|
|
|
|
Mostly Sideways and Lacking Inspiration
Mostly Sideways and Lacking Inspiration
Tuesday may as well have been a holiday. Volumes were among the lowest for any day in weeks and the lowest for a Tuesday in several months. The economic calendar was effectively empty and news/headlines had no discernible impact. There was token improvement in the AM hours but that merely served to keep yields in an increasingly narrow consolidation pattern that's been underway for over a month.
Mostly Sideways and Lacking Inspiration
| Time | Event | Period | Actual | Forecast | Prior |
|---|---|---|---|---|---|
| Wednesday, Jun 24 | |||||
| 7:00AM | Jun/19 Mortgage Market Index | Jun/19 | 272.1 | 269.5 | |
| 7:00AM | Jun/19 MBA Refi Index | Jun/19 | 834.2 | 810.2 | |
| 7:00AM | Jun/19 MBA Purchase Index | Jun/19 | 169.7 | 170.8 | |
| 8:30AM | May Building Permits (ml) | May | 1.413M | 1.423M | |
| 9:20AM | NY Fed Bill Purchases 4 to 12 months (%) | $3.319 billion | |||
| 10:00AM | May New Home Sales (ml) | May | 0.64M | 0.622M | |
| 10:00AM | May New Home Sales (%) (%) | May | -6.2% | ||
| 10:30AM | Jun/19 Crude Oil Inventory (ml) | Jun/19 | -4.5M | -8.262M | |
| 11:30AM | 2-Yr Note Auction (bl) | 28 | |||
| 11:30AM | 2-Year FRN Auction (%) | 0.089% | |||
| 1:00PM | 5-Yr Note Auction (bl) | 70 | |||
| 4:00PM | Fed Bank Stress Test Results | ||||
| Thursday, Jun 25 | |||||
| 8:30AM | Jun/13 Continued Claims (k) | Jun/13 | 1800K | 1810K | |
| 8:30AM | Jun/20 Jobless Claims (k) | Jun/20 | 225K | 226K | |
| 8:30AM | May PCE prices (m/m) (%) | May | 0.5% | 0.4% | |
| 8:30AM | Q1 GDP Final Sales (%) | Q1 | 1.5% | 0.3% | |
| 8:30AM | Q1 GDP (%) | Q1 | 1.6% | 0.5% | |
| 8:30AM | Q1 Corporate profits (% ) | Q1 | -0.4% | 5.7% | |
| 8:30AM | May PCE (y/y) (%) | May | 4% | 3.8% | |
| 8:30AM | May Durable goods (%) | May | -4.3% | 7.9% | |
| 8:30AM | May Core PCE (y/y) (%) | May | 3.4% | 3.3% | |
| 8:30AM | May Core CapEx (%) | May | 0.6% | -1.1% | |
| 8:30AM | Q1 PCE Prices (Q/Q) | Q1 | 4.5% | 2.9% | |
| 8:30AM | May Core PCE (m/m) (%) | May | 0.3% | 0.2% | |
| 8:30AM | Q1 Core PCE Prices QoQ | Q1 | 4.4% | 2.7% | |
| 1:00PM | 7-Yr Note Auction (bl) | 44 | |||
| 3:40PM | Fed Williams Speech | ||||
| 3:40PM | Fed Williams Speech | ||||
| 6:30PM | Fed Goolsbee Speech | ||||
| 6:30PM | Fed Goolsbee Speech | ||||
|
|
|
|
|
