EVENTS & FINANCIAL NEWS 30-05-2014

Market Comment

US indices rose on Thursday helped by shares in the Materials, Technology Hardware & Equipment and Food, Beverage & Tobacco sectors. The S&P 500 (1920.03) remains above its 20d moving average (1888.1 - positive slope) and its 50d moving average (1873.3 - positive slope).

European markets are expected to start on a flat note.

Foreign Exchange

US Dollar was mixed against most of its major counterparts on Thursday. On the US economic data front, GDP fell at a 1% (-0.5% expected) annualized rate in 1Q. Initial jobless claims fell to 300K (318K expected and 327K prior) in the week ended May 24th. Finally, pending home sales rose 0.4% MoM (+1.0% expected) in April but dropped 9.4% YoY (-8.7% expected).

The Australian Dollar jumped against its major counterparts.

Commodities

After the close of Wall Street, WTI Crude Future (JUL 14) was up $0.8 to $103.53. The contract was above its 20D MA (@ $101) and above its 50D MA (@ $100.35). The US Department of Energy reported that, for the week ended 23 May, crude oil inventories increased 1657k barrels compared to the previous week.

Gold was down $2.9 to $1255.2. The precious metal was below its 20D MA (@ $1290) and below its 50D MA (@ $1296).

Copper Future (JUL 14) on Comex was down 2.8c to 314.6c/lb. The contract was above its 20D MA (@ 307.41c) and above its 50D MA (@ 303.17c). In Europe, the London Metal Exchange reported its copper inventories increased 2675 tons to 172500 tons.

UK Market News

The UK Consumer Confidence Index rose to a 9-year high of 0 in May (vs -2 expected) from -3 in April, according to market research firm GfK.

European Markets

Siemens will remove 11,600 posts, reported Bloomberg citing the Co's CEO.

Today's Economic Events

GE 07:00: APR Retail Sales (MoM): 0.2%
US 13:30: APR Personal Income: 0.3%
US 13:30: APR Personal Spending: 0.2%
US 14:45: MAY Chicago Purchasing Manager Index: 61
US 14:55: MAY U. of Michigan Confidence: 82.5

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EVENTS & FINANCIAL NEWS 29-05-2014

Market Comment

US indices dropped on Wednesday pressured by shares in the Software & Services, Real Estate and Insurance sectors. The S&P 500 (1909.78) remains above its 20d moving average (1886.3 - positive slope) and its 50d moving average (1872.3 - positive slope).

European markets are expected to start on a negative note.

Foreign Exchange

US Dollar was firm against most of its major counterparts on Wednesday. On the US economic data front, MBA Mortgage applications for the week ended May 23rd fell 1.2%.

The Euro was mixed against its major counterparts. In Europe, euro-zone M3 money supply was up 0.8% YoY in April after a 1% advance in March. Economists anticipated a 1.1% increase. Euro-zone consumer confidence was -7.1 in May in final estimation, as in first reading. It was -8.6 the month before. In Germany, unemployment was up by 24K in May after a 25K decrease in April. Economists anticipated a 15K drop. Unemployment rate was 6.7%, flat MoM.

The Australian Dollar was under pressure against its major counterparts.

Commodities

After the close of Wall Street, WTI Crude Future (JUL 14) was down $1.3 to $102.86. The contract was above its 20D MA (@ $101) and above its 50D MA (@ $100.35).

Gold was down $6.1 to $1258.8. The precious metal was below its 20D MA (@ $1292) and below its 50D MA (@ $1297).

Copper Future (JUL 14) on Comex was about flat to 316.8c/lb. The contract was above its 20D MA (@ 307.41c) and above its 50D MA (@ 303.17c). In Europe, the London Metal Exchange reported its copper inventories decreased 6725 tons to 169825 tons.

UK Market News

UK car production rose 21.0% MoM to 133,437 vehicles in April, the biggest monthly increase since July 2012, according to the Society of Motor Manufacturers and Traders. January-April car production was up 6.9% YoY to 538,240 vehicles.

European Markets

ECB: ECB Public Holiday - Ascension Day

Austrian's market is closed on Thursday for Ascension.

Deutsche Bank could face fines and civil lawsuits concerning alleged forex manipulation of emerging-market currencies, including Russian rouble and the Argentine peso, reported Reuters citing sources familiar with the situation.

Today's Economic Events

US 13:30: 1Q GDP (QoQ): -0.5%
US 13:30: 1Q GDP Price (QoQ): 1.3%
US 13:30: 1Q Personal Consumption: 3.1%
US 13:30: W20 Initial Jobless Claims (Thsd): 317
US 16:00: W20 Crude Oil Inventories (WoW chg): NA

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EVENTS & FINANCIAL NEWS 28-05-2014

Market Comment

US indices jumped on Tuesday helped by shares in the Semiconductors & Semiconductor Equipment, Technology Hardware & Equipment and Banks sectors. The S&P 500 (1911.91) remains above its 20d moving average (1884.7 - positive slope) and its 50d moving average (1871.3 - positive slope).

