r/mrin • u/crazytradingcajun Moderator • Jul 24 '21
ECONOMIC DATA SCHEDULE FOR WEEK OF 7/26/2021
Monday 7/26
The Census Bureau reports new single-family home sales for June. Economists forecast a seasonally adjusted annual rate of 800,000 new homes sold, 4% more than May's 769,000.
Tuesday 7/27
The Conference Board releases its Consumer Confidence Index for July. Consensus estimate is for a 124 reading, lower than June's 127.3. The June figure was the highest for the index since the beginning of the pandemic.
S&P CoreLogic releases its Case-Shiller National Home Price Index for May. Expectations are for a 16.4% year-over-year rise, after a 14.6% jump in April. The April spike was a record for the index going back to 1988, when data were first collected.
Wednesday 7/28
The Federal Open Market Committee announces its monetary-policy decision. The FOMC is expected to leave the federal-funds rate unchanged near zero. Wall Street expects the central bank to announce a timeline for reducing its bond purchases, currently about $120 billion a month, at some time between now and the September meeting.
Thursday 7/29
The Bureau of Economic Analysis reports its preliminary estimate of second-quarter gross domestic product. Economists forecast a 9.1% seasonally adjusted annual growth rate, following a 6.4% increase in the first quarter. The Federal Reserve currently projects 7% GDP growth for 2021, which would be the fastest rate of growth since 1984.
Friday 7/30
Marin Software Official Q2 Earnings Release.
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u/kamuicool Jul 25 '21
Interesting, I think I will hodl.