by Calculated Danger on 5/18/2024 08:11:00 AM
The important thing studies this week are April New and Present Residence Gross sales.
—– Monday, Might twentieth —–
10:30 AM: Speech, Fed Vice Chair Philip Jefferson, U.S. Financial Outlook and Housing Worth Dynamics, On the Mortgage Bankers Affiliation (MBA) Secondary and Capital Markets Convention, New York, N.Y.
—– Tuesday, Might twenty first —–
No main financial releases scheduled.
—– Wednesday, Might twenty second —–
7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy purposes index.
10:00 AM: Present Residence Gross sales for April from the Nationwide Affiliation of Realtors (NAR). The consensus is for 4.18 million SAAR, down from 4.19 million.
The graph reveals present residence gross sales from 1994 by way of the report final month.
Housing economist Tom Lawler expects the NAR to report gross sales of 4.23 million SAAR.
In the course of the day: The AIA’s Structure Billings Index for April (a number one indicator for industrial actual property).
2:00 PM: FOMC Minutes, Minutes Assembly of April 30-Might 1, 2024
—– Thursday, Might twenty third —–
8:30 AM: The preliminary weekly unemployment claims report can be launched. The consensus is for 220 thousand preliminary claims, down from 222 thousand final week.
8:30 AM ET: Chicago Fed Nationwide Exercise Index for April. This can be a composite index of different knowledge.
10:00 AM: New Residence Gross sales for April from the Census Bureau.
This graph reveals New Residence Gross sales since 1963. The dashed line is the gross sales fee for final month.
The consensus is for 680 thousand SAAR, down from 693 thousand SAAR in March.
11:00 AM: the Kansas Metropolis Fed manufacturing survey for Might.Â
—– Friday, Might twenty fourth —–
8:30 AM: Sturdy Items Orders for April from the Census Bureau. The consensus is for a 0.6% lower in sturdy items orders.
10:00 AM: College of Michigan’s Shopper sentiment index (Ultimate for Might). The consensus is for a studying of 67.4.
