Relatively Drama-Free Day
Relatively Drama-Free Day
These things happen from time to time. The bond market finally had an uneventful day... sorta. This may seem like a fairly odd claim for any day where yields hit the highest levels in well over a year but those were intraday highs, and they weren't much higher than yesterday's highs. During domestic hours, 10s were mostly in a 2bp range. Additionally, there were no standout market movers for better or worse. This easily meets the definition of uneventful even if it says nothing about the volatility risks over the next 2 days.
Relatively Drama-Free Day
| Time | Event | Period | Actual | Forecast | Prior |
|---|---|---|---|---|---|
| Thursday, Sep 03 | |||||
| 5:30AM | Aug Challenger layoffs (k) | Aug | 33.429K | ||
| 8:30AM | Aug/22 Continued Claims (k) | Aug/22 | 1778K | ||
| 8:30AM | Q2 Unit Labour Costs QoQ Final | Q2 | 1.3% | 1.3% | |
| 8:30AM | Aug/29 Jobless Claims (k) | Aug/29 | 205K | 203K | |
| 8:30AM | Jul Trade Gap (bl) | Jul | $-90B | $-73.3B | |
| 8:30AM | Fed Waller Speech | ||||
| 9:45AM | Aug S&P Global Composite PMI | Aug | 56.0 | 54.5 | |
| 9:45AM | Aug S&P Global Services PMI | Aug | 56.8 | 54.6 | |
| 10:00AM | Aug ISM Services Prices | Aug | 70.3 | ||
| 10:00AM | Aug ISM Biz Activity | Aug | 59.1 | ||
| 10:00AM | Aug ISM Services Employment | Aug | 47.4 | ||
| 10:00AM | Aug ISM N-Mfg PMI | Aug | 54.3 | 54.1 | |
| 10:00AM | Aug ISM Services New Orders | Aug | 57.2 | ||
| 3:00PM | Fed Hammack Speech | ||||
| Friday, Sep 04 | |||||
| 8:30AM | Aug Average earnings mm (%) | Aug | 0.3% | 0.1% | |
| 8:30AM | Aug Non Farm Payrolls (k) | Aug | 58K | -23K | |
| 8:30AM | Aug Unemployment rate mm (%) | Aug | 4.1% | 4.1% | |
| 8:30AM | Aug Participation Rate | Aug | 61.4% | ||