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Economic Events on July 19, 2012
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12:02 pm
July 20, 2012

B.P.T.

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At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 365,000 new jobless claims last week, which would would be 15,000 more than the previous week.

At 9:45 AM Eastern time, 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 Eastern time, the Philadelphia Fed Survey report for July will be released.  The consensus is that the index will be at -8, which would be an increase of 8.6 points from the previous month.

Also at 10:00 AM Eastern time, the Leading Indicators for June will be released, and the consensus is that there was a decrease of 0.1% from the previous month.

Also at 10:00 AM Eastern time, the Existing Home Sales report for June will be released.  The consensus is that existing homes were sold at an annual rate of 4.65 million last month, which would be an increase of 10,000 from the previous month.

At 10:30 AM Eastern time, 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 Eastern time, 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 Eastern time, 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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