Tuesday, April 11, 2023

Tomorrow's Earnings/Economic Releases of Note; Market Movers

Earnings of Note 
Company/Estimate 

Before the Open: 
  • (APOG)/.85
  • (BBBY)/-1.77
After the Close: 
  • (SPWH)/.29

Economic Releases

8:30 am EST
  • The CPI MoM for March is estimated to rise +.2% versus a +.4% gain in Feb.
  • The CPI Ex Food and Energy MoM for March is estimated to rise +.4% versus a +.5% gain in Feb.
  • The CPI YoY for March is estimated to rise +5.1% versus a +6.0% gain in Feb.
  • The CPI Ex Food and Energy YoY for March is estimated to rise +5.6% versus a +5.5% gain in Feb.
  • Real Avg. Weekly Earnings YoY for March.
10:30 am EST
  • Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,038,670 barrels versus a -3,739,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -1,629,170 barrels versus a -4,119,000 barrel decline the prior week. Distillate inventories are estimated to fall by -509,000 barrels versus a -3,632,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to rise by +.35% versus a -.7% decline prior.
2:00 pm EST
  • The Monthly Budget Statement for March is estimated at -$313.5B versus -$192.6B in Feb.
  • March 22nd FOMC Meeting Minutes
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The Japan Money Supply report, weekly MBA Mortgage Applications report, 10Y T-Note auction, (GBX) investor day, (COP) analyst meeting and the (WBD) streaming press event could also impact global trading on Monday.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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