April 23, 2019 Headlines

A quiet news cycle overnight is contributing to muted activity in broad financial markets.  Treasury prices are little changed across the curve, and S&P 500 futures are up just 4 points. Oil futures are more tame this morning, with Brent crude prices up just 0.11% on the day. Equity markets are bracing for a busy period of earnings releases, but the next few days should be fairly quiet from a macro event perspective. March new home sales will be released later this morning.

Jason Haley
Managing Director, Investment Management Group

Date Event Surv(M) Actual Prior Revised
04/22/19 Chicago Fed Nat Activity Index -0.1 -0.15 -0.29 -0.31
04/22/19 Existing Home Sales 5.30m 5.21m 5.51m 5.48m
04/22/19 Existing Home Sales MoM -3.80% -4.90% 11.80% 11.20%
04/23/19 FHFA House Price Index MoM 0.50% 0.30% 0.60%
04/23/19 Richmond Fed Manufact. Index 10 10
04/23/19 New Home Sales 649k 667k
04/23/19 New Home Sales MoM -2.70% 4.90%
04/24/19 MBA Mortgage Applications -3.50%
04/25/19 Durable Goods Orders 0.80% -1.60%
04/25/19 Initial Jobless Claims 200k 192k
04/25/19 Durables Ex Transportation 0.20% -0.10%
04/25/19 Continuing Claims 1682k 1653k
04/25/19 Cap Goods Orders Nondef Ex Air 0.20% -0.10%
04/25/19 Cap Goods Ship Nondef Ex Air 0.10% -0.10%
04/25/19 Bloomberg Consumer Comfort 60.3
04/25/19 Kansas City Fed Manf. Activity 9 10
04/26/19 GDP Annualized QoQ 2.20% 2.20%
04/26/19 Personal Consumption 1.00% 2.50%
04/26/19 GDP Price Index 1.20% 1.70%
04/26/19 Core PCE QoQ 1.30% 1.80%
04/26/19 U. of Mich. Sentiment 97 96.9
04/26/19 U. of Mich. Current Conditions 114.2
04/26/19 U. of Mich. Expectations 85.8
04/26/19 U. of Mich. 1 Yr Inflation 2.40%
04/26/19 U. of Mich. 5-10 Yr Inflation 2.30%

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