Treasuries opened this morning roughly 2 basis points lower while equity markets continue their rally as fears of a global trade war continue to fade. Details from the discussions between the US and China have been sparse and vague, and as result near term volatility is unlikely to subside. This morning will see the release of the Richmond Fed’s Manufacturing index as well as the Consumer Confidence reading for February.
Hafizan Hamzah
Director, Investment Management Group
| Date | Event | Surv(M) | Actual | Prior | Revised |
| 03/26 | Chicago Fed Nat Activity Index | 0.15 | 0.88 | 0.12 | 0.02 |
| 03/26 | Dallas Fed Manf. Activity | 33.5 | 21.4 | 37.2 | — |
| 03/27 | S&P CoreLogic CS 20-City NSA Index | — | 205.1 | 204.45 | 204.48 |
| 03/27 | S&P CoreLogic CS 20-City MoM SA | 0.60% | 0.75% | 0.64% | 0.67% |
| 03/27 | S&P CoreLogic CS 20-City YoY NSA | 6.15% | 6.40% | 6.30% | 6.31% |
| 03/27 | S&P CoreLogic CS US HPI NSA Index | — | 196.31 | 196.23 | 196.22 |
| 03/27 | S&P CoreLogic CS US HPI YoY NSA | — | 6.18% | 6.27% | 6.28% |
| 03/27 | Richmond Fed Manufact. Index | 22 | — | 28 | — |
| 03/27 | Conf. Board Consumer Confidence | 131 | — | 130.8 | — |
| 03/27 | Conf. Board Present Situation | — | — | 162.4 | — |
| 03/27 | Conf. Board Expectations | — | — | 109.7 | — |
| 03/28 | MBA Mortgage Applications | — | — | -1.10% | — |
| 03/28 | Advance Goods Trade Balance | -$74.4b | — | -$74.4b | -$75.3b |
| 03/28 | Wholesale Inventories MoM | 0.50% | — | 0.80% | — |
| 03/28 | GDP Annualized QoQ | 2.70% | — | 2.50% | — |
| 03/28 | Personal Consumption | 3.80% | — | 3.80% | — |
| 03/28 | GDP Price Index | 2.30% | — | 2.30% | — |
| 03/28 | Retail Inventories MoM | — | — | 0.80% | 0.70% |
| 03/28 | Core PCE QoQ | 1.90% | — | 1.90% | — |
| 03/28 | Pending Home Sales MoM | 2.00% | — | -4.70% | — |
| 03/28 | Pending Home Sales NSA YoY | — | — | -1.70% | — |
| 03/29 | Revisions: Initial Jobless Claims | ||||
| 03/29 | Personal Income | 0.40% | — | 0.40% | — |
| 03/29 | Personal Spending | 0.20% | — | 0.20% | — |
| 03/29 | Real Personal Spending | 0.10% | — | -0.10% | — |
| 03/29 | PCE Deflator MoM | 0.20% | — | 0.40% | — |
| 03/29 | PCE Deflator YoY | 1.70% | — | 1.70% | — |
| 03/29 | PCE Core MoM | 0.20% | — | 0.30% | — |
| 03/29 | PCE Core YoY | 1.60% | — | 1.50% | — |
| 03/29 | Initial Jobless Claims | 230k | — | 229k | — |
| 03/29 | Continuing Claims | 1865k | — | 1828k | — |
| 03/29 | Chicago Purchasing Manager | 62 | — | 61.9 | — |
| 03/29 | Bloomberg Consumer Comfort | — | — | 56.8 | — |
| 03/29 | U. of Mich. Sentiment | 102 | — | 102 | — |
| 03/29 | U. of Mich. Current Conditions | — | — | 122.8 | — |
| 03/29 | U. of Mich. Expectations | — | — | 88.6 | — |
| 03/29 | U. of Mich. 1 Yr Inflation | — | — | 2.90% | — |
| 03/29 | U. of Mich. 5-10 Yr Inflation | — | — | 2.50% | — |