services/Composite PMI
US May New Home Sales
Richmond Fed Jun Manufacturing Index
Investment Connection LIVE Virginia - Part 2 webinar (10am et)
US Treasury Auctions $40B reopened 119-day, & $40B reopened 42-day Bills (11:30am)
Richmond Fed 2nd Investment Connection Pitch Session
US Treasury Auctions $46B 2-year Notes & $20B reopened 273-day Bills (1pm et)
    OVERNIGHT into US Wed. a.m. et:
        BoJ June 15/16 MPC Summary of Opinions
, Corporate Services Price Index
        RBNZ (New Zealand) MPC Interest Rate Decision, Press Conference Follows
        Thailand Trade Balance, Industrial Production
        Finland + Norway Each Release their Unemployment Rates
        Thailand MPC Interest Rate Decision
        German IFO Current Conditionbs/Expectations
        ECB's Lane webinar "Food for Thought" organized by Frankfurt Main Finance (9:00cet )
        Swiss ZEW June Economic Sentiment Index/Expectations
        South Africa April Retail Sales/CPI/Core CPI
Wed.       June 24 MBA weekly Mortgage Purchase/Refinance Applications
Brazil Current Account & Foreign Direct Investment
Czech National Bank Interest Rate Decision
SNB (Swiss) Quarterly Bulletin
Financial Literacy Summit for Teachers @Richmond FRB (9am et)
FHFA April House Price Index
EIA weekly Petroleum/Gasoline/Distillates/Refineries Reports
(10:30am et)
US Treasury Auctions $20B reopened 2-year Floating Rate Notes & $47B 5-year Notes
Chicago Fed's Evans speech @Corridor Business Journal Mid-Year Review Mtg
     OVERNIGHT into US Thurs. a.m. et:
         China & Hong Kong Dragon Boat Festival
         Hong Kong Tuen Ng Festival
         New Zealand May Trade Balance
         Taiwan Duanwu Festival
         Japan All Industry Activity Index
         German GfK June Consumer Confidence
         ECB publishes Account of June 3--4 Monetary Policy Meeting (13:30 cet)
         Philippines MPC Interest Rate Decision
         France Unemployment Claims/Change/Total # of Jobseekers
         UK CBI Distributive Trades Survey
         Mexico Retail Sales
         ECB's Schnabel remarks @virtual Bond Market Contact Group Conf. (14:30 cdet)
         ECB's Mersche panel @Reinventing Bretton Woods webinar "The World Economy Transformed" (15:30 cet)
         BoE publishes Record of Financial Policy Cmte Meetings
Thurs.     June 25 US weekly Jobless Claims/Continuing Claims
US May Durable Goods/Capital Goods Orders/Shipments

BoE's CTO Elsey telespeech at Bloomberg's Future of Finance (15:00 BST)
US Q1 Final GDP/PCE/Core PCE/Biz CapEx/Consumer Spending
US Q1 Final Corporate Profits

