Breaking Stories

Thursday: GDP, Unemployment Claims, Durable Goods, Bank Stress Tests

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for a decrease to 390 thousand from 412 thousand last week.

• Also at 8:30 AM, Durable Goods Orders for May from the Census Bureau. The consensus is for a 3.0% increase in durable goods orders.

• Also at 8:30 AM, Gross Domestic Product, 1st quarter 2020 (Third estimate). The consensus is that real GDP increased 6.4% annualized in Q1, unchanged from the second estimate of a 6.4% increase.

• At 11:00 AM, the Kansas City Fed manufacturing survey for June. This is the last of regional manufacturing surveys for June.

• At 4:30 PM, Federal Reserve releases Results from 2021 Bank Stress Tests

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