wall street in advance

February/March 2021  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.       Feb 21      OVERNIGHT into US Mon. a.m. et:
         Taiwan 20Q4 GDP, Jan Export Orders
         China PBoC Feb Prime Loan Rate Set
         New Zealand Dec Credit Card Spending
         Thailand Jan Trade Balance
         German Feb IFO Biz Conditions/Expectations
         Russia Monetary Policy Report
Mon.      Feb 22 ECB Pres Lagarde speaks @European Semester Conference-Inter-parliamentary Conf. on Stability, Economic Coordination & Governance in the EU from EU & Portuguese Parliament  (15:30 cet, Brussels)
Chicago Fed Jan Nat'l Activity Index
Dallas Fed Feb Manufacturing Index
US Treasury Auctions $54B 3-, & $51B 6-month Bills
Fed Gov Bowman "Economic Inclusion in Lower-Income Communities" @Dallas Fed's Advance Together V-Celebration
    OVERNIGHT into US Tues. a.m. et:
        New Zealand 20Q4 Retail Sales
        RBNZ (New Zealand) MPC Meets
        China Jan House Price Index
        Japan Emperor Birthday (02/23 local time)
        UK Nov Employment Change, Dec Unemployment Rate/Avg Earnings w/Bonuses, Jan Claimant Count
         Swiss Jan Producer & Import Prices
         Italy Dec Industrial Orders/Sales
         So. Africa 20Q4 Unemployment Rate
         UK 20Q4 Labour Productivity
         EU Jan CPI, CPI/HICP, Publication of Consolidated FinStatement of Eurosystem
         UK Feb CBI Distributive Trades
         Hungary Central Bank Interest/Deposit Rate Decision
Tues.,    Feb 23 Redbook weekly store sales snapshot
FHFA Dec House Price Index
S&P/Case-Shiller Dec Home Price Index

Richmond Fed Feb Manufacturing Index
FOMC Chair Powell testifies @US Senate Cmte on Banking, Housing & Urban Affairs (10:am et)
US Senate Intelligence Cmte Hearings SolarWinds Hack w/SWI, Microsoft Pres Brad Smith, FireEye CEO Kevin Mandia
US Treasury Auctions $30B reopened 42-Day Bills
Bk of Canada Gov Mackem speaks
US Treasury Auctions $60B 2-year Notes & $34B 52-week Bills

