wall street in advance

November 2020  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 01 All Saints Day
US Moves Clocks Back One Hour @2am
    OVERNIGHT into US Mon. a.m. et:

         New Zealand Sept Building Permits
        Aussie AiGrp Oct Manufacturing Index, Markit Oct Final Mnftg PMI, Sept Home Loans, ANZ Oct Job Ads, Sept Building Permits
       Japan Jibun Bk Oct Mnftg PMI, Markit Mnftg PMI
       Taiwan, Thailand Markit Oct Mnftg PMIs
       So. Korea Oct Trade Balance, Nikkei Mnftg PMI
       China Oct Caixin Mnftg PMI
       India Oct Markit Mnftg PMI
       Russia Oct Markit Mnftg PMI
       Hong Kong Sept Retail Sales
       Swiss Oct procure.ch Mnftg PMI
       Italy Unemployment Rate
       Eurozone, Italy, France, Germany Markit Oct Mnftg PMI
       UK Markit/CIPS Oct Mnftg PMI
       France Oct New Car Registrations
       So Africa Mnftg PMI, Oct Total Vehicle Sales
       Brazil BCB Focus Market Readout, Markit Mnftg PMI
       Russia Monetary Policy Report/Meeting Minutes
       Canada RBC Oct Mnftg PMI
Mon.       Nov 02 ECB's Mersch speaks @ECB Legal Conference  (15:00 cet)
US Oct Markit Manufacturing PMI
ISM Oct US Mnftg PMI/Employment/New Orders/Prices/Wages
US Sept Construction Spending
US Oct Vehicle Sales (throughout the day) 
US Treasury Auctions $54B 3-, & $51B 6-month Bills (11:30am et)
"Ten Years After the Dodd-Frank Act: Looking Back & Looking Forward" virtual
Japan Culture Day Holiday
    OVERNIGHT into US Tues. a.m. et:
        RBA (Aussie) Interest Rate Decision

        ECB's Enria speech & Q&A at 21.Handelsblatt Jahrestagung Neue Entwicklungen der Bankenaufsicht (9:10 cet)
        France Sept Budget Balance
        ECB's Lagarde, Panetta & Enria participate @Eurogroup Conference (12:00 cet)
        ECB's de Guindos participates in Ecofin V-Meeting  (12:00 cet)
        Spain Oct New Car Sales, Sept Tourist Arrivals (from EU, mostly)
        Bundesbank's Mauderer speaks
        BCB (Brazil) Meeting Minutes, Markit Oct Mnftg PMI
Tuesday, Nov 03 US ELECTION DAY
US Redbook weekly + Oct store sales snapshot
ISM Oct NY Index
US Sept Factory Orders
US Sept Durable Goods/Capital Goods Orders/Shipments
Mexico Markit Oct Manufacturing PMI
Bundesbank's Balz + Mauderer speak
Brazil Oct Trade Balance
US Treasury Auctions $34B 52-week Bills
US Treasury Auctions $30B Reopened 119-day & $30B Reopened 42-day Billls
    OVERNIGHT into US Wed. a.m. et:

        So. Korea Oct Fx Reserves
        Aussie AiGroup Oct Construction Index
        New Zealand Q3 Unemployment Rate/Change/Labor Cost Index/Participation
        Aussie Oct Market Services/Composite PMI, Sept Retail Sales
        BoJ Sept 16--17th Monetary Policy Meeting Minutes
        RBA (Aussie) Chart Pack
        China Caixin Oct Services/Composite PMI

        Spain Oct Unemployment Change
        EU, France, Germany, Spain, Italy Markit Oct Services/Composite PMI
ECB's Panetta opens Il Salone dei Pagamenti 2020 via Italian Banking Ass'n
        UK Markit/CIPS Oct Services/Composite PMI, Q2 Labour Productivity
        Eurozone Sept PPI
        Brazil Sept Industrial Production
Wed.       Nov 04 MBA weekly + Oct Mortgage Purchase/Refinance Applications
ADP Oct Private Payrolls/Change

