wall street in advance

August 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:
Sunday,  Aug 09     OVERNIGHT into US Mon. a.m. et:
        Singapore (F) Q2 GDP
        China Jul CPI, PPI
        Swiss July Unemployment Rate
        Mexico Jun Industrial Production
        Brazil BCB Focus Market Readout
        Separate Holidays in Singapore & Japan 08/10
Monday,  Aug 10 US June JOLTS (Job Openings/Quits)
US Treasury Auctions $54B 3-, & $51B 6-month Bills (11:30am et)
Chicago Fed's Evans: Workforce Challenees During Chicago's Recovery  (3pm et)
    OVERNIGHT into US Tues. a.m. et:
        New Zealand July Electronic Card SPending
        Japan July Bank Lending, June Current Account
        Aussie NAB Jul Business Confidence
        UK Jun Unemployment Rate/Jul Claims/Avg Earnings, BRC July Retail Sales
        German ZEW Aug Current Condtions/Expectations
        Eurozone ZEW Aug. Economic Sentiment/Current Conditions/Expectations
        Brazil BCB Coupon Meeting Minutes
        So. Africa Jun Manufacturing Production, Q2 Unemployment Rate/Change
        India Jun Industrial/Manufacturing Production
Tuesday, Aug 11 NFIB July US Optimism Index
US July PPI/Core PPI

Canada July Housing Starts, June Building Permits
Redbook weekly store sales snapshot (w/e 08/08)
Russia Q2 GDP, Jun Balance of Trade
Cleveland FRB Small Business Resources Beyond PPP: SBA, Fed, USDA (9am)
US Treasury Auctions $30B reopened 119-, & $30B reopened 42-day Bills (11:30am)
US Treasury Auctions $48B 3-year Notes & $34B 52-week Bills (1pm et)
API weekly Petroleum-related data
    OVERNIGHT into US Wed. a.m. et:
        New Zealand Jun Visitor Arrivals
        So. Korea Jul Unemployment Rate
        Aussie HIA Jul New Home Sales, Q2 Wage Price Index, Westpac Consumer Confidence
        RBNZ (New Zealand) Interest Rate Decision, post-Meeting Press Conference
        UK Holiday--Queen's Birthday Celebrated 
        China July Vehicle Sales
        UK June/Q2  GDP/Business Investment/Construction Orders/Labour Productivity, Jun Balance of Trade, Construction Output, Trade Balance, Industrial & Manufacturing Production
        China July Foreign Direct Investment (FDI), New Yuan Loans, Total Social Financing
        Italy Jul CPI/HICP
        Eurozone Jun Industrial Production
Wed.       Aug 12 MBA US weekly Mortgage Purchase/Refinance Applications (w/e 08/07)
OPEC Monthly Report
Brazil Jun Retail Sales
India July CPI
US July CPI/Core CPI
UK NIESR July Monthly GDP Tracker
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (w/e 08/087; 10:30am)
Fed's Kaplan Global Perspectives with (Houston virus Czar) Marvin E. Odum
US Treasury Auctions $38B 10-year Notes (1pm et)
US Treasury July Budget Statement
      OVERNIGHT into US Thurs. a.m. et:

          Japan July PPI
          Aussie Jul Unemployment Rate/Change/Participation, Consumer Inflation Expectations
          UK RICS July House Price Balance
          France Q2 Unemployment Rate
          Eurozone, Germany, Spain July CPI/HICP, Wholesale Prices
          Japan Jul Machine Tool Orders
          IEA monthly Oil Market Report
          So. Africa Jun Mining/Gold Production

Thurs,     Aug 13 US weekly Jobless Claims/Continuing Claims  (w/e 08/07)
US July Import/Export Prices
Breakfast with the (St. Louis) Fed: How Automation Can Affect Jobs (8:30am et) + Regional Economic Briefing (11:30am ct)
EIA weekly Natural Gas Report  (10:30am et)
US Treasury Auctions 4-, & 8-week Auctions (values not announced at post)
Starkville Regional Economic Briefing (St. Louis FRB) (11:30am ct)
US Treasury Auctions $25B 30-year Bonds (1pm et)
Banco de Mexico Interest Rate Decision
    OVERNIGHT into US Fri. a.m. et:

