Calculated Threat: Tuesday: Retail Gross sales, Industrial Manufacturing

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by Calculated Threat on 6/17/2024 07:00:00 PM

From Matthew Graham at Mortgage Information Each day: Mortgage Charges Again Above 7% to Begin New Week

Mortgage charges moved modestly increased to start out the brand new week. With the common prime tier 30yr fastened price slightly below 7% on Friday, this meant a transfer to only over 7% immediately. [30 year fixed 7.05%]
emphasis added

Tuesday:
• At 8:30 AM: Retail gross sales for Might is scheduled to be launched.  The consensus is for a 0.3% enhance in retail gross sales.

• At 9:15 AM: The Fed will launch Industrial Manufacturing and Capability Utilization for Might. The consensus is for a 0.2% enhance in Industrial Manufacturing, and for Capability Utilization to extend to 78.6%.

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