October 9, 2020 Headlines
Treasuries are unchanged this morning while equity futures are pointing to a higher open in response to news of renewed stimulus talks. While there is still disagreement on the size of the deal, there appears to be at least some agreement between the House and the Trump administration on the scope of the bill; with both sides seeming to agree that it should be more comprehensive in nature rather than just address certain sectors like the airline industry.
As a reminder, the market will be closed this Monday the 12th in observance of Columbus Day
Hafizan Hamzah
Director, Investment Management Group
Date | Event | Survey | Actual | Prior | Revised |
10/5/20 | Markit US Services PMI | 54.6 | 54.6 | 54.6 | — |
10/5/20 | Markit US Composite PMI | — | 54.3 | 54.4 | — |
10/5/20 | ISM Services Index | 56.2 | 57.8 | 56.9 | — |
10/6/20 | Trade Balance | -$66.2b | -$67.1b | -$63.6b | -$63.4b |
10/6/20 | JOLTS Job Openings | 6500 | 6493 | 6618 | 6697 |
10/7/20 | MBA Mortgage Applications | — | 4.60% | -4.80% | — |
10/7/20 | FOMC Meeting Minutes | — | — | — | — |
10/7/20 | Consumer Credit | $14.000b | -$7.220b | $12.250b | $14.674b |
10/8/20 | Initial Jobless Claims | 820k | 840k | 837k | 849k |
10/8/20 | Continuing Claims | 11400k | 10976k | 11767k | 11979k |
10/8/20 | Bloomberg Consumer Comfort | — | 48 | 49.3 | — |
10/9/20 | Bloomberg Oct. United States Economic Survey | ||||
10/9/20 | Wholesale Inventories MoM | 0.50% | — | 0.50% | — |
10/9/20 | Wholesale Trade Sales MoM | — | — | 4.60% | — |
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