US
0830 ET Weekly initial unemployment claims expected +2,000 to 220,000, previous +1,000 to 218,000. Weekly continuing claims expected +6,000 to 1.730 million, previous -23,000 to 1.724 million.
0830 ET Jul PPI final demand expected +0.2% m/m and +3.4% y/y, Jun +0.3% m/m and +3.4% y/y. Jul PPI ex food & energy expected +0.3% m/m and +2.8% y/y, Jun +0.3% m/m and +2.8% y/y.
1000 ET Final-Jun wholesale inventories expected unrevised at 0.0%. Jun wholesale trade sales expected +0.2% m/m, May +2.5% m/m.
1300 ET Treasury auctions $18 billion of 30-year T-bonds.
1300 ET Chicago Fed President Charles Evans (non-voter) speaks to reporters at an event in Chicago.
JPN
0200 ET Japan Jul machine tool orders, Jun +11.4% y/y.
1950 ET Japan Jul PPI expected +0.2% m/m and +2.9% y/y, Jun +0.2% m/m and +2.8% y/y.
1950 ET Japan Q2 GDP expected +1.4% (q/q annualized), Q1 -0.6% (q/q annualized). Q2 deflator expected -0.2% y/y, Q1 +0.5% y/y. Q2 private consumption expected +0.2% q/q, Q1 -0.1% q/q. Q2 business spending expected +0.6% q/q, Q1 +0.3% q/q.
CAN
0815 ET Canada Jul housing starts expected 219,500, Jun 248,100.
0830 ET Canada Jun new housing price index expected +0.7% y/y, May +0.9% y/y.
CHI
n/a China Jul new yuan loans expected +1.250 trillion yuan, Jun +1.840 trillion yuan. Jul aggregate financing expected +1.10 trillion yuan, Jun +1.18 trillion yuan.
Commodity Calendar – Thursday 8/9/2018
Date Time Event Survey Prior
8/9/2018 8:30 Net Export Sales Corn-Total 2-Aug — 1278.1
8/9/2018 8:30 Net Export Sales Corn-Old Crop 2-Aug — 292
8/9/2018 8:30 Net Export Sales Soybeans-Total 2-Aug — 637
8/9/2018 8:30 Net Export Sales Soybeans-Old 2-Aug — 93.7
8/9/2018 8:30 Net Export Sales Wheat-Total 2-Aug — 382.5
8/9/2018 8:30 Net Export Sales Wheat-Old 2-Aug — 382.5
8/9/2018 8:30 Net Export Sales Cotton-Total 2-Aug — 280.9
8/9/2018 8:30 Net Export Sales Cotton-Old 2-Aug — 19.7
8/9/2018 8:30 Net Export Sales Soy Meal-Total 2-Aug — 136.3
8/9/2018 8:30 Net Export Sales Soy Meal-Old 2-Aug — 79
8/9/2018 8:30 Net Export Sales Soy Oil-Total 2-Aug — 15.5
8/9/2018 8:30 Net Export Sales Soy Oil-Old 2-Aug — 14.2
8/9/2018 10:30 EIA Working Natural Gas Implied Flow 3-Aug — 35
8/9/2018 10:30 EIA Natural Gas Storage Change 3-Aug — 35