by admin | Feb 22, 2017 | Uncategorized
FOMC minutes will be watched for rate-hike timing, fiscal uncertainty, and any balance sheet discussions Real yields remain negative on the Treasury curve shorter than 5 years 5-year T-note auction to yield near 1.92% U.S. existing home sales expected to show...
by admin | Feb 21, 2017 | Uncategorized
Tue US 0850 ET Minneapolis Fed President Neel Kashkari (voter) participates in a discussion about the economy and the role of the Federal Reserve at a meeting of the Financial Planning Association of Minnesota in Golden Valley, MN. 0945 ET Feb...
by admin | Feb 21, 2017 | Uncategorized
Weekly market focus U.S. stock market remains at record high on earnings, economic data, and tax reform hopes Markets await Trump/Republican corporate tax plan 2-year T-note auction to yield near 1.19% Favorable Q4 earnings season winds down with focus on retailers...
by admin | Feb 17, 2017 | Uncategorized
Fri US 1000 ET Jan leading indicators expected +0.5%, Dec +0.5%. EUR 0400 ET Eurozone Dec current account, Nov +40.5 billion euros (nsa). 0500 ET Eurozone Dec construction output, Nov +0.4% m/m and unch y/y. UK 0430 ET UK Jan retail...
by admin | Feb 17, 2017 | Uncategorized
Border adjustment tax plan not likely to survive Border adjustment tax plan not likely to survive — The markets are hoping for some clarity on the tax-cut situation when President Trump in 1-1/2 weeks on Feb 28 delivers his address to a joint...
by admin | Feb 16, 2017 | Uncategorized
Thu US 0830 ET Weekly initial unemployment claims expected +11,000 to 245,000, previous -12,000 to 234,000. Weekly continuing claims expected -23,000 to 2.055 million, previous +15,000 to 2.078 million. 0830 ET Jan housing starts expected unch at 1.226...
by admin | Feb 16, 2017 | Uncategorized
Odds for Fed tightening rise substantially on strong US retail sales and CPI reports and Yellen testimony U.S. unemployment claims remain in good shape U.S. housing starts expected to hold December’s gain Odds for Fed tightening rise...
by admin | Feb 15, 2017 | Uncategorized
Wed US 0700 ET Weekly MBA mortgage applications, previous +2.3% with purchase sub-index +1.8% and refi sub-index +2.2%. 0830 ET Feb Empire manufacturing survey general business conditions expected +0.3 to 6.8, Jan -1.1 to 6.5. 0830 ET Jan...
by admin | Feb 15, 2017 | Uncategorized
Yellen provides no fresh hints on rate-hike timing U.S. CPI expected to move higher due to energy prices but core CPI is expected to ease slightly U.S. retail sales expected to show decent +0.4% increase ex-autos U.S. industrial production ex-autos expected to...
by admin | Feb 14, 2017 | Uncategorized
Yellen likely to remain noncommittal in today’s Congressional testimony Jan U.S. PPI expected to cool a bit Yellen likely to remain noncommittal in today’s Congressional testimony — Fed Chair Yellen today will deliver her...
