Financial and Commodity Previews and Analysis

Key news today includes: (1) Mar housing starts (expected +2.4% to 1.266 million, Feb -7.0% m/m to 1.236 million), (2) Mar industrial production (expected +0.4% m/m, Feb +0.9% m/m), (3) San Francisco Fed President John Williams (voter) speaks at a NABE conference in Madrid, Spain, (4) Fed Governor Randal Quarles testifies before the House Financial Services Committee on the conduct of supervision and regulation of depository institution holding companies and other financial firms supervised by the Fed, (5) Philadelphia Fed President Patrick Harker (non-voter) speaks on “The Economics of Equitable Education: How Today’s Loans, Access and Training Affect Tomorrow’s Economy” at an event in Philadelphia, (6) Chicago Fed President Charles Evans (non-voter) discusses current economic conditions and monetary policy at the Chicago Rotary Club, (7) Atlanta Fed President Raphael Bostic (voter) speaks on the economy at a seminar in Atlanta.