API weekly Crude Data
    OVERNIGHT into US Wed. a.m. et:
        Aussie 20Q4 Wage Price Index, Construction Work
        RBNZ (New Zealand) Interest Rate Decision, post-Meeting Press Conference
        German 20Q4 GDP
        Taiwan Jan Industrial Production & Retail Sales
        Hong Kong 20Q4 GDP
        BoE's Haldane in Conversation with Prof. Sir Cary Cooper (12pm gmt)
        UK Treas Select Cmte hearings on Feb. Monetary Policy Report (14:30 gmt)
        Mexico Dec Retail Sales   
        Brazil Jan Current Account, Foreign Direct Investment (FDI)
        ECB's McCaul @Global Ass'n of Risk Professionals (GARP) Risk V-Convention
Wed.      Feb 24 MBA weekly Purchase/Refinance Applications (w/e 02.19)
K.C. Fed Midwest Anti-Money Laundering V-Conference  (9:30am)      
US Jan New Home Sales
FOMC Chair Powell V-Semi-Annual Testimony to US House   (10am et)
US House Judiciary Cmte Hearings on 230, w/CEOs of Facebook, Twitter & Google
Fed Gov Brainard "The Federal Reserve's Maximum Employment Mandate" @Harvard
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (w/e 02/19)
US Treasury Auctions $26B reopened 2-yr FRNs, & $61B 5-year Notes
Fed V Ch. Clarida
on Eco Outlook & Monetary Policy @US Chamber of Commerce 1pm
Fed's Clarida repeats Eco Outlook/Monetary Policy @Aussie Am Chamber of Commerce "Live from America" (4pm et)
Fed's Kaplan Global Perspectives w/frmr Dallas Mayor Mike Rawlings (5pm-- rescheduled from 02/17 after TX lost power) 
     OVERNIGHT into US Thurs. a.m. et:
         Aussie 20Q4 Private CapEx
         So. Korea Interest Rate Decision
         German GfK Mar.Consumer Confidence
         Taiwan Jan Unemployment Rate
         Hong Kong Jan Trade Balance
         Eurozone Jan Loans to Households & Companies, M3, Feb Consumer/Industrial/ Economic/Services Confidence
         Monetary Developments in the Euro Area/Nat'l Balance sheet of Euro area monetary financial institutions ex-Eurosystem
         Mexico 20Q4 GDP, Dec Economic Activity, Jan Unemployment Rate
         ECB's Lane @CMVM webinar "Conversas na CMVM" via Portuguese Securities Market Commission
         Brazil Jan Bank Lending
         ECB's de Guindos presents @IESE Alumni Learning Program via IESE Biz School
Thurs.    Feb 25 US weekly Initial Jobless Claims/Continuing Claims
US Jan Durable/Capital Goods Orders/Shipments
US 20Q4
(2nd est.) GDP/CapEx/PCE
Mexico 20Q4 Current Account, Monetary Policy Meeting Minutes
US NAR Jan Pending Home Sales
EIA weekly Natural Gas Stocks/Change (w/e 02/19)
US Treasury Auctions 4-, & 8-week Bills (values announced mid-week)
Fed's Bostic opens (8:30am et), Fed V.Ch.Quarles on "Stress Tests"@FRB Atlanta 2021 Banking Outlook Conf. "Where Do We Go From Here?"   (11:10am)
US Treasury Auctions $62B 7-year Notes
A Conversation w/NY Fed Pres. John Williams webinar via One hundred Black Men of NY (3pm est)
St Louis Fed "Current Perspectives on Racial Economic Opportunity" (6pm ct)
    OVERNIGHT into US Fri. a.m. et:
        New Zealand Jan Traade Balance
        Japan Tokyo CPI, Jan Industrial Production, Retail Sales
        Aussie Jan Private Sector Credit
        Singapore Jan Bank Lending, Industrial Production, PPI
        Thailand Dec Retail Sales, Jan Unemployment Rate, Industrial Production, Private Consumption/ Investment
        Israel Celebrates Purim
        Japan Jan Housing Starts/Construction Orders
        UK Feb  Nationwide Housing Prices
        Swiss 20Q4 Non-Farm Payrolls/GDP, KOF Feb Leading Indicators
        France 20Q4 GDP, Jan Unemployment Claims/seekers, Houseold Consumption, PPI
        UK Jan Car Production
        India Jan Government Budget, Infrastructure Output, 20Q4 GDP
        BoE's Haldane recorded speech on 'inflation outlook"
        Brazil Dec Unemployment Rate
        BoE Dpty Gov, Markets & Banking, Ramsden, @Institute of Chartered Accountants in England & Wales (ICAEW)
        ECB's Schnabel @European Fiscal Board Annual Conf: "High Debt, Low Rates & Tail Events"   (9:30 cet)
        Mexico Jan Trade Balance
        So. Africa Jan Trade Balance
Friday,   Feb 26 US Jan Personal Income/Spending/PCE/Core PCE
ECB Lagarde & Panetta
V-participants in G20 FinMin & Central Banks Governors Mtg
Canada Jan PPI, Raw Materials Prices
US  Jan  Trade Balance
US Jan Wholesale Inventories

Chicago Feb PMI
U.M. (F) Feb Consumer Sentiment/Inflation Expectations
Canada Dec Budget Balance
Brazil Jan Federal Tax Revenue
Colombia Interest Rate Decision
Baker-Hughes weekly US/No.Am. Total/Oil Rig Count (1pm et)
US FY22 Budget Plan
    OVERNIGHT into US Sat. a.m. et:

        Taiwan Feb Consumer Confidence
Sat.,       Feb 27     OVERNIGHT into US Sun. a.m. et
       China NBS Feb Manufacturing/non-Mnftg PMI

Sunday,  Feb 28     OVERNIGHT into US Mon. a.m. et:
        Aussie AiGroup Feb Manufacturing Index, Markit Feb (F) Mnftg Index
        So. Korea Feb Trade Balance
        Aussie Jan Home Loans/Investment Lending for Homes, 20Q4 Business Inventories & Profits
        Japan Jibun Bank Feb Manufacturing PMI
        China Caixin Feb Manufacturing PMI

        Thailand Jan Unemployment Rate
        India Feb Markit Mnftg PMI
        Russia Markit Feb Mnftg PMI
        UK Nationwide Feb Housing Prices, Markit/CIPS Feb Mnftg PMI
        BoE Jan Consumer Credit, Mortgage Approvals/Lending, Feb Int'l Reserves
        EU, France, Germany, Swiss Jan Retail Sales
        Swiss Feb procure.ch Mnftg PMI

        France & Spain separately report Feb New Car Registrations
        Italy 2020 Gov't Budget & Full Year GDP
        So. Africa Feb Total New Vehicle Sales
        India Feb Trade Balance
        Brazil Markit Feb Mnftg PMI
        German Feb CPI/HICP
     
