US 0700 ET Weekly MBA mortgage applications, previous +4.8% with purchase sub-index +3.1% and refi sub index +7.3%.
0815 ET Mar ADP employment change expected +210,000, Feb +235,000.
0945 ET St. Louis Fed President James Bullard (non-voter) speaks on the economy and monetary policy to the Arkansas Bankers Association.
0945 ET Final-Mar Markit U.S. services PMI expected +0.1 to 54.2, prelim-Mar -1.8 to 54.1. Final-Mar Markit U.S. Composite PMI, prelim-Mar -1.5 to 54.3.
1000 ET Mar ISM non-manufacturing PMI expected -0.5 to 59.0, Feb -0.4 to 59.5.
1000 ET Feb factory orders expected +1.7%, Jan -1.4% and +0.4% ex transportation.
1030 ET EIA weekly Petroleum Status Report.
1100 ET Cleveland Fed President Loretta Mester (voter) speaks on diversity in economics at Central State University in Wilberforce, OH.
ITA 0400 ET Italy Feb unemployment rate expected -0.1 to 11.0%, Jan +0.2 to 11.1%.
UK 0430 ET UK Mar Markit/CIPS construction PMI expected -0.4 to 51.0, Feb +1.2 to 51.4.
EUR 0500 ET Eurozone Feb unemployment rate expected -0.1 to 8.5%, Jan unch at 8.6%.
0500 ET Eurozone Mar CPI expected +1.4% y/y, Feb +1.2% y/y. Mar core CPI expected +1.1% y/y, Feb +1.0% y/y.
Commodity Calendar – Wednesday 4/4/2018
Date Time Event Survey Prior
4/4/2018 10:30 DOE Total Fuel Ethanol Inventory 30-Mar — 22790k
4/4/2018 10:30 DOE Fuel Ethanol Total Production 30-Mar — 1039k
4/4/2018 10:30 DOE U.S. Crude Oil Inventories 30-Mar — 1643k
4/4/2018 10:30 DOE Cushing OK Crude Inventory 30-Mar — 1804k
4/4/2018 10:30 DOE U.S. Gasoline Inventories 30-Mar — -3472k
4/4/2018 10:30 DOE U.S. Distillate Inventory 30-Mar — -2090k
4/4/2018 10:30 DOE U.S. Refinery Utilization 30-Mar — 0.60%
4/4/2018 10:30 DOE Crude Oil Implied Demand 30-Mar — 18346
4/4/2018 10:30 DOE Gasoline Implied Demand 30-Mar — 10306.7
4/4/2018 10:30 DOE Distillate Implied Demand 30-Mar — 5292.6