Schedule for Week of June 16, 2024

by Calculated Threat on 6/15/2024 08:11:00 AM

The important thing stories this week are Might Retail Gross sales, Housing Begins and Present Residence Gross sales.

For manufacturing, Industrial Manufacturing, and the NY and Philly Fed manufacturing surveys, will likely be launched this week.

—– Monday, June seventeenth —–

8:30 AM: The New York Fed Empire State manufacturing survey for June. The consensus is for a studying of -13.0, up from -15.6.
—– Tuesday, June 18th —–

8:30 AM: Retail gross sales for Might is scheduled to be launched.  The consensus is for a 0.3% improve in retail gross sales.

This graph exhibits retail gross sales since 1992. That is month-to-month retail gross sales and meals service, seasonally adjusted (complete and ex-gasoline). 

9:15 AM: The Fed will launch Industrial Manufacturing and Capability Utilization for Might.

This graph exhibits industrial manufacturing since 1967.

The consensus is for a 0.2% improve in Industrial Manufacturing, and for Capability Utilization to extend to 78.6%.

—– Wednesday, June nineteenth —–

All US markets will likely be closed in observance of Juneteenth Nationwide Independence Day

7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy purposes index.

10:00 AM: The June NAHB homebuilder survey. The consensus is for a studying of 46, up from 45 final month. Any quantity above 50 signifies that extra builders view gross sales circumstances as poor than good.

—– Thursday, June twentieth —–

8:30 AM ET: Housing Begins for Might.

This graph exhibits single and complete housing begins since 1968.

The consensus is for 1.380 million SAAR, up from 1.360 million SAAR in April.

8:30 AM: The preliminary weekly unemployment claims report will likely be launched.  The consensus is for 240 thousand preliminary claims, down from 242 thousand final week.

8:30 AM: the Philly Fed manufacturing survey for June. The consensus is for a studying of 4.5, unchanged from 4.5 final month.

—– Friday, June twenty first —–

10:00 AM: Present Residence Gross sales for Might from the Nationwide Affiliation of Realtors (NAR). The consensus is for 4.10 million SAAR, down from 4.14 million.

The graph exhibits current dwelling gross sales from 1994 by means of the report final month.