ECB's Schnabel speaks @European Banking Institute Policy V-Conference (16:00 cet)
US Sept (F) Trade Balance
FOMC 2-day Meeting Starts  (thru 5th)
BoE/Fed Reserve Board/King's College Modelling with Big Data & ML: Measuring Economic Instability V-Conference (thru 6th)
ECB's McCaul speaks + Q&A @EFR webinar (17:30 cet)
Canada Sept Trade Balance
US Treasury Refunding Announcement
US Markit Oct Services/Composite (F) PMI
ISM Oct non-Manufacuring Business Activity/Employment/New Orders/Prices
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report
    OVERNIGHT into US Thurs. a.m. et:

        Aussie Sept Trade Balance
        Japan Jibun Bank Oct (F) Services/Composite PMI
        Inndonesia Q3 GDP, Business Confidence
        Russia Oct Markit Services PMI
        German Sept Factory Orders
        Taiwan Oct Fx Reserves, Wholesale Prices, CPI
        Eurozone, France, Germany, Italy, Oct Construction PMI
        Sweden Q3 flash GDP, Sept Industrial Production/New Orders
        Norges Bank (Norway) Interest Rate Decision
        UK Oct New Car Sales, Construction PMI

        Eurozone Sept Retail Sales
        ECB's de Guindos speaks @Thessalonik V-Summit from Delphi Economic Forum + Greek Federation of Industries (12:00 cet)
        BoE MPC Inflation Report, Nov Interest Rate/QE Decision, Meeting Minutes
Thurs.     Nov 05 BoE Gov Bailey Press Conference
Challenger Oct US Job-Cuts
(airlines + energy alone soaring)
ECB's Schnabel speaks @ECON tribute webinar from Univ of Bonn (16:00 cet)
US weekly Initial Jobless Claims/Continuing Claims (more have exhausted benefits)
Brazil Markit Oct Services/Composite PMI, PPI, Industrial Production
FRB TX/RAISE V-Action Summit:Roadmap to Resilience (9am ct thru 6th)
BoE Oct Decision Maker Panel Data (14:00 bt)
St. Louis Fed Professors V-Conference (10am ct thru 6th)
US Q3 Productivity & Costs
Bundesbank's Weidmann speaks

SNB's Maechler speaks
EIA weekly Natural Gas Report
US Treasury Auctions 4-, & 8-week Bills (values not announced at post)
FOMC post-Meeting Statement (2pm et)
Jerome Powell post-Meeting Press Conference (2:30pm et)
    OVERNIGHT into US Fri. a.m. et:
         AiGroup Aussie Oct Services Index
         Japan Sept Household Spending/Avg Cash Earnings/Overtime
         BoJ Transactions with Stock & Bond Markets & Government
         RBA Monetary Policy Statement
         Germany Sept Industrial Production

         France Sept Trade Balance, Current Account, Q3 Non-Farm Private Payrolls
         UK Oct Halifax House Price Index
         Italy Sept Retail Sales
         India Q3/Oct Bank Loan & Deposit Growth, Fx Reserves
         Mexico Oct CPI/Core CPI, Gross Fixed Investment
         Brazil Oct Car Production, New Registrations, IPCA Oct Inflation Index
Friday,    Nov 06 US Oct. Unemployment Report/Change/Earnings/Participation/Mnftg+Gov't Payrolls
US Sept Wholesale Inventories
Canada Oct Unemployment Rate/Change/Participation, Ivey PMI
Baker-Hughes weekly US/No.Am. Oil/Total Rig Count (1pm et)
Atlanta Fed's 11th Employment Conference-Work in the Time of Covid #2 (2pm et)
US Sept Consumer Credit (debt)
    OVERNIGHT into US Sat a.m. et:
        China Oct Trade Balance

