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Saturday, June 03, 2017

Schedule for Week of June 4, 2017

by Calculated Risk on 6/03/2017 08:11:00 AM

This will be a light week for economic data.

On Thursday, the ECB meets and former FBI director James Comey is schedule to testify before the Senate intelligence committee.

----- Monday, June 5th -----

10:00 AM: the ISM non-Manufacturing Index for May. The consensus is for index to decrease to 57.0 from 57.5 in April.

10:00 AM ET: The Fed will release the monthly Labor Market Conditions Index (LMCI).

----- Tuesday, June 6th -----

Job Openings and Labor Turnover Survey10:00 AM: Job Openings and Labor Turnover Survey for April 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 increased in March to 5.743 million from 5.682 million in February.

The number of job openings (yellow) were down 2% year-over-year, and Quits were up 6% year-over-year.

----- Wednesday, June 7th -----

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.  The consensus is for a $17.0 billion increase in credit.

----- Thursday, June 8th -----

8:30 AM ET: The initial weekly unemployment claims report will be released. The consensus is for 241 thousand initial claims, down from 248 thousand the previous week.

10:00 AM: The Q1 Quarterly Services Report from the Census Bureau.

12:00 PM: Q1 Flow of Funds Accounts of the United States from the Federal Reserve.

----- Friday, June 9th -----

No major economic releases scheduled.