wall street in advance

June/July 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:
Sun.,     June 27     OVERNIGHT into US Mon. a.m. et:
       BoJ Summary of Opinions of June 18th Meeting

       German May Import Prices
       Hong Kong May Trade Balance
       ECB MPC Panetta on "Central banks at the frontline of the COVID-19 crisis: weathering the storm, spurring the recovery" @Conf. of the Governors of Mediterranean Central Banks (10:10 cet)
       Mexico May Trade Balance
       Brazil BCB Focus Market Readout, May Bank Lending, May Net  Payrolls
Mon,    June 28 US Treasury Auctions $57B 3-, & $54B 6-month Bills
ECB MPC de Guindos & Bundesbank Pres. Weidmann
speak @V- EURO FINANCE Summit (Frankfurt 16:00 cet)
NY Fed CEO WIlliams webinar w/Q&A @BIS Andrew Crockett Memorial Lecture (8:45am edt/2:45pm cest) 
S.L. Federal Reserve Economic Education Institute 2021 (11am - 3:30pm ct thru 29th)
Richmond Fed Federal Reserve Economic Education Institute webinar (noon--4pm thru 29th for H.S. teachers)
BoE (departing) Economist Haldane on 'Making a Success of Levelling up' (1pm bst)
Fed V.Ch. Quarles speaks @Utah Bankers Ass'n Annual Convention (1:10pm mtn)
Colombia Interest Rate Decision
    OVERNIGHT into US Tues. a.m. et:
        Japan May Unemployment Rate, Jobs:Applications Ratio, May Retail Sales
        French Q1 Unemployment Rate
        BoE May Consumer Credit, Mortgage Approvals, Net Lending to Individuals 
        UK Jun Nationwide Housing Price Index, May Car Production
        EU Jun Industrial/Consumer/Economic/Services Sentiment
        EU, French, German, Italian, Spanish   Jun CPI/HICP
Tues.,  June 29 Redbook weekly store sales snapshot
ECB Pres. Lagarde speaks @Brussels Economic Forum 2021 (15:40 cet)
Bundesbank Pres Weidmann V-speech @Academic Colloquium in honour of Prof. Dr Otmar Issing @Center for Financial Studies
FHFA April House Price Index
S&P/Case-Shiller April 20-city Home Prices

Dallas Fed Jun Services Sector Outlook
Conference Board's Jun Consumer Confidence
US Treasury Auctions $40B reopened, now, 42-day Bills
API weekly Crude data
    OVERNIGHT into US Wed. a.m. et:
        So. Korea May Industrial/Manufacturing/Construction Production, Retail Sales
        RBA Gov. Lowe speaks, Aussie May Private Sector Credit
        Japan May Industrial Production
        China NBS Presser: June Manufacturing & non-Manufacturing PMI

        Japan May Housing Starts/Construction Orders, June Consumer Confidence
        So. Africa May Private Sector Credit, M3 Money Supply
        UK Q1 (F) GDP/Business Investment, Current Account
        German Jun Unemployment Rate
, May Harmonized Unemployment Rate
        Swiss ZEW Jun Economic Sentiment Index, KOF Leading Indicators
        Hong Kong Retail Sales
        BoE (departing) Economist Haldane speech @Institute for Gov't on changes in monetary policy, FS policy & central bank comms over the last 30 years (text at noon)
        EU Jun (flash) CPI/Core CPI
Wed.    June 30 MBA weekly US Mortgage Purchase/Refinance Applications
Brazil April Unemployment Rate
ADP US June Private Company Employment Change
Brazil May Budget Balance/FX Flows
Canada April GDP, May PPI/IIFI/Raw Materials Prices (RMPI)
Philly Fed Rural Action Assembly: Community Foundations, CDFIs & Regional Revitali- zation (10am --12:30pm online)
Chicago June PMI

NAR May Pending Home Sales
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report
(10:30am et)
Richmond Fed Discussing Race & Equality in the Classroom: COVID's Impact on Econo- mic Well-being (noon webinar)
USDA Qtrly/June Grain Stockpiles
Russia May GDP, Jun Unemployment Rate
Mexico May Fiscal Balance
    OVERNIGHT into US Thurs. a.m. et:
        AUD AiGroup Jun Mnftg Index, Markit Jun Mnftg PMI
        Japan Q2 Tankan Sm. & Lrg Mnftg/non-Mnftg Index, Jibun Bk Jun Mnftg PMI
        So. Korea Jun Trade Balance, Markit Jun Mnftg PMI
        AUD May Trade Balance
        China Caixin Jun Manufacturing PMI
        India Jun Markit Mnftg PMI
        German May Retail Sales
        French Jun Car Registations
        Russia Markit Jun Mnftg PMI
        Swiss May Retail Sales, Jun CPI, procure.ch Mnftg PMI
        Riksbank (Sweden) MPC Rate Decision
        EU, French, German, Italian Jun Markit Mnftg PMI
        UK Markit/CIPS Jun Mnftg PMI

