Critical economic data releases for the week of June 2, 2014!

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US Economic Calendar for the Week of June 2, 2014

For anyone who’s concerned with the future direction of mortgage rates while at the same time trying to determine what the condition of the US economy actually is, the data scheduled for release during the upcoming week will most certainly provide evidence along with strong anecdotal clues.

As one example, on Friday, June 6, the Employment Report for May is scheduled to be released with the following expected:

8:30 am Nonfarm payrolls May 200,000 est. 288,000 prior month
8:30 am Unemployment rate May 6.4% est. 6.3% prior month

In conjunction with this data, any comments from Federal Reserve members will be parsed by market participants for possible clues about future monetary easing or tightening intentions.

Finally, the markets will be watching global hotspots in places like Ukraine as well as for any hints at potential fiscal policy adjustments that might come from the EU, China or elsewhere.

All in all the table has been set for what might be significant action in both the bond and stock markets.

Courtesy of Econoday this is the chart of the US economic data to be released during the week of June 2, 2014 along with scheduled speeches by members of the Federal Reserve. 

The chart below also includes the upcoming treasury auction calendar!

Monday Jun 2

Charles Evans Speaks
4:00 AM ET

ISM Mfg Index
[Report][Star]
10:00 AM ET
Gallup US ECI
[Bullet
8:30 AM ET
Redbook
[Bullet
8:55 AM ET
Factory Orders
[Report][djStar]
10:00 AM ET

Esther George Speaks
1:50 PM ET

ISM Non-Mfg Index
[Report][djStar]
10:00 AM ET
Beige Book
[djStar]
2:00 PM ET
Weekly Bill Settlement

Jobless Claims
[Report][Star]
8:30 AM ET

Narayana Kocherlakota Speaks
1:30 PM ET

Treasury STRIPS
3:00 PM ET
Money Supply
[Bullet
4:30 PM ET
Consumer Credit
[Report][Bullet
3:00 PM ET
Equity Settlement
6-5-14
Equity Settlement
6-6-14
Equity Settlement
6-9-14
Equity Settlement
6-10-14
Equity Settlement
6-11-14

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