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

DateEventSurv(M)ActualPriorRevised
04/22/19Chicago Fed Nat Activity Index-0.1-0.15-0.29-0.31
04/22/19Existing Home Sales5.30m5.21m5.51m5.48m
04/22/19Existing Home Sales MoM-3.80%-4.90%11.80%11.20%
04/23/19FHFA House Price Index MoM0.50%0.30%0.60%
04/23/19Richmond Fed Manufact. Index1010
04/23/19New Home Sales649k667k
04/23/19New Home Sales MoM-2.70%4.90%
04/24/19MBA Mortgage Applications-3.50%
04/25/19Durable Goods Orders0.80%-1.60%
04/25/19Initial Jobless Claims200k192k
04/25/19Durables Ex Transportation0.20%-0.10%
04/25/19Continuing Claims1682k1653k
04/25/19Cap Goods Orders Nondef Ex Air0.20%-0.10%
04/25/19Cap Goods Ship Nondef Ex Air0.10%-0.10%
04/25/19Bloomberg Consumer Comfort60.3
04/25/19Kansas City Fed Manf. Activity910
04/26/19GDP Annualized QoQ2.20%2.20%
04/26/19Personal Consumption1.00%2.50%
04/26/19GDP Price Index1.20%1.70%
04/26/19Core PCE QoQ1.30%1.80%
04/26/19U. of Mich. Sentiment9796.9
04/26/19U. of Mich. Current Conditions114.2
04/26/19U. of Mich. Expectations85.8
04/26/19U. of Mich. 1 Yr Inflation2.40%
04/26/19U. of Mich. 5-10 Yr Inflation2.30%

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