by Calculated Risk on 7/14/2021 09:01:00 PM

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for a decrease to 350 thousand from 373 thousand last week.

• Also at 8:30 AM, The New York Fed Empire State manufacturing survey for July. The consensus is for a reading of 18.7, up from 17.4.

• Also at 8:30 AM, the Philly Fed manufacturing survey for July. The consensus is for a reading of 28.0, down from 30.7.

• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for June. The consensus is for a 0.7% increase in Industrial Production, and for Capacity Utilization to increase to 75.6%.

• At 9:30 AM, Testimony, Fed Chair Jerome Powell, Semiannual Monetary Policy Report to the Congress, Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate