wall street in advance

September 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.,    Sept 05     OVERNIGHT into US Mon. a.m. et:
       German Jul Factory Orders

       EU,France, Germany Italy Aug Construction PMI
       UK Aug New Car Sales, Construction PMI
       German Aug New Car Registrations
       Mexico Aug Auto Production/Exports
, June Gross Fixed Ivestment
       German July Factory Orders
      
Mon,    Sept 06 US Labor Day Holiday--ALL US MARKETS CLOSED
Canada Labor Day Holiday
Rosh Hashana, Jewish New Year starts at Sundown
    OVERNIGHT into US Tues. a.m. et:

        Japan July Avg Cash Earnings, Household Spending, Aug Fx Researves
        China Aug Trade Balance (Exports/Imports), Fx Reserves
        German July Industrial+Mnftg  Production
        UK Halifax Aug Home Price Index
        Taiwan Aug Trade Balance, CPI, PPI
        EU ZEW Sept Economic Sentiment Index, Q2 GDP (3rd) Estimate, Q2 (fin) Employment Change
        German ZEW Economic Sentiment/Current Conditions

        So. Africa Q2 GDP
        UK BBA Aug Mortgage Rate
        LMI Logistics Managers Current Index (Usually Wed.)
        Russia Aug Vehicle Sales, Fx Reserves
        BoE/Korean Development Institute 'G20 Global Financial Stability Conference'   (Hybrid 10 kst/6:10am bst )
Tues.,  Sept 07 US Treasury Auctions $51B 3-, & $48B 6-month Bills
BoE FPC Lovell panelist @Encore Media Grp Blockchain Expo Global' (1pm bst)
US Treasury Auctions $45B reopened 21-day, $34B 52-week Bills +$58B 3-year Notes
    OVERNIGHT into US Wed. a.m. et:

       Japan Q2 GDP Annualized/CapEx/Prices/Private Consumption, Aug Bank Lending, July Current Account
       RBA (AUD) Chart Pack
       ECB MPC af Jochnick on 'Managing Uncertainty'
@Handelsblatt Banking Summit
       French Q2 Unemployment, July Trade Balance, Current Account
       ECB's McCaul V-debate on 'Finalisation of Basel III Framework," view from BCBS via The Kangaroo Grp (13:00 cet)
       Italy July Retail Sales
Wed.   Sept 08 MBA weekly Mortgage Purchase/Refinance Applications
ECB's Fernandez-Bollo panelist on 'Climate & sustainability risks: implicatons in the banking sector' @EuroFin Forum (Slovenia 15:45 cet)
Redbook weekly store sales snapshot
Bk of Canada Interest Rate Decision, Ivey Aug PMI
US July JOLTS (Job Openings/Quits)
BoE's Bailey, Broadbent, Ramsdem, Tenreyro & Hall testify @Treas. Select Cmte on July Financial Stability Report & Aug Monetary Policy Report (4pm bst)
Brazil Aug Car Production/New Car Registrations
US Treasury Auctions $38B reopened 10-year Notes
NY Fed's Williams
keynotes 'Economic Outlook' & V-Q&A St Lawrence Unv (1:10pm)
Fed Reserve's Beige Book (2pm et)
FRB July Consumer Credit (3pm et)
API weekly crude report
V-Town Hall w/Dallas Fed's Kaplan on Eco & monetary poicy (5pm)
    OVERNIGHT into US Thurs. a.m et:
         New Zealand Q2 Manufacturing Sales
         China Aug CPI + PPI
         German July Trade Balance, Current Account
         Japan Aug Machine Tool Orders