        So. Korea July Import/Export Prices
        New Zealand July Business PMI
        RBA (Aussie) Gov Lowe speaks
        Japan Foreign Investments in Japan Stocks & Bonds/vice versa
        China July Unemployment Rate, House Price Index, Fixed Asset Investment, Industrial Production, Retail Sales, Nat'l Statistics Bureau Press Conference/Data Dump
         Swiss July Producer & Import Prices
         France July CPI/HICP
         Taiwan Q2 GDP
         Hong Kong Q2 DP
         Eurozone Q2 (P) Unemployment/Chane, GDP, Jun Balance of Trade
         India July Bank Loan & Deposit Growth, Fx Reserves Trade Balance
         Brazil IBC-BR Jun Economic Activity
Friday,    Aug 14 US July Retail Sales
Q2 US Non-Farm Productivity & Labor Costs
US Jul Manufacturing+Industrial Production /Capacity Utilization

Canada Jun Manufacturing Sales
U.M. (P) Consumer Sentiment/Current Conditions/Inflation Expectations
US June Business Inventories
Baker-Hughes US/No.Am. Total/Oil Rig Count (1pm et)
Sat,         Aug 15 US-China teleconference Assessing Phase I Trade Deal Compliance
India Independence Day Holiday
Sunday,   Aug 16     OVERNIGHT into US Mon. a.m. et:
        New Zealand Jul Services PSI
       Japan Q2 GDP/CapEx/Prices/Private Consumption
        Singapore Jul Trade Balance (ex-oil)
        Thailand Q2 GDP
        Indonesia July Motorbike Sales, Q2 Current Account
        Japan June (F) Industrial Production/Capacity Utilization
        BoJ (Japan) July Current Account Balances by Sector

        UK Rightmove House Price Index
        Eurogroup Meetings

        ECB July Reserve Assets, ECB+Eurosystem templates on Int'l Reserves & Fx Currency Liquidity  (12:00 cet)
        OPEC+ Jt Ministerial Monitoring Committee teleconference
        Brazil BCB Focus Market Readout
Monday, Aug 17 NY Fed/Empire State Aug Manufacturing Index
NAHB Aug Housing Market Index

Canada June Foreign Securities Purchases by Canadians & vice versa
Russia July Industrial Production
Project Hometown: 'Fed Role of Urban Planning, Architecture & Trans;portation in Chicago's Future' (10am ct)
US Treasury Auctions $54B 3-, & $51B 6-month Bills
MBA Q/o/Q Deliqnency Rates

Democratic National Convention speakers include B Snaders., Gov Cuomo, M. Obama (thru 20th)
South Korea Holiday--Liberation Day
    OVERNIGHT into US Tues. a.m. et:
        Japan Reuters Aug Tankan Index, 30-year JGB Auction
        RBA (Aussie) Meeting Minutes
        EU FinMins Meet
        UK 30-year GILT Auction
        ECB's de Guindos virtual "Consecuencieas economicas de la crisis y medidas de recuperacion en Espana y en la Union Europea" (via Univ. Int'l Menendez Pelayo (10cet)
Tuesday Aug 18 US July Housing Starts/Building Permits (8:30am et)
Redbook weekly store sales snapshot (w/e 08/15)
Russia July PPI
US Treasury Auctions $30B reopened 119-day, & $30B reopened 42-day Bills
API weekly Crude Report
Democratic Nat'l Convention speakers include AOC, Pres Clinton, Jill biden
    OVERNIGHT into US Wed. a.m. et:
        Japan July Trade Balance, Jun Machinery Orders

