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Thursday: Unemployment Claims, Trade Deficit

• At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for a 3.000 million initial claims, down from 3.283 million the previous week.

• At 8:30 AM, Trade Balance report for January from the Census Bureau. The consensus is the trade deficit to be $40.0 billion.  The U.S. trade deficit was at $45.3 billion in January.

• Early, BEA Light vehicle sales for March. The consensus is for light vehicle sales to be 11.9 million SAAR in March, down from 16.8 million in February (Seasonally Adjusted Annual Rate).

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