Archive for the ‘Indexes’ tag
Thursday’s Events: UI Claims, Philly Fed Mfg
At 10 a.m. EDT, the Philadelphia Fed will release its
manufacturing index for June. Economists expect the
headline index to rise to a reading of -10.0 compared to May’s score of -
15.6. Markets will also be paying attention to the prices paid, new
orders and employment indexes, which scored 53.8, -3.7 and -1.0
respectively in May.
Home Prices Slide in February
The S&P Case-Shiller home price index continued its
sharp decline in February as both the 10-city and 20-city composite
indexes posted record annual declines in excess of 12.5%.
The weakest markets over the past year have been Las
Vegas and Miami, which have fallen by 22.8% and 21.7%, respectively.
Jacqui Douglas, economic strategist at TD Securities,
said, “Charlotte, NC continues to be the only Composite-
20 city posting year-over-year gains, although only barely at…
Tuesday’s Events: U.S. PPI, Empire Fed Mfg, NAHB Housing Market Index
The United States will hold most of the economic spotlight on Tuesday
morning with the release of March’s producer price index along with the
Empire Fed’s manufacturing and the NAHB’s housing price indexes, both for
April. Markets will also hear some comments from the U.S. Treasury while
the Bank of Canada is scheduled to conducts some bond operations.