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May 11 — May 17, 2026

Monday, May 11

Time	Event	Actual	Forecast	Previous
01:30	01:30 Building Permits MoM Final	-10.5%	-10.5%	31%
01:30	01:30 Building Permits YoY Final	9%	9%	16.1%
01:30	01:30 Inflation Rate MoM	0.3%	-0.1%	-0.7%
01:30	01:30 Inflation Rate YoY	1.2%	0.8%	1%
01:30	01:30 PPI YoY	2.8%	1.5%	0.5%
14:00	14:00 Existing Home Sales	4.02	4.05	4.01
14:00	14:00 Existing Home Sales MoM	0.2%	—	-2.9%
14:20	14:20 NY Fed Bill Purchases 1 to 4 months	—	7.587	—
15:30	15:30 3-Month Bill Auction	3.61%	—	3.61%
15:30	15:30 6-Month Bill Auction	3.615%	—	3.61%
17:00	17:00 3-Year Note Auction	3.965%	—	3.897%
23:01	23:01 BRC Retail Sales Monitor YoY	-3.4%	0.8%	3.1%
23:50	23:50 Foreign Exchange Reserves	1383$	—	1374.7$

Tuesday, May 12

Time	Event	Actual	Forecast	Previous
01:30	01:30 NAB Business Confidence	-24	—	-29
07:15	07:15 Fed Williams Speech	—	—	—
09:00	09:00 Treasury Gilt 2031 Auction	4.651%	—	4.228%
09:30	09:30 2026-27 Federal Budget	—	—	—
10:00	10:00 NFIB Business Optimism Index	95.9	96.1	95.8
12:15	12:15 ADP Employment Change Weekly	33	—	30.25
12:30	12:30 Core Inflation Rate MoM	0.4%	0.3%	0.2%
12:30	12:30 Core Inflation Rate YoY	2.8%	2.7%	2.6%
12:30	12:30 CPI	333.02	—	330.21
12:30	12:30 CPI s.a	332.407	—	330.293
12:30	12:30 Inflation Rate MoM	0.6%	0.6%	0.9%
12:30	12:30 Inflation Rate YoY	3.8%	3.7%	3.3%
15:30	15:30 52-Week Bill Auction	3.65%	—	3.56%
15:30	15:30 6-Week Bill Auction	3.615%	—	3.63%
17:00	17:00 10-Year Note Auction	4.468%	—	4.282%
17:00	17:00 Fed Goolsbee Speech	—	—	—
18:00	18:00 Monthly Budget Statement	215$	220$	-164$
20:30	20:30 API Crude Oil Stock Change	-2.188	-1.65	-8.1
20:34	20:34 API Crude Oil Stock Change	-2.188	-1.65	-8.1
23:50	23:50 Current Account	4682¥	3879¥	3933¥

Wednesday, May 13

Time	Event	Actual	Forecast	Previous
01:30	01:30 Wage Price Index QoQ	0.8%	0.8%	0.8%
01:30	01:30 Wage Price Index YoY	3.3%	3.3%	3.4%
09:00	09:00 Employment Change QoQ Prel	0.1%	0.1%	0.2%
09:00	09:00 Employment Change YoY Prel	0.5%	0.5%	0.7%
09:00	09:00 GDP Growth Rate QoQ 2nd Est	0.1%	0.1%	0.2%
09:00	09:00 GDP Growth Rate YoY 2nd Est	0.8%	0.8%	1.2%
09:00	09:00 Industrial Production MoM	0.2%	0.3%	0.2%
09:00	09:00 Industrial Production YoY	-2.1%	-1.7%	-0.8%
11:00	11:00 MBA 30-Year Mortgage Rate	6.46%	—	6.45%
11:00	11:00 MBA Mortgage Applications	1.7%	—	-4.4%
11:00	11:00 MBA Mortgage Market Index	290.1	—	285.3
11:00	11:00 MBA Mortgage Refinance Index	921.1	—	928.6
12:30	12:30 Core PPI MoM	1%	0.3%	0.2%
12:30	12:30 Core PPI YoY	5.2%	4.3%	4%
12:30	12:30 PPI MoM	1.4	—	154.372
12:30	12:30 PPI Ex Food, Energy and Trade MoM	0.6%	—	0.2%
12:30	12:30 PPI Ex Food, Energy and Trade YoY	4.4%	—	3.7%
12:30	12:30 PPI MoM	1.4%	0.5%	0.7%
12:30	12:30 PPI YoY	6%	4.9%	4.3%
14:30	14:30 EIA Crude Oil Imports Change	-0.318	—	1.415
14:30	14:30 EIA Crude Oil Stocks Change	-4.306	-2.1	-2.313
14:30	14:30 EIA Cushing Crude Oil Stocks Change	-1.702	—	-0.648
14:30	14:30 EIA Distillate Fuel Production Change	-0.124	—	-0.024
14:30	14:30 EIA Distillate Stocks Change	0.19	-2.83	-1.294
14:30	14:30 EIA Gasoline Production Change	0.222	—	-0.275
14:30	14:30 EIA Gasoline Stocks Change	-4.084	-2.85	-2.504
14:30	14:30 EIA Heating Oil Stocks Change	0.153	—	-0.038
14:30	14:30 EIA Refinery Crude Runs Change	0.37	—	-0.042
15:30	15:30 17-Week Bill Auction	3.615%	—	3.605%
15:30	15:30 Fed Collins Speech	—	—	—
16:00	16:00 5-Year Bond Auction	3.289%	—	3.249%
17:00	17:00 30-Year Bond Auction	5.046%	—	4.876%
17:15	17:15 Fed Kashkari Speech	—	—	—
23:00	23:00 Fed Logan Speech	—	—	—
23:50	23:50 Foreign Bond Investment	1640.7¥	—	2406.4¥

