It’s another quiet morning in the broad financial markets. Most Asian markets remained closed today on holiday. Treasury prices are slightly higher across the curve, and S&P 500 futures are up 6 points. With no major news stories or economic data on the forefront this week, there is a bit more market attention given to President Trump’s State of the Union address tonight, but it shouldn’t have too much impact either way. There are no Fed speakers on today’s schedule, but Powell (Chair) and Quarles (Vice Chair for Supervision) will be speaking at separate events tomorrow.

Jason Haley
Managing Director, Investment Management Group
Date TimeEventSurveyActualPriorRevised
2/4/2019Factory Orders Released Live on Web
2/4/2019Factory Orders0.30%-0.60%-2.10%
2/4/2019Factory Orders Ex Trans-1.30%0.30%0.20%
2/4/2019Durable Goods Orders1.50%0.70%0.80%
2/4/2019Durables Ex Transportation0.00%-0.40%-0.30%
2/4/2019Cap Goods Orders Nondef Ex Air-0.10%-0.60%-0.60%
2/4/2019Cap Goods Ship Nondef Ex Air0.00%-0.20%-0.10%
2/5/2019Markit US Services PMI54.254.2
2/5/2019Markit US Composite PMI54.5
2/5/2019ISM Non-Manufacturing Index57.157.658
2/6/2019MBA Mortgage Applications-3.00%
2/6/2019Trade Balance Released Live on the Web
2/6/2019Trade Balance-$54.0b-$55.5b
2/6/2019Productivity Release with Limited Data Due to Shutdown
2/7/2019Initial Jobless Claims220k253k
2/7/2019Continuing Claims1733k1782k
2/7/2019Bloomberg Jan. United States Economic Survey
2/7/2019Bloomberg Consumer Comfort57.4
2/7/2019Consumer Credit$17.000b$22.149b