Monday, June 16, 2014

Weeks Economic News

This Week's Economic Releases Mon 8:30 AM Empire State Mfg Survey 9:00 AM Treasury International Capital 9:15 AM Industrial Production 10:00 AM Housing Market Index Tues 8:30 AM Consumer Price Index 8:30 AM Housing Starts Wed 7:00 AM MBA Mortgage Applications 2:00 PM FOMC Meeting Announcement 2:30 PM Chair Press Conference Thurs 8:30 AM Jobless Claims 10:00 AM Philadelphia Fed Survey

Thursday, June 12, 2014

ALERT

This morning, Retail Sales and Jobless Claims were both released. Retail sales came in worse than expected, showing a month over month increase of .3% compared to an expected .6%. Jobless claims came in higher than expected at 317K compared to the 309K expected. MBS markets have responded favorably erasing yesterday’s late afternoon loses.