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 240 thousand initial claims, up from 238 thousand last week.
• Also at 8:30 AM, Gross Domestic Product, 1st quarter 2024 (Third estimate). The consensus is that real GDP increased 1.3% annualized in Q1, unchanged from the second estimate of a 1.3% increase.
• Also at 8:30 AM, Durable Goods Orders for May from the Census Bureau. The consensus is for a 0.3% increase in durable goods orders.
• At 10:00 AM, Pending Home Sales Index for May. The consensus is for a 0.3% decrease in the index.
• At 11:00 AM, the Kansas City Fed manufacturing survey for June.