-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessUS Data: Highlights of MNI Survey of Economic Forecasts
Repeats Story Initially Transmitted at 21:06 GMT May 4/17:06 EST May 4
WASHINGTON (MNI) - The following are highlights of forecasts for
upcoming U.S. economic indicators provided by participants in the MNI
weekly survey. The comment section presents the key elements behind the
median forecasts.
Consumer Credit for March (dollar change, billions)
Monday, May 7 at 3:00 p.m. ET Actual:
Median Range Mar18 Feb18 Jan18
Cons Cred +$16.3 +$13.0 to +$19.1 -- +$10.6b +$15.6b
Comments: Consumer credit is expected to rise by $16.3 billion in
March after a $10.6 billion increase in February. Retail sales rose by
0.6% and were still up 0.2% excluding a 2.0% jump in motor vehicles, so
improved readings for both revolving and nonrevolving credit are
expected.
Producer Price Index for April (percent change)
Wednesday, May 9 at 8:30 a.m. ET Actual:
Median Range Apr18 Mar18 Feb18
Final Demand +0.3% +0.2% to +0.4% -- +0.3% +0.2%
Ex Food,Energy +0.2% +0.2% to +0.3% -- +0.3% +0.2%
Comments: Final demand PPI is expected to rise 0.3% in April after
a 0.3% gain in March. Energy prices are expected to surge after a dip in
March, with gasoline a driving factor, while food prices are expected to
flatten after surging in the previous month. Excluding food and energy
prices, PPI is forecast to rise 0.2% after a stronger than expected 0.3%
increase in the previous month.
Weekly Jobless Claims for May 5 week
Thursday, May 10 at 8:30 a.m. ET Actual:
Median Range May05 Apr28 Apr21
Weekly Claims 220k 220k to 220k -- 211k 209k
Comments: The level of initial jobless claims is expected to post a
further increase in the March 5 week, rising by 9,000 to 220,000 after a
small 2,000 increase in the previous week that kept claims very near a
decades-low level. The four-week moving average would fall by 3,250 in
the coming week as the 233,000 level in the April 7 week drops out of
the calculation, assuming the MNI forecast is correct and there are no
revisions. This would set another new 45-year record if it is realized.
Consumer Price Index for April (percent change)
Thursday, May 10 at 8:30 a.m. ET Actual:
Median Range Apr18 Mar18 Feb18
CPI +0.3% +0.2% to +0.3% -- -0.1% +0.2%
CPI Core +0.2% +0.2% to +0.2% -- +0.2% +0.2%
Comments: The CPI is expected to rise 0.3% in April following a
weaker-than-expected 0.1% decline in March. The year/year rates should
stabilize or even decline modestly after a runup in March due to base
factors from a year ago. For April, AAA reported a modest gain in
mid-month prices from March, which could support a rebound in CPI
gasoline prices after a March decline. The core CPI is forecast to rise
0.2% following a similar increase in the previous month.
Treasury Statement for April ($ billions)
Thursday, May 10 at 2:00 p.m ET Actual:
Median Range Apr18 Mar18 Apr17
Balance +$130.0b +$130.0b to +$130.0b -- -$208.7b +$182.4b
Comments: The US Treasury is expected to post a $130.0 billion
budget surplus in the April tax month, down from the $182.4 billion
surplus in April 2017. Lower-than-normal receipts and higher outlays
should both be seen in the data.
University of Michigan Survey for May (preliminary)
Friday, May 11 at 10:00 a.m. ET Actual:
Median Range May18p Apr18 Mar18
Consumer Sent 99.0 97.0 to 99.5 -- 98.8 101.4
Comments: The Michigan Sentiment index is expected to rebound very
modestly to a reading of 99.0 in early-May after dipping to 98.8 in
April. Concerns in the previous month regarding potential trade wars and
financial market movements were less of a factor at the end of April and
start of May.
--MNI Washington Bureau; +1 202-371-2121; email: holly.stokes@marketnews.com
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.