US: White House Press Conference Underway Shortly

Apr-11 17:01

White House Press Secretary Karoline Leavitt is shortly due to hold a press conference at the White House. LIVESTREAM

  • President Donald Trump has no official engagements or notable meetings on his public schedule today. In the morning, he attended his annual physical at Walter Reed Hospital before departing for his second base in Mar-a-Lago, Florida.

Historical bullets

US TSYS/SUPPLY: WI 10Y

Mar-12 16:56

WI at 4.318% ahead of the $39B 10Y note auction re-open (91282CMM0) cut-off at 1300ET, compares to last month's tail: 4.632% high yield vs. 4.622% WI.

LOOK AHEAD: Thursday Data Calendar: PPI, Weekly Claims, 30Y Re-Open Sale

Mar-12 16:56
  • US Data/Speaker Calendar (prior, estimate)
  • 13-Mar 0830 PPI Final Demand MoM (0.4%, 0.3%), YoY (3.5%, 3.3%)
  • 13-Mar 0830 Initial Jobless Claims (221k, 225k)
  • 13-Mar 0830 Continuing Claims (1.897M, 1.888M)
  • 13-Mar 1130 US Tsy $75B 4W & 8W bill auctions
  • 13-Mar 1200 Household Change in Net Worth ($4766B, --)
  • 13-Mar 1300 US Tsy $22B 30Y Bond reopen auction (912810UG1)

OPTIONS: Larger FX Option Pipeline

Mar-12 16:51
  • USD/JPY: Mar17 Y146.90-15($1.1bln), Y149.00-15($1.1bln); May18 Y147.00($1.2bln), Y148.50($1.1bln), Y150.00($1.3bln)
  • GBP/USD: Mar17 $1.3300(Gbp1.1bln)
  • AUD/USD: Mar14 $0.6125(A$1.1bln), $0.6400-10(A$1.0bln); Mar18 $0.6320-30($1.3bln)
  • USD/CAD: Mar14 C$1.4700($1.2bln)