        EU May Unemployment Rate
        Wards US Jun Total Vehicle Sales
        ECB Pres Lagarde
as ESRB Chair opens hearing before Cmte n ECON (9:00 cet)
        BoE Gov Bailey speaks @Mansion House, Financial & Professional Services event (text at 9am, 07/01)
        ECB MPC Enria speaks @ECON @EU Parliament (10:00 cet)
        BoE Monthly Decision Maker Panel Data (9:30am bst)
        BoE Gov Bailey @Plain Numbers Project Launch (10am bst)
        MPC Woods Q&A on BoE Priorities @London Climate Action week: Bankers for Net Zero
        ECB MPC Elerson @Nordic Banking Associations sustainability seminar (11:30)
        So. Africa ABSA Jun Mnftg PMI, Total Vehicle Sales
Thurs.  July 01 Challenger US June Job Cuts
India Jun Trade Balance
US weekly Initial Jobless Claims/Continuing Claims
US Markit Jun Manufacturing PMI
OEMs Announce Jun/2Q21 US Vehicle Sales (thru 3rd)
Brazil Markit Jun Mnftg PMI
US Jun ISM Manufacturing Index/Prices/Employment/New Orders
US May Construction Spending
Mexico Jun Markit Mnftg PMI
EIA weekly Natural Gas Draws/Injections/Stockpiles
US Treasury Auctions $4-, & 8-week Bills (values announced mid-week)
Brazil Jun Trade Balance
Canada Day Holiday
Hong Kong Special Administration Establishment Day Holiday

    OVERNIGHT into US Fri. a.m. et:
        AUD May Home Loans/Investment Lending
        Spain Jun Unemployment, May Tourist Arrivals
        EU May PPI
        India Bank Loan & Deposit Growth, Fx Reserves
        ECB Pres. Lagarde panelist @Les Rencontres Economiques d'Aix en-Provence
        Brazil May Industrial Production
Friday, July 02 US Jun Unemployment Rate/Non-Farm Payrolls--Mnftg-Private/Gov't/Participation /Avg Earnings
US May Trade Balance
Canada May Trade Balance, Building Permits, Markit Jun Mnftg PMI
US May Factory Orders
Baker-Hughes weekly US/No, Am. Total/Oil Rig Count (w/e 07.02; 1pm et)
Sat.,     July 03 ECB MPC Schnabel panelist on "Weltwirtschaft und Welthandel, Konjunktur und Geldpolitik" @Petersberger Sommerdialog (Konigswinter Germany 15:15 cet)
Sun.,      July 04      OVERNIGHT into US Mon. a.m. et:
         AiGroup Jun Construction Index, Markit Services/Composite PMI, May Retail Sales, Building Permits, ANZ Jun Job Ads & Commodity Prices
         Jibun Bank Japan Jun Services/Composite PMI
         China Caixin Jun Services/Composite PMI
         ECB Pres Lagarde
panelist opens World Law Congress tribute to Ruth Bader Ginsburg (Madrid 11am cet)
Mon.,    July 05 US Celebrates July 4th Independence Day
All US Banks & Markets Closed

ECB Pres Lagarde speaks @award ceremony for the World Jurist Ass'n Ruth Bader Ginsburg Metal of Honor (13:30 cet Madrid Spain)
BoE Releases paper on New Forms of Digital Money focus on stablecoins (1pm bst)
ECB MPC Enria Q&A "Regulation & supervision during COVID-19 crisis: Important Lessons," followed by de Guindos @Banking Sector Industry Mtg of IESE Business School (18:00 cet, 19:00 cet)
    OVERNIGHT into US Tues. a.m. et:
         India Jun Market Services/Composite PMI
         Russia Markit Jun Services/Composite PMI
         EU, France, Germany, Italy, Spain Markit Jun Services/Composite PMI
         UK Jun New Car Sales, Markit/CIPS Services/Composite PMI

