MBA (Mortgage Bankers Association) Conducts weekly mortgage rate survey. Publishes 30-year Mortgage Rate and mortgage applications on a weekly basis.


M1 & M2: Below are definitions from the Federal Reserve website, as of July 2022:
M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (3) other liquid deposits, consisting of other checkable deposits (or OCDs, which comprise negotiable order of withdrawal, or NOW, and automatic transfer service, or ATS, accounts at depository institutions, share draft accounts at credit unions, and demand deposits at thrift institutions) and savings deposits (including money market deposit accounts). Seasonally adjusted M1 is constructed by summing currency, demand deposits, and other liquid deposits, each seasonally adjusted separately.
M2 consists of M1 plus (1) small-denomination time deposits (time deposits in amounts of less than $100,000) less individual retirement account (IRA) and Keogh balances at depository institutions; and (2) balances in retail money market funds (MMFs) less IRA and Keogh balances at MMFs. Seasonally adjusted M2 is constructed by summing small-denomination time deposits and retail MMFs, each seasonally adjusted separately, and adding the result to seasonally adjusted M1.


API (American Petroleum Institute) reports inventory levels of US crude oil, gasoline and distillates stocks.

EIA (US Energy Information Administration): Publishes Petroleum Status Report, includes Crude Oil Inventories, Gasoline Inventories, and Distillate Inventories. Published weekly. Click here for the website.


Bid-to-cover ratio: is the dollar amount of bids received in a Treasury security auction versus the amount sold. This is an indicator of demand. The higher the ratio, the higher the demand. A ratio above 2.0 indicates a successful auction with aggressive bids.


FRN (Floating Rate Note): is debt instrument with interest rate that is variable and determined by a reference rate (for example LIBOR, SOFR, or prime rate).


United States Survey of Business Uncertainty:
Conducted by Federal Reserve Bank of Atlanta in partnership with University of Chicago and Stanford University.
It measures one-year-ahead expectations and uncertainties that firms have about their own employment and sales.
The sample covers all regions of the US economy, every industry sector except agriculture and government, and a broad range of firm sizes.
Click here for the latest data and news.


PCE (Personal Consumption Expenditures): published by Bureau of Economic Analysis (BEA). Click here for the website.


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