wall street in advance

April/May 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.,    April 25 Australian Holiday, ANZAC Day
    OVERNIGHT into US Mon. a.m. et:
        Singapore Mar Industrial Production
        German Apr IFO Current Conditions/Expectations
        Mexico Feb Economic Activity

        Brazil BCB Focus Market Readout, Mar Current Account & FDI
        ECB Annual Gov't Finance Statistics
        BoE Asset Purchase Facility 1Q21 Qtrly Report
Mon.,   April 26 ECB MPC Panetta opens (14:00 cet) BIS/BoE/ECB/IMF Spillovers in a 'post-pandemic low-for-long world' (thru 27th)
ECB MPC Lane keynotes 7th European Statistical Forum via ECB/Eurostat (15:00 cet)
US Mar Durable/Capital Goods Orders & Shipments
Brazil Mar Net Payrolls
Dallas Fed Apr Manufacturing Index
BoE Treasury Select Cmte 'Future of Financial Services' V-Hearing (3:30pm bst)
US Treasury Auctions $57B 3-, & $54B 6-month Bills
US Treasury Auctions $60B 2-, & $61B 5-year Notes
     OVERNIGHT into US Tues. a.m. et:

         So. Korea Q1 GDP
         China Mar Industrial Profits
         BoJ Interest Rate Decision, Quarterly Outlook,. Kuroda Press Conference
         Riksbank (Sweden) Interest Rate Decision,
Monetary Policy Report, Mar Trade Balance
         Hong Kong Mar Trade Balance
         French Mar Unemployment Claims, Total Job Seekers
         UK CBI Apr Distributive Trades
         Mexico Mar Trade Balance
         Hungary Interest & Deposit Rate Decisions
Tues.,   April 27 Redbook weekly sales snapshot
FHFA Feb House Price Index
S&P/Case-Shiller Feb Home Price Index  

BoE FPC Breeden V-panelist @FT Moral Money Europe V-Summit: The Corporate Climate Initiative (3:35 bst)
Conference Board's April Consumer Confidence
FOMC Meets  (thru 28th) 
Richmond Fed Arp Manufacturing/Services Index
US Treasury Auctions $40B, now, 42-day Bills, & $28B 2-year FRN
US Treasury Auctions $62B 7-year Notes
API weekly Crude Report
    OVERNIGHT into US Wed. a.m. et:
        Japan Mar Retail Sales
        RBA (Aussie) Q1 CPI
        Thailand Mar Industrial Production
        UK BRC Shop Price Index
        German May GfK Consumer Confidence
        Swiss ZEW Apr Expectations
Wed.    April 28 MBA weekly Mortgage Purchase/Refinance Applications
Canada Feb Retail Sales
ECB Pres. Lagarde
in conversation w/David Rubenstein @V-Global Leaders Series of the Aspen Security Forum (16:00 cet)
US Mar Trade Balance
US Mar Wholesale & Retail Inventories

EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am et)
FOMC post-Meeting Statement (2pm et) 
FOMC chief Powell post-Meeting Press Conference (2:30pm et)
    OVERNIGHT into US Thurs. a.m. et:
       Pres. Biden addresses Jt Session of Congress
(8pm et)
       China YTD Industrial Output 

       So Korea BSI May Manufacturing Index, Mar Retail Sales
       New Zealand Mar Trade Balance, ANZ Apr Biz Confidence
       Aussie Q1 Import/Export Prices
       Singapore Q1 Unemployment Rate, Mar Import/Export Prices, PPI
       German Mar + Apr Unemployment Rate/Change, Mar Import/Export Prices,
       EU, French, German, Italian, Spanish Apr CPI/HICP
       EU Mar Loans to Companies & Households, M3 Mar Money Supply
       Eurozone Apr Consumer Confidence, Industrial, Services, & Economic Sentiment, Inflation Expectations
       ECB MPC de Guindos @Arcano Group webinar (9:30 cet)
       Dr. Weidmann, Bundesbank Pres. opens its Int'l Conference on Household Finance (thru 30th)
       ECB MPC Elderson speaks @'Role of Banks in Greening Our Economies' via EBRD (Eu Bank for Reconstruction & Development)   & Croatian Nat'l Bank  (11:00 cet)
Thurs.  April 29 US weekly Initial Jobless Claims/Continuing Claims
US Q1 (Adv) GDP/Prices Paid/Orders/Employment/Consumer Spending/PCE
4Q20 US Corporate Proifits
NAR Mar Pending Home Sales
EIA weekly Natural Gs Injections/Draws/Stockpiles Report
S.F. FRB 'Asset Prices as an Incentive for Climate Policy' (8am pt)
US Treasury Auctions 4-, & 8-week Bills (values unknown until mid-week)
NY Fed CEO Williams "Conversation with Ben Hecht" Eco Club of NY webinar (2pm edt)
Japan Showa Day Holiday (part of Golden Week)
    OVERNIGHT into US Fri. a.m. et:
       So, Korea Mar Industrial+Manufacturing Production,
Construction Output, Retail Sales
       Japan Mar Unemployment Rate, Tokyo Apr CPI
, Industrial Production, Jibun Bank Mnftg Production, Mar Housing Starts/Construction Orders, Apr Household Confidence
       China NBS Apr Manufacturing/non-Manufacturing PMI
       Aussie Mar/Q1 PPI, Mar Private Sector & Housing Credit
       Thailand Mar Unemployment Rate, Current Account, Private Consumption, Feb Retail Sales
       UK Apr Nationwide House Prices
       Swiss Mar Retail Sales
       Italy Mar Unemployment Rate, Q1 GDP
       French Q1 GDP, Mar Consumer Spending, PPI
       Spain Q1 GDP, Mar Retail Sales, Feb Current Account
       German Q1 GDP
       Taiwan Q1 GDP
       Eurozone Q1 GDP, Apr CPI/HICP, Mar Unemployment rate
       Mexico Q1 GDP

