US
0700 ET Weekly MBA mortgage applications, previous -3.3% to 388.1, purchase sub-index -2.1% to 252.3, refi sub-index -4.9% to 1,130.1.
0830 ET Mar CPI expected unch m/m and +2.4% y/y, Feb +0.2% m/m and +2.2% y/y. Mar CPI ex food & energy expected +0.2% m/m and +2.1% y/y, Feb +0.2% m/m and +1.8% y/y.
1030 ET EIA weekly Petroleum Status Report.
1300 ET Treasury auctions $21 billion of 10-year T-notes.
1400 ET Mar monthly budget statement expected -$186.0 billion, Feb -$215.2 billion.
1400 ET Minutes of the Mar 20-21 FOMC meeting.
JPN
1950 ET Japan Mar M2 expected +3.2% y/y, Feb +3.3% y/y. Mar M3 expected +2.7% y/y, Feb +2.8% y/y.
ITA
0400 ET Italy Feb retail sales expected +0.3% m/m and +0.6% y/y, Jan -0.5% m/m and -0.8% y/y.
UK
0430 ET UK Feb industrial production expected +0.4% m/m and +2.9% y/y, Jan +1.3% m/m and +1.6% y/y. UK Feb manufacturing production expected +0.2% m/m and +3.3% y/y, Jan +0.1% m/m and +2.7% y/y.
0430 ET UK Feb construction output expected +0.7% m/m and -2.5% y/y, Jan -3.4% m/m and -3.9% y/y.
0430 ET UK Feb visible trade balance expected -11.9 bln stlg, Jan -12.325 bln stlg. Feb trade balance expected -2.6 billion stlg, Jan -3.074 billion stlg.
1901 ET UK Mar RICS house price balance expected 2%, Feb 0%.
EUR
1100 ET ECB President Mario Draghi speaks at an award ceremony in Frankfurt followed by Q&A.
Commodity Calendar – Wednesday 4/11/2018
Date Time Event Survey Prior
4/11/2018 10:30 DOE Total Fuel Ethanol Inventory 6-Apr — 22425k
4/11/2018 10:30 DOE Fuel Ethanol Total Production 6-Apr — 1038k
4/11/2018 10:30 DOE U.S. Crude Oil Inventories 6-Apr — -4617k
4/11/2018 10:30 DOE Cushing OK Crude Inventory 6-Apr — 3666k
4/11/2018 10:30 DOE U.S. Gasoline Inventories 6-Apr — -1116k
4/11/2018 10:30 DOE U.S. Distillate Inventory 6-Apr — 537k
4/11/2018 10:30 DOE U.S. Refinery Utilization 6-Apr — 0.70%
4/11/2018 10:30 DOE Crude Oil Implied Demand 6-Apr — 19018
4/11/2018 10:30 DOE Gasoline Implied Demand 6-Apr — 10169.4
4/11/2018 10:30 DOE Distillate Implied Demand 6-Apr — 5038.3