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What to Watch: ECB Policy Annc, US GDP, Corporate Earnings, 7Y Sale

US TSYS
  • Busy day ahead kicks off with ECB policy announcement at 0815ET, press conference 30 minutes later.
  • 3Q GDP leads rush of data at 0830ET, including weekly claims, Personal Consumption, Wholesale/Retail Inventories and Durable/Cap Goods. Pending Home sales at 1000ET followed by Kansas City Fed Mfg Activity at 1100ET.
  • Fed Gov Waller is scheduled to make opening remarks at a payment conf (text, no Q&A) at 0900ET.
  • Treasury supply: $95B 4W, $85B 8W Bills at 1130ET, $38B 7Y Note auction (91282CJG7) at 1300ET.
  • Corporate earnings ahead the open: Comcast, Int Paper, Seagate, Northrop Grumman, Bristol Myers, Merck, Newmont, Vulcan, Carrier, Lennox and Valero. After the close: L3Harris, Ford, Juniper Networks, Olin, Capital One, Intel, US Steel and Amazon.

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