wall street in advance

September 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.,    Sept 12     OVERNIGHT into US Mon. a.m. et:
        Japan BSI Large Manuracturing Q3 Conditions, Aug PPI
        China Aug Foreign Direct Investment, Outstanding Loan & Social Financing
        German Aug Wholesale Prices
        Hong Kong Q2 Industrial Production
        G20 Finance & Central Bank Deputies Meet (Naples, Italy)
        IFABS 2021 Oxford Conference BoE FPC Hauser speaker on 13th (thru 15th)
Mon.,   Sept 13 ECB Pres. Lagarde conversation with Martin Wolfe @Aspen Int'l Conf on "Why post-Covid recovery needs women: empowerment, financing & rights." (15:30 cet)
US Treasury Auctions $48B 3-, & $45B 6-month Bills
US Treasury Aug Monthly Budget Statememt
    OVERNIGHT into US Tues. a.m. et:
        AUD Q2 House Price Index, Aug NAB Business Confidence Survey
        Japan July Industrial Production/Capacity Utilization
        UK Jun Unemployment Rate/Change/July Avg Earnings, Aug Claimant Count

        Swiss Aug PPI
        IEA Monthly Oil Marlet Report
        So. Africa July Mining/Gold Production
        ECB MPC Fernandex-Bollo keynotes Euromeny/ECBC Covered Bond Congress
        Brazil July Service Sector Growth
Tues.,  Sept 14 NFIB Aug Business Optimism Index
US Aug CPI/Core CPI
Canada July Manufacturing Sales
Redbook weekly store sales snapshot (Labor Day boost?)
API weekly crude report
    OVERNIGHT into US Wed. a.m. et:
        Japan Reuters Tankan Sept Index,
July Machinery Orders, Tertiary Industry Index
        AUD Aug HIA New Home Sales, Westpac Sept Confumer Confidence Index
        So. Korea Aug Unemployment rate. Trade Balance
        China NBS Presser: Aug House Price Index, Fixed Asset Investment, Industrial Production, Retail Sales, Unemployment Rate
         UK Aug CPI/Core CPI, PPI/Core PPI (Input/Output), Retail  & House Price Index
         EU, France, Germany, Italy Aug CPI/HICP
         EU July Industrial Production, Q2 Labour Cost Index/Wage Growh
         ECB MPC Schnabel remarks @ECB Covered   Bond Market V-Conference (14:30)
         Indonesia Aug Car/Motorbike Sales
       
Wed    Sept 15 MBA weekly Mortgage Purchase/Refinance Applications
India Aug Trade Balance
Philly Fed Community Development Rural Policy V-Summit: Education (9am)
NY Fed Exec VP Held Keynotes @ISDA Swaps & Derivatives Ass'n Part III (9:10am et)
US Aug Import/Export Prices
NY Empire State Fed Sept Manufacturing Index
Canada Aug CPI/Core CPI, July New Motor Vehicle Sales
NY Fed Exec VP Market Ops Future for Benchmarks @ISDA Part III (noon edt)
ECB MPC Lane on "ECB's Monetary Policy Strategy Review" @IMFC policy webinar (17:00 cet)
US Aug Industrial Production/Capacity Utilization
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report
(10:30am et)
NY Fed 1st VP Hassan opens '4th Trimester & Beyond: The Case for Broad Investments in Maternal & Child Health' NY Fed/NYU Nursing/NYC Dept of Health/R W Wood Foundation webinar  
Philly Fed 'Ask the Fed: Sealed CECL Allowance for Lossses Estimator' webinar 2pm
S.L. Fed 'Saving the Environment w/Economic Ideas' (4:30pm ct)
Yom Kippur, Highest Holy Day in Judaism Starts at Sundown
    OVERNIGHT into US Thurs. a.m. et:

        New Zealand Q2 GDP
        Japan Aug Trade Balance
        AUD Aug Unemployment Rate/Change/F-/Part-time/Participation
        RBA (AUD) Bulletin
        EU Aug New Car Registrations
        Hong Kong Aug Unemployment Rate (when to be consolidated with China?)
        Swiss SECO Economic Forecasts
        EU July Trade Balance

