Weekly Schedule

The key reports this week are January Housing Starts and Existing Home sales.

For manufacturing, the February NY and Philly Fed manufacturing surveys will be released this week.

----- Monday, Feb 17th -----

All US markets will be closed in observance of Washington's Birthday Holiday.

----- Tuesday, Feb 18th -----

8:30 AM: The New York Fed Empire State manufacturing survey for February. The consensus is for a reading of 5.0, up from 4.8.

10:00 AM: The February NAHB homebuilder survey. The consensus is for a reading of 75, unchanged from 75. Any number above 50 indicates that more builders view sales conditions as good than poor.

----- Wednesday, Feb 19th -----

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

Total Housing Starts and Single Family Housing Starts8:30 AM: Housing Starts for January.

This graph shows single and total housing starts since 1968.

The consensus is for 1.415 million SAAR, down from 1.608 million SAAR.

8:30 AM ET: The Producer Price Index for December from the BLS. The consensus is for a 0.1% increase in PPI, and a 0.1% increase in core PPI.

During the day: The AIA's Architecture Billings Index for January (a leading indicator for commercial real estate).

2:00 PM: FOMC Minutes, Meeting of January 28-29, 2020

----- Thursday, Feb 20th -----

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 210 thousand initial claims, up from 205 thousand the previous week.

8:30 AM: the Philly Fed manufacturing survey for February. The consensus is for a reading of 12.0, down from 17.0.

----- Friday, Feb 21st -----

Existing Home Sales10:00 AM: Existing Home Sales for January from the National Association of Realtors (NAR). The consensus is for 5.45 million SAAR, down from 5.54 million.

The graph shows existing home sales from 1994 through the report last month.