US
0700 ET Weekly MBA mortgage applications, previous -3.0% to 342.5 with purchase sub-index down -2.0% to 233.1 and refi sub-index down -4.5% to 927.6.
0830 ET Q2 non-farm productivity expected +2.4%, Q1 +0.4%. Q2 unit labor costs expected unch, Q1 +2.9%.
0830 ET Aug Empire survey manufacturing business conditions expected -2.6 to 20.0, Jul -2.4 to 22.6.
0830 ET Jul retail sales expected +0.1% and +0.3% ex autos, Jun +0.5% and +0.4% ex autos.
0915 ET Jul manufacturing production expected +0.3%, Jun +0.8%. Jul industrial production expected +0.3%, Jun +0.6%. Jul capacity utilization expected +0.2 to 78.2%, Jun +0.3 to 78.0%.
1000 ET Jun business inventories expected +0.1%, May +0.4%.
1000 ET Aug NAHB housing market index expected -1 to 67, Jul unch at 68.
1030 ET EIA weekly Petroleum Status Report.
UK
0430 ET UK Jul CPI expected unch m/m and +2.5% y/y, Jun unch m/m and +2.4% y/y. Jul core CPI, Jun +1.9% y/y.
0430 ET UK Jul RPI expected +0.2% and +3.4% y/y, Jun +0.3% m/m and +3.4% y/y. Jul RPI ex-mortgage interest payments expected +3.5% y/y, Jun +3.4% y/y.
0430 ET UK Jun house price index expected +2,6% y/y, May +3.0% y/y.
CAN
0900 ET Canada Jul existing home sales, Jun +4.1% m/m.
JPN
1950 ET Japan Jul trade balance expected -41.2 billion yen, Jun +720.8 billion yen. Jul exports expected +6.3% y/y, Jun +6.7% y/y. Jul imports expected +14.2% y/y, Jun +2.6% y/y.
Commodity Calendar – Wednesday 8/15/2018
Date Time Event Survey Prior
8/15/2018 10:30 DOE Total Fuel Ethanol Inventory 10-Aug — 22923k
8/15/2018 10:30 DOE Fuel Ethanol Total Production 10-Aug — 1100k
8/15/2018 10:30 DOE U.S. Crude Oil Inventories 10-Aug — -1351k
8/15/2018 10:30 DOE Cushing OK Crude Inventory 10-Aug — -590k
8/15/2018 10:30 DOE U.S. Gasoline Inventories 10-Aug — 2900k
8/15/2018 10:30 DOE U.S. Distillate Inventory 10-Aug — 1230k
8/15/2018 10:30 DOE U.S. Refinery Utilization 10-Aug — 0.50%
8/15/2018 10:30 DOE Crude Oil Implied Demand 10-Aug — 18924
8/15/2018 10:30 DOE Gasoline Implied Demand 10-Aug — 9933.7
8/15/2018 10:30 DOE Distillate Implied Demand 10-Aug — 5230.3