Friday:• At 8:30 AM ET, Durable Goods Orders for February from the Census Bureau. The consensus is for a 0.1.72% increase in durable goods orders. • At 10:00 AM, New Home Sales for February from the Census Bureau. The consensus is for 626 thousand SAAR, up from 593 thousand in January. • Also at...
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My December Employment Preview Goldman: December Payrolls Preview Friday:• At 8:30 AM, Employment Report for December. The consensus is for an increase of 190,000 non-farm payroll jobs added in December, down from the 228,000 non-farm payroll jobs added in November. The consensus is for the unemployment rate to be unchanged at 4.1%. • At...
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From Merrill Lynch: The strong retail sales data provided a 0.3pp boost to our 4Q GDP tracking estimate, bringing it up to 2.4%. Friday:• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for December. The consensus is for a reading of 18.0, down from 19.4. • At 9:15 AM, The...
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From Matthew Graham at Mortgage News Daily: Mortgage Rates Trying to Find a Ceiling Mortgage rates were decidedly higher this morning, with most lenders back above last week’s highs.  At the time, those were the highest rates in more than a month, although the range has been relatively narrow.  Underlying bond markets improved throughout the day,...
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Earlier: My May Employment Preview and Goldman: May Employment Preview Friday:• At 8:30 AM ET, Employment Report for May. The consensus is for an increase of 185,000 non-farm payroll jobs added in May, down from the 211,000 non-farm payroll jobs added in April. The consensus is for the unemployment rate to be unchanged at 4.4%....
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Earlier:, my March Employment Preview: Mixed Signals and Goldman: March Employment Preview Friday:• At 8:30 AM ET, Employment Report for March. The consensus is for an increase of 178,000 non-farm payroll jobs added in March, down from the 235,000 non-farm payroll jobs added in February. The consensus is for the unemployment rate to be...
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From Tim Duy at Bloomberg Whom to Listen to in the Fed Minutes When it comes to the meetings of the Federal Open Market Committee, not all central bank policy makers are created equally. There are “participants” — all the policy makers in the room — and there are “members,” those who have a...
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Friday:• At 8:30 AM ET, University of Michigan’s Consumer sentiment index (preliminary for December). The consensus is for a reading of 94.1, up from 93.8 in November. • Also at 10:00 AM, Monthly Wholesale Trade: Sales and Inventories for October. The consensus is for a 0.4% decrease in inventories. • At 12:00 PM, Q3...
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Friday:• At 8:30 AM ET, The Producer Price Index for September from the BLS. The consensus is for a 0.2% increase in prices, and a 0.1% increase in core PPI. • Also at 8:30 AM, Retail sales for September will be released.  The consensus is for 0.6% increase in retail sales in September. •...
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Friday:• At 8:30 AM ET, Employment Report for August. The consensus is for an increase of 175,000 non-farm payroll jobs added in August, down from the 255,000 non-farm payroll jobs added in July. The consensus is for the unemployment rate to decrease to 4.8%. • Also at 8:30 AM, Trade Balance report for July...
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