European markets are expected to start on a positive note.

Foreign Exchange

US Dollar was firm against most of its major counterparts on Tuesday. On the US economic data front, durables good orders rose 0.8% MoM (-0.7% expected) in April after an upwardly revised 3.6% gain the previous month. FHFA House Price index increased 0.7% MoM (+0.5% expected) in March while the Conference Board consumer confidence index jumped to 83.0 as expected in May from 81.7 the previous month. Finally, Richmond Fed manufacturing index was unchanged at 7 (8 expected) in May while Dallas Fed manufacturing activity dropped to 8.0 (9.5 expected) from 11.7 the prior month.

The Euro was mixed against its major counterparts. In Europe, French consumer confidence index was flat at 85 in May, as expected.

Commodities

After the close of Wall Street, WTI Crude Future (JUL 14) was about flat to $104.13. The contract was above its 20D MA (@ $101) and above its 50D MA (@ $100.35).

Gold was down $27.4 to $1265.4. The precious metal was below its 20D MA (@ $1294) and below its 50D MA (@ $1299).

Copper Future (JUL 14) on Comex was about flat to 317.15c/lb. The contract was above its 20D MA (@ 307.41c) and above its 50D MA (@ 303.17c). In Europe, the London Metal Exchange reported its copper inventories increased 700 tons to 176550 tons.

European Markets

ECB: Publication of the Monetary developments in the euro area and the National balance sheet of euro area monetary financial institutions, excluding the Eurosystem (10am CET)

Today's Economic Events

GE 07:00: APR Import Prices (MoM): 0%
FR 07:45: APR Producer Price Index (MoM): NA
GE 08:55: MAY Unemployment Change (Thsd): -15
EC 09:00: APR Euro-zone: M3 (3 mth ave.): 1.2%
EC 10:00: MAY Euro-zone: Industrial Confidence: -4
EC 10:00: MAY Business Climate Indicator: 0.3
GE 08:55: MAY Unemployment Rate: 6.7%
EC 10:00: MAY Euro-Zone: Economic Confidence: 102.2
EC 10:00: MAY Euro-Zone: Consumer Confidence: -7.1

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EVENTS & FINANCIAL NEWS 27-05-2014

Market Comment

US indices gained on Friday led by shares in the Consumer Durables & Apparel, Technology Hardware & Equipment and Automobiles & Components sectors. The S&P 500 (1900.53) remains above its 20d moving average (1882.6 - positive slope) and its 50d moving average (1869.9 - positive slope). Market was closed on Monday for Memorial Day.

European markets are expected to start on a flat note.

Foreign Exchange

US Dollar was mixed against most of its major counterparts on Monday. On the US economic data front, no major news was released.

The Euro was mixed against its major counterparts. In Europe, German GfK advanced consumer confidence indicator was flat at 8.5 for June, as expected.

The Australian Dollar was flat against its major counterparts.

Commodities

After the close of Wall Street, WTI Crude Future (JUL 14) was about flat to $104.18. The contract was above its 20D MA (@ $101) and above its 50D MA (@ $100.35).

Gold was about flat to $1292.8. The precious metal was below its 20D MA (@ $1295) and below its 50D MA (@ $1301).

Copper Future (JUL 14) on Comex was up 2c to 318.7c/lb. The contract was above its 20D MA (@ 307.41c) and above its 50D MA (@ 303.17c). In Europe, the London Metal Exchange reported its copper inventories decreased 1500 tons to 174350 tons.

UK Market News

AstraZeneca: Pfizer has given up its pursuit of the Co, saying: "We continue to believe that our final proposal was compelling and represented full value for AstraZeneca." Meanwhile the Co said: "We welcome the opportunity to continue building on the momentum we have already demonstrated as an independent company. We are fully focused on the delivery of our strategy. We have attractive growth prospects and a rapidly progressing pipeline. In the coming months, we anticipate positive news flow across our core therapeutic areas." The stock was downgraded to "sell" from "hold" at Societe Generale.

European Markets

ECB: Publication of the Consolidated Financial Statement of the Eurosystem (3pm CET); Closing remarks by the President at ECB Forum on Central Banking "Monetary Policy in a changing financial landscape" organised by the European Central Bank in Sintra, Portugal. (4pm CET)

Today's Economic Events

GE : APR Retail Sales (MoM): NA
US 13:30: APR Durable Goods Orders: -0.2%
US 13:30: APR Durable Goods Ex Transportation: 0.1%
US 15:00: MAY Consumer Confidence: 83

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EVENTS & FINANCIAL NEWS 23-05-2014

Market Comment

US indices gained on Thursday helped by shares in the Utilities, Pharmaceuticals, Biotechnology & Life Sciences and Consumer Durables & Apparel sectors. The S&P 500 (1892.49) remains above its 20d moving average (1880.7 - flat slope) and its 50d moving average (1868.8 - flat slope).

