At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 440,000 new jobless claims last week, which would be slightly less than the number reported last week, and would continue the trend of slightly improving employment statistics.
At 10:00 AM EDT, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States.
Also at 10:00 AM EDT, the Leading Indicators report for April will be released. The consensus is that this index increased by 0.1% last month, which would continue the positive tend in 2010, but is a smaller increase than the one reported last month.
Also at 10:00 AM EDT, the Philadelphia Fed Survey report will be released. The consensus is that there will be a gain of 1.3 points from last month, with the index continuing to move further into positive territory, signaling a higher rate of economic growth.
At 4:30 PM EDT, the Federal Reserve will release its Money Supply report, showing the amount of liquidity available in the U.S. economy.
Also at 4:30 PM EDT, the Federal Reserve will release its Balance Sheet report, showing the amount of liquidity the Fed has injected into the economy by adding or removing reserves.
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