Thursday, May 14

Time	Event	Actual	Forecast	Previous
06:00	06:00 Business Investment QoQ Prel	0.7%	1.1%	-2.9%
06:00	06:00 Business Investment YoY Prel	-1.8%	—	1.8%
06:00	06:00 GDP 3-Month Avg	0.6%	0.6%	0.5%
06:00	06:00 GDP Growth Rate QoQ Prel	0.6%	0.6%	0.2%
06:00	06:00 GDP Growth Rate YoY Prel	1.1%	0.8%	1%
06:00	06:00 GDP MoM	0.3%	-0.2%	0.4%
06:00	06:00 GDP YoY	1.2%	0.7%	1%
06:00	06:00 Goods Trade Balance	-27.22£	-20£	-22.8£
06:00	06:00 Goods Trade Balance Non-EU	-15.195£	—	-10.944£
06:00	06:00 Industrial Production MoM	-0.2%	-0.3%	0.3%
06:00	06:00 Industrial Production YoY	0%	0.2%	-0.5%
06:00	06:00 Manufacturing Production MoM	1.2%	-0.2%	-0.2%
06:00	06:00 Manufacturing Production YoY	1.2%	0%	-0.8%
09:00	09:00 M2 Money Supply YoY	8.6%	8.5%	8.5%
11:00	11:00 NIESR Monthly GDP Tracker	0.8%	—	0.6%
12:30	12:30 Continuing Jobless Claims	1782	1790	1758
12:30	12:30 Export Prices MoM	3.3%	1.1%	1.5%
12:30	12:30 Export Prices YoY	8.8%	—	5.4%
12:30	12:30 Import Prices MoM	1.9%	1%	0.9%
12:30	12:30 Import Prices YoY	4.2%	—	2.3%
12:30	12:30 Initial Jobless Claims	211	205	199
12:30	12:30 Jobless Claims 4-week Average	203.75	—	203
12:30	12:30 Retail Sales Control Group MoM	0.5%	0.4%	0.8%
12:30	12:30 Retail Sales Ex Autos MoM	0.7%	0.6%	1.9%
12:30	12:30 Retail Sales Ex Gas/Autos MoM	0.5%	—	0.7%
12:30	12:30 Retail Sales MoM	0.5%	0.5%	1.6%
12:30	12:30 Retail Sales YoY	4.9%	—	4.2%
14:00	14:00 Business Inventories MoM	0.9%	0.8%	0.4%
14:15	14:15 Fed Schmid Speech	—	—	—
14:30	14:30 EIA Natural Gas Stocks Change	85cf	85cf	63cf
15:30	15:30 4-Week Bill Auction	3.605%	—	3.61%
15:30	15:30 8-Week Bill Auction	3.61%	—	3.595%
16:00	16:00 15-Year Mortgage Rate	5.71%	—	5.72%
16:00	16:00 30-Year Mortgage Rate	6.36%	—	6.37%
17:00	17:00 Fed Bowman Speech	—	—	—
17:00	17:00 Fed Hammack Speech	—	—	—
20:30	20:30 Fed Balance Sheet	6.728$	—	6.709$
21:45	21:45 Fed Williams Speech	—	—	—
23:00	23:00 Fed Barr Speech	—	—	—
23:50	23:50 PPI MoM	2.3%	0.7%	1%
23:50	23:50 PPI YoY	4.9%	3%	2.9%

Friday, May 15

Time	Event	Actual	Forecast	Previous
03:35	03:35 3-Month Bill Auction	0.8706%	—	0.8416%
09:00	09:00 Current Account Prel	184.1$	—	243.8$
09:10	09:10 Current Account Prel	184.1$	—	243.8$
11:00	11:00 NIESR Monthly GDP Tracker	0.8%	—	0.6%
12:15	12:15 Housing Starts	279.3	240	239.7
12:30	12:30 Manufacturing Sales MoM Final	3%	3.5%	3.4%
12:30	12:30 NY Empire State Manufacturing Index	19.6	7.5	11
13:15	13:15 Industrial Production MoM	0.7%	0.3%	-0.3%
13:15	13:15 Industrial Production YoY	1.4%	—	0.76%
13:15	13:15 Manufacturing Production MoM	0.6%	0.2%	0.1%
13:15	13:15 Manufacturing Production YoY	1.3%	—	0.6%

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