It is Thursday the 2nd of March, here are some things to look out for today.
This morning, the yield on 10-year US Treasury bonds has risen above 4% for the first time since November, thanks to hawkish comments from federal reserve officials.
As market sentiment soured, a dollar index rose, while risk-sensitive currencies led declines among a group of ten peers. European bond yields rose as well, and core inflation in the eurozone reached a new high.
European stocks and equity futures in the United States fell.
8:30 AM ET
US Weekly Jobless Claims
Initial Claims - Median Forecast: 195K | Prior: 192K | Range: 205K / 185K
Continuing Claims - Median Forecast: 1.669M | Prior: 1.654M | Range: 1.7M / 1.645M
US Labor Costs Revised for Q4
Median Forecast: 1.6% | Prior: 1.1% | Range: 4% / 1.1%
US Productivity Revised for Q4
Median Forecast: 2.5% | Prior: 3% | Range: 3% / 1.4%
11:30 AM ET
US sells $75 bln in 4-Week Bills
10:00 AM ET
BoE's Pill speaks at Wales Week in London on the ‘2023 Economic Outlook – a Year of Growth or Survival?’
2:00 PM ET
Fed's Waller gives a speech on the economic outlook during a virtual event hosted by the mid-size bank coalition of America.
Text: yes. Q&A, yes, from the moderator.