US Treasury yields are lower this morning and equity futures are pointing to a slightly higher open (S&P500 +.36%). Headlines overnight continue to focus on President Trump’s positive comments at the G-7 meeting about the US-China trade war. The President touted current talks have been meaningful and prospects of a trade deal are better now than at any time since beginning last year. However, China appeared to contest these statements that any progress has been made. Elsewhere, German Q2 GDP contracted to -0.1% QoQ after expanding by .4% in Q1 showing weakness in Europe’s largest economy. Trade disputes and weakening foreign demand weighed on economy as detailed components show net exports deducted -.5% from the expansion.
Chris Eckhoff
Associate, Investment Management Group
Date | Event | Survey | Actual | Prior | Revised |
8/26/2019 | Chicago Fed Nat Activity Index | 0 | -0.36 | -0.02 | 0.03 |
8/26/2019 | Durable Goods Orders | 1.20% | 2.10% | 1.90% | 1.80% |
8/26/2019 | Durables Ex Transportation | 0.00% | -0.40% | 1.00% | 0.80% |
8/26/2019 | Cap Goods Orders Nondef Ex Air | 0.00% | 0.40% | 1.50% | 0.90% |
8/26/2019 | Cap Goods Ship Nondef Ex Air | 0.10% | -0.70% | 0.30% | 0.00% |
8/26/2019 | Dallas Fed Manf. Activity | -4 | 2.7 | -6.3 | — |
8/27/2019 | House Price Purchase Index QoQ | 0.30% | 1.00% | 1.10% | 1.30% |
8/27/2019 | FHFA House Price Index MoM | 0.20% | 0.20% | 0.10% | 0.20% |
8/27/2019 | S&P CoreLogic CS 20-City MoM SA | 0.10% | 0.04% | 0.14% | 0.13% |
8/27/2019 | S&P CoreLogic CS 20-City YoY NSA | 2.30% | 2.13% | 2.39% | 2.37% |
8/27/2019 | S&P CoreLogic CS 20-City NSA Index | 218.02 | 217.65 | 216.94 | 216.92 |
8/27/2019 | S&P CoreLogic CS US HPI YoY NSA | 3.30% | 3.13% | 3.43% | 3.35% |
8/27/2019 | S&P CoreLogic CS US HPI NSA Index | — | 210.71 | 209.66 | 209.49 |
8/27/2019 | Richmond Fed Manufact. Index | -4 | — | -12 | — |
8/27/2019 | Conf. Board Consumer Confidence | 129 | — | 135.7 | — |
8/27/2019 | Conf. Board Present Situation | — | — | 170.9 | — |
8/27/2019 | Conf. Board Expectations | — | — | 112.2 | — |
8/28/2019 | MBA Mortgage Applications | — | — | -0.90% | — |
8/29/2019 | GDP Annualized QoQ | 2.00% | — | 2.10% | — |
8/29/2019 | Personal Consumption | 4.30% | — | 4.30% | — |
8/29/2019 | GDP Price Index | 2.40% | — | 2.40% | — |
8/29/2019 | Core PCE QoQ | 1.80% | — | 1.80% | — |
8/29/2019 | Advance Goods Trade Balance | -$74.4b | — | -$74.2b | -$74.2b |
8/29/2019 | Retail Inventories MoM | 0.30% | — | -0.10% | -0.30% |
8/29/2019 | Wholesale Inventories MoM | 0.20% | — | 0.00% | — |
8/29/2019 | Initial Jobless Claims | 214k | — | 209k | — |
8/29/2019 | Continuing Claims | 1687k | — | 1674k | — |
8/29/2019 | Bloomberg Consumer Comfort | — | — | 61.5 | — |
8/29/2019 | Pending Home Sales MoM | 0.00% | — | 2.80% | — |
8/29/2019 | Pending Home Sales NSA YoY | 1.80% | — | -0.60% | — |
8/30/2019 | Personal Income | 0.30% | — | 0.40% | — |
8/30/2019 | Personal Spending | 0.50% | — | 0.30% | — |
8/30/2019 | Real Personal Spending | 0.30% | — | 0.20% | — |
8/30/2019 | PCE Deflator MoM | 0.20% | — | 0.10% | — |
8/30/2019 | PCE Deflator YoY | 1.40% | — | 1.40% | — |
8/30/2019 | PCE Core Deflator MoM | 0.20% | — | 0.20% | — |
8/30/2019 | PCE Core Deflator YoY | 1.60% | — | 1.60% | — |
8/30/2019 | MNI Chicago PMI | 47.6 | — | 44.4 | — |
8/30/2019 | U. of Mich. Sentiment | 92.4 | — | 92.1 | — |
8/30/2019 | U. of Mich. Current Conditions | — | — | 107.4 | — |
8/30/2019 | U. of Mich. Expectations | — | — | 82.3 | — |
8/30/2019 | U. of Mich. 1 Yr Inflation | — | — | 2.70% | — |
8/30/2019 | U. of Mich. 5-10 Yr Inflation | — | — | 2.60% | — |
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