Trial now
JGB TECHS

(Z1) Bearish Trend Condition

AUSSIE 10-YEAR TECHS

(Z1) Bearish Price Sequence

AUSSIE 3-YEAR TECHS

(Z1) Off Recent Highs

US 10YR FUTURE TECHS

(Z1)‌‌ Support Appears Exposed

US Data: Recap of Economic Indicators

Repeats Story Initially Transmitted at 21:06 GMT Aug 16/17:06 EST Aug 16
     
                    Aug-19   Jul-19   Jun-19   May-19   Apr-19   Mar-19   Feb-19
--------------------------------------------------------------------------------
UI Claims/4wk avg
wk 1               211/213  208/219  219/215  228/220  197/207  224/220  230/225
wk 2               220/214  216/219  222/218  212/225  193/201  216/220  231/229
wk 3                        207/213  217/219  212/221  230/206  212/217  213/229
wk 4                        217/212  229/222  218/217  230/212  204/214  224/225
wk 5                        211/213  222/223                             218/221
Nonfarm Payrolls              +164k    +193k     +62k    +216k    +153k     +56k
Private Payrolls              +148k    +179k     +81k    +195k    +153k     +46k
Mfg Payroll                    +16k     +12k      +2k      +3k      -3k      +8k
Unemployment                   3.7%     3.7%     3.6%     3.6%     3.8%     3.8%
Avg Wkly Hours                 34.4     34.4     34.4     34.4     34.5     34.4
Avg Hours - Mfg                40.4     40.7     40.6     40.6     40.7     40.7
Aggr Hours Index              -0.2%    +0.2%    +0.1%    -0.2%    +0.5%    -0.3%
Aggr Hrs Index -
Mfg                           -0.6%    +0.3%    +0.1%    -0.2%    -0.1%    -0.1%
Avg Hourly
Earnings                      +0.3%    +0.3%    +0.3%    +0.1%    +0.2%    +0.4%
Final Demand PPI              +0.2%    +0.1%    +0.1%    +0.2%    +0.6%    +0.1%
excl food &
energy                        -0.1%    +0.3%    +0.2%    +0.1%    +0.3%    +0.1%
excl food,
energy, trade                 -0.1%     Flat    +0.4%    +0.4%     Flat    +0.1%
CPI                           +0.3%    +0.1%    +0.1%    +0.3%    +0.4%    +0.2%
excl food &
energy                        +0.3%    +0.3%    +0.1%    +0.1%    +0.1%    +0.1%
Import Prices                 +0.2%    -0.9%     Flat    +0.2%    +0.6%    +1.0%
non-petro import
prices                         Flat    -0.4%    -0.3%    -0.5%     Flat    +0.2%
ISM Mfg Prices Pd
Index                          45.1     47.9     53.2     50.0     54.3     49.4
PCE Price Index
M/M                                    +0.1%    +0.1%    +0.3%    +0.2%    +0.1%
PCE Price Index
Y/Y                                    +1.4%    +1.4%    +1.5%    +1.4%    +1.3%
Core PCE Price
Index M/M                              +0.2%    +0.2%    +0.2%    +0.1%     Flat
Core PCE Price
Index Y/Y                              +1.6%    +1.5%    +1.5%    +1.5%    +1.6%
Treasury Budget
(bn)                                 -$119.7    -$8.5  -$207.8  +$160.3  -$146.9
Consumer Credit
(bn)                                           +$17.1   +$17.5   +$11.0   +$15.5
CB Consumer
Confidence                    135.7    124.3    131.3    129.2    124.2    131.4
Consumer
Sentiment                      98.4     98.2    100.0     97.2     98.5     93.8
Retail Sales                  +0.7%    +0.3%    +0.5%    +0.4%    +1.8%    -0.5%
excl motor
vehicles                      +1.0%    +0.3%    +0.5%    +0.6%    +1.4%    -0.6%
Personal Income                        +0.4%    +0.4%    +0.4%    +0.4%    +0.6%
Personal Spending                      +0.3%    +0.5%    +0.6%    +1.0%    -0.1%
ISM Mfg Index                  51.2     51.7     52.1     52.8     55.3     54.2
ISM Nonmfg NMI                 53.7     55.1     56.9     55.5     56.1     59.7
MNI Chicago
Report                         44.4     49.7     54.2     52.6     58.7     64.7
Phila Fed Mfg
