Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 266 thousand initial claims, up from 261 thousand last week.
• Also at 8:30 AM, Retail sales for May is scheduled to be released. The consensus is for a no change in retail sales.
• Also at 8:30 AM, The New York Fed Empire State manufacturing survey for June. The consensus is for a reading of -15.6, up from -31.8.
• Also at 8:30 AM, the Philly Fed manufacturing survey for June. The consensus is for a reading of -12.3, down from -10.4.
• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for May. The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to be unchanged at 79.7%.