US
0700 ET Weekly MBA mortgage applications, previous -1.9% to 380.6 with the purchase sub-index -2.0% to 247.3 and the refi sub-index -1.7% to 1110.8.
0830 ET New York Fed President William Dudley (voter) delivers opening remarks at a community bankers conference at the New York Fed.
1030 ET EIA weekly Petroleum Status Report.
1400 ET Fed Beige Book.
1515 ET New York Fed President William Dudley (voter) speaks about the U.S. economic outlook and the implications for monetary policy at Lehman College in New York.
1615 ET Fed Governor Randal Quarles speaks at the Bretton Woods Committee annual meeting in Washington D.C.
EUR
0200 ET Eurozone Mar new car registrations, Feb +4.3% y/y.
0500 ET Revised Eurozone Mar CPI, prelim-Mar +1.4% y/y. Revised Mar core CPI, prelim-Mar +1.0% y/y.
0500 ET Eurozone Feb construction output, Jan -2.2% m/m and +3.7% y/y.
ITA
0400 ET Italy Feb industrial sales, Jan -2.8% m/m and +5.3% y/y.
0400 ET Italy Feb industrial orders, Jan -4.5% m/m and +9.6% y/y.
UK
0430 ET UK Mar CPI expected +0.3% m/m and +2.7% y/y, Feb +0.4% m/m and +2.7% y/y. Mar core CPI expected +2.5% y/y, Feb +2.4% y/y.
0430 ET UK Mar RPI expected +0.3% m/m and +3.5% y/y, Feb +0.8% m/m and +3.6% y/y. Mar RPI ex-mortgage interest payments expected +3.6% y/y, Feb +3.6% y/y.
0430 ET UK Mar PPI input prices expected +0.3% and +4.3% y/y, Feb -1.1% m/m and +3.4% y/y.
0430 ET UK Mar PPI output expected +0.1% m/m and +2.3% y/y, Feb unch m/m and +2.6% y/y. Mar PPI output core expected +0.2% m/m and +2.2% y/y, Feb +0.2% m/m and +2.4% y/y.
0430 ET UK Feb house price index expected +4.7% y/y, Jan +4.9% y/y.
CAN
1000 ET BOC announces interest rate decision, expected no change to the 1.25% benchmark rate.
Commodity Calendar – Wednesday 4/18/2018
Date Time Event Survey Prior
4/18/2018 10:30 DOE Total Fuel Ethanol Inventory 13-Apr — 21846k
4/18/2018 10:30 DOE Fuel Ethanol Total Production 13-Apr — 1034k
4/18/2018 10:30 DOE U.S. Crude Oil Inventories 13-Apr — 3306k
4/18/2018 10:30 DOE Cushing OK Crude Inventory 13-Apr — 1129k
4/18/2018 10:30 DOE U.S. Gasoline Inventories 13-Apr — 458k
4/18/2018 10:30 DOE U.S. Distillate Inventory 13-Apr — -1044k
4/18/2018 10:30 DOE U.S. Refinery Utilization 13-Apr — 0.50%
4/18/2018 10:30 DOE Crude Oil Implied Demand 13-Apr — 18703
4/18/2018 10:30 DOE Gasoline Implied Demand 13-Apr — 10062.1
4/18/2018 10:30 DOE Distillate Implied Demand 13-Apr — 5530.1