dChan
Anonymous ID: da45e0 April 22, 2023, 10:11 a.m. No.18735497   🗄️.is 🔗kun   >>5523 >>5530 >>5569 >>5705 >>5809

Economic Schedule for Week of April 23rd 2023

 

The key reports scheduled for this week are the advance estimate of Q1 GDP and March New Home sales.

First Republic bank does earnings on Monday after the close see below-bailed out by the 'cash' from the big 6 and all the depositors rushing to put munee into the 'safety' of those same zombie banks and the housing data train wreck continues as well

 

FOMC still on track to do one more rate hike of 25bp in 11 days the they are done-cap#2

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html

 

Other key reports include February Case-Shiller house prices and Personal Income and Outlays for March. For manufacturing, the April Dallas, Richmond and Kansas City manufacturing surveys will be released.

 

  • Monday, April 24th -

8:30 AM ET: Chicago Fed National Activity Index for March. This is a composite index of other data.

10:30 AM: Dallas Fed Survey of Manufacturing Activity for April.

 

After the mkt close

Liquor Sales Will Be Brisk on Wall Street Ahead of First Republic Bank’s Earnings Report on Monday

>“Our single family mortgage loans, including HELOCs, were $101.5 billion and represented 61% of total loans at December 31, 2022, compared to $79.4 billion, or 59% of total loans at December 31, 2021.”

https://wallstreetonparade.com/2023/04/liquor-sales-will-be-brisk-on-wall-street-ahead-of-first-republic-banks-earnings-report-on-monday/

 

  • Tuesday, April 25th -

9:00 AM: S&P/Case-Shiller House Price Index for February.

The consensus is for a 2.5% year-over-year increase in the Comp 20 index for February.

9:00 AM: FHFA House Price Index for February. This was originally a GSE only repeat sales, however there is also an expanded index.

10:00 AM: New Home Sales for March from the Census Bureau. The consensus is for 630 thousand SAAR, down from 640 thousand in February.

10:00 AM: Richmond Fed Survey of Manufacturing Activity for April.

 

  • Wednesday, April 26th -

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: Durable Goods Orders for March from the Census Bureau. The consensus is for a 0.9% increase in durable goods orders.

 

  • Thursday, April 27th -

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 250 thousand initial claims, up from 245 thousand last week.

8:30 AM: Gross Domestic Product, 1st quarter 2023 (Advance estimate). The consensus is that real GDP increased 2.0% annualized in Q1, down from 2.6% in Q4.

10:00 AM: Pending Home Sales Index for March. The consensus is for a 1.0% increase in the index.

11:00 AM: the Kansas City Fed manufacturing survey for April. This is the last of regional manufacturing surveys for April.

 

  • Friday, April 28th -

8:30 AM ET: Personal Income and Outlays, March 2023. The consensus is for a 0.2% increase in personal income, and for a 0.1% decrease in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 4.1% YoY, and core PCE prices up 4.5% YoY.

9:45 AM: Chicago Purchasing Managers Index for April. The consensus is for a reading of 43.5, down from 43.8 in March.

10:00 AM: University of Michigan's Consumer sentiment index (Final for April). The consensus is for a reading of 63.5.