Schedule for Week of Feb 18, 2018

Feb 17 13:02 2018 Print This Article

The key economic report this week is January existing home sales.----- Monday, Feb 12th -----

All US markets are closed in observance of the Presidents' Day holiday.----- Tuesday, Feb 13th -----

No major economic releases scheduled.----- Wednesday, Feb 14th -----

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.10:00 AM: Existing Home Sales for January from the National Association of Realtors (NAR). The consensus is for 5.65 million SAAR, up from 5.57 million in December.The graph shows existing home sales from 1994 through the report last month.Housing economist Tom Lawler expects the NAR to report sales of 5.48 million SAAR for January.During the day: The AIA's Architecture Billings Index for January (a leading indicator for commercial real estate).2:00 PM: FOMC Minutes, Meeting of January 30-31, 2018----- Thursday, Feb 15th -----

Read More

About Article Author

Calculated Risk

A full time blogger, Bill McBride retired as a senior executive from a small public company in the '90s. Mr. McBride holds an MBA from the University of California, Irvine, and has a background in management, finance and economics.


Related Items

Stall Speed, Flattening Yield Curve, and the Longest Expansion

Data for Q1-2018 real GDP will be released on Friday, April 27. The Atlanta Fed’s GDPNow model predicts 2.0% q/q (saar) based on data available through April 17. That would put the y/y rate at 2.8%. I prefer the y/y metric because it solves the annoying “residual” seasonality problem that h ...

DUG Rockies: Whiting’s Aim To Be Pure-Play Bakken

Whiting Petroleum Corp.’s president and CEO, Brad Holly, kicked off Hart Energy’s DUG Rockies Conference & Exhibition April 25 with a discussion of the E&P’s game-changing strategies in the Williston Basin. But an additional narrative hook came during the post-presentation Q&A, when Holly said ...

Moody’s: E&P Sector Remains Positive On Production, EBITDA Growth Amid Capital Efficiency Focus

The outlook for the global independent exploration and production (E&P) sector remains positive, Moody’s Investors Service said in a new report released April 25. EBITDA will continue to grow strongly over the next 12 to 18 months, even as commodity prices stay within a moderate range, although hi ...

The Soaring Dollar Crushes The Commodity Rally- Craig Hemke (25/04/2018)

April 25,2018 Just last week, it appeared that a general rally in commodities was underway. Gold, silver, the base metals and crude oil were all soaring. But now, less than one week later, prices are falling sharply. And why? Blame the HFTs that trade the digital derivative contracts. They'v ...

Philly Fed: State Coincident Indexes increased in 47 states in March

From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for March 2018. Over the past three months, the indexes increased in 49 states and decreased in one, for a three-month diffusion index of 96. In the past month, the indexes increased i ...

Chemical Activity Barometer "Eases" in April

Note: This appears to be a leading indicator for industrial production.From the American Chemistry Council: Chemical Activity Barometer Eases Following Six Consecutive Monthly Gains; Trends Suggest Growth into Early 2019The Chemical Activity Barometer (CAB), a leading economic indicator created by t ...

Dollar Yields to Higher Rates

Wednesday April 25: Five the markets are talking about With U.S Treasury yields backing up, fixed income dealers are pricing in the possibility that there will be four Fed rate hikes this year and not the three they signaled in March. Given U.S economic growth and signs that domestic inflation could ...