RSS Feed by Calculated Risk on 7/03/2015 08:11:00 AM
Friday, July 03, 2015
Schedule for Week of July 5, 2015
It feels like a Saturday ...
The key report this coming week is the May Trade Deficit on Tuesday, and the June ISM non-manufacturing index on Monday.
Fed Chair Janet Yellen speaks on Friday on the U.S. Economic Outlook.
10:00 AM ET: The Fed will release the monthly Labor Market Conditions Index (LMCI).
10:00 AM: the ISM non-Manufacturing Index for June. The consensus is for index to increase to 56.0 from 55.7 in May.
8:30 AM: Trade Balance report for May from the Census Bureau. This graph shows the U.S. trade deficit, with and without petroleum, through April. The blue line is the total deficit, and the black line is the petroleum deficit, and the red line is the trade deficit ex-petroleum products.
The consensus is for the U.S. trade deficit to be at $42.0 billion in May from $40.9 billion in April.
10:00 AM: Job Openings and Labor Turnover Survey for May from the BLS. This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.
Jobs openings increased in April to 5.376 million from 5.109 million in March.
The number of job openings (yellow) were up 22% year-over-year compared to April 2014, and Quits were up 11% year-over-year.
3:00 PM: Consumer Credit for May from the Federal Reserve. The consensus is for an increase of $18.5 billion in credit.
7:00 AM: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
2:00 PM: The Fed will release the FOMC Minutes for the Meeting of June 16-17, 2015
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to decrease to 275 thousand from 281 thousand.
12:30 PM, Speech by Fed Chair Janet Yellen, U.S. Economic Outlook, at The City Club of Cleveland's Sally Gries Forum Honoring Women of Achievement, Cleveland, Ohio
