wall street in advance

February 2021  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:
Sun.       Feb 07     OVERNIGHT into US Mon. a.m. et:
       China Jan Fx Reserves/Trade Balance in US $'s

       Japan Jan Bank Lending, Dec Current Account
       German & Spanish Dec Industrial Production
       Taiwan Jan Trade Balance
       Swiss Jan Unemployment Rate
       Mexico Jan Auto Production/Exports
       New Zealand National Day Holiday (02/08 local time)
       BoE Gov Bailey @V-Treas. Select Cmte on Regulation of London Capital & Finance
       ECB Pres Lagarde participant in debate on 2019 ECB Annual Report at Parliament
Mon.      Feb 08 Conference Board's Jan Employment Trends
US Treasury Auctions $54B 3-, & $51B 6-month Bills
    OVERNIGHT into US Tues. a.m. et:
        Japan Dec Avg Cash Earnings/Overtime
        Aussie NAB Business Confidence
        UK BRC Jan Retail Sales
        New Zealand Q1 Business Inflation Expectations
        Japan Jan Machine Tool Orders
        German Dec Trade Balance
, Current Account
        Riksbank (Sweden) Interest Rate Decision
        ECB publishes Conoslidated Financial Statement of Eurosystem
        Italy Dec Industrial Production
        ECB's Lane panelist at Irish Fiscal Advisory Council V-Conference (16:00 cet)
Tuesday, Feb 09 US NFIB Jan (small) Business Optimism Index
Redbook weekly store sales snapshot
FRB Dec JOLTS (Job Openings/Quits)
US Treasury Auctions $30B reopened 119-day & $30B reopened 42-day Bills
US Senate Trial of former Pres Trump's late-term Impeachment Charge of Inciting Sedition Jan. 6th, when the Capitol was overrun by supporters he induced to rampage
WASDE (Ag) Report
US Treasury Auctions $58B 3-year Notes
    OVERNIGHT into US Wed. a.m. et:

        So. Korea Jan Unemploymment Rate
       Japan Jan PPI
       Aussie Dec Building Permits, HIA Jan New Home Sales
       China Jan CPI & PPI
       German Jan CPI/HICP

       France Dec Industrial Production
       Riksbank Monetary Policy Report
       UK Dec Trade Balance
(Brexit-disrupted last minute boost?)
       Brazil Dec Retail Sales
       ECB's Panetta speaks at V-seminar via  Bruegel (14:00 cet)
       ECB's Lagarde  participates in The Economist webinar (14:00 cet)
       BoE's Alex Brazier leaves Financial Policy Cmte
Wed.      Feb 10 MBA weekly Mortgage Purchase/Refinance Applications
US Dec Wholesale Inventories
BoE Gov. Bailey
on case for open financial statement at Mansion House (17:00 gmt)
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am et)
Bk of Canada Gov Lowe speaks
US FY21 Budget Plan (expected) Release + Jan Budget Deficit
US Treasury Auctions $41B 10-year Notes
FOMC Chair Powell 'State of the US Labor Market' @Economic Club of NY (2pm et)
US Treasury Jan. Budget Statement
    OVERNIGHT into US Thurs. a.m. et:
       New Zealand Jan Electronic Card Spending
       China New Year Celebrations National Day
       IEA Monthly Oil Market Report

