At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 408,000 new jobless claims last week, which would would be 1,000 less than the previous week.
Also at 8:30 AM EDT, the International Trade report for July will be released. The consensus is a deficit of $51.9 billion, which would be $1.2 billion less than the previous month.
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 Quarterly Services Survey will be released, showing the status of the information and technology-related service industries.
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 11:00 AM EDT, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.
At 1:00 PM EDT, Federal Reserve Chairman Ben Bernanke will speak at the Minnesota Economic Club in Minneapolis.
At 3:00 PM EDT, the Consumer Credit report for July will be released. The consensus estimate is that there will be an increase of $6.0 billion in the consumer credit available from June to July, after an increase of $15.5 billion last month.
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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