Sat.,        Nov 07 China Fx Reserves
Sunday,   Nov 08     OVERNIGHT into US Mon. a.m. et:
        Japan Nov Reuters Tankan Index
        BoJ Summary of Opinions of Meeting 10/28--29
, Fx Reserves
        China Composite PMI
        Swiss Oct Unemployment Rate
        German Sept Trade Balance, Current Account
        Taiwan Oct Trade Balance
        Russia Oct Vehicle Sales, Fx Reserves
        Brazil BCB Focus Market Readout
        BoE's Breeden keynote on Climate Risk Regulation @RiskLive
        BoE Gov Bailey speaks @Coporation of London Green Horizon Summit
        Mexico Oct Auto Production/Exports, CPI
        ECB's Lagarde speaks @V-Green Horizon Summit (10:25 cet)
        ECB New euro area statistics on insurance corps, premiums, claims, expenses
        ECB New pension fund statistics
        ECB's Mersch fireside chat @Afore Consulting Webinar (13:00 cet)
        Canada Housing Starts
Monday, Nov 09 US Oct CPI/Core CPI
ISDA "Understanding the New LIBOR Fallbacks" (9am est w/NY Fed V.P.)
BoE's Haldane on "Economic impact of coronavirus & l-term implications for UK @Reform Think Tank webinar (14:00 bt)
US Whholesale Trade
ECB's Enria on Financial Statements @Peterson Institute for Int'l Economics V-event
US Treasury Auctions $54B 3-, & $51B 6-month Bills
US Treasury Auctions $30B reopened 119-day & $30B reopened 42-day Bills
Boston Fed Main Street Lending Program Updates/Q&A
US Treasury Auctions $54B 3-year Notes 
    OVERNIGHT into US Tues. a.m. et:

        New Zealand Oct Electronic Card Spending
        Japan Sept Current Account, Oct Bank Lending
        UK RICS House Price Balance, BRC Oct Retail Sales Monitor
        China Oct CPI/PPI
        Japan Oct Eco Watchers Survey
        France Q3 Unemployment Rate, Sept Industrial Production
        UK Aug Employment Change/Sept Unemployment Rate/Avg Earnings, Oct Claimant Count
        Italy Sept Industrial Production
        Eurozone Nov ZEW Economic Sentiment Index/Current Conditions/Expectations
        German Nov ZEW Economic Sentiment Index/Current Conditions/Expectations
        ECB Bulletin: Consumption patterns & inflation measurement issues during pandemic
        ECB Bulletin: Impact of COVID-19 on potential output in euro area
        ECB Bulletin: European financial integration during COVID-19 crisis
        South Africa Sept Manufacturing Production
Tuesday Nov 10 NFIB US Oct Business Optimism Index
BoE's Breeden
on Building Resilience Against Financial Risks of Climate Change @GARP (Global Ass'n of Risk Pros) 2020 Climate Risk Symposium (13:00 bt)
NY FRB Exec VP on Building Resilience Against FinRisks of Climate Change @GARP
Redbook weekly store sales snapshot
US Sept JOLTS (Job Openings/Quits)
WASDE Report
US Treasury Auctions $41B 10-year Notes
Fed V.Ch. Quarles
Testifies @US Senate Banking, Housing Cmte on Supervision & Regulation (2pm et)
Fed Gov Brainard speaks @Nat'l Congress of Am. Indians Annual V-Convention (5pmet)
    OVERNIGHT into US Wed. a.m. et:
        So. Korea Oct Unemployment Rate
        RBNZ (New Zealand) Interest Rate Decision Statement, then Press Conference
        Japan Oct Machine Tool Orders
        Sweden Financial Stabillity Report
        Mexico Sept Industrial Production
Wed.      Nov 11 US Veterans Day--Treasury Markets Closed/Equities Trade Regular Hours
FOMC Chief Powell, ECB's Lagarde, de Guindos, Panetta & Lane speak
@ECB online Forum on Central Banking
MBA weekly Mortgage Purchase/Refinance Applications
Russia Sept Trade Balance
    OVERNIGHT into US Thurs. a.m. et:
        BoJ Domestic & Foreign Bond & Stock Transactions with Gov't & Markets
        Japan Sept Machinery Orders, Oct PPI, Sept Tertiary Industry Index
        German Oct CPI/HICP
        UK Sept + Q3 GDP/Business Investment, Sept Trade Balance, Construction Orders/Output, Industrial + Manufacturing Production
        IEA Monthly Oil Market Report
        Eurozone Sept Industrial Production
        India Sept Industrial + Manufacturing Production, Oct CPI
        Russia Q3 GDP, Fx Reserves
        OPEC Monthly Report
        BoE Gov Bailey speaks @FT Global Conference (8:00 bt) 
Thurs.    Nov 12 US weekly Initial Jobless Claims/Continuing Claims

