The Brexit saga continues as the UK parliament rejected a proposal to leave the European Union without a deal in place extending gains in European risk assets. In the US, both equities and Treasuries are little changed as earlier weakness was reversed on news that a meeting to finalize an agreement to end the US/China trade is likely in early April. The news came after China released disappointing data showing industrial output slowing to its worst start in the last decade and retail sales expanding at the slowest pace since 2012 reaffirming the theme of deceleration in the global economy.
Chris EckhoffAssociate, Investment Management Group
| Date | Event | Surv(M) | Actual | Prior | Revised |
| 03/11/19 | Retail Sales Advance MoM | 0.00% | 0.20% | -1.20% | -1.60% |
| 03/11/19 | Retail Sales Ex Auto MoM | 0.30% | 0.90% | -1.80% | -2.10% |
| 03/11/19 | Retail Sales Ex Auto and Gas | 0.60% | 1.20% | -1.40% | -1.60% |
| 03/11/19 | Retail Sales Control Group | 0.60% | 1.10% | -1.70% | -2.30% |
| 03/11/19 | Business Inventories | 0.60% | 0.60% | -0.10% | 0.00% |
| 03/12/19 | NFIB Small Business Optimism | 102.5 | 101.7 | 101.2 | — |
| 03/12/19 | CPI MoM | 0.20% | 0.20% | 0.00% | — |
| 03/12/19 | CPI Ex Food and Energy MoM | 0.20% | 0.10% | 0.20% | — |
| 03/12/19 | CPI YoY | 1.60% | 1.50% | 1.60% | — |
| 03/12/19 | CPI Ex Food and Energy YoY | 2.20% | 2.10% | 2.20% | — |
| 03/12/19 | CPI Core Index SA | 261.193 | 260.989 | 260.701 | — |
| 03/12/19 | CPI Index NSA | 252.866 | 252.776 | 251.712 | — |
| 03/12/19 | Real Avg Weekly Earnings YoY | — | 1.60% | 1.90% | — |
| 03/12/19 | Real Avg Hourly Earning YoY | — | 1.90% | 1.70% | 1.60% |
| 03/13/19 | MBA Mortgage Applications | — | 2.30% | -2.50% | — |
| 03/13/19 | PPI Final Demand MoM | 0.20% | 0.10% | -0.10% | — |
| 03/13/19 | PPI Ex Food and Energy MoM | 0.20% | 0.10% | 0.30% | — |
| 03/13/19 | PPI Ex Food, Energy, Trade MoM | 0.20% | 0.10% | 0.20% | — |
| 03/13/19 | PPI Final Demand YoY | 1.90% | 1.90% | 2.00% | — |
| 03/13/19 | PPI Ex Food and Energy YoY | 2.60% | 2.50% | 2.60% | — |
| 03/13/19 | PPI Ex Food, Energy, Trade YoY | — | 2.30% | 2.50% | — |
| 03/13/19 | Durable Goods Orders | -0.40% | 0.40% | 1.20% | 1.30% |
| 03/13/19 | Durables Ex Transportation | 0.10% | -0.10% | 0.10% | 0.30% |
| 03/13/19 | Cap Goods Orders Nondef Ex Air | 0.20% | 0.80% | -1.00% | -0.90% |
| 03/13/19 | Cap Goods Ship Nondef Ex Air | -0.20% | 0.80% | 0.00% | 0.10% |
| 03/13/19 | Construction Spending MoM | 0.50% | 1.30% | -0.60% | -0.80% |
| 03/14/19 | Import Price Index MoM | 0.30% | 0.60% | -0.50% | 0.10% |
| 03/14/19 | Import Price Index ex Petroleum MoM | -0.10% | 0.10% | -0.70% | -0.60% |
| 03/14/19 | Import Price Index YoY | -1.50% | -1.30% | -1.70% | -1.60% |
| 03/14/19 | Export Price Index MoM | 0.10% | 0.60% | -0.60% | -0.50% |
| 03/14/19 | Export Price Index YoY | — | 0.30% | -0.20% | — |
| 03/14/19 | Initial Jobless Claims | 225k | 229k | 223k | — |
| 03/14/19 | Continuing Claims | 1763k | 1776k | 1755k | 1758k |
| 03/14/19 | Bloomberg March United States Economic Survey | ||||
| 03/14/19 | Bloomberg Consumer Comfort | — | 60.8 | 62.1 | — |
| 03/14/19 | New Home Sales | 622k | — | 621k | — |
| 03/14/19 | New Home Sales MoM | 0.20% | — | 3.70% | — |
| 03/15/19 | Empire Manufacturing | 10 | — | 8.8 | — |
| 03/15/19 | Industrial Production MoM | 0.40% | — | -0.60% | — |
| 03/15/19 | Capacity Utilization | 78.50% | — | 78.20% | — |
| 03/15/19 | Manufacturing (SIC) Production | 0.10% | — | -0.90% | — |
| 03/15/19 | JOLTS Job Openings | 7225 | — | 7335 | — |
| 03/15/19 | U. of Mich. Sentiment | 95.7 | — | 93.8 | — |
| 03/15/19 | U. of Mich. Current Conditions | 112 | — | 108.5 | — |
| 03/15/19 | U. of Mich. Expectations | 88.1 | — | 84.4 | — |
| 03/15/19 | U. of Mich. 1 Yr Inflation | — | — | 2.60% | — |
| 03/15/19 | U. of Mich. 5-10 Yr Inflation | — | — | 2.30% | — |
| 03/15/19 | Net Long-term TIC Flows | — | — | -$48.3b | — |
| 03/15/19 | Total Net TIC Flows | — | — | -$33.1b | — |