wall street in advance

July/August 2016 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,        July 24 Tour de France wraps in Paris after 2 weeks of competition
    OVERNIGHT into US Mon. a.m. et:
         Japan Jun. Trade Balance (Imports/Exports)
         Singapre Jun CPI
         German IFO July Biz Climate/Expectations + Junr Import Price Index
         New Zealand Central Bank Gov Wheeler speaks (Auckland)
         UK CBI July Biz Optimism/Orders/Selling Prices
Monday,       July 25 Dallas Fed Jul. Manufacturing Survey
French 3-, 6- & 12-Month BTF Auctions
US Treasury Auctions$37B 3- & $32B 6-month Bills (11:30am et)
US Treasury Auctions $26B 2-yr Notes (1pm et)
US Sec'y of State Kerry attends the ASEAN Summit of Foreign Ministers (Laos)
Democratic National Conventoin opens (Philadelphia PA thru 28th)
    OVERNIGHT into US Tues. a.m. et:
         New Zealand Jun Trade Balance
         South Korea Q2 GDP 
         Japan Junr Corporate Service Price (CSPI)
         Singapore Jun Industrial Production
         Hong Kong June Imports/Exports
         UK Jun. BBA Loans for House Purchases
         BoE Results of Indexed Long Term Repo Operation Results
Tuesday,       July 26 FOMC 2-day Meeting Starts
S&P/Case Shiller May Home Price Index
June US New Home Sales

Markit July Flash Services + Composite PMI
US Treasury Auctions $34B 5-year Notes (1pm et)
Conference Board's July Consumer Confidence
Richmond Fed Jul. Manufacturing Index
S&P weekly Store Sales Snapshot
Brazil Jun Current Account & Foreign Direct Investment +CB Meeting Minutes
Hungary PM Orban meets with Austria Chancellor Kern over Migrant Crisis
USDA weekly Crop Reports
US Sec'y of State Kerry expected to leave for Manila to meet with Pres. Duterte
Central Bankers meet, separately, in Nigeria & Hungary
    OVERNIGHT into US Wed. a.m. et:
         China Jun Industrial Profits

         Aussie Q2 CPI
         German GfK Aug. Consumer Confidence & Jun Import Price Index
         French June PPI & July Consumer Confidence
         Spanish June Retail Sales
         Italian July Business & Consumer Confidence
         Eurozone June M3
         UK Q2 (Adv) GDP, May Index of Services, CBI Jul. Retail Reported Sales
Wednesday, July 27 FOMC Meeting Statement (2pm et)
Weekly MBA Mortgage/Refinance Applications
US June Durable Goods Orders/Shipments (and by extension, Q2 + 1H)
NAR June Pending Home Sales
Aspen Security Forum boasts US Dir. of Nat'l Intelligence Clapper & DHS Johnson, Atn'y Gen Gonzales, Sec'y of DoD Carter, FBI's Comey, Sen. J McCain, and others (thru 30th)
EIA weekly Petroleum Stats
Brazil Foreign Exchange Flows
France Jobseekers Total
US Treasury Auctions $15B 2-year Floating Rate Notes (FRN)
    OVERNIGHT into US Thurs. a.m. et:
         Aussie Q2 Export/Import Price Indices
         Singapore Q2 Unemployment Rate
         UK Jul Nationwide Home Price
         Spanish Q2 Unemployment Rate
         German July Unemployment Rate/Change,   Jun. Retail Sales +  CPI
         Italian June Wage Inflation
         Eurozone July Industrial, Services, Business & Consumer Confidence
         South Africa Q23 Unemployment Rate & Jun PPI
Thursday,    July 28 Weekly US Jobless Claims
US June Int'l Trade Deficit
EIA weekly Natural Gas Report
K.C. Fed Manufacturing Index
US Treasury Auctions $28B 7-year Notes
US Treasury Refunding Announcement
Russia Central Bank Reserves
Peru swears in Pres. Kuczynski who's targeting underground economy
Spains King Felipe tries to encourage political leaders to form a government
Weekly US Fed Balance Sheet & US Money Supply
    OVERNIGHT into US Fri. a.m. et:
         So. Korea Aug Manufacturing BSI Index, Jun Industrial Production & Service Sector Outpu
         New Zealand Jun Building Permits, ANZ July Activity Outlook & M3
         UK July GfK Consumer Confidence
         Japan June Jobless Rate/Applicant Ratio, Household Spending, CPI, Loans & Discounts, Industrial Production, & Retail Trade
         Aussie Q2 PPI, June Private Sector Credit, Housing Credit, Q2 PPI 
         Canada CFIB July Business Barometer
         UK Jul Nationwide House Prices
         Japan June Vehicle Production, Housing Starts, Construction Orders, Housing Starts
         Singapore Junr Bank Lending + Business Expecations
         SNB--Swiss National Bank 1H Earnings & Q2 Currency Allocations
         French Q2 GDP, Jun Consumer Spending, CPI, HICP
         German Jun Retail Sales
         Spain May Current Account, Q2 GDP, July CPI, HICP
         Italian Jun Unemployment Rate
         UK Net June Consumer Credit, Mortgage Approvals, Net Lending on Dwellings, M4 Money Supply
         BoJ MPC Rate Decision, Monetary Base, Policy Rate, Forecasts GDP & Inflation (Fri. local time)
         Eurozone June Unemployment Rate, Q2 (adv) GDP, & July (adv) CPI    
Friday,         July 29 US 16Q2 (Adv) GDP + Consumer PCE
Q2 Employment Cost Index (ECI)

