US
0700 ET Weekly MBA mortgage applications, previous +5.1% to 384.1 with purchase sub-index +4.3% to 259.6 and refi sub-index +6.1% to 1,052.3.
0830 ET May wholesale inventories expected +0.2%, Apr unch.
0830 ET May durable goods expected -1.0% and +0.5% ex transportation, Apr -1.6% and +0.9% ex transportation. May capital goods new orders non-defense ex aircraft expected +0.5%, Apr +1.0%.
1000 ET May pending home sales expected +0.5% m/m, Apr -1.3% m/m and +0.4% y/y.
1030 ET EIA weekly Petroleum Status Report.
1130 ET Treasury auctions $16 billion 2-year floating-rate notes.
1215 ET Boston Fed President Eric Rosengren (non-voter) delvers a lecture on “Ethics and Economics: Is the Economy Too Sensitive to Economic Downturns?†at the Peterson Institute for International Economics in Washington.
1300 ET Treasury auctions $36 billion of 5-year T-notes.
UK
0200 ET UK Jun nationwide house prices expected +0.2% m/m and +1.7% y/y, May -0.2% m/m and +2.4% y/y.
0600 ET UK Jun CBI retailing reported sales expected -1 to 10, May +13 to 11.
FRA
0245 ET France Jun consumer confidence expected unch at 100, May unch at 100.
EUR
0400 ET Eurozone May M3 money supply expected +3.8% y/y, Apr +3.9% y/y.
ITA
0400 ET Italy Jun consumer confidence expected -0.4 to 113.3, May -3.2 to 113.7.
0600 ET Italy May PPI, Apr -0.7% m/m and +1.4% y/y.
JPN
1950 ET Japan May retail sales expected -0.8% m/m and +1.4% y/y, Apr +1.3% m/m and +1.5% y/y.
Commodity Calendar – Tuesday 6/26/2018
Date Time Event Survey Prior
6/27/2018 10:30 DOE Total Fuel Ethanol Inventory 22-Jun — 21647k
6/27/2018 10:30 DOE Fuel Ethanol Total Production 22-Jun — 1064k
6/27/2018 10:30 DOE U.S. Crude Oil Inventories 22-Jun — -5914k
6/27/2018 10:30 DOE Cushing OK Crude Inventory 22-Jun — -1296k
6/27/2018 10:30 DOE U.S. Gasoline Inventories 22-Jun — 3277k
6/27/2018 10:30 DOE U.S. Distillate Inventory 22-Jun — 2715k
6/27/2018 10:30 DOE U.S. Refinery Utilization 22-Jun — 1.00%
6/27/2018 10:30 DOE Crude Oil Implied Demand 22-Jun — 19987
6/27/2018 10:30 DOE Gasoline Implied Demand 22-Jun — 9928.7
6/27/2018 10:30 DOE Distillate Implied Demand 22-Jun — 5129.1