A quick heads up to what's coming from the US today on the data agenda.
At 8:30 AM ET
Q2 GDP (second estimate)
- expected consensus +6.7% annualized
- the advance estimate was 6.5%
PCE (personal consumption expenditures) prices, Q2 prelim
- prior 6.4% q/q
Core PCE (personal consumption expenditures) prices, Q2 prelim
- expected 6.1% q/q , prior 6.1%
Initial weekly unemployment claims report
- expected +350K, prior week +348K
- continuing claims expected 2.79m, prior 2.82m
At 11:00 AM
Kansas City Fed manufacturing survey for August
- prior 41