         German Jun New Car Registrations
         Brazil BCB Focus Market Readout, Jun Markit Services/Composite PMI
         Japan May Household Spending, Avg Cash Earnings
         Hong Kong Jun Markit PMI
         RBA (AUD) MPC Interest Rate Decision
         German May Factory Orders
         EU, France, Germany, Italy, Spain Jun Constructon PMI
         Taiwan May Unemployment Rate
         EU July ZEW Sentiment Index, May Retail Sales
         German ZEW Jul Economic Sentiment Index, Current Conditions/Expectations
         Mexico Apr Gross Fixed Investment
Tues.,  July 06 Bk of Canada Q2 Business Outlook Survey
Redbook weekly US store sales snapshot
Markit Jun US Services/Composite PMI
ISM Jun non-Manufacturing PMI/Prices/Employment/New Orders
US Treas. Auctions $57B 3-, $54B 6-month Bills+ $40B reopened, now, 42-day Bills

    OVERNIGHT into US Wed. a.m. et:
        NZIER (UK) Q2 Capacity Utilization, Business Confidence
        AUD AiGroup Jun Services Index
        RBA Chart Pack
        German May Industrial/Mnftg Production
       UK Halifax Jun House Price Index
        France May Balance of Trade/Current Account
        China Jun Fx Reserves
        Taiwan Jun Trade Balance, CPI, PPI
        Mexico Jun Auto Production
Wed.   July 07 MBA weekly Mortgage Purchase/Refinance Applications
Brazil May Retail Sales, Jun Car Production, New Car Registartions
Canada Ivey Jun PMI
US May JOLTS (Job Openings/Quits)
FOMC Minutes of June 15--16 Meeting Released (2pm et)
API weekly crude supplies
     OVERNIGHT into US Thurs. a.m. et:
         Japan Jun Bank Lending, May Current Account, Jun Eco Watchers Survey Outlook
         German May Trade Balance, Current Account
         Poland Interest Rate Decision
         RBA Gov Lowe speaks
         Swiss Jun Unemployment Rate
         Brazil IPCA Jun Inflation Index, CPI
         ECB publishes account of monetary policy meeting June 9--10 (13:30 cet)
         BoE webinar on New Forms of Digital Money focus on stablecoins (11am bst)
Thurs. July 08 US weekly Initial Jobless Claims/Continuing Claims
Mexico Monetary Policy Meeting Minutes (surprised with hike at that mtg)
Breakfast w/the Fed: "State of Labor Market's Recovery from COVID-19" (8:30am et)
Richmond Fed Investment Connection webinar   (10am)
EIA weekly Natural Gas Injections/Draws/Stockpiles (10:30am et)
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (11:am et)
US Treasury Auctions 4-, & 8-week Bills (values to be announced mid-week)
Philly Fed "Keys to Financial Success" seminar #2 or 5 (thru 07/29 for educators)
May US Consumer Credit (3pm et)
Brazil Constitutional War of 1932 Holiday
    OVERNIGHT into US Fri. a.m. et:
        China Jun CPI/PPI

        UK May/3-month GDP, May Trade Balance, Construction Output, Industrial/Mnftg Production
        ECB Prees Lagarde & Panetta @G20 FinMin & Central Bank Goveronors Mtg (Venice IT)
        BoE publishes Banking Sector Regulatory Capital 1Q21 (9:30am bst)
        ECB Pres Lagarde
panelist on digitisation @2021 OECD Conference--Forum on Productivity iva Italy's G20 Presidency (12:00 cet)
Friday, July 09 ECB MPC Enria panelist @EU Court of Auditors high-level conf: "Is the EU financial sector ready to face the next crisis & support economic recovery?" (13:30 cet)
Canada Jun Unemployment Rate/Change/Waages/Participation/Part- & Full-time
NIESR Q2 UK GDP Tracker
US May Wholesale Inventories
Baker-Hughes weekly No. Am./US Oil/Total Rig Count
(1pm et)
Sat.,     July 10
                                                     
       WEEKS AHEAD:
          
             07/11  Fed V Ch Quarles Financial Stability Board & Climate Change @Venice Int'l Conf. on Climate Change(9am)
                       ECB Pres Lagarde panelist @G20 Venice Conference on Climate (15:40 cet)
             07/14  Bk of Canada FPC Meets
                       RBNZ (New Zealand) MPV Meets
                       Philly Fed 4th Biennial V-Conference on Auto Lending
             07/16  BoJ MPC Meets
             07/22  ECB MPC Meets
      07/27—28  FOMC Meets
     Aug 26--28  K.C. Fed Jackson Hole Economic
Symposium
                             
*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), 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, 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