wall street in advance

January 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:
Sunday,  Jan 03     OVERNIGHT into US Mon. a.m. et:
        Aussie Dec Markit Mnftg/Non-Mnftg PMI
        Japan Jibun Bank Dec Mnftg PMI
        Singapore Q4 URA Property Index
        So. Korea, Taiwan, & Thailand (separate) Markit Dec Mnftg PMI's
        China Caixin Dec Mnftg PMI
        India Dec Mnftg PMI
        Hong Kong Nov Retail Sales
        Swiss Dec procure.ch Manufacturing PMI
        Eurozone, France, Germany, Italy Dec Markit Manufacturing PMI
        UK Markit/CIPS Dec Mnftg PMI,
        BoE Nov Consumer Credit, Mortgage Approvals/Loans
        France & Spain Report (separately) Dec New Car Registrations
        South Africa Dec Total Vehicle Sales
        India Dec Trade Balance
        BoE Publishes Nov 2020 Money & Credit (9:30 gmt)
        Brazil Dec Markit Mnftg PMI
        Singapore Dec SIPMM Mnftg PMI
        ECB Long-term efrfects of the pandemic: insights from leading companies
Monday, Jan 04 US Dec Markit Manufacturing PMI
Mexico Nov Fx Reserves, Markit Dec Mnftg PMI
US Nov Construction Spending
US Treasury Auctions $54B 3-, & $51B 6-month Bills
US Dec/Q4 Vehicle Sales
ECB's Lane
speaks at the AEA/ASSA Annual Meeting (3:45pm et)
    OVERNIGHT into US Tues. a.m. et:

        German Nov Retail Sales, Harmonized Unemployment Rate
        Spain Dec Unemployment Rate/Change, Nov Tourist Arrivals
        EU Nov Loans to Companies & Households
        UK Dec New Car Sales

Tuesday Jan 05 Georgia State Run-off Elections for Both Senate Seats
Redbook weekly store sales snapshot (thru 01/02/21)
US Dec ISM Mnftg PMI/Employment/Prices/New Orders, Dec New York ISM
US Treasury Auctions $30B reopened 119-day, & $30B reopened 42-day Bills
NY Fed CEO Williams V-speech to AEA Annual Meeting on Monetary-Fiscal Nexus w/Ultra Low Interest Rates (3:45pm est)
API weekly Crude Report (w/e Jan 1st)
    OVERNIGHT into US Wed. a.m. et:
        Aussie Dec Markit Services/Composite PMI
        RBA (Aussie) Chart PAck
        Hong Kong Dec Markit PMI
        Japan Jibun Bank Dec Services/Composite PMI, Dec Consumer Confidence
        China Caixin Dec Services/Composite PMI
        India Dec Markit Services PMI
        UK Dec Fx Reserves  (7:00 gmt)
        UK Treasury Select Cmte Dec Financial Stability Report
        EU, France, Germany, Italy Dec CPI/HICP
        EU, France, Germany, Italy Spain Markit Dec Services/Composite PMI
        UK Markit/CIPS Dec Services/Composite PMI
        EU Nov PPI
        Irish Dec Unemployment Rate
Wed.      Jan 06 US weekly MBA Mortgage Purchase/Refinance Applications
Joint Session of Congress Meets to Accept Electoral College Vote for President

ECB Qtrly Publication of Consolidated Financial Statement of the Eurosystem
Brazil Markit Dec Services/Composite PMI
Modernizing the CRA (Philly Fed 2pm webinar)
US ADP Dec Employment Change
US Markit Dec Services/Composite PMI
US Nov Factory Orders
EIA weekly Petroleum/Gasoline/Distillates/Refinaneries Report (w/e 01/01/21)
FOMC Minutes of Dec. 15--16, 2020 Meeting
    OVERNIGHT into US Thurs. a.m. et:

        Japan Nov Avg Cash Earnings
        BoJ Bond & Stock Transactions w/Government & Markets
        Aussie Nov Trade Balance, Building Permits, ANZ Dec Job Ads
        China Dec Trade Balance, Fx Reserves
        German Nov Factory Orders