Canada New House Price Index
Fed's Powell, BoE's Bailey & ECB's Lagarde
panelists @ECB Central Banking V-Forum
UK NIESR Oct GDP Tracker
Little Rock Regional Economic Briefing by St Louis FRB (8am ct)
Breakfast w/the Fed: Labor Markets & Gov't Policies during the pandemic (8:30am et)
S.F. Fed's Valuing the Global Mortality Consequences of Climate Change (11am et)
ECB's Mersch & Schnabel speak @ECB Forum on Central Banking
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am; w/e 11/06)
US Treasury Auctions 4-, & 8-week Bills (values not announced at post)
US Treasury Auctions $27B 30-year Bonds
FRB Chicago Detroit Community Forum:Building a Strong More Equitable Future (1pm)
NY FRB Pres Williams moderates V-conversation with Morgan Stanley's CEO Gorman @Economic Club of NY (2pm est)
Banco de Mexico Interest Rate Decision
US Oct Budget Statement
    OVERNIGHT into US Fri. a.m. et:

        New Zealand Oct Business PMI, Food Inflation
        China Oct Vehicle Sales, Foreign Direct Investment
        Japan Oct PPI
        German Oct Wholesale Prices
        Swiss Oct Producer & Import Prices
        France & Spain Oct CPI/HCIP
        Hong Kong Q3 GDP
        China Oct New Yuan Loans, Total Social Financing
        Eurozone Q3 GDP
(revised), Sept Trade Balance, Unemployment Rate/Change
Friday,   Nov 13 NY Fed CEO Williams keynote interview w/G. Tett @FT Global Boardroom (7am est)
US Oct PPI/Core PPI--Final Demand
MN FRB Regional Economic Conditions: Ag & Construction Sectors (9am ct)
Philly Fed's Harker live briefing w/Bloomberg "Strengthening Resiliencey: Investing in the American Worker (10:15am et)
U.M. Nov Prelim Consumer Sentiment/Expectations
BoE's Teneyro keynotes on "Dollar Dominance and the Impact of Monetary Policy" @LACEA 2020 Annual Meeting (14:00 gmt)
EIA weekly Natural Gas Report
Baker-Hughes weekly US/No. Am. Total/Oil Rig Count (1pm et;  w/e  11/06)
BoE Gov Bailey "In conversation with Axel Weber" @UBS Annual Conference (16:00)
Sat.        Nov 14 Holidays in Singapore & India
UK Labour Productivity
                           11/16--18    FRB San Francisco/U.of Michigan Central Bank of the Future V-Conference
                           11/16--20     7th Summit on Regional Competitiveness--New Decade: Disruption, Driving....
                                 11/17    Fed Bostic, Rosengren, Daly speak @Racism and the Economy: Focus on Employment
                                  11/19    FRB Consumer Payments Behavior in a Health Crisis: What Happened to Cash?
                                               Cleveland FRB Financial Stability Conference: Stress, Contagion, Transmission
                                  11/30     OPEC 180th Meeting
                                  12/01    Chicago FRB Midwest Ag & Shifting Consumer Presferences

*FOMC 2020 Voting Members:  Chairperson Jerome Powell, as of 02/05/18, and ALL members of the FOMC Board of Governors are permanent voters: That includes Randall Quarles, & Lael Brainard, Richard Clarida, Gov Bowman, (Senate confirmed 09/12/19), plus New York Fed Pres, currently John Williams (Formerly of the San Francisco Fed) who replaced William Dudley, who retired from the bank on June 15, 2018.:New, revolving Regional Fed Bank leaders who are voters for 2020: MN Fed's Kashkari, Dallas Fed's Kaplan, Philly Fed's Harker, Cleveland Fed's Mester. Other Fed Presidents include: Atlanta Fed's Raphael Bostic, new in August 2017 (replaced Dennis Lockhart), former McKinsey exec Thomas Barkin, who assumed the title of Pres of Richmond Fed on 01/01/18. San Francisco Fed named Mary Daly Pres/CEO as of 10/1/2018, who was a voter until Feb. 2020, completing her predecessor's term (NY Fed CEO Wiliams).
               * HICP used in Europe, means Harmonized Index of Consumer Prices