This will be a light week for economic data.
The focus will be on Job Openings and Weekly unemployment claims.
10:00 AM: the ISM non-Manufacturing Index for June. The consensus is for a reading of 50.0, up from 45.4.
10:00 AM ET: Job Openings and Labor Turnover Survey for May from the BLS.
This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.
Jobs openings decreased in April to 5.046 million from 6.011 million in March.
The number of job openings (yellow) were down 31% year-over-year, and Quits were down 49% year-over-year.
10:00 AM: Corelogic House Price index for May.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
3:00 PM: Consumer Credit from the Federal Reserve.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for a 1.400 million initial claims, down from 1.427 million the previous week.
8:30 AM: The Producer Price Index for May from the BLS. The consensus is for a 0.4% increase in PPI, and a 0.1% increase in core PPI.