Latest News

Tuesday: Retail Sales, Industrial Production, Homebuilder Survey and More


by Calculated Risk on 8/16/2021 09:00:00 PM

From Matthew Graham at Mortgage News Daily: MBS RECAP: Drifty Day, Treasuries Hold Weekly Gains, MBS Underperform

MBS underperformed, ultimately returning to ‘unchanged’ levels in the 4pm hour even as Treasuries remined slightly stronger on the day. … [30 year fixed 2.93%]
emphasis added

o At 8:30 AM ET, Retail sales for July is scheduled to be released. The consensus is for 0.2% decrease in retail sales.

o At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for July. The consensus is for a 0.5% increase in Industrial Production, and for Capacity Utilization to increase to 75.7%.

o At 10:00 AM, The August NAHB homebuilder survey. The consensus is for a reading of 80, unchanged from 80. Any number above 50 indicates that more builders view sales conditions as good than poor.

o At 12:00 PM, MBA Q2 National Delinquency Survey (expected)

o At 1:30 PM, Fed Chair Powell speaks: Conversation with the Chair: A Virtual Teacher Town Hall Meeting

August 16th COVID-19: Data reported on Monday is always low, and is revised up as data is received

Previous article

Industrial Production Increased 0.9 Percent in July

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News