        ECB Pres Lagarde @1st Edition "HEC Talks," hosted by Ecole des hautes etudes commerciales de Paris/EU League for Eco Cooperation (14:00 cet)
Thurs. Sept 16 US weekly Initial Jobless Claims/Continuing Claims
Canada Aug Housing Starts, Foreign Securities Purchases, Wholesale Sales
US Aug Retail Sales
Canada Aug ADP Employment Change
Philly Fed Sept Manufacturing Index/CapEx/New Orders/Prices/Employment
US July Business Inventories
EIA weekly Natural Gas Draws/Injections/Stockpiles (10:30am et)
US Treasury Auctions 4-, & 8-week Bills (v alues announced midweek)
US July TICS
Yom Kippur, Highest Holy Day in Judaism, ENDS @Sundown
    OVERNIGHT into US Fri. a.m. et
        Japan Aug Naional CPI/Core CPI
        Singapore Aug Trade Balancre
        UK Aug Retail Sales
        EU July Current Account, Aug CPI/Core CPI, Jul Construction Output
Friday,Sept 17 U.M. Prelim Sept Consumer Confidence/Inflation Expectations
Baker-Hughes weekly US/No.Am. Oil/Total Rig Count (1pm et)
Sat.,     Sept 18 
Sun.,    Sept 19     OVERNIGHT into US Mon. a.m. et:
        Canada Federal 'snap' Elections called by Trudeau

        German Aug PPI
         Mexico Q2 Aggregate Demand, Private Spending
         ECB MPC Schnabel keynotes Latvijas Banka's Eco V-Conf: 'Sustainable Economy in Times of Change' (12:35 cet) + Panelist "Monetary & Fiscal Policy--Interplay or Fight?" (12:50 cet)
       
Mon,    Sept 20 United Nations General Assembly (aka UNGA thru 30th)
NAHB Sept Housing Market Index
US Treasury Auctions $45B 3-, & $45B 6-month Bills

Russia Aug GDP, July Real Wage Growth
    OVERNIGHT into US Tues. a.m et:
        RBA (AUD) Meeting Minutes

        Swiss Aug Trade Balance
        Indonesia Sept Interest & Deposit Facility Rate Decisions
        Riksbank (Sweden) Interest Rate Decision, Monetary Policy Report, Aug Unem- ployment Rate
        UK Sept CBI Industrial Trends Orders
        Hungary Sept Deposit/Loan Interest Rate Decisions
        ECB's de Guindos
speaks @FT's 'Future of Europe: Strengthening Europe's Financial Sector' (9:05 cet) 
        ECB releases 'Comparing recent inflation developments in the US & euro area' (12:50 ceet)
Tues.,   Sept 21 FOMC Meets (thru 22nd)
ECB MPC Enria keynote @Spanish Banking Ass'n V-Conf. via LatAm Federation of Banks (FELABAN) & Spanish Banking Ass'n  (18:15 cet)
US Aug Housing Starts/Building Permits
Canada Aug New Housing Price Index
US Q2 Current Account
Redbook weekly store sales snapshot
US Treasury Auctions $24B reopened 20-year Bonds
API weekly crude report
    OVERNIGHT into US Wed.. a.m. et:
         China Sept Prime Loan Rate
         BoJ MPC Meets

         ECB non-Monetary Policy Meeting
         Taiwan Aug Unemployment Rate
         ECB MPC Enria speaks @BAC 26th Financials CEO V-Conference (12:30 cet)
Wed.    Sept 22 MBA weekly Mortgage Purchase/Refinance Applications
NAR Aug Existing Home Sales

BoE Insurance Regulator Gareth Truran speaks @BAC 26th Financials CEO Conf. (2:50)
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (10:30am et)
Russia Aug PPI, Industrial Production, Q3 Consumer Confidence
US Treasury Auctions $26B reopened 2-year FRN
FOMC post-Meeting Statement  (2pm et)
FOMC Chief Powell Press Conference
(2:30pm et)
Brazil Interest Rate Decision
BoE FPC Sam Woods speaks @Mansion House "Prudentist" (5pm)
    OVERNIGHT into US Thurs. a.m. et
       
AUD Sept Markit Manufacturing/Services/Composite Flash PMI
        EU, France, Germany, Italy Markit Sept Mnftg/Services/Composite (flash) PMI
        SNB (Swiss Nat'l Bank) MPC Interest Rates Decision

