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What to Watch: GDP, PCE, Wholesale/Retail Inv, Fed Speak

US TSYS
  • Treasury futures modestly higher after yesterday's reversal, futures still near the middle of last 8 day range in the lead-up to this morning's GDP and PCE data at 0830ET.
  • Additional data at 0830ET: Advance Goods Trade Balance, Retail and Wholesale month-over-month Inventories.
  • US Treasury supply: $60B 17W Bill auction at 1130ET.
  • Scheduled Fed speak after Dallas Fed Logan's pop-up interview on Bbg this morning: Atl Fed President Bostic fireside chat on mon/pol (no text ) at 1200ET, Boston Fed Collins fireside chat, text, Q&A, livestreamed at 1215ET, followed by NY Fed Williams, moderated Q&A, livestreamed at 1245ET.
  • Looking ahead: corporate earnings after the close include: Paramount Global, Salesforce, HP Inc, AMC Entertainment, Jazz Pharmaceuticals and Monster Beverage.

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