New home sales, Fed reports on tap
Evan McDaniel | evan.mcdaniel@optionmonster.com
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Today's economic calendar is relatively light, featuring new home sales and two regional Fed reports.
The Chicago Fed National Activity Index is scheduled for 8:30 a.m. ET. There is no forecast for this report, which last showed a reading of 0.11.
New home sales for June will be released at 10 a.m. ET. The consensus forecast calls for a print of 350,000, up from the previous reading of 343,000. Estimates range from 320,000 to 362,000.
The Dallas Fed Manufacturing Survey for June is scheduled for 10:30 a.m. ET. Most analysts expect a reading of zero, which would be up from the last print of -5.1. The range of estimates is from -11.5 to 2.0.
A four-week Treasury bill auction will be announced at 11 a.m. ET, followed by three- and six-month note auctions at 11:30 a.m. ET.
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