TRADING RADAR9/3-9/7
Monday, September 3
US Economics (Time Zone: EDT)
US Markets are closed for Labor Day holidays
Global Economics (Time Zone: GMT)
05:00 JPY Vehicle Sales
08:00 EUR PMI
Earnings
No earnings
Tuesday, September 4
US Economics (Time Zone: EDT)
08:58 Markit US PMI Final – consensus 51.9
10:00 ISM Manufacturing – consensus 50.0, prior 49.8
10:00 ISM Prices Paid – consensus 46.0, prior 39.5
10:00 Construction Spending – consensus 0.4%, prior 0.4%
5:00 Total Vehicle Sales – consensus 14.20M, prior 14.05M
5:00 Domestic Vehicle Sales – consensus 11.03M, prior 11.00M
11:00 Fed purchasing $1.5b-2b bonds in 25 to 30-year range
11:30 Treasury to sell $32b 3-month, $28b 6-month bills
2:00 Fed to purchase $4.25b-$5b 6 to 8-year range
Global Economics (Time Zone: GMT)
01:30 AUD Current Account Balance
04:30 AUD Royal Bank of Australia Cash Target
07:00 EUR Spanish Unemployment
09:00 EUR Eurozone PPI
10:00 Greece to sell bills
11:00 EFSF to sell EU2b in 91-day bills
Earnings
Before:
Campbell Soup (CPB) EPS 38c
Smithfield Foods (SFD) EPS 45c
After:
Bloomin Brands (BLMN)
Finisar (FNSR) EPS 14c
Wednesday, September 5
US Economics (Time Zone: EDT)
07:00 MBA Mortgage Purchase Index
08:30 Nonfarm Productivity – consensus 1.8%, prior 1.6%
08:30 Unit Labor Costs – consensus 1.5%, prior 1.7%
09:45 ISM New York – consensus 55.2
11:00 Fed purchasing $4.5b-$5.5b in 8 to 10-year range
11:30 U.S. to sell 4-week bills
Global Economics (Time Zone: GMT)
01:30 AUD GDP
02:30 CNY HSBC Services PMI
08:00 EUR PMI Composite, Services
08:30 GBP UK PMI Services
09:00 EUR Eurozone Retail Sales
9:30 U.K. to sell GBP 1.75b 30-year bonds
10:30 Germany to sell EU5b 10-year notes
Earnings
After:
Verifone (PAY) EPS 70c
Dollar General (DG) EPS 64c
Thursday, September 6
US Economics (Time Zone: EDT)
07:30 Challenger Job Cuts YoY – prior -44.5%
08:15 ADP Employment Change – consensus 140K, prior 163K
08:30 Initial Jobless Claims – consensus 370K, prior 374K
08:30 Continuing Claims – consensus 3315K, prior 3316K
10:00 ISM Non-Manufacturing Composite – consensus 52.5, prior 52.6
11:00 Fed buying $1.5b-$2b Treasuries in 25 to 30-year range
Global Economics (Time Zone: GMT)
01:30 AUD Unemployment Change
09:00 EUR Eurozone GDP
10:00 EUR German Factory Orders
11:00 GBP Bank of England Rate Decision
11:45 EUR ECB Rate Decision
8:30 Spain to sell bonds
9:30 France to sell bonds
Earnings
Before:
No reports
After:
Smith & Wesson (SWHC) EPS 18c
Ulta Salon (ULTA) EPS 51c
Hovnanian (HOV) EPS -11c
Friday, September 7
US Economics (Time Zone: EDT)
08:30 Nonfarm Payrolls – consensus 125K, prior 163K
08:30 Private Payrolls – consensus 139K, prior 172K
08:30 Manufacturing Payrolls – consensus 10K, prior 25K
08:30 Unemployment Rate – consensus 8.3%, prior 8.3%
08:30 Average Weekly Hours – consensus 34.5, prior 34.5
08:30 Underemployment Rate – prior 15.0%
11:00 Fed to sell $7b-$8b notes in 1 to 2-year range
Global Economics (Time Zone: GMT)
06:00 EUR German Trade Balance
06:00 EUR German Current Account Balance
07:00 EUR Spanish Industrial Output
11:00 UK to sell bills
Earnings
Before:
Kroger (KR) EPS 49c
