Week 25-2024 | Rating

Week 25-2024 | Chart

Week 25-2024 | News

10-Year Treasury Yield

U.S. Treasury bond yields rose Monday, following comments by Minneapolis Federal Reserve President Neel Kashkari indicating the central bank may not cut rates until December. The 10-year Treasur yield was trading about 7 basis points higher at 4.281%. The 2-year Treasury note yield was also up by 8 basis points to 4.765%.

Empires Estate Sales

New York Fed’s Empire State factory gauge contracts for 7th straight month in June. Headline index moves up 9.6 points, but only to negative 6 reading. The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, rose 9.6 points in June but remained in contractionary territory at a negative 6 reading, the regional Fed bank said Monday. Economists had expected only a small improvement to negative 10.5, according to a survey by the Wall Street Journal.

Retail Report

mmm

Industrial Production

mmm

MBA Purchase Applications

mmm

Jobless Claims

Jobless claims drop to 238,000 but stay near 10-month high. The numbers: The number of Americans who applied for unemployment benefits last week fell slightly, but new jobless claims stayed near a 10-month high, possibly because of the end of the school year. New claims declined to 238,000 from 243,000 in the prior week, the government said Thursday. The number of claims two weeks ago was the highest since August 2023.

Business Inventories

mmm

TIC

mmm

HMI Housing Market Index

nnnnn

Housing Starts

mmm

Building Permits

mmmm

Philadelphia

mmmm

Current Account

mmmm

Jobless Claims

mmm

Mortgage Rates

The average rate on the popular 30-year fixed loan started the month just below 7% and then rose to just over 7.5% by mid-April, before settling back slightly in May, according to Mortgage News Daily. That rate is now right around 7%. The average rate on the popular 30-year fixed mortgage has continued to pull back after reaccelerating over 7% again in April and May. It eased to 6.95% last week, data from mortgage finance agency Freddie Mac showed, as easing labor market conditions put two rate cuts from the Federal Reserve this year back on the table.

International Trade Goods

mmmm

Exisiting Home Sales

Home prices hit record high in May as sales stall. Sales of previously owned homes are sitting at a 30-year low, and didn’t move much in May as prices hit a new record and mortgage rates remain high. So-called existing home sales in May were essentially flat, down 0.7% from April to a seasonally-adjusted, annualized rate of 4.11 million units, according to the National Association of Realtors. Sales fell 2.8% from May of last year. This count of closed sales is based on contracts likely signed in March and April. The sluggish sales pace came as rates took a big leap in April. The inventory of homes for sale jumped in May, up 6.7% month-to-month and 18.5% higher than May of last year. The median price of an existing home sold in May was $419,300, a record high price in the Realtors’ recording, and up 5.8% year over year.

Leading Indictairs

mmmmm

PMI Flash

mmmm

1. The material contained on our Website and Economic Calendar must be used at your own risk. Material is believed to be reliable, but we do not guarantee its accuracy or validity, nor is Tradingvestor.com responsible for any errors or omissions which may occur. The analysis and/or recommendations made by Tradingvestor.com do not provide, imply, or otherwise constitute a guarantee of performance. All contents and recommendations are based on data and sources believed to be reliable, but accuracy and completeness cannot be guaranteed. It should not be assumed that future results will be profitable or will equal past performance, real, indicated or implied.Tradingvestor.com website and material contained therein is not a solicitation to participate in the Futures/Stocks/Options Market. This Economic Calendar does not include Earning Releases, Announced Stock Splits, Upcoming Initial Public Offerings with Underwritings or Rating Changes. Tradingvestor.com has attempted to verify the information contained in this calendar. However, any aspect of such info may change without notice. Unless indicated otherwise: economic data is from the U.S and intraday data is at least 20 minutes delayed; all prices are in the local currency; Time is U.S. Eastern Time. Furthermore, there is a very high degree of risk involved in trading.Tradingvestor.com assumes no responsibilities for your trading and investment results, please red our Risk Disclosure.
   
   
2. Tradingvestor.com does not provide investment advice, and does not represent that any of the information or related analysis is accurate or complete at any time. All information on this website are for educational purposes only and are not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Tradingvestor.com and any authorized distributors of this information harmless in any and all ways. We respect your right to privacy, please click here to view our privacy policy.
   
   
3. U.S. Government Required Disclaimer - Commodity Futures Trading Commission.
   Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
   
   
4. CFTC rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
   
   
5. Risk Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Our linking to these sites does not constitute an endorsement of any products, services or the information found on them. Once you link to another site you are subject to the policies of the new site. By using this site, you agree to the Terms of Service, Privacy Policy and Risk Disclosure. Copyright 2017 Tradingvestor, LLC. All rights reserved. If you have any questions regarding the Online Economic Calendar application, please contact us: click here.
   
   
   THIS BRIEF STATEMENT CANNOT, OF COURSE, DISCLOSE ALL THE RISKS AND OTHER ASPECTS OF THE COMMODITY MARKETS AND EQUITY MARKETS. PLEASE READ MORE AT: TERMS OF SERVICE.