US adv May Trade Balance
EIA weekly Natural Gas Report
K.C. Fed Manufacturing Index
US Treasury Auctions 4-, & 8-week Bills (11:30am et; value not announced at post)
US Treasury Auctions $41B 7-year Notes (1pm et)
BoE Economist Haldane "What is the Future of Society?" teleconversation @TEDxGlasgow (18:00 BST)
Fed's Mester FedTalk: Small Business Access to the Paycheck Protection Program: Special COVID-19 Edition
Banco de Mexico MPC Interest Rate Decision
Economic Inequality Policy Series:
An Update from the Experts on COVID-19's Impact on Housing from NY Fed (3pm edt)
1st TALF (Term Asset-Backed Loan Facility) Close @NY FRB
FRB & FDIC release Results of Mega Bank Stress Tests & CCAR (Capital Analysis)
    OVERNIGHT into US Fri. a.m. et:
        Japan Tokyo CPI
        China Dragon Boat Festival
        Singapore May Industrial Production
        Spain Retail Sales
        Italian Q1 Public Debt
        Sweden PPI, Retail Sales, Household Lending Growth
        Eurozone Loans to Companies & Households, M3 Money Supply
        UK Auto Production
        Greece Total Credit
        BoE Quarterly Bulletin 2020 Q2
(12:00 BST)
        Mexico Trade Balance, Economic Activity
Friday,    June 26 US May Personal Income/Spending/PCE-Core PCE Index
Brazil May Lending
U.M. June Final Consumer Sentiment/Current Conditions/Outlook/Expectations
Dallas Fed May PCE
Baker-Hughes US/No. Am. Oil/Total Rig Count (1pm et)
Russell Indexes Rebalance on Close
Saturday, Jun 27  China Dragon Boat Festival
China May Industrial Profits
ECB's Schnabel
panelist @virtual Petersberger Sommer Dialog
Poland Presidential Election
Sunday,   June 28     OVERNIGHT into US Mon. a.m. et:
        Japan May Retail Sales
        BoE May Consumer Credit, UK Mortgage Approvals
        Eurozone Economic/Services/Industrial Sentiment, Consumer & Business June Confidence
       Hong Kong May Trade Balance
       German & Spainish June CPI/HICP
       BoE's Bailey & Breeden webinar "Climate Financial Risk Forum" (10:30 bst)
       BoE's Vlieghe "Observed macroeconomic tail risk & asset prices: new long term evidence" (13:30 bst)
Monday,  June 29 Canada May Building Permits, PPI, Raw Materials Prices (8:30am et)
US May Pending Home Sales
Dallas Fed June Manufacturing Index (10:30am et)
US Treasury Auctions $54B 3-, & $51B 6-month Bills (11:30am et)
Boston Fed webinar For Lenders: Main Street Lending Program--Loan Purchase Process (2pm edt )
Fed's Williams conversation w/IMF Mng Dir Gerogieva @Economic Club NY   (3pm et)
    OVERNIGHT into US Tues. a.m. et:
        So. Korea May Industrial & Mnfg Production, Construction Output, Retail Sales
        Japan May Unemployment Rate/Job Apps, Industrial Production
        China NBS (Statistical Bureau) June Mnftg & non-Mnftg PMIs
        Australia May Private Sector Credit/Housing Credit
        Singapore May Bank Lending
        Japan May Housing Starts/Construction Orders
        UK Q1 GDP/Change, Biz Investment, Current Account, June Nationwide House Prices, GfK Consumer Confidence
        Swiss KOF June Leading Indicators, May Retail Sales 
        Hong Kong May Retail Sales
        Eurozone+ French Jun Flash Inflation rate/Core/ HICP, Biz & Consumer Confidence
        Brazil May Unamployment Rate, Budget Balance
        So. Africa Q1 GDP, May Trade Balance (Mine Exports), Private Sector Credit
        BoE's Haldane webinar "The Second Quarter" (11:00 bst)
        BoE's Cunliffe in-conversaton @IIF Summit "Central Banking in the Age of COVID-19" (15:00 bst)
        Canada April GDP
        ECB's Schnabel webinar @IFF on "Central Banking in age of COVID-19" (15:00 cet)
Tuesday, June 30 Redbook weekly store sales snapshot
S&P/Case Shiller April Home Price Index (9am et)
Brazil May Budget Balance, Debt-to-GDP Ratio
Chicao June PMI
ECB's de Guindos virtual "Perspectives on the Pandemic" via NABE (17:00 cet)
Conference Board's June Consumer Confidence (10am et)
BoE Economist Haldane in conversation webinar with chef Prue Leith (4pm bst)
Dallas Fed June Services Revenues/TX Services Sector Outlook
Conversations with the Fed:What impact has COVID-19 had on the MN economy? (12pm ct)
Fed's Williams webinar on "U.S. Recession & Policy Response" @IIF 'Central Banking in the Age of COVID-19' (11am edt)
Fed Gov Brainard "A Decade of Dodd-Frank" to Brookings Inst. @UofM (11:05am)
US Treasury Auctions $35B reopened 119-day & $15B reopened 42-day  Bills (11:30am)
Fed Chief Powell & Sec'y Treas Mnuchin testify on CARES Act @US House FinServices (12:30pm)
"How to be Inclusive During Crisis, Including Managing Remotely" (K.C.Fed 1pm)
Former Fed Kohn webinar "A decade of Dodd-Frank" Panel on "what it's meant globally" to Brookings @U of Michigan Ctr on Finance, Law, & Policy 
Colombia Interest Rate Decision
Mexico May Fiscal Balance
API weekly Petroleum Report
    OVERNIGHT into US Wed. a.m. et:
        Japan Q2 Tankan Index/Outlook
, Jibon Bk Jun Mnftg PMI, May Housing Starts 
        So. Korea Trade Balance
        Singapore URA Q2 Prelim Property Index
        Taiwan June Markit Manufacturing PMI
        Aussie May Building Permits, AiG Jun Manufacturing Index, Mnftg PMI
        New Zealand May Building Consents
        China Caixin Jun Manufacturing PMI      
        UK BRC Shop Price Index
        India Nikkei/Markit Jun Manufacturing PMI
        Japan June Consumer Confidence
        German May Unemployment Rate/Change, Retail Sales
        Russia Markit Jun Manufacturing PMI
        Swiss procure.ch Jun Manufacturing PMI
        ECB's Panetta speaks @Capital Markets webinar European Investment Bank+Eu- ropean Stability Mechanism (9:45 cet)
        Eurozone, French, German, Italian Markit Jun Manufacturing PMI
        UK Markit/CIPS Jun Mnufacturing PMI, Nationwide Home Price Index,
30-yr Gilt Auction 
Wed.       July 01 MBA weekly Mortgage Purchase/Refinance Applications
Challenger June Job Cuts
  (7:30am et)
BoE's Breeden on "Building Resiliency: Climate Action in the Financial Sector" 
ADP June US non-Farm Employment Stats (8:15am et)
US Markit (F) June Manufacturing PMI  (9:45am et)
US June ISM Mnftg PMI/Shipments/Orders/Prices/Employment (10am et)
Fed's Evans moderates Chicago Fed virtual "Visions for Chicago's Future: A Community Forum" (9am cdt)
US May Construction Spending
So. Africa June Vehicle Sales
Mexico Jun Markit Manufacturing PMI
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am et)
Brazil Jun Trade Balance, May PPI, Markit Jun Manufacturing PMI
FOMC releases Minutes of June 09-10 Meeting (2pm et)
Separate Holidays in Hong Kong, Russia & Canada
    OVERNIGHT into US Thurs. a.m., et:
        New Zealand Q2 NZIER Capacity Utilization, Biz Confidence, May Bldg Permits
        Wards US June Total Vehicle Sales
        Aussie May Trade Balance, May Building Approvals
        Spain & Italy release May Unemployment Rates/Changes, Tourist Arrivals
        Eurozone May Unemployment Rate/Change, PPI
        BoE's Decision Maker Panel Data
(like Beige Book;  9:30 bst)
        Brazil May Industrial Production
        ECB's Mersch @Salzburg Global webinar on "What future for the European Union in the aftermath of the German ECB ruling?"  (15:00 cet)
Thurs,     July 02 US June Unemployment Rate/Change/Avg Hrly Earnings/Continuing Claims/Partici- pation
US weekly Initial Jobless Claims/Continuing Claims

