April 5, 2021 Headlines

Rates are unchanged this morning following a quiet overnight session. Futures on the Dow and S&P are pointing to a higher open while oil prices fell as OPEC+ announced a decision to increase production. The pace of vaccinations continues to increase with an average daily dosage rate of 3.08 million last week. Through April 1st, 165 million doses had been given out while 56 million Americans are fully vaccinated, which is roughly 18.5% of the total US population. 

Hafizan Hamzah
Director, Investment Management Group

DateEventSurv(M)ActualPriorRevised
04/05/21Markit US Services PMI60.260
04/05/21Markit US Composite PMI59.1
04/05/21ISM Services Index5955.3
04/05/21Factory Orders-0.50%2.60%
04/05/21Factory Orders Ex Trans-1.10%1.70%
04/05/21Durable Goods Orders-1.10%-1.10%
04/05/21Durables Ex Transportation-0.90%-0.90%
04/05/21Cap Goods Orders Nondef Ex Air-0.80%-0.80%
04/05/21Cap Goods Ship Nondef Ex Air-1.00%
04/06/21JOLTS Job Openings69006917
04/07/21MBA Mortgage Applications-2.20%
04/07/21Trade Balance-$70.4b-$68.2b
04/07/21FOMC Meeting Minutes
04/07/21Consumer Credit$2.800b-$1.315b
04/08/21Initial Jobless Claims688k719k
04/08/21Continuing Claims3638k3794k
04/08/21Langer Consumer Comfort50
04/09/21PPI Final Demand MoM0.50%0.50%
04/09/21PPI Ex Food and Energy MoM0.20%0.20%
04/09/21PPI Ex Food, Energy, Trade MoM0.20%0.20%
04/09/21PPI Final Demand YoY3.80%2.80%
04/09/21PPI Ex Food and Energy YoY2.70%2.50%
04/09/21PPI Ex Food, Energy, Trade YoY2.70%2.20%
04/09/21Bloomberg April United States Economic Survey
04/09/21Wholesale Inventories MoM0.50%0.50%
04/09/21Wholesale Trade Sales MoM4.90%

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