Treasuries continued yesterday’s sell off as equity markets moved higher following the continued lull in trade war rhetoric since last Friday’s imposition of tariffs between China and the US. Given that the Trump administration is now turning its focus on the Supreme Court pick as well as the upcoming trip to Europe, the market will shift its attention to the upcoming earnings season; a welcome respite from the recent trade war talk.
Hafizan Hamzah
Director, Investment Management Group
| Date Time | Event | Survey | Actual | Prior | Revised |
| 07/09/2018 | Consumer Credit | $12.000b | $24.559b | $9.262b | $10.273b |
| 07/10/2018 | NFIB Small Business Optimism | 106.9 | 107.2 | 107.8 | — |
| 07/10/2018 | JOLTS Job Openings | 6620 | — | 6698 | — |
| 07/11/2018 | MBA Mortgage Applications | — | — | -0.50% | — |
| 07/11/2018 | PPI Final Demand MoM | 0.20% | — | 0.50% | — |
| 07/11/2018 | PPI Ex Food and Energy MoM | 0.20% | — | 0.30% | — |
| 07/11/2018 | PPI Ex Food, Energy, Trade MoM | 0.20% | — | 0.10% | — |
| 07/11/2018 | PPI Final Demand YoY | 3.10% | — | 3.10% | — |
| 07/11/2018 | PPI Ex Food and Energy YoY | 2.60% | — | 2.40% | — |
| 07/11/2018 | PPI Ex Food, Energy, Trade YoY | — | — | 2.60% | — |
| 07/11/2018 | Wholesale Trade Sales MoM | 0.50% | — | 0.80% | — |
| 07/11/2018 | Wholesale Inventories MoM | 0.50% | — | 0.50% | — |
| 07/12/2018 | Initial Jobless Claims | 225k | — | 231k | — |
| 07/12/2018 | Continuing Claims | 1730k | — | 1739k | — |
| 07/12/2018 | CPI MoM | 0.20% | — | 0.20% | — |
| 07/12/2018 | CPI Ex Food and Energy MoM | 0.20% | — | 0.20% | — |
| 07/12/2018 | CPI YoY | 2.90% | — | 2.80% | — |
| 07/12/2018 | CPI Ex Food and Energy YoY | 2.30% | — | 2.20% | — |
| 07/12/2018 | CPI Index NSA | 252.092 | — | 251.588 | — |
| 07/12/2018 | CPI Core Index SA | 257.361 | — | 256.889 | — |
| 07/12/2018 | Real Avg Weekly Earnings YoY | — | — | 0.30% | — |
| 07/12/2018 | Real Avg Hourly Earning YoY | — | — | 0.00% | — |
| 07/12/2018 | Bloomberg July United States Economic Survey | ||||
| 07/12/2018 | Bloomberg Consumer Comfort | — | — | 57.6 | — |
| 07/12/2018 | Monthly Budget Statement | -$80.0b | — | -$146.8b | — |
| 07/13/2018 | Import Price Index MoM | 0.10% | — | 0.60% | — |
| 07/13/2018 | Import Price Index ex Petroleum MoM | 0.20% | — | 0.10% | — |
| 07/13/2018 | Import Price Index YoY | 4.60% | — | 4.30% | — |
| 07/13/2018 | Export Price Index MoM | 0.20% | — | 0.60% | — |
| 07/13/2018 | Export Price Index YoY | — | — | 4.90% | — |
| 07/13/2018 | U. of Mich. Sentiment | 98 | — | 98.2 | — |
| 07/13/2018 | U. of Mich. Current Conditions | — | — | 116.5 | — |
| 07/13/2018 | U. of Mich. Expectations | — | — | 86.3 | — |
| 07/13/2018 | U. of Mich. 1 Yr Inflation | — | — | 3.00% | — |
| 07/13/2018 | U. of Mich. 5-10 Yr Inflation | — | — | 2.60% | — |
| 07/16/2018 | Retail Sales Advance MoM | 0.60% | — | 0.80% | — |
| 07/16/2018 | Empire Manufacturing | 20 | — | 25 | — |
| 07/16/2018 | Retail Sales Ex Auto MoM | 0.40% | — | 0.90% | — |
| 07/16/2018 | Retail Sales Ex Auto and Gas | 0.40% | — | 0.80% | — |
| 07/16/2018 | Retail Sales Control Group | — | — | 0.50% | — |
| 07/16/2018 | Business Inventories | 0.40% | — | 0.30% | — |
| 07/17/2018 | Industrial Production MoM | 0.60% | — | -0.10% | — |
| 07/17/2018 | Manufacturing (SIC) Production | — | — | -0.70% | — |
| 07/17/2018 | Capacity Utilization | 78.30% | — | 77.90% | — |
| 07/17/2018 | NAHB Housing Market Index | 69 | — | 68 | — |
| 07/17/2018 | Total Net TIC Flows | — | — | $138.7b | — |
| 07/17/2018 | Net Long-term TIC Flows | — | — | $93.9b | — |