August 13, 2021 Headlines
The 10-year US Treasury yield is 1 bps lower this morning as China’s zero tolerance policy toward Covid stoked fears that the government would suspend operations at the world’s third largest port. However, equities remain unphased amid strong earnings and continue to fluctuate near record highs with S&P500 futures set to open +0.11%. The economic calendar is light to close out the week with July retail sales data, the next major release, expected on Tuesday.
Chris Eckhoff
Associate, Investment Management Group
Date | Event | Surv(M) | Actual | Prior | Revised |
08/09/21 | JOLTS Job Openings | 9270k | 10073k | 9209k | 9483k |
08/10/21 | NFIB Small Business Optimism | 102 | 99.7 | 102.5 | — |
08/10/21 | Nonfarm Productivity | 3.20% | 2.30% | 5.40% | 4.30% |
08/10/21 | Unit Labor Costs | 1.00% | 1.00% | 1.70% | -2.80% |
08/11/21 | MBA Mortgage Applications | — | 2.80% | -1.70% | — |
08/11/21 | CPI MoM | 0.50% | 0.50% | 0.90% | — |
08/11/21 | CPI Ex Food and Energy MoM | 0.40% | 0.30% | 0.90% | — |
08/11/21 | CPI YoY | 5.30% | 5.40% | 5.40% | — |
08/11/21 | CPI Ex Food and Energy YoY | 4.30% | 4.30% | 4.50% | — |
08/11/21 | CPI Index NSA | 272.937 | 273.003 | 271.696 | — |
08/11/21 | CPI Core Index SA | 279.45 | 279.054 | 278.14 | — |
08/11/21 | Real Avg Weekly Earnings YoY | — | -0.70% | -1.40% | -1.00% |
08/11/21 | Real Avg Hourly Earning YoY | — | -1.20% | -1.70% | -1.60% |
08/11/21 | Monthly Budget Statement | -$294.0b | -$302.1b | -$63.0b | — |
08/12/21 | Initial Jobless Claims | 375k | 375k | 385k | 387k |
08/12/21 | Continuing Claims | 2900k | 2866k | 2930k | 2980k |
08/12/21 | PPI Final Demand MoM | 0.60% | 1.00% | 1.00% | — |
08/12/21 | PPI Ex Food and Energy MoM | 0.50% | 1.00% | 1.00% | — |
08/12/21 | PPI Ex Food, Energy, Trade MoM | 0.50% | 0.90% | 0.50% | — |
08/12/21 | PPI Final Demand YoY | 7.20% | 7.80% | 7.30% | — |
08/12/21 | PPI Ex Food and Energy YoY | 5.60% | 6.20% | 5.60% | — |
08/12/21 | PPI Ex Food, Energy, Trade YoY | 5.70% | 6.10% | 5.50% | — |
08/12/21 | Langer Consumer Comfort | — | 54.6 | 53.3 | — |
08/13/21 | Import Price Index MoM | 0.60% | 0.30% | 1.00% | 1.10% |
08/13/21 | Import Price Index ex Petroleum MoM | 0.50% | 0.10% | 0.70% | — |
08/13/21 | Import Price Index YoY | 10.50% | 10.20% | 11.20% | 11.30% |
08/13/21 | Export Price Index MoM | 0.80% | 1.30% | 1.20% | — |
08/13/21 | Export Price Index YoY | 16.00% | 17.20% | 16.80% | 16.90% |
08/13/21 | Bloomberg Aug. United States Economic Survey | ||||
08/13/21 | U. of Mich. Sentiment | 81.2 | — | 81.2 | — |
08/13/21 | U. of Mich. Current Conditions | 83.5 | — | 84.5 | — |
08/13/21 | U. of Mich. Expectations | 78 | — | 79 | — |
08/13/21 | U. of Mich. 1 Yr Inflation | 4.60% | — | 4.70% | — |
08/13/21 | U. of Mich. 5-10 Yr Inflation | — | — | 2.80% | — |
Subscribe Today!
Subscribe to our email list and get the latest articles and announcements from ALM First.