Monday, Mar 01 Fed Gov Brainard on 'Financial Stability' @IIBankers V-Annual Mtg (9:05am)
US Markit Feb Manufacturing PMI
Fed's Williams opens+closes NY Fed Webinar Series on Culture--Session 3: Diversity, Equity & Inclusion  (9am est)
ISM Feb Manufacturing PMI/Employment/Prices/Orders/Shipments
Canada Feb Manufacturing PMI
ECB VP de Guindos, Bundesbank's Buch, CB of Ireland's Makhlouf, & Bq de France Gov de Galhau panelists 'Is Macroprudential Policy Resilient to the Pandemic?' @Financial Stability Review via Banque de France
Mexico Feb Markit Manufacturing PMI
ECB Pres. Lagarde recorded video for online annual impulse of the German Ass'n for Small & Medium-sized Businesses 
US Treasury Auctions $54B 3-, & $51B 6-month Bills
Boston Fed Racism & the Economy
: Focus on Housing  (2pm et)
Brazil Feb Trade Balance
Mexico Jan Fiscal Balance
    OVERNIGHT into US Tues. a.m. et:
        New Zealand 20Q4 Terms of Trade
        So. Korea Jan Industrial + Manufacturing Production, Construction Output, Retail Sales, Markit Feb Mnftg PMI
        Japan Jan Unemployment Rate, Jobs/Applications, 20Q4 Capital Spending
        Aussie TD-MI Feb Inflation Gauge, Jan Building Permits, ANZ Feb Job Ads, 4Q20 Curremt Account
        Wards US Feb Vehicle Sales
        Taiwan Feb Markit Manufacturingg PMI
        RBA (Aussie) Interest Rate Decision (03/02 local time)
      German Jan Unemployment Rate/Harmonized Rate/Feb Change, Jan Retail Sales
        So Africa ABSA Feb Mnftg PMI
       Eurozone Feb Flash CPI
        ECB MPC Panetta on 'Mind the gap(s): Monetary policy and the way out of the pandemic' via Bocconi Univ. (14:40 cet)
       ECB's McCaul lecture in Risk Management @Imperial College (London 15:00 cet)
Tuesday Mar 02 Canada 4Q20 + Dec GDP
US Redbook weekly sgtore sales snapshot
US Feb NY ISM Index
Mexico Jan Fx Reserves
US Treasury Auctions $30B reopened 42-day Bills
Fed Gov Brainard on US Eco Outlook & Monetary Policy
@Council of Foreign Relations (1pm et)
S.F. Fed Pres Daly v-speech to Economic Club of NY (2pm est)
API weekly Oil Report
    OVERNIGHT into US Wed. a.m. et:
        Aussie AiGroup Feb Construction Index, Markit Feb Services/Composite PMI
        RBA (Aussie) Chart Pack, 4Q20 GDP/CapEx/Consumption
        New Zealand Jan Building Permits
        Hong Kong Feb Markit PMI
        Japan Jibun Bank Feb Services/Com;posite PMI
        Singapore Markit Feb PMI
        BoJ Kataoka speaks
        China Caixin Feb Composite/Services PMI
        India Feb Markit Services PMI
        Russia Feb Markit Services PMI
        So Africa Feb Markit PMI
        France Jan Budget Balance
        Jan Hong Kong Retail Sales
        EU, France, Germany, Italy, Markit Feb Services/Composite PMI
        Italy 4Q20 GDP
        UK Markit/CIPS Feb Services/Composite PMI
        Eurozone Jan PPI
        German Bundesbank Annual Report

