At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 425,000 new jobless claims last week, which would would be 9,000 less than the number released last week.
At 9:45 AM EDT, the weekly Bloomberg Consumer Comfort Index will be released, providing an update on Americans’ views of the U.S. economy, their personal finances and the buying climate.
At 10:00 AM EDT, the Existing Home Sales report for April will be released. The consensus is that existing homes were sold at an annual rate of 5.2 million last month, which would be an increase of 100,000 from last month.
Also at 10:00 AM EDT, the Leading Indicators report for April will be released. The consensus is that this index was unchanged last month.
Also at 10:00 AM EDT, the Philadelphia Fed Survey report for May will be released. The consensus is that the index will be at 23, which would be an increase of 5.5 points from the previous month.
At 10:30 AM EDT, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States.
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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