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Thursday: Unemployment Claims, Existing Home Sales

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for a decrease to 348 thousand from 360 thousand last week.

• Also at 8:30 AM, Chicago Fed National Activity Index for June. This is a composite index of other data.

• At 10:00 AM, Existing Home Sales for June from the National Association of Realtors (NAR). The consensus is for 5.90 million SAAR, up from 5.80 million last month. Housing economist Tom Lawler expects the NAR to report 5.79 million SAAR.

• At 11:00 AM, the Kansas City Fed manufacturing survey for July.

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