Schedule for Week of Oct 8, 2017 – TheTradersWire

Schedule for Week of Oct 8, 2017

 

Schedule for Week of Oct 8, 2017

by Bill McBride on 10/07/2017 08:09:00 AM

The key economic reports this week are September retail sales and the Consumer Price Index (CPI).

—– Monday, Oct 9th —–

Columbus Day Holiday: Banks will be closed in observance of Columbus Day. The stock market will be open. No economic releases are scheduled.

—– Tuesday, Oct 10th —–

6:00 AM ET: NFIB Small Business Optimism Index for September.

—– Wednesday, Oct 11th —–

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

Job Openings and Labor Turnover Survey10:00 AM: Job Openings and Labor Turnover Survey for August from the BLS.

This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.

Jobs openings increased in July to 6.170 million from 6.116 in June.  This was the highest number of job openings since this series started in December 2000.

The number of job openings (yellow) were up 3% year-over-year, and Quits were up 4% year-over-year.

2:00 PM: FOMC Minutes, Meeting of September 19 – 20, 2017

—– Thursday, Oct 12th —–

8:30 AM ET: The initial weekly unemployment claims report will be released. The consensus is for 252 thousand initial claims, down from 260 thousand the previous week.

8:30 AM: The Producer Price Index for September from the BLS. The consensus is a 0.4% increase in PPI, and a 0.2% increase in core PPI.

—– Friday, Oct 13th —–

8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.6% increase in CPI, and a 0.2% increase in core CPI.
 

Retail Sales8:30 AM ET: Retail sales for September be released.  The consensus is for a 1.9% increase in retail sales.

This graph shows retail sales since 1992 through August 2017.

10:00 AM: Manufacturing and Trade: Inventories and Sales (business inventories) report for August.  The consensus is for a 0.6% increase in inventories.

10:00 AM: University of Michigan’s Consumer sentiment index (preliminary for October). The consensus is for a reading of 95.5, up from 95.1 in September.

—– Sunday, Oct 15th —–

At 9:00 AM ET, Speech by Fed Chair Janet YellenThe Economy and Monetary Policy, At the 32nd Annual G30 International Banking Seminar, Washington, D.C

Read more at http://www.calculatedriskblog.com/2017/10/schedule-for-week-of-oct-8-2017.html#lbVM7d2mlcgRZRIV.99

Published at Sat, 07 Oct 2017 12:09:00 +0000

About the author

TheWire

Online resource for daily updates and information relating to investing stocks, bonds, forex, real estate and much more.