US
0700 ET Weekly MBA mortgage applications, previous +0.9% with purchase sub-index +3.4% and refi sub-index -2.2%.
0830 ET Q4 current account balance expected -$125.0 billion, Q3 -$100.6 billion.
1000 ET Feb existing home sales expected +0.4% to 5.40 million, Jan -3.2% to 5.38 million.
1030 ET EIA weekly Petroleum Status Report.
1400 ET FOMC interest rate decision expected +25 bp increase in fed funds target range to 1.50%/1.75% from 1.25%/1.50%.
UK
0530 ET UK Feb jobless claims change, Jan -7,200. Feb claimant count rate, Jan 2.3%.
0530 ET UK ILO unemployment rate expected unch at 4.4% for the three months through Jan, previous +0.1 to 4.4% for the three months through Dec.
0530 ET UK Jan avg weekly earnings expected +2.6% 3-mo avg y/y, Dec +2.5% 3-mo avg y/y. Jan avg weekly earnings ex-bonus expected +2.6% 3-mo avg y/y, Dec +2.5% 3-mo avg y/y.
0530 ET UK Feb public sector net borrowing expected -0.5 billion pounds, Jan -11.6 billion pounds.
0700 ET UK Mar CBI trends total orders expected -2 to 8, Feb -4 to 10. Mar CBI trends selling prices, Feb -15 to 25.
JPN
n/a Japanese markets closed for Vernal Equinox Day.
2030 ET Japan Mar Nikkei manufacturing PMI, Feb -0.7 to 54.1.
Commodity Calendar – Wednesday 3/21/2018
Date Time Event Survey Prior
3/21/2018 10:30 DOE Total Fuel Ethanol Inventory 16-Mar — 24281k
3/21/2018 10:30 DOE Fuel Ethanol Total Production 16-Mar — 1025k
3/21/2018 10:30 DOE U.S. Crude Oil Inventories 16-Mar — 5022k
3/21/2018 10:30 DOE Cushing OK Crude Inventory 16-Mar — 338k
3/21/2018 10:30 DOE U.S. Gasoline Inventories 16-Mar — -6271k
3/21/2018 10:30 DOE U.S. Distillate Inventory 16-Mar — -4360k
3/21/2018 10:30 DOE U.S. Refinery Utilization 16-Mar — 2.00%
3/21/2018 10:30 DOE Crude Oil Implied Demand 16-Mar — 17249
3/21/2018 10:30 DOE Gasoline Implied Demand 16-Mar — 10427.3
3/21/2018 10:30 DOE Distillate Implied Demand 16-Mar — 5323.9