Index                 16.8     21.8      0.3     16.6      8.5     13.7     -4.1
Phila Fed Nonmfg
Index                          21.4      8.2     17.3     21.0     21.7     10.0
Empire State
Index                  4.8      4.3     -8.6     17.8     10.1      3.7      8.8
KC Fed Mfg Index                 -1        0        4        5       10        1
Richmond Fed Mfg
Index                           -12        2        7        9       10       14
Dallas Fed Mfg
Index                          -6.3    -12.1     -5.3      2.0      6.9     11.6
Markit Mfg Index               50.4     50.6     50.5     52.4     52.4     53.0
Markit Services
Index                          53.0     51.5     50.9     53.0     55.3     56.0
Ind Production                -0.2%    +0.2%    +0.2%    -0.6%    +0.1%    -0.5%
Capacity Util                 77.5%    77.8%    77.8%    77.7%    78.4%    78.5%
Factory Orders                         +0.6%    -1.3%    -1.2%    +1.3%    -1.0%
Factory Orders ex
transport                              +0.1%    +0.0%    +0.2%    +0.1%    +0.3%
Durables                               +1.9%    -2.3%    -2.8%    +1.7%    -2.6%
Durables ex
transport                              +1.0%    +0.4%    -0.2%    -0.5%    -0.3%
Nondurables                            -0.5%    -0.3%    +0.4%    +0.9%    +0.7%
Mfg Shipments                          +0.4%    +0.1%    -0.6%    +0.2%    +0.3%
Business
Inventories                             Flat    +0.3%    +0.5%     Flat    +0.3%
Factory                                +0.2%    +0.2%    +0.2%    +0.4%    +0.3%
Retail                                 -0.3%    +0.3%    +0.6%    -0.3%    +0.3%
Wholesale                               Flat    +0.4%    +0.8%     Flat    +0.4%
Housing Starts
(mn)                                   1.253    1.265    1.270    1.199    1.149
Building Permits
(mn)                                   1.232    1.299    1.290    1.288    1.287
NAHB Index                                64       66       63       62       62
New Home Sales
(k)                                      646      604      658      705      669
Existing Homes
(mn)                                    5.27     5.36     5.21     5.21     5.48
Pending Home
Sales Index                            108.3    105.4    104.3    105.9    101.9
Construct
Spending                                -1.3    -0.5%    +0.9%    +0.1%    +1.0%
Private
Residential                             -0.5     Flat    +0.9%    -0.8%    -0.7%
Trade Balance
(bn)                                  -$55.2   -$55.3   -$51.2   -$51.9   -$50.0
Exports (bn)                          $206.3   $210.7   $206.4   $211.4   $209.6
Imports (bn)                          $261.5   $266.0   $257.6   $263.3   $259.7
Goods Only, BOP
(bn)                                  -$75.1   -$75.9   -$71.7   -$72.7   -$70.8
Leading Index                          -0.3%     Flat    +0.1%    +0.3%    +0.1%
                                       Q2-19                      Q1-19
GDP (chain-wt)                         +2.1%                      +3.1%
Final Sales                            +3.0%                      +2.6%
Chain prices                           +2.4%                      +1.1%
Current-dollar                         +4.6%                      +3.9%
                                       Q2-19                      Q1-19
Nonfarm
Productivity                           +2.3%                      +3.5%
Nonfarm Unit
Labor Costs                            +2.4%                      +5.5%
                                       Q2-19                      Q1-19
ECI (q/q)                              +0.6%                      +0.7%
--MNI Washington Bureau; +1 202 371 2121; email: alexandra.kelley@marketnews.com
[TOPICS: MTABLE]