Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• At 8:30 AM, The New York Fed Empire State manufacturing survey for July. The consensus is for a reading of 7.9, up from -0.2.
• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for June. The consensus is for a 4.6% increase in Industrial Production, and for Capacity Utilization to increase to 68.1%.
• At 2:00 PM, the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.