US 0700 ET Weekly MBA mortgage applications, previous +4.5% with purchase sub-index +6.1% and refi sub-index +0.9%.
0815 ET Jan ADP employment change expected +183,000, Dec +250,000.
0830 ET Q4 employment cost index expected +0.6%, Q3 +0.7%.
0830 ET Treasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $20 billion) and 30-year T-bonds (previous $12 billion) to be auctioned Feb 6-8 in the Feb quarterly refunding.
0945 ET Jan Chicago PMI expected -3.8 to 64.0, Dec +2.2 to 67.8.
1000 ET Dec pending home sales expected +0.5% m/m and +2.7% y/y, Nov +0.2% m/m and +0.6% y/y.
1030 ET EIA weekly Petroleum Status Report.
1400 ET FOMC announces interest rate decision, 1.25%-1.50% fed funds target range expected unchanged.
JPN 0000 ET Japan Jan consumer confidence index expected +0.2 to 44.9, Dec -0.2 to 44.7.
0000 ET Japan Dec housing starts expected +1.0% y/y to 935,000 annualized, Nov -0.4% y/y to 951,000 annualized.
0000 ET Japan Dec construction orders, Nov +20.5% y/y.
1930 ET Revised Japan Jan Nikkei manufacturing PMI.
FRA 0245 ET France Jan CPI (EU harmonized) expected -0.5% m/m and +1.1% y/y, Dec +0.4% m/m and +1.2% y/y.
0245 ET France Dec PPI, Nov +1.4% m/m and +2.4% y/y.
GER 0200 ET German Dec retail sales expected -0.4% m/m and +2.8% y/y, Nov +1.9% m/m and +4.4% y/y
0355 ET German Jan unemployment change expected -17,000, Dec -29,000. Jan unemployment rate expected -0.1 to 5.4%, Dec unch at 5.5%.
ITA 0400 ET Italy Dec unemployment rate expected -0.1 to 10.9%, Nov -0.1 to 11.0%.
EUR 0500 ET Eurozone Jan CPI estimate expected +1.2% y/y, Dec +1.4% y/y. Jan core CPI expected +1.0% y/y, Dec +0.9% y/y.
0500 ET Eurozone Dec unemployment rate expected unch at 8.7%, Nov -0.1 to 8.7%.
CAN 0830 ET Canada Nov GDP expected +0.4% m/m and +3.4% y/y, Oct unch m/m and +3.4% y/y.
0830 ET Canada Dec industrial product prices expected -0.2% m/m, Nov +1.4% m/m. Dec raw materials price index expected -2.3% m/m, Nov +5.5% m/m.
CHI 2045 ET China Jan Caixin (flash) manufacturing PMI expected unch at 51.5, Dec +0.7 to 51.5.
Commodity Calendar – Wednesday 1/31/2018
Date Time Event Period Survey Prior
1/31/2018 10:30 DOE U.S. Gasoline Inventories 26-Jan — 3098k
1/31/2018 10:30 DOE U.S. Crude Oil Inventories 26-Jan — -1071k
1/31/2018 10:30 DOE Total Fuel Ethanol Inventory 26-Jan — 23800k
1/31/2018 10:30 DOE Fuel Ethanol Total Production 26-Jan — 1062k
1/31/2018 10:30 DOE Cushing OK Crude Inventory 26-Jan — -3150k
1/31/2018 10:30 DOE U.S. Distillate Inventory 26-Jan — 639k
1/31/2018 10:30 DOE U.S. Refinery Utilization 26-Jan — -2.10%
1/31/2018 10:30 DOE Crude Oil Implied Demand 26-Jan — 18072
1/31/2018 10:30 DOE Gasoline Implied Demand 26-Jan — 9523.9
1/31/2018 10:30 DOE Distillate Implied Demand 26-Jan — 4986.7
1/31/2018 15:00 Cattle Inventory Total Dec — —
1/31/2018 15:00 Cattle Inventory YoY Dec — —