Canada May Trade Balance, RBC Jun Manufacturing PMI
US May Factory Orders
NY Jun ISM Index/Business Conditions
EIA weekly Natural Gas Report (10:30am et)
US Treasury Auctions 4-, & 8-week Bills (values not available at post)
BoE Financial Stability Report, FPC Record
Baker-Hughes weekly US/No. Am. Total/Oil Rig Count
(1pm et)
US Bond Markets Close Early (2pm et)
    OVERNIGHT into US Fri. a.m, .et:
        Aussie AiG Jun Construction Index, CommBank Services/Composite PMI
        UK GfK Jun Consumer Confidence
        Japan Jibon Bank Jun Servces/Conmposite PMI
        Aussie May Retail Sales, Trade Balance
        China Caixan June Services/Composite PMI
        France May Budget Balance
        Eurozone, France, Germany, Italy, Spain Markit Jun Services/Composite PMI
        UK Markit/CIPS Jun Services/Composite PMI

        India Bank Loan & Deposit Growth, Fx Reserves
Friday,    July 03 US Markets Closed to Celebrate Tomorrow's Independence Day Holiday
Brazil Markit June Services/Composite PMI
    OVERNIGHT into US Sat. a.m. et:
        French May Budget Balance
        So. Africa Standard Bank Jun PMI, Business Confidence
        ECB Gov Lagarde webinar partipation @Recontres Economiques d'Aix-en-Pro- vence on "Metre en oeuvre un modele alternatif de croissance" (12:40 cet)
Sat,        July 04 US Independence Day Holiday
07/06      Publication of Reference Rates (TGCR), (BGCR), & (SOFR) instead of 07/03
                                      07/07     RBA (Aussie) MPC Meets
                                      07/15     BoJ MPC Meets
                                                     BoC (Canada) MPC Meets
                                      07/16     ECB MPC Meets
                               07/28--29     FOMC Meets
                               08/27--28     K.C. Fed virtual 44th Annual Economic Policy Symposium: "Navigating the Decade Ahead: Implications for Monetary Policy"

*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