Fed's Williams speaks on unused Fed tools, with Q&A  (Cambridge MA 9:30am)
Chicago PMI
Russia July Interest Rate Decision
So. Africa Jun Trade balance
Canada May GDP & June Industrial Product (IPPI) & Raw Materials Prices (RMPI)
U.M. (F) July Consumer Sentiment
Mexican Pres. Nieto visits Argentina seeking new auto accords
Brazil Jun Budget Balance & Debt/GDP Ratio
Baker-Hughes weekly US/No. America Rig Count (Higher Rigs Wkly 1pm et)
Fed's Kaplan speaks at Independent Bankers Ass'n of New Mexico Annual (1pm (Alburquerque NM)
USDA Crop Report
Saturday      July 30 Canada May Budget Balance
Georgia & Tennessee Back to School Sales Tax Holidays
Sunday,       July 31     OVERNIGHT into US Mon. a.m. et:
         Aussie July Performance of Manufacturing Index, TD Securities Inflation, HIA June New Home Sales
         South Korea June Current Account, & July Trade Balance + Nikkei July Manufacturing PMI
          India Nikkei Markit July Manufacturing PMI
         China July (Official) Manufacturing & Non-Manufacturing PMI, & Caixin China July PMI Manufacturing
         Japan Nikkei July Manufacturing PMI, Official Reserves, Vehicle Sales
         Tokyo Elects a Mayor
         Markit French, German, Italian, Spanish & Eurozone July Manufacturing PMI
         Italian June Industrial Production
         UK Markit July Manufacturing PMI   
Monday,     Aug. 01 July US PMI Manufacturing Index
July US ISM Manufacturing Index
US June Construction Spending
Singapore PM Loong addresses US Chamber of Commerce on TPP (D.C.)
US Treasury Auctions $37B 3-, & $32B 6-month Bills (and that's it for this week!)
Brazil July Markit Manufacturing PMI + July Trade Balance
Holidays in Canada & Switzerland
    OVERNIGHT into US Tues. a.m. et:
          South Korea July Fx Reserves & CPI
          Japan July Monetary Base +10-year JGB Auction
          Aussie July CoreLogic House Price Index, June Trade Balance, Building Approvals, & July Commodity Index
          New Zealand QV July House Prices & RBNZ 2-yr Inflation Expectation
          RBA (Aussie) Interest Rate Decision (Tues.. 08/02, local time)
          Spain Unemployment Rate
          Swiss June Retail Sales & July SVME PMI
          UK July Construction PMI
          Hong Kong June Retail Sales
          Eurozone June PPI
          South Africa Q2 Unemployment Rate
          Japan's Cabinet meets on Stimulus (then goes to Diet)
          BoE Indexed Long-term Repo Operation Results
Tuesday,     Aug. 02 US July Motor Vehicle Sales
Dallas Fed's Kaplan
speaks on monetary policy & economy @ Official Monetary & Financial Institutions Forum (Beijing China 6:15am)
US June Personal Income & Expenditures + PCE
RBC Canadian July Manufacturing PMI
SEC Equity Market Structure Advisory Cmte Meeting Chaired by Mary Jo White
Redbook weekly US Store Sales Snapshot
World Islamic Forum w/Indonesian Pres Widodo & Malaysian PM Razak (Jakarta)
Brazil June Industrial Production
    OVERNIGHT into US Wed. a.m. et:
         New Zealand Q2 Unemployment Rate/Change/Participation/Wages
         UK BRC July Shop Price Index
         Aussie AIG July Performance of Service Index, June Retail Sales
         BoJ MPC Meeting Minutes
         New Zealand ANZ July Commodity Prices
         China Caixin July PMI Services & Composite
         Nikkei July Japan PMI Services & Composite
         Hong Kong July Manufacturing PMI
         India Nikkei July Services PMI
         South Africa Standard bank July PMI + Local Gov't Elections (Wed local time)
         Markit French, German, Eurozone July Services & Composite PMI
         UK Markit CIPS July Services & Composite PMI
         Eurozone June Retail Sales
Wed.           Aug. 03 MBA weekly Mortgage/Refinance Applications
ADP July Private Sector Employment Report
US Treasury Announces Refunding plans, including 10-yr Note & 30-yr Bond
US July PMI Services Index
US July ISM Non-Manufacturing Index
EIA weekly Petroleum Stats
Brazil July Markit Services & Composite PMI + Fx Flows
    OVERNIGHT into US Thurs. a.m. et:
         Japan July Purchases of Foreign Bonds & Stocks + vice versa
         Aussie June Retail Sales
         Swiss July SECO Consumer Confidence
         ECB Economic Bulletin
         China BoP Q2 (Prelim) Current Account Balance
         Markit German July Construction PMI
         UK July New Car Registrations
         Markit German, French, Italian July Retail PMI
Thursday,   Aug. 04 US July Chain Store Sales (9 still report Monthly, some will offer Quarter)
Fed's Kaplan repeats Aug 2nd speech (Shanghai China 6:15am)
Challenger July Lay-off Report
Weekly US Jobless Claims
June US Factory Orders
BoE MPC Interest Rate Decision, Aug Asset Purchase Target, Inflation Report + Meeting Minutes
BoE Gov Carney Press Conference
EIA weekly Natural Gas Report
IMF's Lagarde speaks at Casa Rio Summit (Rio de Janeiro 11am edt)
Czech & Romanian Central banks host, separate, MPC Rate Decisions
Brazil July Auto Production & Sales
Fed weekly Balance Sheet & US Money Supply
    OVERNIGHT into US Fri. a.m. et:
         Aussie AIG July Performance of Construction Index & July Fx Reserves
         Japan June Real Cash Earnings + Fx Reserves  
         South Africa July Fx Reserves
         German June Factory Orders
         France July Current Account Balance & June Trade Balance
         Hong Kong July Fx Reserves
         Swiss July Fx Reserves
         UK Halifax July House Prices
Friday,        Aug. 05 US July Unemployment Report
US June Int'l Trade Deficit
Baker-Hughes US/No. America weekly Rig Count
US June Consumer Credit (3pm et)