       UK RICS Jan House Price Index
       ECB VP de Guindos speaks on Housing thru CVID-19 @Europa Press & ASVAL (Spanish residential landlords ass'n; 02/11 local time; 9:00  cet)
       So. Africa Q4 Unemployment Rate, Dec Mining/Gold Production, Mnftg Production
       Mexico Dec Industrial Production
       Russia Dec Trade Balance (includes Oil Exports)
Thurs.    Feb 11 US weekly Initial Jobless Claims/Continuing Claims
EIA weekly Natural Gas Stockpiles (10:30am et; w/e 02/05)
Minneapolis Fed Regional Economic Conditions: General Biz Survey w/Q&A (9am ct)
Fed Semi-Annual Monetary Policy Report to Congress
US Treasury Auctions 4- & 8-week Bills (values disclosed mid-week)
So. Africa State of the Nation Address
US Treasury Auctions $27B 30-year Bonds
Banco de Mexico Interest Rate Decision (Current 4.25%)
Separate Holidays in Japan, So. Korea, China (includes Hong Kong, Taiwan)
Evening w/K.C. Fed "Climate Risks & the Economy" (5pm)
    OVERNIGHT into US Fri. a.m. et:
        New Zealand Jan Business PMI, Food Inflation,
        Chinese New Year (02/12 local time)
        Norway Q4 GDP
        Eurozone Dec Industrial Producgtion
        UK Dec/Q4 GDP/Biz Investment
/Construction Orders/Output, Dec Trade Balance, Construction Output, Industrial + Manufacturing Production
        Russia Interest Rate Decision & CBR Press Conference (current 4.25%)
        India Bank Loan/Deposit Growth, Fx Reserves, Dec Industrial + Mnftg Production
Friday,   Feb 12 Chinese (includes HK & Taiwan), So. Korea. Singapore New Year Holiday
Canada Jan PPI, Dec Wholesale Sales
Fed's Wiliams w/Peter Orszag, Rob Rubin & Joe Stiglitz @Eco Club NY (10am est)
UK NIESR Jan GDP Tracker
U.M. Feb (Prel) Consumer Sentiment/Inflation Expectations
Bk of Canada Senior Loan Officer Survey
Baker-Hughes weekly US/No.Am Total/Oil Rig Count (1pm et)
Sat.,       Feb 13 French Unemloyment Rate
Three-Day Weekend in US
Sunday,  Feb 14 Valentine's Day
    OVERNIGHT into US Mon. a.m .et:

        Japan 20Q4 GDP/CapEx/External Demand/Private Consumption
        Thailand Q4/FY20 GDP
        Japan Dec Industrial Production/Capacity Utilization
        India Jan Inflation
        UK Rightmove House Price Index
        Eurozone Dec Trade Balance, Industrial Production
        India Jan Trade Balance
        ECB Pres Lagarde & Panetta video attendance @Eurogroup Meeting (13:25 cet)
Monday, Feb 15 Washington's Birthday Holiday--US Markets Closed
Greater China, So. Korea, Sngapore New Year Holiday
Canada Family Day Holiday
Brazil Carnivale Holiday
Canada Dec Manufacturing Sales, New Motor Vehicle Sales
Russia Jan Industrial Production
    OVERNIGHT into US Tues. a.m. et:
        RBA (Aussie) Meeting Minutes,
HIA Jan New Home Sales
        Japan Dec Tertiary Industry Index
        China Spring Festival/Lunar New Year Celebrations Continue
         UK 20Q4 GDP
         France 4Q20 Unemployment Rate
         Italian '20 Dec Trade Balance
         Russia Jan Industrial Production
         Eurozone 20Q4 GDP (2nd est.), Employment/Change, ZEW Feb Economic Senti- ment/Expectations
         German Feb ZEW Economic Sentiment Index/Expectations
         ECB MPC de Guindos video participant @Eurogroup Mtg (13:25 cet)
Tuesday Feb 16 NY Fed Empire State Feb Manufacturing Index
Canada Jan Housing Starts, Foreign Security Purchases, Dec Manufacturers Sales
Fed Gov. Bowman on Community Bank Regulation/Supervision @ABA Community Bankers Ass'n Annual Meeting(11am)
US Treasury Auctions $54B 3-, & $51B 6-month Bills
US Treasury Auctions $30B 119-day & $30B 42-day Bills

Greater China Spring Festival
Brazil Carnivale
    OVERNIGHT into US Wed. a.m. et:
         New Zealand Global Dairy Trade Price Index
        Japan Feb Reuters Tankan Index, Jan Trade Balance, Dec Machinery Orders
        Singapore Jan Trade Balance ex-Oil
        RBA (AUD) Ass't Gov Kent speech
        UK Jan CPI/Core CPI, PPI/Core PPI, RPPI
        French, German, Italian Jan Car Registrations
        Eurozone Jan Construction Output
Wed.      Feb 17 MBA weekly Mortgage Purchase/Refinance Applications (w/e 02/12)
ECB MPC McCaul roundtable on NPLs & EU Bad Bank "Overcoming post-COVID-19 debt overhang hosted by Positive Money (15:00 cet)
Redbook weekly store sales snapshot
US Jan Retail Sales

Canada Jan CPI/Core CPI
Boston Fed's Rosengren on Fiscal, Monetary & Economic Challenges Post-Pandemic Economy (9:15am est)
US Jan Industrial/Manufacturing Production/Capacity Utilization
US Dec Business & Retail Inventories
NAHB Feb Housing Market Index

