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US 0700 ET Weekly MBA mortgage applications, previous -6.6% with purchase sub-index -6.2% and refi sub-index -7.1%.
    0830 ET Revised Q4 GDP expected +2.5% (q/q annualized), previous +2.6%.  Q4 personal consumption expected +3.6%, previous +3.8%.  Q4 GDP price index expected unrevised at +2.4%.  Q4 core PCE deflator expected unrevised at +1.9% q/q.
    0945 ET Feb Chicago PMI expected -1.6 to 64.1, Jan -2.1 to 65.7.
    1000 ET Jan pending home sales expected +0.5% m/m, Dec +0.5% m/m and -1.8% y/y.
    1030 ET EIA weekly Petroleum Status Report.
  JPN 0000 ET Japan Jan housing starts expected -4.7% y/y to 940,000 annualized, Dec -2.1% to 936,000 annualized.
    0000 ET Japan Jan construction orders, Dec -8.1% y/y.
    1850 ET Japan Q4 capital spending expected +3.0% y/y, Q3 +4.2% y/y.  Q4 capital spending ex-software expected +2.7% y/y, Q3 +4.3% y/y.
    2030 ET Revised Japan Feb Nikkei manufacturing PMI, prelim-Jan -0.8 to 54.0.
  GER 0200 ET German Mar GfK consumer confidence expected -0.1 to 10.9, Feb +0.2 to 11.0.
    0355 ET German Feb unemployment change expected -15,000, Jan -24,000.  Feb unemployment rate expected unch at 5.4%, Jan -0.1 to 5.4%.
  FRA 0245 ET France Jan PPI, Dec unch m/m and +1.7% y/y.
    0245 ET France Jan consumer spending expected +0.4% m/m and +1.1% y/y, Dec -1.2% m/m and +1.0% y/y.
    0245 ET Revised France Q4 GDP, previous +0.6% q/q and +2.4% y/y.
    0245 ET France Feb CPI (EU harmonized) expected +0.2% m/m and +1.5% y/y, Jan -0.1% m/m and +1.5% y/y.
  EUR 0500 ET Eurozone Feb CPI estimate expected +1.2% y/y, Jan +1.3% y/y.  Feb core CPI expected +1.0% y/y, Jan +1.0% y/y.
  ITA 0500 ET Italy Feb CPI (EU harmonized) expected unch m/m and +1.0% y/y, Jan -1.6% m/m and +1.2% y/y.
  CAN 0830 ET Canada Jan raw materials price index, Dec -0.9%m/m.  Jan industrial product prices, Dec -0.1% m/m.
  CHI 2045 ET China Feb Caixin (flash) manufacturing PMI expected -0.2 to 51.3, Jan unch at 51.5.

 

Commodity Calendar – Tuesday 2/28/2018      
         
         
2/28/2018 10:30 DOE Total Fuel Ethanol Inventory 23-Feb 22753k
2/28/2018 10:30 DOE Fuel Ethanol Total Production 23-Feb 1068k
2/28/2018 10:30 DOE U.S. Crude Oil Inventories 23-Feb -1616k
2/28/2018 10:30 DOE Cushing OK Crude Inventory 23-Feb -2664k
2/28/2018 10:30 DOE U.S. Gasoline Inventories 23-Feb 261k
2/28/2018 10:30 DOE U.S. Distillate Inventory 23-Feb -2422k
2/28/2018 10:30 DOE U.S. Refinery Utilization 23-Feb -1.70%
2/28/2018 10:30 DOE Crude Oil Implied Demand 23-Feb 17522
2/28/2018 10:30 DOE Gasoline Implied Demand 23-Feb 9919.9
2/28/2018 10:30 DOE Distillate Implied Demand 23-Feb 5078

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