       So. Africa Mar Trade Balance
       Brazil Feb Unemployment Rate, Mar Nominal Budget Balance
Friday, April 30 US Mar Personal Income/Spending/PCE
US Q1 Employment Cost Index

Atlanta FRB 'Southeastern Micro Labor Workshop (9am et)
Canada Feb GDP, Mar PPI, Raw Materials Prices (RMPI)
Chicago Apr PMI
U.M.Apr Consumer Sentiment/Expectations
Canada Feb Budget Balance
Baker-Hughes weekly US/No.Am. Total/Oil Rig Count  (1pm et)
Mexico Mar Fiscal Balance
    OVERNIGHT into US Sat. a.m. et:
       So. Korea Apr Trade Balance
Sat.      May 01 Japan Golden Week starts
Italy, Spain & Singapore, separate Labor Day Holidays
Russia May Day Holiday
Sun.     May 02     OVERNIGHT into US Mon. a.m. et:
        AiGroup Aussie Apr Mnftg Index, Markit Mnftg Index, ANZ Job Ads
        So Korea Markit Apr Mnftg Index
        India Apr Markit Mnftg PMI
        German Mar Retail Sales
        Swiss procure.ch Apr Mnftg PMI
        EU, France, Germany, Italy, Apr Markit Mnftg PMI
        Hong Kong Q1 (adv) GDP
        India Apr Trade Balance
        Prudential Regulatory Authority Dpty Gov Woods 'From Covid-19 to a new mutual economy' @Building Societies Ass'n Annual V-Conference (9:45am bst)
        Brazil Apr Mnftg PMI
        Singapore Apr SIPMM Mnftg PMI
Mon.    May 03 US Markit Apr Manufacturing PMI
Canada Apr Mnftg PMI
US ISM Apr Manufacturing PMI/Employment/Prices/New Orders
US Mar Construction Spending
Mexico Apr Markit Manufacturing PMI
ECB MPC Enria speaks @UniCredit Foundation Aumni Event (17:00 cet)
US Treasury Auctions $57B 3-, & $54B 6-month Bills
Brazil Apr Trade Balance
FOMC Chair Powell on Community Development @Nat'l Community Reinvestment Coalition 2021 'Just Economy' V-Conference (2pm et)
NY Fed CEO Williams keynotes Annual WHF (Women in Housing Finance) V-Sympo- sium (2:10pm edt)
Dallas Fed's Kaplan discusses nat'l & global economic issues with Ft Worth Mayor Betsy Price (5pm, rescheduled from May 29(
Separate Holidays in Greece, Japan, UK
    OVERNIGHT into US Tues. a.m. et:
       Aussie Mar Trade Balance, Home Loans,
       Ward's US April Vehicle Sales
       RBA Interest Rate Decision

       Russia Apr Markit Mnftg PMI
       Hong Kong Mar Retail Sales
       UK CIPS/Markit Apr Mnftg PMI
       BoE Mar Consumer Credit, Net Lending to Individuals,  Mortgage Approvals
       Russia Monetary Policy Report
Tues.,  May 04 US Mar Trade Balance
Canada Mar Trade Balance, Building Permits
Redbook weekly store sales snapshot
ISM Apr New York Index
US Mar Factory Orders

US Treasury Auctions $43B reopened, now 42-day, Bills
Mexico Mar Fx Reserves
API weekly Crude Report
    OVERNIGHT into US Wed. a.m. et:
       New Zealand Q1 Unemployment Rate/Change/Labor Costs/Participation
       Aussie Apr Markit Services/Composite PMI
       Hong Kong, Thailand, Sinapore separate Markit Apr Mnftg PMI's
       RBA Chart Pack, Mar Building Permits
       Indonesia Q1 GDP
       India Apr Markit Services/Composite PMI
       Spain Apr Unemployment Rate/Change
       Thailand Interest Rate Decision
       EU, German, Italy & France separate Apr Markit Services/Composite PMI's

