Agenda
| Time | Indicator/Event | Comment |
| 08:30 | International trade | Little change in imports or exports |
| 08:30 | Jobless claims | Steady in first week of August |
| 08:30 | Continuing claims | Towards low end of recent range |
| 10:00 | Wholesale inventories | Held down by oil price decline |
| 10:15 | Fed TIPS purchase | January 2019 to February 2042 maturities |
| 11:00 | 3- and 6-month bill announcement | A small increase likely |
| 13:00 | 30-yr bond auction | Another $16 billion offering |
Intraday Updates
[8:30 Data] The unexpected narrowing in the June trade deficit boosts our tracking estimate for Q2 GDP to 2% or so. The initial jobless claims figures were milder than expected, but we remain wary of giving them much weight at this time of the year.
[10:00 Data] Wholesale inventories were much weaker than expected. This morning's inventory data will offset the positive GDP impact of the import data. more »
Economic Indicators
Initial jobless claims and the trade deficit are due out at 8:30 this morning. We expect little change in either (365K for claims and $48.5 billion for the deficit). Today’s schedule also includes wholesale inventories at 10:00. more »
Federal Reserve Operations & the Overnight Market
Fed Open Market Operations The Fed will conduct its monthly outright purchase of TIPS this morning. more »
Overnight Funding Monitor Daily GCF repo forecasts more »
Treasury Finance
The Treasury will announce next week’s 3- and 6-month bills this morning at 11:00 and will wrap up the mid-quarter refunding with the sale of $16 billion of 30-year bonds at 1:00 this afternoon. more »
The Money Market Observer
Monday, Aug 6 This week’s newsletter is a hodge-podge of facts and figures about the Treasury’s borrowing needs and the distribution of its interest payments in a post-Operation Twist world. more »
Daily Press Summary (pdf)
ICAP's Inside Debt Report for Thursday, Aug 9 ICAP's Inside Debt provides relevant end-of-day news summaries and market sector commentary from Reuters for the FOREX, Treasuries, Corporates and Equities markets, a 3 pm EST market snapshot pricing of all market sectors from ICAP and economic data from Wrightson ICAP in a take-home, easy-to-read format. Download a PDF file of the most recent report now. go »
Daily Press Summary Archive go »
