US
0415 ET New York Fed President William Dudley (voter) speaks about reference rate reform at a BOE event in London.
0830 ET Weekly initial unemployment claims expected -2,000 to 220,000, previous +11,000 to 222,000. Weekly continuing claims expected +41,000 to 1.748 million, previous -87,000 to 1.707 million.
0830 ET USDA weekly Export Sales.
0900 ET Mar FHFA house price index expected +0.6% m/m, Feb +0.6% m/m. Q1 price index expected +0.7% q/q, Q4 +1.6% q/q.
1000 ET Apr existing home sales expected -0.9% to 5.55 million, Mar +1.1% to 5.60 million.
1035 ET Atlanta Fed President Raphael Bostic (voter) delivers opening remarks at a Dallas Fed conference.
1100 ET May Kansas City Fed manufacturing activity expected -6 to 20, Apr +9 to 26.
1300 ET Treasury auctions $30 billion 7-year T-notes.
1400 ET Philadelphia Fed President Patrick Harker (non-voter) speaks at an event at the Dallas Fed conference on ‘Technology-Enabled Disruption: Implications for Business, Labor Markets and Monetary Policy.’
JPN
0100 ET Revised Japan Mar leading index CI, prelim-Mar -0.9 to 105.0. Revised Mar coincident index, prelim-Mar +0.4 to 116.4.
GER
0200 ET Revised German Q1 GDP, previous +0.3% q/q and +1.6% y/y (nsa).
0200 ET German Jun GfK consumer confidence expected unch at 10.8, May -0.1 to 10.8.
FRA
0245 ET France May business confidence expected -1 to 107, Apr -1 to 108.
UK
0430 ET UK Apr retail sales ex auto fuel expected +0.5% m/m and +0.1% y/y, Mar -0.5% m/m and +1.1% y/y. Apr retail sales including auto fuel expected +0.9% m/m and +0.2% y/y, Mar -1.2% m/m and +1.1% y/y.
Commodity Calendar – Thursday 5/24/2018
Date Time Event Survey Prior
5/24/2018 8:30 Net Export Sales Corn-Total 17-May — 1114.9
5/24/2018 8:30 Net Export Sales Corn-Old Crop 17-May — 985.7
5/24/2018 8:30 Net Export Sales Soybeans-Total 17-May — 506.5
5/24/2018 8:30 Net Export Sales Soybeans-Old 17-May — 281.9
5/24/2018 8:30 Net Export Sales Wheat-Total 17-May — 194.7
5/24/2018 8:30 Net Export Sales Wheat-Old 17-May — 63.1
5/24/2018 8:30 Net Export Sales Cotton-Total 17-May — 382.6
5/24/2018 8:30 Net Export Sales Cotton-Old 17-May — 153.3
5/24/2018 8:30 Net Export Sales Soy Meal-Total 17-May — 421.6
5/24/2018 8:30 Net Export Sales Soy Meal-Old 17-May — 376
5/24/2018 8:30 Net Export Sales Soy Oil-Total 17-May — 10.2
5/24/2018 8:30 Net Export Sales Soy Oil-Old 17-May — 10.2
5/24/2018 10:30 EIA Working Natural Gas Implied Flow 18-May — 106
5/24/2018 10:30 EIA Natural Gas Storage Change 18-May — 106
5/24/2018 15:00 USDA Red Meat Production Apr — -0.40%