Treasuries moved slightly higher overnight as oil prices fell, crude was down 0.2%; while equity markets largely traded sideways. Today’s calendar is light in terms of data releases, but the week picks up Wednesday and Thursday, as the Fed will announces it rate decision on Wednesday, while the ECB will announce its tapering plan on Thursday.
Hafizan Hamzah
Director, Investment Management Group
| Date | Event | Surv(M) | Actual | Prior | Revised |
| 12/11 | JOLTS Job Openings | 6135 | — | 6093 | — |
| 12/12 | NFIB Small Business Optimism | 104 | — | 103.8 | — |
| 12/12 | PPI Final Demand MoM | 0.30% | — | 0.40% | — |
| 12/12 | PPI Ex Food and Energy MoM | 0.20% | — | 0.40% | — |
| 12/12 | PPI Ex Food, Energy, Trade MoM | 0.20% | — | 0.20% | — |
| 12/12 | PPI Final Demand YoY | 2.90% | — | 2.80% | — |
| 12/12 | PPI Ex Food and Energy YoY | 2.40% | — | 2.40% | — |
| 12/12 | PPI Ex Food, Energy, Trade YoY | — | — | 2.30% | — |
| 12/12 | Monthly Budget Statement | -$135.0b | — | -$136.7b | — |
| 12/13 | MBA Mortgage Applications | — | — | 4.70% | — |
| 12/13 | CPI MoM | 0.40% | — | 0.10% | — |
| 12/13 | CPI Ex Food and Energy MoM | 0.20% | — | 0.20% | — |
| 12/13 | CPI YoY | 2.20% | — | 2.00% | — |
| 12/13 | CPI Ex Food and Energy YoY | 1.80% | — | 1.80% | — |
| 12/13 | CPI Core Index SA | 253.961 | — | 253.428 | — |
| 12/13 | CPI Index NSA | 246.798 | — | 246.663 | — |
| 12/13 | Real Avg Weekly Earnings YoY | — | — | 0.40% | 0.30% |
| 12/13 | Real Avg Hourly Earning YoY | — | — | 0.40% | 0.20% |
| 12/13 | FOMC Rate Decision (Upper Bound) | 1.50% | — | 1.25% | — |
| 12/13 | FOMC Rate Decision (Lower Bound) | 1.25% | — | 1.00% | — |
| 12/14 | Initial Jobless Claims | 237k | — | 236k | — |
| 12/14 | Continuing Claims | 1900k | — | 1908k | — |
| 12/14 | Retail Sales Advance MoM | 0.30% | — | 0.20% | — |
| 12/14 | Retail Sales Ex Auto MoM | 0.60% | — | 0.10% | — |
| 12/14 | Retail Sales Ex Auto and Gas | 0.40% | — | 0.30% | — |
| 12/14 | Retail Sales Control Group | 0.40% | — | 0.30% | — |
| 12/14 | Import Price Index MoM | 0.70% | — | 0.20% | — |
| 12/14 | Import Price Index ex Petroleum MoM | 0.10% | — | 0.10% | — |
| 12/14 | Import Price Index YoY | 3.30% | — | 2.50% | — |
| 12/14 | Export Price Index MoM | 0.30% | — | 0.00% | — |
| 12/14 | Export Price Index YoY | — | — | 2.70% | — |
| 12/14 | Markit US Manufacturing PMI | 53.7 | — | 53.9 | — |
| 12/14 | Markit US Services PMI | 54.6 | — | 54.5 | — |
| 12/14 | Markit US Composite PMI | — | — | 54.5 | — |
| 12/14 | Bloomberg Consumer Comfort | — | — | 52.3 | — |
| 12/14 | Business Inventories | -0.10% | — | 0.00% | — |
| 12/15 | Empire Manufacturing | 18.8 | — | 19.4 | — |
| 12/15 | Bloomberg Dec. United States Economic Survey | ||||
| 12/15 | Industrial Production MoM | 0.30% | — | 0.90% | — |
| 12/15 | Capacity Utilization | 77.20% | — | 77.00% | — |
| 12/15 | Manufacturing (SIC) Production | 0.30% | — | 1.30% | — |
| 12/15 | Total Net TIC Flows | — | — | -$51.3b | — |
| 12/15 | Net Long-term TIC Flows | — | — | $80.9b | — |