For my financial news junkies----
This coming week has potential for some big moments; the European Central Bank’s (ECB) policy meeting on Thursday, UK Prime Minister Johnson’s trip to Ireland, and the subsequent election vote in the UK Parliament. In data terms the highlights are Thursday’s US CPI and Friday’s US retail sales.
Last weeks employment report was a bit of a mixed bag, while still showing strength there was some data the Fed sees as potentially risky which is a likely indicator that Fed Funds will be cut 1/4% again on 9/18.
In other news- the Yield curve while still VERY Flat is no longer inverted, which is a good thing.
Here is the calendar for the week:
Economic Calendar for the Week | ||||||
Date |
Time |
Event |
Period |
Actual |
Surv (M) |
Prior |
09/09/19 |
15:00 |
Consumer Credit |
Jul |
-- |
$16.000b |
$14.596b |
09/10/19 |
6:00 |
NFIB Small Business Optimism |
Aug |
-- |
103.50 |
104.70 |
09/10/19 |
10:00 |
JOLTS Job Openings |
Jul |
-- |
7311.00 |
7348.00 |
09/11/19 |
7:00 |
MBA Mortgage Applications |
6-Sep |
-- |
-- |
-3.10% |
09/11/19 |
8:30 |
PPI Final Demand MoM |
Aug |
-- |
0.00% |
0.20% |
09/11/19 |
8:30 |
PPI Ex Food and Energy MoM |
Aug |
-- |
0.20% |
-0.10% |
09/11/19 |
8:30 |
PPI Ex Food, Energy, Trade MoM |
Aug |
-- |
0.20% |
-0.10% |
09/11/19 |
8:30 |
PPI Final Demand YoY |
Aug |
-- |
1.70% |
1.70% |
09/11/19 |
8:30 |
PPI Ex Food and Energy YoY |
Aug |
-- |
2.20% |
2.10% |
09/11/19 |
8:30 |
PPI Ex Food, Energy, Trade YoY |
Aug |
-- |
-- |
1.70% |
09/11/19 |
10:00 |
Wholesale Trade Sales MoM |
Jul |
-- |
-- |
-0.30% |
09/11/19 |
10:00 |
Wholesale Inventories MoM |
Jul F |
-- |
0.20% |
0.20% |
09/12/19 |
8:30 |
Real Avg Weekly Earnings YoY |
Aug |
-- |
-- |
0.80% |
09/12/19 |
8:30 |
Real Avg Hourly Earning YoY |
Aug |
-- |
-- |
1.30% |
09/12/19 |
8:30 |
CPI MoM |
Aug |
-- |
0.10% |
0.30% |
09/12/19 |
8:30 |
CPI Ex Food and Energy MoM |
Aug |
-- |
0.20% |
0.30% |
09/12/19 |
8:30 |
CPI YoY |
Aug |
-- |
1.80% |
1.80% |
09/12/19 |
8:30 |
CPI Ex Food and Energy YoY |
Aug |
-- |
2.30% |
2.20% |
09/12/19 |
8:30 |
CPI Core Index SA |
Aug |
-- |
264.13 |
263.57 |
09/12/19 |
8:30 |
CPI Index NSA |
Aug |
-- |
256.59 |
256.57 |
09/12/19 |
8:30 |
Initial Jobless Claims |
7-Sep |
-- |
215k |
217k |
09/12/19 |
8:30 |
Continuing Claims |
31-Aug |
-- |
1678k |
1662k |
09/12/19 |
9:45 |
Bloomberg Consumer Comfort |
8-Sep |
-- |
-- |
63.40 |
09/12/19 |
14:00 |
Monthly Budget Statement |
Aug |
-- |
-$195.0b |
-$119.7b |
09/13/19 |
8:30 |
Import Price Index MoM |
Aug |
-- |
-0.40% |
0.20% |
09/13/19 |
8:30 |
Import Price Index ex Petroleum MoM |
Aug |
-- |
0.00% |
0.00% |
09/13/19 |
8:30 |
Import Price Index YoY |
Aug |
-- |
-1.90% |
-1.80% |
09/13/19 |
8:30 |
Export Price Index MoM |
Aug |
-- |
-0.30% |
0.20% |
09/13/19 |
8:30 |
Export Price Index YoY |
Aug |
-- |
-- |
-0.9% |
09/13/19 |
8:30 |
Retail Sales Advance MoM |
Aug |
-- |
0.2% |
0.7% |
09/13/19 |
8:30 |
Retail Sales Ex Auto MoM |
Aug |
-- |
0.1% |
1.0% |
09/13/19 |
8:30 |
Retail Sales Ex Auto and Gas |
Aug |
-- |
0.30% |
0.90% |
09/13/19 |
8:30 |
Retail Sales Control Group |
Aug |
-- |
0.30% |
1.00% |
09/13/19 |
9:45 |
Bloomberg Sept. United States Economic Survey |
|
|
|
|
09/13/19 |
10:00 |
U. of Mich. Sentiment |
Sep P |
-- |
90.5 |
89.8 |
09/13/19 |
10:00 |
U. of Mich. Current Conditions |
Sep P |
-- |
-- |
105.3 |
09/13/19 |
10:00 |
U. of Mich. Expectations |
Sep P |
-- |
-- |
79.9 |
09/13/19 |
10:00 |
U. of Mich. 1 Yr Inflation |
Sep P |
-- |
-- |
2.70% |
09/13/19 |
10:00 |
U. of Mich. 5-10 Yr Inflation |
Sep P |
-- |
-- |
2.60% |
09/13/19 |
10:00 |
Business Inventories |
Jul |
-- |
0.30% |
0.00% |
Robert Rauf
Mortgage Loan Originator NMLS# 248937
http://www.homebridge.com/RobertRauf
or my blog: http://activerain.com/blogs/rrauf
Office: (732)908-4868 Cell (732)740-0175
RRauf@HomeBridge.com
www.RobertRauf.com
Since 1987 I have been helping my clients fulfill their dream of home ownership! HomeBridge Financial Services, Formerly REMN, HomeBridge Financial Services is located at 9 Grand Ave, Building 2 Suite A Toms River, NJ 08753. NMLS #6521. New Jersey Licensed Lender and Mortgage Banker #L041053. Visit www.Homebridge.com for more information. NJ Mortgages, New Jersey Mortgages, Mortgages in NJ, mortgage in New Jersey, Mortgages in New Jersey, Toms River NJ 08753, Toms River NJ 08755, Brick NJ 08723, Brick NJ 08724 Mortgage in Ocean County NJ, Mortgage in Monmouth County NJ, Jackson NJ 08527, Howell NJ 07731, Lacey 08731 08734, Beachwood 08722 Bayville 08721, Manchester 08757 08733, Manahawkin 08050, Robert Rauf is a Licensed Mortgage Loan Originator in New Jersey
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