by admin | Dec 13, 2017 | Uncategorized
US 0700 ET Weekly MBA mortgage applications, previous +4.7% with purchase sub-index +2.4% and refi sub-index +9.0%. 0830 ET Nov CPI expected +0.4% m/m and +2.2% y/y, Oct +0.1% m/m and +2.0% y/y. Nov CPI ex food & energy expected +0.2% m/m and +1.8% y/y, Oct +0.2%...
by admin | Dec 13, 2017 | Uncategorized
FOMC’s balance sheet drawdown program is so far imperceptible but will start to bite by late 2018 Regarding today’s FOMC meeting decision, the market is discounting a 100% chance of a +25 bp rate hike to a new funds rate target of +1.25%-1.50% Fed Chair...
by admin | Dec 12, 2017 | Uncategorized
US 0830 ET Nov PPI final demand expected +0.3% m/m and +2.9% y/y, Oct +0.4% m/m and +2.8% y/y. Nov PPI ex food & energy expected +0.2% m/m and +2.4% y/y, Oct +0.4% m/m and +2.4% y/y. 1030 ET FOMC begins 2-day policy meeting. 1200 ET USDA Dec WASDE crop production....
by admin | Dec 12, 2017 | Uncategorized
Today’s Alabama Senator special election could affect the chances for the tax bill FOMC rate hike chances pegged at 100% U.S core PPI expected to remain at 5-3/4 year high 30-year T-bond auction to yield near 2.77% Today’s Alabama Senator special election...
by admin | Dec 11, 2017 | Uncategorized
US 1000 ET Oct JOLTS job openings expected +7,000 to 6.100 million, Sep +3,000 to 6.093 million. 1100 ET USDA weekly grain export inspections. 1130 ET Treasury auctions $24 billion 3-year T-notes. 1300 ET Treasury auctions $20 billion 10-year T-notes. JPN 0100 ET...
