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Free AccessJefferies economist Ward...........>
US TSYS/RESEARCH: Jefferies economist Ward McCarthy said the "market calendar in
the week ahead will again be busy. Treasury will hold the $62 bln Refunding
auction package of 3yr, 10-yr and 30-yr issues. The Fed calendar of public
appearances will feature a press briefing by NY Fed President Dudley, along with
appearances by regional bank presidents Bullard, Kashkari and Kaplan."
- He adds that "the active data calendar will feature Q2 productivity and Unit
Labor Costs, the JOLTS data and two of the three primary inflation releases. JEF
Economics projects an acceleration in productivity but a deceleration in ULC
relative to Q1, a moderate rise in the PPI and a minimal uptick in the CPI."
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.