         Mexico Aug CPI/Core CPI
         So. Africa July Manfuacturing Production
         ECB's Enria speaks @EuroFin Forum (13:30cet Slovenia)
         ECB's Fernandez-Bollo panelist on 'Banking fragmentation & consolidation: are prospects improving for single banking market?' (Slovenia 13:45 ct)
         ECB post-Meeting Deposit Facility/Interest Rate/QE Decisions (13:45 cet)
         ECB post-Meeting Pres Lagarde Press Conference
(noon cet)
Thurs.  Sept 09 US weekly Initial Jobless Claims/Continuing Claims
ECB's Fernandez-Bollo
chairs panel on 'Improving EU bank crisis mngmnt framework'@EuroFin Forum (Slovenia 14:45 cet)       
Chico Fed V-'Exploring Career Pathways in Economics & Related Fields' (10am ct thru 10th)
EIA weekly Natural Gas Draws/Injections/Stockpiles (10:30am et)
EIA weekly Petroleum/Gasoline/Distillates/Storage Report  (11am et)
SF Fed V-UCal Santa Barbara 'Spatial Correlation, Trade & Inequality: Evidence from the Global Climate' (11am et; 8am pt; 5pm Berlin)
ECB staff macroeconomic projections for euro area (noon cet)
US Treasury Auctions 4-, & 8-week Bills (values announced mid-week)
US Treasury Auctions $24B reopened 30-year Bonds
Fed Gov Bowman on "Community Bank Access
to Innovation" @ABA Fall Gov't Relations Council Meeting (1pm et)
Atlanta Fed 'Racisn & Economy: Focus on Health" (2pm et) from all 12 district banks
Philly Fed's Harker opens V-'New Perspectives on Consumer Behavior Credit/Payments' (thru 10th)
    OVERNIGHT into US Fri. a.m .et:
        New Zealand Aug Electronic Card Spending, July Visitor Arrivals
        AUD Sept Consumer Inflation Expectations
        German Aug CPI/HICP
        UK July GDP, Trade Balance,
Construction Output, Industrial/Muftrg Production
        France, Italy, Spain Industrial Production
        Russia Interest Rate Decision, CenBk Press Conference
        Mexico July Industrial Production
        India Bank Deposit/Loan Growth, Fx Reserves, Jul Industiral/Mnftg Production
        Brazil Jul Retail Sales
        ECB's Fernandez-Bollo speaks @Deutsche Bundesbank's Univ. of Applied Sciences 9th Regulatory Conference (11:05 cet)
        ECB Pres Lagarde post-Eurogroup Slovenia Meeting press conference (11:30 cet)
        ECB MPC Elderson speaks @Global Workshop on Climate Scenario Analysis & Testin via Network for Greening the Financial System & BoE (12:10 cet
        ECB Pres Lagarde & Panetta participate @Eurogroup Meeting Ljubijana, Slovenia
Friday, Sept 10 US Aug PPI./Core PPI
Canada Aug Unemployment Report
/Avg Earnings/Full-/Part-time/Participation, Q2 Capacity Utilization
MN Fed Regional Eco Conditiions: Construction Sector Activity (9am ct)
Russia July Trade Balance
UK NIESR Aug GDP Tracker
US July Wholesale Inventories
WASDE (crop) Report

Baker-Hughes weekly No.Am./US Total/Oil Rig Count (1pm et)
Sat.,     Sept 11 ECB MPC V.P. de Guindos informal meetings @ECOFIN Meeting (Slovenia)
ECB MPC de Guindos post-Slovenia ECOFIN meeting in Slovenia (12:30 cet)
We'll NEVER FORGET Sept 11, 2001
Sun.,    Sept 12     OVERNIGHT into US Mon. a.m. et:
        Japan BSI Large Manuracturing Q3 Conditions, Aug PPI
        China Aug Foreign Direct Investment, Outstanding Loan & Social Financing
        German Aug Wholesale Prices
        Hong Kong Q2 Industrial Production
        G20 Finance & Central Bank Deputies Meet (Naples, Italy)
        IFABS 2021 Oxford Conference BoE FPC Hauser speaker on 13th (thru 15th)
Mon.,   Sept 13 ECB Pres. Lagarde conversation with Martin Wolfe @Aspen Int'l Conf on "Why post-Covid recovery needs women: empowerment, financing & rights." (15:30 cet)
US Treasury Auctions $48B 3-, & $45B 6-month Bills
US Treasury Aug Monthly Budget Statememt
    OVERNIGHT into US Tues. a.m. et:
        AUD Q2 House Price Index, Aug NAB Business Confidence Survey
        Japan July Industrial Production/Capacity Utilization
        UK Jun Unemployment Rate/Change/July Avg Earnings, Aug Claimant Count

        Swiss Aug PPI
        IEA Monthly Oil Marlet Report
        So. Africa July Mining/Gold Production
        ECB MPC Fernandex-Bollo keynotes Euromeny/ECBC Covered Bond Congress
        Brazil July Service Sector Growth
Tues.,  Sept 14 NFIB Aug Business Optimism Index
US Aug CPI/Core CPI
Canada July Manufacturing Sales
Redbook weekly store sales snapshot (Labor Day boost?)
API weekly crude report
    OVERNIGHT into US Wed. a.m. et:
        Japan Reuters Tankan Sept Index,
July Machinery Orders, Tertiary Industry Index
        AUD Aug HIA New Home Sales, Westpac Sept Confumer Confidence Index
        So. Korea Aug Unemployment rate. Trade Balance
        China NBS Presser: Aug House Price Index, Fixed Asset Investment, Industrial Production, Retail Sales, Unemployment Rate
         UK Aug CPI/Core CPI, PPI/Core PPI (Input/Output), Retail  & House Price Index
         EU, France, Germany, Italy Aug CPI/HICP
         EU July Industrial Production, Q2 Labour Cost Index/Wage Growh
         ECB MPC Schnabel remarks @ECB Covered   Bond Market V-Conference (14:30)
         Indonesia Aug Car/Motorbike Sales
       
