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The key report scheduled for this week is the April trade balance.
—– Monday, June 5th —–
10:00 AM: the ISM Services Index for May. The consensus is for a reading of 52.5, up from 51.9.
—– Tuesday, June 6th —–
8:00 AM ET: CoreLogic House Price index for April.
—– Wednesday, June 7th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: Trade Balance report for April from the Census Bureau.
This graph shows the U.S. trade deficit, with and without petroleum.
The consensus is the trade deficit to be $75.4 billion. The U.S. trade deficit was at $64.2 Billion in March.
—– Thursday, June 8th —–
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 238 thousand initial claims, up from 232 thousand last week.
12:00 PM: Q1 Flow of Funds Accounts of the United States from the Federal Reserve.
—– Friday, June 9th —–
No major economic releases scheduled.
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