January 23, 2020 Headlines

Treasuries are well bid to start the day, with yields 2-4 bps lower versus yesterday’s close. The primary news story affecting markets continues to be contagion concerns surrounding the coronavirus outbreak in China. The number of deaths related to the virus continues to climb, and the Chinese government has added travel restrictions to two more cities ahead of the Lunar New Year holiday.  Beyond this matter, there are no other major events/headlines affecting global markets today, and for the economic calendar, the first look at January PMI data from Markit will be released.

Jason Haley
Chief Investment Officer

DateEventSurveyActualPriorRevised
1/23/2020Initial Jobless Claims214k211k204k205k
1/23/2020Continuing Claims1756k1731k1767k1768k
1/23/2020Bloomberg Economic Expectations——56.5—
1/23/2020Bloomberg Consumer Comfort——66—
1/23/2020Leading Index-0.20%—0.00%—
1/23/2020Revisions – LEI
1/23/2020Kansas City Fed Manf. Activity-6—-8—
1/24/2020Markit US Services PMI53—52.8—
1/24/2020Markit US Composite PMI——52.7—
1/24/2020Markit US Manufacturing PMI52.4—52.4—

 

 

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