Betting markets are continuing to price in “someone else” (bottom panel)
Economists and former Fed Governors on TV argue that Chris Waller’s dissent was not politically motivated to increase his chances of being picked as Fed Chairman by Trump. Prediction market traders disagree.
Petr Pinkhasov: The dollar is getting smacked. DXY dropped to around 96.2 at the time of writing this update, which is the lowest since February 2022. It has declined four straight sessions with last week’s 1.9% slide being the biggest weekly drop since April.
Upcoming US Treasury Supply
Tentative Schedule of Treasury Buyback Operations
Upcoming Economic Releases & Fed Speak
1/29/2026 at 08:30am EST: Nonfarm Productivity and Unit Labor Costs
1/29/2026 at 08:30am EST: Initial Jobless Claims / Initial Claims 4-Wk Moving Avg / Continuing Claims
1/29/2026 at 08:30am EST: Trade Balance / Exports MoM / Imports MoM
1/29/2026 at 10:00am EST: Factory Orders / Factory Orders Ex Trans
1/29/2026 at 10:00am EST: Durable Goods Orders / Durable Goods Ex Transportation
1/29/2026 at 10:00am EST: Cap Goods Orders Nondef Ex Air / Cap Goods Ship Nondef Ex Air
1/29/2026 at 10:00am EST: Wholesale Inventories MoM / Wholesale Trade Sales MoM
1/30/2026 at 08:30am EST: PPI Final Demand MoM / PPI Ex Food and Energy MoM
1/30/2026 at 08:30am EST: PPI Ex Food, Energy, Trade MoM / PPI Final Demand YoY
1/30/2026 at 08:30am EST: PPI Ex Food and Energy YoY / PPI Ex Food, Energy, Trade YoY
1/30/2026 at 09:45am EST: MNI Chicago PMI
1/30/2026 at 01:30pm EST: Fed’s Musalem Speaks on Economy and Policy
1/30/2026 at 07:00pm EST: Fed’s Bowman Speaks on Monetary and Regulatory Policy
2/02/2026 at 09:45am EST: S&P Global US Manufacturing PMI
2/02/2026 at 10:00am EST: ISM Manufacturing / Prices Paid / New Orders / Employment
2/02/2026 at 12:30pm EST: Fed’s Bostic Speaks at the Atlanta Rotary Club
2/02/2026 at 03:00pm EST: US Treasury Quarterly Borrowing Estimates
2/03/2026 at 09:40am EST: Fed’s Bowman in Moderated Conversation
2/03/2026 at 10:00am EST: JOLTS Job Openings & Openings Rate / JOLTS Quits Level & Rate
2/03/2026 at 10:00am EST: JOLTS Layoffs Level & Rate
2/03/2026: Wards total Vehicle Sales
2/04/2026 at 07:00am EST: MBA Mortgage Applications
2/04/2026 at 08:15am EST: ADP Employment Change
2/04/2026 at 08:30am EST: US Treasury Quarterly Refunding Announcement
2/04/2026 at 09:45am EST: S&P Global US Services PMI / Composite PMI
2/04/2026 at 10:00am EST: ISM Services Index / Prices Paid / New Orders / Employment
Upcoming Earnings Releases for Thursday, January 29, 2026