At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 455,000 new jobless claims last week, which would would be an slight increase in claims from last week’s number, which was the lowest level since July. However, some economists believe that the decline in jobless claims was caused by the holiday last week.
Also at 8:30 AM EDT, the Producer Price Index for August will be released. The consensus is that the index increased 0.3% over last month, and increased 0.1% when food and energy are excluded.
Also at 8:30 AM EDT, the Current Account for the second quarter of 2010 will be released, which will provide information about the international trade balance with the United States.
At 9:00 AM EDT, the Treasury International Capital report for June will be released, showing the flow of capital in and out of the United States economy.
At 10:00 AM EDT, the Philadelphia Fed Survey report for September will be released. The consensus is that the index will be at 3.8, which would be an increase of 11.5 points from last month’s number of -7.7, which indicated economic contraction.
Also at 10:00 AM EDT, Treasury Secretary Tim Geithner will testify on the foreign exchange report before the Senate Banking Committee.
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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