Last week was fairly quiet on the economic data front. This week is set to be busier with 22 US reports including an anticipated rate hike by the FOMC on Wednesday.
Some releases worth mentioning are Consumer Confidence on Tuesday; followed by Michigan Confidence on Friday. Additionally, Thursday will be a busy day of economic data with the third release of Q2 GDP alongside Personal Consumption, Core PCE, Durable Goods, and Pending Home Sales.
On Thursday we will also see if jobless claims continue to impress. Finally, after last week’s mixed manufacturing reports from the NY Fed and Philly Fed, Friday’s Chicago PMI release can hopefully provide some clarity to the overall manufacturing outlook of the US.
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