        UK Jul CPI/Core CPI, PPI/Core PPI for Inputs & Outputs, Retail Price Index
        Indonesia Aug Interest Rate Decision, Lending & Deposit Rate
        Eurozone June Current Account
        South Africa July CPI/Core CPI
        Hong Kong Jul Unemployment Rate
        Eurozone July CPI/Core CPI/HICP
        German 30-year Bund Auction
Wed.       Aug 19 MBA weekly Mortgage Purchase/Refinance Applications (w/e 08/14; 7am et)
Canada July CPI/Core CPI , June Wholesale Sales
EIA Petroleum/Gasoline/Distillates/Refineries Report (w/e 08/14; 10:30am et)
US Treasury Auctions $25B 20-year Bonds
FOMC Minutes of July 28--29th Meeting  (2pm et)
Democratic Nat'l Converntion speakers H. Clinton, Sen. E Warren, VP Designate Harris, Prres Obama
    OVERNIGHT into US Thurs. a.m,. et:
         PBoC (China) Sets Aug 1-yr & 5-yr Prime Loan Rates

         German July PPI
         Swiss July Trade Balance, Q2 Industrial Production
         Norges (Norway) MPC Interest Rate Decision
         Philippines MPC Interest Rate Decision

         Taiwan Q2 Current Account
         Hong Kong July CPI
         Eurozone Jun Construction Output
         UK Aug CBI Industrial Trends/Orders
         ECB Account of 15--16 July 2020 MPC Meeting  (13:30 cet)
         Germany's Merkel visits France's Macron, as his summer residence
Thurs.     Aug 20 US weekly Initial Jobless Claims/Continuing Claims  (8:30am et)
Philly Fed Aug Manufacturing Index
Minneapolis Fed (9th District) 'Regional Economic Conditions: General business survey' conversation with Outreach Director Ron Wirtz (9am)
Russia July Unemployment Rate, Jun Wage Growth, July Retail Sales, GDP
EIA weekly Natural Gas Report
US Treasury Auctions 4-, & 8-week Notes (values not announced at post)
Int'l Journal of Central Banking virtual Annual Conference: Structural changes in the financial system: new theory & evidence (thru 21st)
US Treasury Auctions $7B reopened 30-year TIPS
SF Fed's Daly, Ariana Huffington, NBER's Nick Bloom discuss of "The Future of Work"
(10am   pt)
Democratic Nat'l Convention speakers Sen. C. Booker, Sen T Duckworth, Joe Biden
    OVERNIGHT unto US Fri. a.m. et:
        So. Korea July PPI
        Aussie CommBank Aug Mnftg/Services/Composite PMI
        UK GfK Aug Consumer Confidence
        Japan July CPI/Core CPI, Jibun Bk Mnftg Flash Aug PMI
        New Zealand July Credit Card Spending
        UK July Retail Sales, Public Sector Net Borrowing
        Eurozone, French, German Aug Markit Mnftg/Services/Composite Flash PMI
        UK Aug Markit/CIPS Mnftg/Services/Composite PMI
        Mexico Jun Retail Sales
, Mid-Aug CPI
        Brazil Jul Fed. Tax Revenue
Friday,    Aug 21 US Markit Aug Manufacturing/Services/Composite Flash PMI
Canada June Retail Sales
Breakfast with the St Louis Fed webinar 'Hot Money for Cold Economy' (8am ct, Memphis branch)
US July Existing Home Sales
Baker-Hughes weekly US/No. Am, Total/Oil Rig Count
(w/e 08/14; 1pm et)
Saturday,Aug 22  India Hoiliday
 08/24      Richmond Fed Sovereign Debt online Workshop (thru 28th)
                                      08/27      Atlanta Fed webinar on (2008) Check Sample Survey  (2pm et)
                                08/27--28     K.C. Fed virtual 44th Annual Economic Policy Symposium: "Navigating the Decade Ahead: Implications for Monetary Policy"
                                09/17--18     Atlanta Fed Virtual Conf. on Racial Justice & Finance Keynote: FRB Pres Bostic
                                       09/18     Richmond FRB DivEc Diverse Economics Conference (10am)
                                        09/26     S.F. Fed's Daly & Clarida keynote "A Hot Economy: Sustainability & Trade-offs"
                                10/08--09     Federal Reserve Stress Testing Research Virtual Conference focus on resilience

*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). 2019 Hawks dissenting against 2019 rate cuts were K.C. Fed's George, Boston's Rosengren, and St. Louis' Bullard but he wanted a bigger cut, earlier, who was backed by Chicago's Evans.
               * HICP used in Europe, means Harmonized Index of Consumer Prices