BoE's Dpty Gov Ramsden@Peter Sinclair Town Hall Lecture Series (Univ of   Birmingham)
Fed's Daly @FedTalk: Connecting the Dots..Redlining & CRA in the Community (noon)
St Louis Fed Bold Responses to the Racial Wealth Gap (1pm ct)
Dialogue w/the S.L.Fed: COVID-19's Impact on the St Louis Regional Economy (1pm ct)
S. L. Fed Women in Economics V-Symposium (8pm ct thru 18th)
US Treasury Auctions $27B 20-year Bonds
FOMC Jan. 26/27 Meeting Minutes Released (2pm et)
Fed's Kaplan Global Perspectives w/Dallas Mayor Mike Rawlings (5pm)
    OVERNIGHT into US Thurs. a.m. et:
        Aussie Jan Unemployment Rate/Change/Full-/Part-time/Participation
        EU Jan New Car Registrations
        Swiss Jan Trade Balance/Watch Exports
        Indonesia Feb Deposit/Lending Facility Rate
        Hong Kong Jan Unemployment Rate
        Bundesbank's Wuermeling speaks
        Indonesia Jan Car & Motobike Sales
        ECB Account of Jan 20/21, 2021 Monetary Policy Meeting (13:30 cet)
        BoE Labour Market Survey Launch @Resolution Foundation
Thurs.    Feb 18 US Gov Brainard on Climate Change @Institute for Int'l Finance (8am et)
US Weekly Initial Jobless Claims/Continuing Claims
US Jan Housing Starts/Building Permits

Canada Jan New Housing Price Index, ADP Employment Change
Minneapolis Fed Regional Economic Conditions: Manufacturing (9am ct)
Philadelphia Fed Feb Manufacturing Index/Employment/CapEx/New Orders/Prices
US Jan Import/Export Prices
EIA weekly Natural Gas Stockpiles (02/12 delayed by Mon. holiday)
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (w/e 02/12; 11am et)
ECB's Schnabel on "Money & Banking" v-class @Chicago Booth School of Biz (17:15 cet)
V-Seminar on Climate Economics: Uncertainty & Climate Change (11am est)
US Treasury Auctions 4-, & 8-week Bills (values to be announced mid-week)
Russia Dec & Jan GDP, Jan Retail Sales, Unemployment Rate
US Treasury Auctions $9B 30-year TIPS
Richmond Fed's Barkin opens District Dialogue: 'Understanding the Disparities: The Causes" (1pm et)
    OVERNIGHT into US Fri. a.m. et:
       Aussie Markit Feb Manufacturing & Services PMI
       Japan Jan CPI/Core CPI
       UK Feb GfK Consumer Confidence
       Aussie Jan Retail Sales, Wage Price Index
       Japan Jibun Bank Feb (flash)   Mnftg/Services/Composite PMI
       German Jan PPI
       UK Jan Retail Sales/Core Retail Sales

       Swiss Q4 Industrial Production
       EU, France, Germany, Italy Feb (flash) Markit Mnftg/Services/Conmposite PMI
       Riksbank (Sweden) MPC Meeting Minutes
       Eurozone Dec Current Account
       Eurozone, France, Germany, Italy Jan CPI/HICP
       UK Markit/CIPS Feb (flash) Mnftg/Services/Conmposite PMI
, CBI Industrial Trends Orders, Jan Public Sector Net Borrowing/Cash
       ECB MPC Fernandez-Bollo V-seminar Florence School of Banking & Finance Bank Board Academy for Non-Executive Directors: "Better Boards for Better Banks?" (13:00)
        Brazil Jan Federal Tax Revenues
Friday,   Feb 19 Canada Dec Retail Sales/Core Retail Sales
US Pres. Biden addresses G7
US Markit Feb Manufacturing/Services/Conposite (flash) PMI
US Jan Existing Home Sales

Baker-Hughes weekly No. Am./US Oil/Total Rig Count (1pm et)
Sat.        Feb 20 Greater China, Singapore, So. Korea Lunar New Year Celebrations/Spring Festival
                  02/22   A Conversation w/NY Fed Pres. John Williams webinar (3pm One Hundred Black Men of NY)
                  02/23   RBNZ (New Zealand) MPC Meets
                  02/24   K.C. Fed Midwest Anti-Money Laundering V-Conference  (9:30am)
                  03/01   Boston Fed Racism & the Economy: Focus on Housing
                  03/02   RBA (Aussie) MPC Meeting
                  03/04   Richmond Fed District Dialogues-Understanding the Disparities: The Effects (1pm et)
                  03/10   BoC (Canada) MPC Meeting
                  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