Leading Economic Indicators for week of July 12th.

Leading Economic Indicators for the week are as follows:

Tuesday, July 13th:
Trade Balance for May. Market expects $39.5 Billion.
Treasury Budget for June. Market expects $70 Billion.

Wednesday, July 14th:
Retail Sales for June. Market expects -0.2%. Last month -1.2%
Export Prices for June.
Import Prices for June ex-oil
Business Inventories for May 0.3%.
Minutes of FOMC meeting released at 2:00pm EST.

Thursday, July 15th
Initial Claims
Continuing Claims
PPI for June. Market expects -0.1%
Industrial Production for June. Market expects -0.2%
Capacity Utilization for June. Market expects 74.1%
Philadelphia Fed for July. Market expects 10

Friday, July 15th
Core CPI, CPI for June. Market expects 0.0% & -0.2%
Michigan Sentiment for July. Market expects 74.0, and prior reading was 76.5%

In overnight trading the Nikkei is up 7 points at this hour. This is not reinforcing of the drive last week so only time will tell what will happen. If you are on vacation, enjoy it and visit here less frequently. Summer comes only once per year unfortunately. :)