wall street in advance

November/December 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.,       Nov 21     OVERNIGHT into US Mon. a.m. eet:
        PBoC sets Prime Loan Rate

        Hong Kong Oct. CPI
        Spain Trade Balance
Mon,       Nov 22 Chicago Fed Oct National Activity Index
Canada Wholesale Sales
US Oct Existing Home Sales
US Treasury Auctions 2-, & 5-year Notes

US Treasury Auctions 3-, & 6-month Bills
    OVERNIGHT into US Tues. a.m. et:
        New Zealand Q2 Retail Sales
        AUD Mnftg/Services PMI
        Japan Holiday
        EU, French, German, Markit Mnftg/Services/Composite PMI
        ECB's Hakkarainen speaks
        UK Markit Oct Mnftg/Services/Composite PMI
        BoE FPC Haskel speaks
Tues.,    Nov 23 US Markit Nov Manufacturing, Services, Composite PMI
Canada Q2 Corporate Profits
Richmond Fed Manufacturing Index
US Treasury Auctions 7-year Notes
Bk of Canada Dpty Gov Beaudry speaks
ECB's de Guindos speaks
API weekly Crude Report
    OVERNIGHT into US Wed. a.m. et:
        RBA (AUD) Ass't Gov Bullock speaks

        So. Korea Dec BSI Index
        Singapore Prelim Q3 GDP
        RBNZ (New Zealand) Interest Rate Decision/Monetary Policy Report
        Swiss Nov ZEW Survey-Current Conditions/Expectations
        German Ifo & ZEW Surveys--Current Conditions/Expectations
        ECB MPC Panetta speaks
        UK CBI Industrial Trends/Orders
Wed.     Nov 24 US weekly Initial Jobless Claims/Continuing Claims
MBA Mortgage Purchase/Refinance Applications, Mortgage Rates
US Q3 (P) GDP, Corporate Profits, Household Spending, PCE, Wholesale Inventories
BoE FPC Tenreyro Speaks
US Oct Durable Goods Orders/Shipments
U.M. Nov. Consumer Sentiment
US Oct New Home Sales
US Oct Personal Income/Spending

US Treasury Auctions $40B Reopened 119-day & $60B 14-day Bills
US Treasury Auctions $10B 4-week & $25B 8-week Bills
ECB MPC McCaul speaks
EIA weekly Petroleum/Gasoline/Distillates/Refineries 
FOMC Nov. 02--03 Meeting Minutes Released
Thurs.   Nov 25 Thanksgiving Holiday in US
    OVERNIGHT into US Fri. a.m. et:
        Singapore Oct Industrial Production
        Swiss Q3 (P) Unemployment, GDP
Friday,  Nov 26 Black Friday--BIG Shopping Day online & Offline
US Equity Markets Close Early--1pm et

ECB Pres. Lagarde Keynotes, and ECB's Schnabel, Panetta & de Guindos speak @ECB Legal Conference--"Continuity & change--How the chalenges of today prepare the ground for tomorrow"
China Oct/YTD Industrial Profits
Sat.,      Nov 27 Big Shopping Weekend in US --online & offline
Sun.,      Nov 28 Cyber Monday Deals Underway--Globally
ECB MPC Panetta interviewed @Festa dell'Ottimismo 2021 via iI Foglio
    OVERNIGHT into US Mon. a.m. et:
        Japan Oct Retail Sales
        AUD Q3 Biz Inventories, Corporate Operating Profits
        So. Africa Oct Private Sector Credit
        BoJ's Kuroda speaks
        BoE Oct Consumer Credit/Mortgage Approvals, M4 Money Supply, Nov Consumer Confidence/Expectations
        ECB's Enria opens Innovators Conference--Technology & Banking supervision connected
        ECB's Schnabel @Bundesveband der Deutschen Industrie
        ECB MPC Hakkarainen on "Reaping the advantages of supervisory technologies" @Supervision Innovators Conference
        EU, French, German, Italian Nov CPI/HICP, Biz/Industrial/Services Sentiment
        ECB's de Guindos speaks at Jt KPMG & Expansion Event
Mon.,    Nov 29 NAR Oct Pending Home Sales
FOMC Chief Powell & V.Ch. Brainard testify @Congress

Treas Sec'y Yellen speaks
ECB Pres Lagarde lecture at Colloquia on Science Diplomacy @Acadamia Nazionale del Lincel in Turin
Canada Oct IPPI, RMPI
US Treasury Auctions $57B 3-, & $51B 6-month Bills
Dallas Fed Nov Manufacturing Index
Bk of Canada Gov Macklem & member Scherman speak
NY Fed Pres. Williams & FOMC Chief Powell open "Introducing the New York Innovation Center" (3pm)
Cyber Monday--one of the biggest online shopping days of the year
    OVERNIGHT into US Tues. a.m. et:
        Fed Gov Bowman
speaks @V-Symposium on Indienious Economies: BoC Jt w/Tuto Cntr and RBNZ (5:05pm et)
        RBA Ass't Gov Debelle speaks
        So. Korea Oct Industrial/Services Production, Retail Sales
        Japan Oct Unemployment Rate, Nov Industrial Production, Construction Orders
        AUD Oct Housing Credit/Building Approvals/Q3 Net Exports
        China Nov Mnftg/non-Mnftg/Composite PMI
        Japan Oct Construction Orders, Housing Starts
        Singapore Q3 Biz Expectations
        French Q3 GDP, PPI, Consumer Spending
        Italian Q3 GDP
        Hong Kong Oct Retail Sales
        German Nov Unemployment Rate/Change
        So. Africa Q3 Unemployment Rate
        Brazil Oct Budget Balance, Trade Balance, Unemployment Rate
Tues.,   Nov 30 Canada Q3 GDP
FOMC Chief Powell testifies on Coronavirus & CARES Act (@US Senate Banking Cmte 10am et)
US Sept FHFA House Price Index
S&P/Case-Shiller Sept Home Price Index

