Holiday-Adjacent Waiting Game
Holiday-Adjacent Waiting Game
Monday may not have been an official holiday for the U.S. bond market, but it way as well have been. Volume certainly acted the part, which is no surprise considering overseas holiday closures. Headlines and data had a limited impact, at best. In general the market is waiting to see what happens in Iran after tomorrow night's deadline on Trump's ultimatum to reopen shipping channels.
Holiday-Adjacent Waiting Game
| Time | Event | Period | Actual | Forecast | Prior |
|---|---|---|---|---|---|
| Tuesday, Apr 07 | |||||
| 8:15AM | ADP Employment Change Weekly | 26K | 10K | ||
| 8:30AM | Feb Core CapEx (%) | Feb | 0.6% | 0.4% | 0% |
| 8:30AM | Feb Durable goods (%) | Feb | -1.4% | -0.5% | 0% |
| 11:00AM | Mar Consumer Inflation Expectations | Mar | 3% | ||
| 12:35PM | Fed Goolsbee Speech | ||||
| 1:00PM | 3-Yr Note Auction (bl) | 58 | |||
| 3:00PM | Feb Consumer credit (bl) | Feb | $10B | $8.05B | |
| 5:50PM | Fed Jefferson Speech | ||||
| Wednesday, Apr 08 | |||||
| 7:00AM | Apr/03 MBA Refi Index | Apr/03 | 946.4 | ||
| 7:00AM | Apr/03 Mortgage Market Index | Apr/03 | 278.3 | ||
| 7:00AM | Apr/03 MBA Purchase Index | Apr/03 | 159.4 | ||
| 10:30AM | Apr/03 Crude Oil Inventory (ml) | Apr/03 | 5.451M | ||
| 1:00PM | 10-yr Note Auction (bl) | 39 | |||
| 1:05PM | Fed Daly Speech | ||||
| 2:00PM | FOMC Minutes | ||||