by Calculated Threat on 5/11/2024 08:11:00 AM
The important thing studies this week are April CPI, Retail Gross sales and Housing Begins.
For manufacturing, April Industrial Manufacturing, and the Could NY and Philly Fed manufacturing surveys shall be launched.
—– Monday, Could thirteenth —–
No main financial releases scheduled.
—– Tuesday, Could 14th —–
6:00 AM ET: NFIB Small Enterprise Optimism Index for April.
8:30 AM: The Producer Worth Index for April from the BLS. The consensus is for a 0.2% enhance in PPI, and a 0.2% enhance in core PPI.
10:00 AM: Dialogue, Fed Chair Jerome H. Powell, Moderated Dialogue with Chair Powell and De Nederlandsche Financial institution (DNB) President Klaas Knot, On the Annual Basic Assembly, International Bankers’ Affiliation, Amsterdam
11:00 AM: NY Fed: Q1 Quarterly Report on Family Debt and Credit score
—– Wednesday, Could fifteenth —–
7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy purposes index.
8:30 AM: The Client Worth Index for April from the BLS. The consensus is for 0.3% enhance in CPI (up 3.4% YoY), and a 0.3% enhance in core CPI (up 3.6% YoY).
8:30 AM ET: Retail gross sales for April is scheduled to be launched. Â The consensus is for 0.4% enhance in retail gross sales.
This graph reveals retail gross sales since 1992. That is month-to-month retail gross sales and meals service, seasonally adjusted (whole and ex-gasoline).
8:30 AM: The New York Fed Empire State manufacturing survey for Could. The consensus is for a studying of -10.8, up from -14.3.
10:00 AM: The Could NAHB homebuilder survey. The consensus is for a studying of 51 unchanged from 51 final month. Any quantity under 50 signifies that extra builders view gross sales situations as poor than good.
—– Thursday, Could sixteenth —–
8:30 AM ET: Housing Begins for April.
This graph reveals single and whole housing begins since 2000.
The consensus is for 1.410 million SAAR, up from 1.321 million SAAR in March.
8:30 AM: The preliminary weekly unemployment claims report shall be launched. The consensus is for 222 thousand preliminary claims, down from 231 thousand final week.
8:30 AM: the Philly Fed manufacturing survey for Could. The consensus is for a studying of 8.0, down from 15.5.
9:15 AM: The Fed will launch Industrial Manufacturing and Capability Utilization for April.
This graph reveals industrial manufacturing since 1967.
The consensus is for a 0.2% enhance in Industrial Manufacturing, and for Capability Utilization to be unchanged at 78.4%.
—– Friday, Could seventeenth —–
10:00 AM: State Employment and Unemployment (Month-to-month) for April 2023