        EU General Council Meeting
        Norges Bank (Norway) Interest rate Decision & Monetary Policy Report
        Philippines Interest Rate Decision
        Taiwan Interest Rate Decision,
Aug Industrial Production, Retail Sales
        ECB MPC Elderson speaks @8th 'Conf on Banking Union' via Ctr for Financial Studies, Institute for Law & Finance + Freshfields Bruckhaus Deringer (11:45 +12:50cet)
        UK Sept Markit/CIPS Mnftg/Services/Composite (flash) PMI
        Bk of E
ngland FPC Interest Rate & QE Decision, Meeting Minutes, Vote Split (09/23 local)
Thurs.  Sept 23 US weekly Initial Jobless Claims/Continuing Claims
ECB MPC Fernandez-Bollo
panelist on 'Building the Financial System of the 21st Century: Agenda for Europe & U.S,' via Harvard Law School (8:55am et)
Chicago Fed Aug National Activity Index
Canada Jul Retail Sales
US Markit Sept Manufacturing/Services/Composite (flash) PMI
So. Africa Interest Rate & Prime Overdraft Rate Decision
EIA weekly Natural Gas Draws/Injections/Stockpiles
K.C. Fed Sept Manufacturing Index
LSE Economic Impacts of Tipping Points in the Climate System (11am et)
NY Fed Sr VP McLaughlin speaks @NASP (Nat'l Ass'n of Securities Pros) 32nd Fin- Services Conference (12:10pm edt)
Canada 50-year Bond Auction
US Treasury Auctions $14B reopened 10-year TIPS
    OVERNIGHT into US Fri. a.m. et:
        New Zealand Aug Trade Balance
        UK Sept GfK Consumer Confidence
        Japan Aug CPI/Core CPI, Jibun Bank Sept (flash) Mnftg/Servces/Composite PMI
        Singapore Aug Industrial Production
        German Sept IfO Business Climate/Current Conditions/Expectations
        UK CBI Sept Distributive Trades
        ECB MPC Elderson panelist @8th Conf. on Banking Union
        ECB MPC Fernandez-Bollo keynotes 'Guarantees for economic recovery to foster sustainable investments' via European Ass'n of Guarantee Institutions (9:10 cet)
        Mexico Jul Retail Sales
        India Bank Loan/Deposit Growth, FX Reserves
        Brazil Aug Current Account/Foreign Direct Investment
        ECB MPC Elderson @OECD roundtable on financing water: thematic meeting on climate action (13:50 cet)
       
Friday, Sept 24 ECB MPC Lane @5th Jt Regional Financing Arrangements annual research seminar via European Stability Mechanism (15:15 cet)
US Aug New Home Sales
Brazil Aug Federal Tax Revenues
FOMC's Powell speaks @Fed Listens: 'Perspectives on the Pandemic Recovery' (10am)
Baker-Hughes US/No.Am. Oil/Total Rig Count (1pm et)
V-Dialogue with the Fed: 'Long-Term Belief Scarring Effects of COVID-19' (2pm ct)
Sat.,     Sept 25 NY Fed Pres/CEO Williams presents paper on Int'l Coordination of Monetary Policy Strategies @SNB (Swiss) Research V-Conference (7am edt/1pm cest)
                                                     
       WEEKS AHEAD:

                09/27     Conversation on Service Provider Partnerships: Session One (3pm; Session II on 10/05) 
         09/28--29     Fed's Bostic @Chicago Fed 21st Payments Symposium 
                              K.C. Fed--Fed Reserve System Community Banking Innovation Program (thru 30th)
                 09/29    Power to Tax: Addressing Economic (Dis) parity in Indian Country (noon ct)
                              Financial Technology V-Summit on Cloud Computing: Continuing the Conversation' (9am)
            10/4--06    Boston Fed "Racial Disparities in Today's Economy"
                              Richmond Fed Rural America Week (thru 6th)
                 10/06    Chico Fed "Charging Ahead w/Electrification--Conversation About the Auto Industry"   (10am ct)
           10/06--07   Banking & the Economy: V-Forum for Women in Banking (thru 7th)
            10/07-08     Boston Fed Stress Testing Research Conference
                 10/15     MN Fed Fall 2021 Institute Research V-Conference Closed by James Bullard (10am ct)

*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, 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