April FOMC Week

56
Mon, Apr 26, 2021 - 10:30am

Yes, it's going to be a busy week. Not only is it another FOMC week with Wednesday Fedlines and a CGP presser, we also have Comex option expiry on Tuesday, the May contract for silver goes off the board on Thursday and there's all sorts of noteworthy economic data in between.

So let's start there. Today brought the latest US durable goods numbers and they came in below expectations. The best summary is of course from ZH and here's their link: https://www.zerohedge.com/economics/...

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Key Economic Events Week of 5/3

5/3 9:45 ET Markit manu PMI
5/3 10:00 ET ISM manu PMI
5/3 10:00 ET Construction Spending
5/3 2:20 ET Chief Goon Powell
5/4 8:30 ET US Trade Deficit
5/4 8:30 ET Factory Orders
5/4 1:00 ET Goons Daly and Kashnkari
5/5 8:15 ET ADP jobs report
5/5 9:45 ET Markit service PMI
5/5 10:00 ET ISM service PMI
5/5 12:00 ET Goon Mester
5/6 8:30 ET Productivity and Labor Costs
5/6 10:00 ET Goon Kaplan
5/7 8:30 ET BLSBS