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Trading Today - Claims, Chicago, Bullard
We will get Jobless Claims and the Chicago Business Barometer figures this morning, and players might pay a little more attention to Fed President Bullard's speech in London in the afternoon.
Jun  30  
Trading Today

Fixed Income Focus: Brexit Fallout; Mortgage Financial Accounts
The Treasury market rallied sharply on Friday, as financial markets were caught wildly off guard by the vote by British citizens to leave the European Union. Yields were down 13 to 19 basis points by late Friday afternoon. The change in Treasuries on the week was more mixed.

This week, we also review the Fed's Z.1 data on mortgages. Residential mortgage debt is growing, if at a slow pace. The gains look better, when we exclude charge-offs and home equity debt, which is still contracting.
Jun  24  
Commentaries

US Economic Chartbooks
Please see our Economic Week Ahead Chartbook for a discussion of next week's economic releases provided in a visually friendly format that includes graphs, brief descriptions of SMR's forecasts, and links to detailed data previews. If you missed anything from last week, see our Economic Week in Review Chartbook for a look back at the releases with links to full analyses.
Jun  24  

Brexit: EU Referendum Delivers a Flurry of Shocks
This morning we are sharing Martin Beck's response to the decision by the UK to leave the European Union. Martin Beck is one our colleagues at Oxford Economics, where he is the Lead UK Economist.
Jun  24  
Commentaries

Fed Comment - ''Carefully Monitoring Developments'' After Brexit Vote
The Federal Reserve issued a brief statement on Friday, June 24 that it was "carefully monitoring developments" after the outcome of the Brexit vote in the UK. Other central banks have issued similar statements. The statement said, "The Federal Reserve is carefully monitoring developments in global financial markets, in cooperation with other central banks, following the results of the U.K. referendum on membership in the European Union. The Federal Reserve is prepared to provide dollar liquidity through its existing swap lines with central banks, as necessary, to address pressures in global funding markets, which could have adverse implications for the U.S. economy."
Jun  24  
Federal Reserve


Latest Research HERE for Research Window
11:33Tentative 2017 FOMC Meeting Schedule, No Changes to 2016
11:05Treasury Announces Details of Next Week's Bill Auctions
09:57Analysis - June MNI-Chicago ISM Business Barometer 56.8
09:45Data Flash! June MNI Chicago Report 56.8
08:57Analysis Initial Unemployment Claims
08:30Data Flash! Initial Claims Up 10K to 268K
08:28Equity Market Technicals: Stocks Begin Approach to Next Top
08:21Corporate Review - Supply, Spreads, & Activity For Wednesday, June 29
08:17Repo Update - Quarter End Shenanigans Back in Full Swing
07:35Trading Today - Claims, Chicago, Bullard


Chart of the Day
Savings Rate: An Update
Savings Rate: An Update

Thursday, 30 Jun
Initial Jobless Claims  25-Jun  268K Vs Prev's 258Kr
  Continuing Claims  18-Jun  2120K Vs Prev's 2140Kr
  Chicago Purchasing Manager Index  Jun  56.8 Vs Prev's 49.3
  Treasury will announce a 3-month and 6-month bill auction
  Treasury will announce a 4-week bill auction
  Fed's Bullard speaks in London