Chicago Nov PMI
Dallas Fed Nov Services Revs & TX Services Sector Outlook
NY Fed Pres Williams opens "Combating Food Insecurity: What's Working--What's Scalable?" (10:30am est) 
US Treasury Auctions $34B 52-week & $30B reopened 21-day Bills
Fed V Ch Clarida on "Fed Reserve Independence: Foundations & Responsibilities" @Fed Bk of Cleveland (1pm et)
    OVERNIGHT into US Wed. a.m. et:
        AUD Nov AiG Manufacturing Index
        NZD Oct Building Consents
        Japan Q3 Capital Spending, Nikkei Nov Manufacturing PMI
        So. Korea Nov Trade Balance
        AUD Q3 GDP/Price Index/Final Consumption/CapEx
        German Oct Retail Sales
        EU, French, German, Italian Nov Manufacturing PMI
        China Caixin Nov Manufacturing PMI
        UK Nov Nationwide Home Price Index
        Swiss Nov CPI, procure.ch Nov PMI
        Brazil Nov Trade Balance
        ECB non-monetary policy meeting (Frankfurt)
Wed      Dec 01 MBA weekly Mortgage Purchase/Refinance Applications
US Nov Manufacturing PMI
So. Africa Nov Vehicle Sales
BoE Gov Bailey "Delivering Policy Protection in insurance regulation" (2pm release)
Brazil Markit Nov Manufacturing PMI  Nov Trade Balance
EIA weekly Petroleum/Gasoline/Disillates/Refineries Report (10:30am et)
US Oct Construction Spending
Canada Oct Building Permits, Nov Mnftg PMI
ISM Nov US Manufacturing PMI/Employment/Orders/Shipments/Prices
Fed's Beige Book (2pm et)
    OVERNIGHT into US Thurs. a.m. et:
        NZD Q3 Trade Balance--Imports/Exports
        So. Korea Q3 GDP, CPI
        AUD Oct Trade Balance, Home Loans
        Japan Nov Household Confidence
        Swiss Oct Retail Sales
        Italy Oct Unemployment Rate
        ECB's Panetta chairs policy panel @5th ECB biennial conference on fiscal policy
        BoE Monthly Decision Maker Panel Nov Data
        EU Oct Unemployment Rate/Change, PPI
        Brazil Q3 GDP
Thurs.   Dec 02 US Challenger Nov Job Cuts
US weekly Initial Jobless Claims/Continuing Claims

EIA weekly Natural Gas Injections/Withdrawals/Stockpiles (10:30am et)
Fed Gov. Randall Quarles "Departing Thoughts," @Am. Enterprise Institiute (11am et)
Dynamic Responses to Cargo Pricing in the Electricity Sector @SF Fed (8am pt)
    OVERNIGHT into US Fri. a.m. et:
        India Nov Nikkei Services PMI
        Singapore Oct Retail Sales
        Hong Kong Nov Manufacturing PMI
        Russia Nov Markit Services PMI
        So. Africa Standard Bank Nov PMI
        French Oct Industrial Prduction, Gov't Budget Balance
        EU, French, German, Italian, Spanish Markit Services/Composite PMI
       ECB Pres Lagarde participaes in Reuters Next Event "A new vision for a better tomorrow" (9:30 cet)
        BoE External biz of Monetary Financial Institutions Operating in UK (9:30am release)
        UK Nov Services/Composite PMI, Nov Int'l Reserves
        BoE FPC Saunders "The outlook for inflation & Monetay Policy" @BoE event
        Brazil Oct Industrial Production, Markit Nov Services/Composite PMI
Friday,  Dec 03 US Nov. Unemployment Rate/Change/Wages/Participation/Mnftg--Gov't Payrolls
Canada Nov Unemployment Rate/Change/Participation/Part-/Full-time
ECB's Lane chairs keynote lecture by Ricardo Reis, London School of Economics, @ECB's 5th Biennial Conference on fiscal policy & EMU governance
Minneapolis Fed Construction Sector Activity w/Ron Wirtz (9am ct)
US Oct Factory Orders/Shipments
US ISM Nov non-Mnftg PMI
US Markit Nov Services/Composite PMI
Russia Oct Unemployment Rate, Sept Wage Growth, Oct Retail Sales
Baker-Hughes weekly US/No. Am. Total/Oil Rig Count (1pm et)
US Debt Limit Reached Again
Sat.,      Dec 04  Countdown to Christmas -- 21 days & Counting
             12/14--15  FOMC Meets
                    12/15  FOMC Meeting Statement Released at 2pm
                               Powell Press Conference 2:30pm et
                    12/16  Norges Bank (Norway) Meets
                               BoJ (Bk of Japan) 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 (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 (retiring early, Oct 2021), Boston Fed's Rosengren (Retiring early Oct 2021), K.C. Fed's George, & Minneapolis Fed's Kashkari, who were voters in 2020. 
               * HICP used in Europe, means Harmonized Index of Consumer Prices