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What to Watch: Data Blizzard, Fed Speak, 20Y Bond Sale Re-Open

US TSYS
  • Heavy round of data this morning kicks off with Retail Sales, Import/Export indexes and NY Fed Services Business Activity at 0830ET.
  • Industrial/Mfg Production and Capacity Utilization released at 0915ET, followed by Housing Market data at 1000ET.
  • Federal Reserve Releases Beige Book released at 1400ET
  • Scheduled Fed speakers: Barr to discuss cyber risk on financial services sector today at 0900ET, however, no Q&A expected.
  • Fed Gov Bowman, also at 0900ET, will discuss bank capital reform w/ moderated Q&A. NY Fed Williams will make opening remarks on equitable growth at 1500ET, no Q&A.
  • US Treasury auctions: $58M 17W bills at 1130ET followed by $13.B 20Y Bond re-open (912810TW8) at 1300ET.
  • Markets will be watching for more corporate debt issuance after $30B priced Tuesday, as well more corporate earnings: Citizens Financial, Charles Schwab and US Bancorp out already, Discover Financial, Alcoa and Kinder Morgan expected after the close.
  • Geo-Pol: Middle East tensions remain high with potential to inject volatility into markets.

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