        Swiss Nov Retail Sales
        Eurozone, French, German,  Italian Dec Construction PMI
        Hong Kong Dec Fx Reserves
        UK Dec Construction PMI, Dec 2020 Monthly Decision Maker Panel Data
        EU, France, Italy Dec CPI/HICP, Economic/Industrial/Services Sentiment, Nov Retail Sales
        Mexico Dec CPI
Thurs.    Jan 07 Challenger Dec US Job Cuts
BoE's Hauser speaks @Thomson  Reuters Newsmaker, then Q&A w/Reuters (14:00 gmt)
US weekly Initial Jobless Claims (last 797K)/Continuing Claims
Brazil Dec Car Production/New Car Registrations
US Nov Trade Balance
Mexico Monetary Policy Cmte Meeting Minutes
US Dec non-Mnftg ISM/Employment/New Orders/Prices
EIA weekly Natural Gas Report (w/e 01/01/21)
US Treasury Auctions 4-, & 8-week Bills (values not announced at post)
    OVERNIGHT into US Fri. a.m. et:
        Japan Nov Household Spending
, Dec Fx Reserves
Friday,   Jan 08 US Dec. Unemployment Report/Change/Participation/Wages
Breakfast w/The Fed: How Superstar HQ Selections Affect Local Housing (9am ct)
Fed V.Ch. Clarida on 'US Economy & Monetary Policy' @Council of Foreign Relations V-Meeting (11am et)
Extended Deadline for Main Street Lending Apps Submitted by 12/14/2020
Sat.         Jan 09
Sun.        Jan 10     OVERNIGHT into US Mon. a.m. et:
        Aussie TD-MI Dec Inflation Gauge, Nov Retail Sales
        China Dec CPI & PPI
        Spain Nov Industrial Production
        Mexico Nov Industrial Production
        BCB Focus Market Readout
Mon.      Jan 11 BoE's Teneyro on "Let's Talk about Negative Interest Rates" (published 14:00 gmt)
ECB Pres Lagarde panel@France, U.N., + World Bank One Planet Summit for biodiversity (15:40 cet; Paris FR)
BoE's dir of FinMarket Intrastructure webinar on forthcoming consultation on Supervision of International Banks (15:00 gmt)
US Treasury Auctions $54B 3-, & $51B 6-month Bills
US Treasury Auctions $58B 3-year Notes
BoC (Canada) Business Outlook Survey
Virtual Town Hall with Dallas Fed CEO Robert S Kaplan   (5pm, Webcast Live)
Japanese Holiday
      OVERNIGHT into US Tues. a.;m. et:
         Japan Dec Bank Lending, Nov Current Account, Eco Watchers Dec  Outlook
         Italy Nov Retail Sales
         BoE's Broadbent: "Covid & the composition of spending" (10:00gmt)
         So. Africa Nov Manufacturing Production, Total 2020 Vehicle Sales
         India Nov Industrial & Mnftg Production, Dec CPI
         Mexico Oct Gross Fixed Investment
         Brazil Dec CPI, IPCA Inflation Index
Tuesday, Jan 12 NFIB Dec Business Optimism Index
Redbook weekly store sales snapshot
Fed Gov Brainard on A.I. & Financial Services @FRB A.I. V-Symposium (9:35am)
US Nov JOLTS (Job Openings & Quits)
Conference Board's Dec Employment Trends  Index
US Treasury Auctions $30B reopened 119-day & $30B reopened 42-day Bills
Fed's Bostic, Kaplan, Kashkari
& Rosengren speak @Racism & the Economy focus on Education (11am et)
US Treasury Auctions $38B reopened 10-year Notes
Boston Fed CEO Rosengren 2021 Economic V-Overview to Greater Boston Chamber of Commerce (2pm et)
    OVERNIGHT into US Wed. a.m. et:
        So. Korea Dec Unemployment Rate
        Japan Dec Machine Tool Orders
        German Dec Wholesale Prices
        ECB Pres Lagarde Q&A @Reuters Next V-Event  (10:00 cet; thru 14th)
        Italy Nov Industrial Production
        Eurozone Nov Industrial Production
        Brazil Nov Service Sector Growth, Fx Flows
Wed.       Jan 13 MBA weekly Mortgage Purchase/Refinance Applications (w/e 01/08)
US Dec CPI/Core CPI
FRB Chicago 27th Annual Automotive Insights V-Symposium (9:30am)
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (w/e 01/08)