        Brazil 4Q20 GDP
        ECB MPC Panetta opens, then BoE's Cunliffe speaks at 3rd Jt Deutsche Bundesbank/ECB/FRB of Chicago on CCP Risk Management (14:00 cet)
Wed.      Mar 03 MBA weekly Mortgage Purchase/Refinance Apps
Canada Jan Building Permits
UK 2021 Budget, OBR Economic & Fiscal Forecaasts
BoE's Tenreyro discusses negative rate policies (NIRP) V-event by IMF&IMFS @Univ of Frankfurt (16:00 gmt)
Brazil Feb Market Services/Composite PMI
ADP Feb US non-Farm Payroll Employment 
Markit Feb US Services/Composite PMI
Philly Fed's Harker Al Dia Roundtable: Back to Work: Leveraging Your Skills  (10am)
Minneapolis Fed Regional Economic Conditions: Construction (9am ct)
ECB's de Guindos speaks "After Covid: a stronger Europe? The future interplay of monetary and fiscal policy and structural reforms in Europe" at Berenberg Bank V-event
US Feb ISM non-Manufacturing Business (Services) Activity/Employment/ Orders/Prices
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30 am;w/e 02/26)
Fed Beige Book (2pm et)
ECB's Schnabel on 'Greening Monetary Policy--Central Banking & Climate Change' online via FRB Cleveland (20:30 cet)
Dallas Fed CEO Kaplan Global Perspectives w/Richard Haass, pres. of CFR (5pm)
    OVERNIGHT into US Thurs. a.m. et:
        So Korea 4Q20 GDP, Feb Fx Reserves, CPI
        BoJ Feb Bond & Stock Transactions with Markets & Exchanges
        Aussie Jan Trade Balance, Retail Sales
        RBA's Kearns speaks
        Japan Feb Consumer Confidence
        EU, France, Germany, Italy Feb Construction PMI
        UK Feb New Car Sales, Construction PMI, Monthly Decision Maker Panel Feb Data
        Eurozone Jan Unemployment Rate, Retail Sales
        OPEC+ Jt Monitoring Committee V-Meeting
Thurs.    Mar 04 Challenger Feb US Job Cuts
US weekly Initial Jobless Claims/Continuing Claims
US 4Q20 Non-Farm Productivity, Unit Labor Costs

US Jan Factory Orders
Canada 4Q20 Labor Productivity
EIA weekly Natural Gas Stocks (10:30am et; w/e 02/26)
Robert Engle, NYU Stern V-Seminar- 'Climate Risk & the Pandemic' (11am est; FRB San Francisco)
US Treasury Auctions 4-, & 8-week Bills (values announced mid-week)
Fed Chair Powell "Conversation on the US Economy" @WSJ Jobs Summit (12:05pm)
Richmond Fed District Dialogues-Understanding the Disparities: The Effects (1pm et)
Chicago Fed Project Hometown: Supporting Detroit Minority Businesses: Access to Capital & Lessons Learned (2:30pm et)
    OVERNIGHT into US Fri. a.m. et:
        Aussie AiGroup Feb Services Index
        German Jan Factory Orders
        France Jan Trade Balance, Jan Current Account
        UK Halifax Feb House Price Index
        Italy Jan Retail Sales
        Russia Feb Vehicle Sales
        Brazil Jan Industrial Production
        Mexico Feb Auto Production/Exports, Dec Gross Fixed Investment
        BoE FPC Jon Hall "Where's the Money?" @South West Business Council Qtrly V-Conference (12:00 gmt)
        Brazil Feb Car Production, New Car Registrations
        Russia Feb Fx Reserves
Friday,   Mar 05 US Feb Unemployment Rate/Change/Participation/Wages/Hours Worked/Gov't-- Mnftg
Canada Jan Trade Balance
BoE FPC Haskel panelist on Economic Challenges Facing the new US Treas. Sec'y Janet Yellen @Ctr for Eco Policy Research/UChicago Booth School of Biz (9am est)
US Feb Trade Balance
Canada Ivey Feb PMI
Baker-Hughes weekly US/No.Am. Total/Oil Rig Count (1pm et)
US FY22 Budget Plan
US Jan Consumer Credit
Sat.        Mar 06
                                                     
       WEEKS AHEAD:
 
                  03/11   ECB MPC Meets
           03/16--17   FOMC Meeting
                  03/18   BoE FPC Meeting
                              Norges (Norway) MPC Meets
                  03/19   BoJ MPC Meeting
                  03/25   SNB (Swiss) MPC Meets
                              Banco de Mexico
                             
*FOMC 2021 Voting Members:  Chairperson Jerome Powell, as of 02/05/18, and ALL members of the FOMC Board of Governors are permanent voters including: V.Ch. Randall Quarles, Lael Brainard, V.Ch. Richard Clarida, Bowman, Christopher Waller (confirmed 12/03/20), plus whomever is New York Fed Pres, currently John Williams. New, revolving Regional Fed Bank Leaders who are voters for 2021: Chicago Fed's Charles Evans, Richmond Fed's Thomas Barkin, Atlanta Fed's Raphael Bostic, S.F. Fed's Mary Daly. They replace Cleveland Fed's Mester, Philly Fed's Harker, Dallas Fed's Kaplan, Boston Fed's Rosengren, K.C. Fed's George, & Minneapolis Fed's Kashkari, who were voters in 2020. 
               * HICP used in Europe, means Harmonized Index of Consumer Prices