by admin | Jul 7, 2017 | Uncategorized
Fri US 0830 ET Jun non-farm payrolls expected +177,000, May +138,000. Jun private payrolls expected +170,000, May +147,000. Jun manufacturing payrolls expected +5,000, May -1,000. Jun unemployment rate expected unch at 4.3%, May -0.1 to 4.3%. 0830 ET Jun avg hourly...
by admin | Jul 7, 2017 | Uncategorized
Today’s U.S. unemployment report could affect Fed’s timing German 10-year Bund yield surges above 0.50% and T-note yield partially follows Today’s U.S. unemployment report could affect Fed’s timing — Today’s June unemployment report...
by admin | Jul 6, 2017 | Uncategorized
ADP employment expected to show a solid increase — The market consensus is for today’s June ADP employment report to show a solid increase of +188,000, although that would be down from May’s strong report of +253,000 jobs. The ADP report has been...
by admin | Jul 6, 2017 | Uncategorized
ADP employment expected to show a solid increase — The market consensus is for today’s June ADP employment report to show a solid increase of +188,000, although that would be down from May’s strong report of +253,000 jobs. The ADP report has been...
by admin | Jul 5, 2017 | Uncategorized
Wed US 1000 ET May factory orders expected -0.5%, Apr -0.2% and +0.1% ex transportation. 1400 ET Minutes of the Jun 13-14 FOMC meeting. ITA 0345 ET Italy Jun Markit/ADACI services PMI expected -0.5 to 54.6, May -1.1 to 55.1. FRA 0350 ET Revised France Jun Markit...
by admin | Jul 5, 2017 | Uncategorized
Balance sheet reduction likely to take priority over the next rate hike as FOMC minutes are released today U.S. factory orders report expected to be weak Rise in 10-year T-note yield is mainly due to surge in bund yields but also to higher inflation expectations and...
by admin | Jul 3, 2017 | Uncategorized
Mon US 0430 ET St. Louis Fed President James Bullard (non-voter) speaks at a BOE academic macroeconomy conference. 0945 ET Revised Jun Markit U.S. manufacturing PMI expected unrevised at 52.1, prelim-Jun -0.6 to 52.1. 1000 ET Jun ISM manufacturing PMI expected +0.3 to...
by admin | Jul 3, 2017 | Uncategorized
Weekly U.S. market focus U.S. ISM manufacturing index expected to remain strong U.S. vehicle sales expected to post new 2-1/4 year low T-note yield rises to 1-1/2 month high on hawkish Draghi and rising oil prices U.S. stocks remain on the defensive due to tech...
by admin | Jun 30, 2017 | Uncategorized
Fri US 0830 ET May personal spending expected +0.1%, Apr +0.4%. May personal income expected +0.3%, Apr +0.4%. 0830 ET May PCE deflator expected -0.1% m/m and +1.5% y/y, Apr +0.2% m/m and +1.7% y/y. May core PCE deflator expected +0.1% m/m and +1.4% y/y, Apr +0.2% m/m...
by admin | Jun 30, 2017 | Uncategorized
U.S. PCE deflator expected to edge lower and provide support for the sharp drop in inflation expectations U.S. personal income and consumption expected to show modest increases U.S. consumer sentiment expected to remain generally strong CBO sets early to mid-Oct...