Wed    Sept 15 MBA weekly Mortgage Purchase/Refinance Applications
India Aug Trade Balance
Philly Fed Community Development Rural Policy V-Summit: Education (9am)
NY Fed Exec VP Held Keynotes @ISDA Swaps & Derivatives Ass'n Part III (9:10am et)
US Aug Import/Export Prices
NY Empire State Fed Sept Manufacturing Index
Canada Aug CPI/Core CPI, July New Motor Vehicle Sales
NY Fed Exec VP Market Ops Future for Benchmarks @ISDA Part III (noon edt)
ECB MPC Lane on "ECB's Monetary Policy Strategy Review" @IMFC policy webinar (17:00 cet)
US Aug Industrial Production/Capacity Utilization
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report
(10:30am et)
NY Fed 1st VP Hassan opens '4th Trimester & Beyond: The Case for Broad Investments in Maternal & Child Health' NY Fed/NYU Nursing/NYC Dept of Health/R W Wood Foundation webinar  
Philly Fed 'Ask the Fed: Sealed CECL Allowance for Lossses Estimator' webinar 2pm
S.L. Fed 'Saving the Environment w/Economic Ideas' (4:30pm ct)
Yom Kippur, Highest Holy Day in Judaism Starts at Sundown
    OVERNIGHT into US Thurs. a.m. et:

        New Zealand Q2 GDP
        Japan Aug Trade Balance
        AUD Aug Unemployment Rate/Change/F-/Part-time/Participation
        RBA (AUD) Bulletin
        EU Aug New Car Registrations
        Hong Kong Aug Unemployment Rate (when to be consolidated with China?)
        Swiss SECO Economic Forecasts
        EU July Trade Balance

        ECB Pres Lagarde @1st Edition "HEC Talks," hosted by Ecole des hautes etudes commerciales de Paris/EU League for Eco Cooperation (14:00 cet)
Thurs. Sept 16 US weekly Initial Jobless Claims/Continuing Claims
Canada Aug Housing Starts, Foreign Securities Purchases, Wholesale Sales
US Aug Retail Sales
Canada Aug ADP Employment Change
Philly Fed Sept Manufacturing Index/CapEx/New Orders/Prices/Employment
US July Business Inventories
EIA weekly Natural Gas Draws/Injections/Stockpiles (10:30am et)
US Treasury Auctions 4-, & 8-week Bills (v alues announced midweek)
US July TICS
Yom Kippur, Highest Holy Day in Judaism, ENDS @Sundown
    OVERNIGHT into US Fri. a.m. et
        Japan Aug Naional CPI/Core CPI
        Singapore Aug Trade Balancre
        UK Aug Retail Sales
        EU July Current Account, Aug CPI/Core CPI, Jul Construction Output
Friday,Sept 17 U.M. Prelim Sept Consumer Confidence/Inflation Expectations
Baker-Hughes weekly US/No.Am. Oil/Total Rig Count (1pm et)
Sat.,    Sept 18 
                                                     
       WEEKS AHEAD:

          09/21--22  FOMC Meets
                 09/22  FOMC post-Meeting Statement, Chief Powell Press Conference
                              BoJ MPC Meets
                  09/23   BoE FPC Meets
                              SNB MPC Meets
             09/28-29    Fed's Bostic @Chicago Fed 21st Payments Symposium 
                               K.C. Fed--Fed Reserve System Community Banking Innovaion Program (thru 30th)
                  09/29    Power to Tax: Addressing Economic (Dis) parity in Indian Country (noon ct)
                              Financial Technology V-Summit on Cloud Computing: Continuing the Conversation' (9am)
             10/4--06    Boston Fed "Racial Disparities in Today's Economy"
                  10/06    Chico Fed "Charging Ahead w/Electrification--Conversation About the Auto Industry"   (10am ct)
            10/06--07  Banking & the Economy: V-Forum for Women in Banking (thru 7th)
            10/07-08   Boston Fed Stress Testing Research Conference

*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 (term expires Oct '21), Gov. 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