Canada June Int'l Trade Balance, July Employment Report/Change/Participation
Canada Ivey July PMI
Rio Olympics Opening Ceremonies (Rio de Janeiro, the first So. American host city 7pm edt, NBC)
Today starts the Biggest Weekend for BTS Sales Tax Holidays in AL, AR, FL, IA, LA, MO, MM, OH, OK, SC, TX, VA (thru 08/07)
Saturday,   Aug. 06 Olympic Competition starts
China July Fx Reserves

         WEEKS AHEAD:   
08/11      RBNZ (New Zealand) MPC meets
                                           08/17     FOMC Minutes of July 26--27 Meet
                                           09/07     Fed's Beige Book
                                    09/20--21     FOMC Meets


*FOMC 2016 Voting Members:  Five governors on the FOMC are permanent voters: Janet Yellen, Stanley Fischer, Lael Brainard, Jay Powell and Dan Tarullo.vote at every meeting. (Board Governors endure 2 vacancies that Senate refuses to confirm). Like the NY Fed pres. is, also, a permanent FOMC voting member. The rest of the voters, in 2016, are 5 of the 11 regional Fed Pres.: Loretta Mester (Cleveland), Eric Rosengren (Boston), James Bullard (St. Louis) and Esther George (Kansas City). Mester, George and Bullard are hawks, while Rosengren is considered a dove. Evans, Lockhart, Williams, and Lacker were 2015 voters, now off the voting panel at 2016 FOMC meetings. Neel Kashkari, former TARP overseer, took over Presidency of the Minneapolis Federal Reserve Bank, replacing Kocherlakota, who wound up a short-lived leader. Kashkari won't vote in 2016 but will stick to his "Too Big .to Fail" mantra on banks
                     

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