Agenda
| Time | Indicator/Event | Comment |
| 08:30 | Nonfarm payrolls | Weather effects depress payrolls and boost unemployment |
| 15:00 | Consumer credit | January data |
Intraday Updates
The employment report escaped February’s blizzards nearly unscathed. Total payrolls fell by just 36K, and the unemployment rate held onto all of last month’s improvement. more »
Economic Indicators
The market risks in this morning’s employment report are one-sided, as traders are much more likely to respond to signs of strength than to signs of weakness. Given last month’s weather conditions, the market would be more inclined to make excuses for shortfalls in the data than for upside surprises. more »
Federal Reserve Operations & the Overnight Market
Fed Open Market Operations The Desk has no major operations scheduled for today. more »
Fed Funds Monitor Fed funds data tables more »
Fed Data Nothing in last night’s balance sheet data from the Fed explained the tightening in the funds rate so far this week. The upward shift in the trading range for fed funds reflects higher financing costs in the repo market. Also, last night’s data showed that banks have repaid very little of their discount window borrowing since the discount rate was hiked last month. more »
Treasury Finance
Treasury cash flows table more »
The Money Market Observer
Monday, Mar 1 The reserves outlook for the next couple of quarters is starting to come into clearer focus. There are still plenty of variables in the outlook, but the Fed’s statements over the past three weeks and the Treasury’s long-awaited resumption of SFP bill sales have narrowed the range of potential outcomes. This week’s newsletter provides a baseline forecast for excess reserve balances between now and the end of September, and discusses some of the factors that could alter that forecast. more »
Daily Press Summary (pdf)
Inside Debt Daily for Friday, Mar 5 The Inside Debt Daily provides relevant market news and market segment commentary from Thomson Reuters and data from ICAP and Wrightson ICAP in a take-home, easy-to-read format highlighting key developments which could impact the capital markets the ensuing trading day. Download a PDF file of the most recent report now. go »
Daily Press and Pricing Archive go »
