Treasuries are slightly higher this morning, while US equity futures are pointing to a lower open on the back of renewed trade tensions as the Trump administration seems poised to levy another round of tariffs on Chinese goods. This is a reversal from last week’s outlook as there had been reports stating that Chinese and US officials were set to open a new round of trade negotiations, but given the Presidents orders to expand tariffs, it appears that Chinese officials are planning on declining the invitation for negotiations later this month.
Hafizan Hamzah
Director, Investment Management Group
| Date Time | Event | Survey | Actual | Prior | Revised |
| 09/17/2018 | Empire Manufacturing | 23 | 19 | 25.6 | — |
| 09/18/2018 | NAHB Housing Market Index | 66 | — | 67 | — |
| 09/18/2018 | Total Net TIC Flows | — | — | $114.5b | — |
| 09/18/2018 | Net Long-term TIC Flows | — | — | -$36.5b | — |
| 09/19/2018 | MBA Mortgage Applications | — | — | -1.80% | — |
| 09/19/2018 | Current Account Balance | -$103.3b | — | -$124.1b | — |
| 09/19/2018 | Housing Starts | 1235k | — | 1168k | — |
| 09/19/2018 | Housing Starts MoM | 5.70% | — | 0.90% | — |
| 09/19/2018 | Building Permits | 1310k | — | 1311k | 1303k |
| 09/19/2018 | Building Permits MoM | 0.50% | — | 1.50% | 0.90% |
| 09/20/2018 | Philadelphia Fed Business Outlook | 15.8 | — | 11.9 | — |
| 09/20/2018 | Initial Jobless Claims | 210k | — | 204k | — |
| 09/20/2018 | Continuing Claims | 1705k | — | 1696k | — |
| 09/20/2018 | Bloomberg Economic Expectations | — | — | 57 | — |
| 09/20/2018 | Bloomberg Consumer Comfort | — | — | 59 | — |
| 09/20/2018 | Leading Index | 0.50% | — | 0.60% | — |
| 09/20/2018 | Existing Home Sales | 5.38m | — | 5.34m | — |
| 09/20/2018 | Existing Home Sales MoM | 0.80% | — | -0.70% | — |
| 09/20/2018 | Household Change in Net Worth | — | — | $1028b | — |
| 09/21/2018 | Markit US Manufacturing PMI | 55 | — | 54.7 | — |
| 09/21/2018 | Markit US Services PMI | 55 | — | 54.8 | — |
| 09/21/2018 | Markit US Composite PMI | — | — | 54.7 | — |