       UK Apr New Car Sales
       Eurozone Mar PPI
       
Wed.    May 05 US weekly MBA Mortgage Purchase/Refinance Applications
Brazil Mar Industrial Production, Apr Markit Services/Composite PMI
ADP US Apr Private Employment/Change
US Apr Markit Services/Composite PMI
ECB MPC Lane panelist @OMFIF V-Workshop 'Taking stock: ECB strategy review & monetary policy challenges" (16:00 cet)
US Apr ISM non-Manufacturing PMI/New Orders/Employment/Prices
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am et)
Boston Fed's Rosengren speaks @What Comes Next for the Economy & Monetary Policy? @Boston College Carrol School Online Webinars (11am et)
BCB (Brazil) Interest Rate Decision
Richmond Fed "Connecting People to Jobs" (2pm et)
St Louis Fed Dialogue: Central Bank Independence & Accountability (1pm ct)
Chicago Fed's Evans speaks @Brighter Prospects for Chicago's Youth: Strengthening Summer Jobs & Beyond (2pm ct)
Bk of Canada Gov Macklem speaks
    OVERNIGHT into YS Thurs. a.m. et:
        BoJ Monetary Policy Meeting Minutes

        UK Local Elections
        German Mar Factory Orders
        EU, German, French, Italian Apr Construction PMI
        Riksbank (Swede) Minutes of Monetary Policy Meeting
        Norges Bank (Norway) Interest Rate Decision

        UK CIPS/Markit Apr Services/Composite PMI
        ECB MPC af Jochnick panelist @BIS high-level V-Mtg on Bank Supervision (11cet)
        RBA (AUD) MPC Debelle Speaks
        Eurozone Mar Retail Sales
        ECB VP de Guindos
Online Q&A @EY Insights from Economics (12:30 cet)
        BoE FPC Interest Rate Decision/QE/Vote Count/Minutes, Monetary Policy Report
Thurs.  May 06 US Challenger April Job Cuts
US weekly Initial Jobless Claims/Continuing Claims
BoE Monthly Decision Maker Panel data (2pm bst) 
NY Fed CEO WIlliams opens+closes NY Fed Web Series on Culture-Purpose & the Employee as Stakeholder (9am edt)
US Q1 Productivity & Labor Costs
St Louis Fed Small Biz V-Forum:Building Capacity for Small Business (11:30am ct)
ECB FPC Schnabel panelist @DIW's Women's Finance Summit 'Future of FinServices-Digitizationm Sustainability, & Post-Panemic Growth Models' (15:15 cet)
EIA weekly Natural Gas Injections/Draws/Stockpiles
US Treasury Auctions 4- & 8-week Bills (values announced mid-week)
Dallas Fed V-State of Women in Economics (1pm ct)
Evenings with the Fed: Series for Educators "State of the Labor Market"  (6pm et)
    OVERNIGHT into US Fri. a.m. et:
        So. Korea Mar Current Account
        Japan Jibun Bank Apr Services/Conmposite PMI's
        Philippines Mar Trade Balance, Industrial Production
        RBA (AUD) Monetary Policy Statement
        China Apr  Caixin Services/Composite PMI, Trade Balance

        Swiss Apr Unemployment Rate, Fx Reserves
        German Mar Industrial Production, Trade Balance, Current Account
        France Mar Trade Balance, Industrial Production, Current Account, Q1 Payrolls
        China Apr Fx Reserves
        Italy Mar Retail Sales
        Taiwan Apr Trade Balance
        UK Apr Construction PMI
        ECB Pres Lagarde in conversation with George Papaconstantinou on global economy @State of the Union 2021 via EU Univ Institute Florence (12:00 cet)
        Mexico Apr Auto Exports, CPI, Consumer Confidence
        India Apr Bank Loan & Deposit rowth, Fx Reserves
        BoE FPC Broadbent & Economist Haldane Monetary Policy Report Nat'l Agency Briefing (12:15 bst)
       
Friday, May 07 US April Unemployment Rate/Change/Participation/Wages/Gov't-Mnftg Payrolls
Canada Apr Unemployment Rate/Change/Participation/Wages/Part-, Full-time
Brazil Apr New Car Registrations, Production
US Mar Wholesale Inventories
Canada Ivey Apr PMI
Minneapolis Fed Regional Economic Conditions:V-Health of MN Child care sector (9am ct)
Baker-Hughes weekly US/No.Am Total/Oil Rig Count (1pm et)
Fedglobal Central Banks Calendar Mar Consumer Credit  (3pm et)
Sat.,     May 08
                                                     
       WEEKS AHEAD:

                   05/19   FOMC Minutes of 04/27--28 Meeting
                   05/26    RBNZ Meets
                   06/01    RBA (AUD) Meeets
                   06/04    BoE Meets
                   06/09    BoC (Canada) Meets
                   06/17    SNB (Swiss) Meets
                               Norges Bank (Norway) Meets\
                   06/18    BoJ Meets
                   06/19    ECB Meets
            06/15--16    FOMC Meets
                   06/24    Banco de Mexico Meets
                             
*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 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