Stronger Start as Oil Continues Lower
Stronger Start as Oil Continues Lower
While the Fed may have requested a majority of the market's attention last week, oil prices were saying "ahem... over here." Now this morning, the post-Fed trade is even farther in the rearview and oil is offering even louder reminders with the price per barrel now under $93 after cresting $106 last Tuesday. There is no big-ticket econ data on tap all week, and especially not today or tomorrow. Multiple Fed officials are speaking, but we're not sure what they could say that would tell us any more than last week's announcement/dots/press conference. Bottom line: all eyes on oil and war headlines until further notice.
Did Japan Sell Treasuries Today?
| Time | Event | Period | Actual | Forecast | Prior |
|---|---|---|---|---|---|
| Monday, Sep 21 | |||||
| 6:30AM | Fed Goolsbee Speech | ||||
| 8:00PM | UN General Assembly (%) | ||||
| Tuesday, Sep 22 | |||||
| 8:15AM | ADP Employment Change Weekly | 16.25K | |||
| 10:05AM | Fed Williams Speech | ||||
| 10:20AM | Fed Jefferson Speech | ||||
| 11:30AM | 6-Week Bill Auction (%) | 3.850% | |||
| 1:00PM | 2-Yr Note Auction (bl) | 69 | |||
| 1:00PM | Fed Barkin Speech | ||||
| 8:00PM | UN General Assembly (%) | ||||