Fed Gov Brainard "The Economic Outlook & Full Employment @CABE(1pm et)
US Treasury Auctions $24B reopened 30-year Bonds
Minneapolis Fed 2021 Regional Economic Conditions Conference
Fed Reserve Beige Book  (2pm et)
US Treasury Dec Budget Statement
Fed V.Ch Clarida discusses FRB's New Framework: Context & Conequences (3pm)
    OVERNIGHT into US Thurs. a.m. et:
        So. Korea Dec Import/Export Prices
        New Zealand Nov Building Permits
        Japan Nov Machinery Orders, Dec PPI
        Aussie Nov Building Permits
        UK RICS Dec House Price Balance
        China Dec Trade Balance, FDI, Vehicle Sales
        India Dec Mnftg, Food, Fuel Inflation
        China Dec New Yuan Loans, Total Loans Outstanding, M2, Total Social Financing
        German 2020 GDP, Government Budget Balance
        Russia Dec Vehicle Sales
        Account of ECB MPC Governing Council Meeting Dec. 09--10, 2020        
Thurs.    Jan 14 BoE's Breeden V-briefing 'How the BoE is supporting Climate Action' (13:00 gmt)
US weekly Initial Jobless Claims/Continuing Claims
US Dec Import/Export Prices
EIA weekly Natural Gas Report (w/e 01/08)
US Treasury Auctions 4-, & 8-week Bills (values not announced at post)
Climate, Wildfire & Air Pollution V-Event   + Climate Economics (11am)
Atlanta Fed's Bostic on Supporting Small Business for Inclusive & Resilient Recovery
Conversation w/Fed Chair Jerome Powell @Princeton U Bendheim Ctr  (12:30pm et)
Climate Change Risk in Financial Markets: Advancing the Conversation in 2021
FedTalk 2021 Economic Outlook (noon webinar/FRB Cleveland)
Nat'l Tribal Listening Session on CRA Modernization V-Event (2pm ct)
    OVERNIGHT into US Fri. a.m. et:
        New Zealand Dec Electronic Card Sales
        Aussie Nov Home Loans, Investment Lending for Homes
        So. Korea MPC Interest Rate Decision, Dec Trade Balance
        China Dec House Price Index, Consumer Confidence
        Indonesia Dec Trade Balance
        Japan Nov Tertiary Industry Index
        UK Nov GDP, Trade Balance, Construction Output, Industrial/Mnftg Production, Index of Services
        France Nov Budget Balance, Dec CPI/HICP
        Spain Dec CPI/HICP
        Eurozone Nov Trade Balance, Dec Fx Reserves
        India Dec Bank Deposit & Loan Growth, Fx Reserves, Trade Balance
        Brazil Nov Retail Sales, IBC-BR Economic Activity
        ECB's Enria keynotes Banca d'Italia "The crisis management framework for banks in the EU" (10:10 cet)
        Russia Nov Trade Balance, Dec Fx Reserves
Friday,   Jan 15 US Dec Retail Sales/Retail Inventories
US Dec PPI/Core PPI

UK NIESR Dec GDP Tracker
NY Fed Empire State Jan Manufacturing Index
Breakfast w/Fed: COVID-19 Acceleration of Existing Trends in Labor Markets
US Dec. Industrial + Manufacturing Production/Capacity Utilization
US Nov Business Inventories
U.M. Prelim Jan Consumer Sentiment/Current Conditions/Expectations
Baker-Hughes weekly US/No. Am. Oil/Total Rig Count (1pm et)
Sat.,       Jan 16
                                                     
       WEEKS AHEAD:
 
                              01/18/2021    Martin Luther King Jr Holiday US Markets Closed
                       01/20--21/2021    BoJ MPC Meeting + Preess Conference
                              01/21/2021    ECB MPC Meets + Press Conference
                       01/26--27/2021    FOMC Meets + Press Conference
                              02/04/2021    BoE MPC Meets

*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), Christopher Waller (confirmed 12/03/20), plus New York Fed Pres, currently John Williams. 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