wall street in advance

February 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,  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
US Dec TICS

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
US Jan PPI/Core PPI

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)
See 02/24 for Dallas Fed Event rescheduled due to power outage
    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
Fed's Rosengren
"Perspectives on the Eventual Economic Recovery" @Yale Eco Development Symposium: "Rebuilding for an Inclusive Economy"
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 Spring Festival
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
        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
Sat.,       Feb 27     OVERNIGHT into US Sun. a.m. et
       China Caixin Feb Manufacturing PMI
                                                     
       WEEKS AHEAD:
 
                  03/01   Boston Fed Racism & the Economy: Focus on Housing
                              Fed's Williams opens/closes NY Fed Webinar Series on Culture--Session 3 (9am est)
                  03/02   RBA (Aussie) MPC Meeting
                  03/03    Philly Fed Al Dia Roundtable: Back to Work: Leveraging Your Skills
                  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