by Calculated Risk on 4/02/2022 08:11:00 AM

This will be a light week for economic data.

The key report this week is the Trade Deficit.

----- Monday, April 4th -----
No major economic releases scheduled.

----- Tuesday, April 5th -----

8:00 AM: Corelogic House Price index for February.

8:30 AM: Trade Balance report for February from the Census Bureau.

This graph shows the U.S. trade deficit, with and without petroleum, through the most recent report. The blue line is the total deficit, and the black line is the petroleum deficit, and the red line is the trade deficit ex-petroleum products.

The consensus is the trade deficit to be $88.7 billion.  The U.S. trade deficit was at $89.7 billion in January.

10:00 AM: the ISM Services Index for March.

----- Wednesday, April 6th -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

2:00 PM: FOMC Minutes, Minutes Meeting of March 15-16, 2022

----- Thursday, April 7th -----
8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for a decrease to 200 thousand from 202 thousand last week.

----- Friday, April 8th -----
No major economic releases scheduled.