European markets are expected to start on a positive note.

Foreign Exchange

US Dollar was firm against most of its major counterparts on Thursday. On the US economic data front, initial jobless claims rose to 326K (310K expected and 298K prior) in the week ended May 17th. Existing homes sales increased 1.3% MoM (+2.2% expected) in April while Conference Board leading index rose 0.4% MoM as expected. Finally, Chicago Fed national activity index dropped to -0.32 (0.00 expected) in April from 0.34 the previous month and Markit US manufacturing PMI index rose to 56.2 (55.5 expected) in May.

The Euro was mixed against its major counterparts. In Europe, euro zone PMI manufacturing index fell to 52.5 in May in preliminary estimation vs 53.4 in April. Economists anticipated to be 53.2. Euro zone PMI services index was up to 53.5 vs 53.1 the month before and 53 expected by the consensus. German PMI manufacturing was down to 52.5 in May vs 53.4 in April and 53.2 expected. German PMI services was 53.5 in May vs 53.1 in April and 53 anticipated.

Commodities

After the close of Wall Street, WTI Crude Future (JUL 14) was about flat to $103.82. The contract was above its 20D MA (@ $101) and above its 50D MA (@ $100.35).

Gold was up $2.8 to $1294.8. The precious metal was below its 20D MA (@ $1296) and below its 50D MA (@ $1304).

Copper Future (JUL 14) on Comex was up 1.7c to 314c/lb. The contract was above its 20D MA (@ 307.41c) and above its 50D MA (@ 303.17c). In Europe, the London Metal Exchange reported its copper inventories decreased 1750 tons to 177350 tons.

UK Market News

UK: The Knight Frank/Markit House Price Sentiment Index rose to another record high of 63.2 in May from 62.7 in April. The report pointed out: "Households in all regions perceive that the value of their home rose over the last month. Expectations for future price growth also hit a record high in May, indicating that prices are expected to rise at the strongest rate since the index began in early 2009. In London and the South East expectations for house price growth moderated from recent peaks. Some 6.5% of UK households plan to buy a property in the next year."

European Markets

ECB: Speech by Mr. Coeuré at closing session "Currency Wars and the Future of the International Monetary System" at The Maurice Allais Workshops on "International Monetary Policy: Trends and Inflection Points" organised by Fondation Maurice Allais in Paris France (5:15pm CET)

Today's Economic Events

GE 09:00: MAY IFO - Business Climate: 110.9
GE 09:00: MAY IFO - Current Assessment: 115.4
GE 09:00: MAY IFO - Expectations: 106.5
US 15:00: APR New Home Sales (Thsd): 425

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EVENTS & FINANCIAL NEWS 22-05-2014

Market Comment

US indices rebounded on Wednesday led by shares in the Media, Automobiles & Components and Retailing sectors. Fed saw no inflation risk in fueling job growth according to FOMC minutes. The S&P 500 (1888.03) broke above its 20d moving average (1880 - flat slope) and remains above its 50d moving average (1868 - flat slope).

European markets are expected to start on a positive note.

Foreign Exchange

US Dollar was firm against most of its major counterparts on Wednesday. On the US economic data front, MBA Mortgage Applications for the week ended May 16th rose 0.9%. Fed saw no inflation risk in fueling job growth according to FOMC minutes.

The Euro was under pressure against its major counterparts. In Europe, euro-zone consumer confidence index bounced to -7.1 in May in preliminary estimation vs -8.6 in April and -8.3 the month before. In UK, retail sales were up by 1.3% in April after a 0.5% increase the month before (revised from +0.1%). Economists anticipated a 0.4% gain.

Commodities

After the close of Wall Street, WTI Crude Future (JUL 14) was up $1.5 to $103.79. The contract was above its 20D MA (@ $101) and above its 50D MA (@ $100.35). The US Department of Energy reported that, for the week ended 16 May, crude oil inventories fell 7226k barrels compared to the previous week.

Gold was down $2.9 to $1291.4. The precious metal was below its 20D MA (@ $1296) and below its 50D MA (@ $1305).

Copper Future (JUL 14) on Comex was down 1.9c to 312.55c/lb. The contract was above its 20D MA (@ 307.41c) and above its 50D MA (@ 303.17c). In Europe, the London Metal Exchange reported its copper inventories decreased 1725 tons to 179100 tons.

European Markets

ECB: Publication of the Euro area financial vehicle corporations statistics (10am CET)

Conference: 2nd Annual Operational Excellence in Insurance

The ECB will propose a negative deposit rate and cut its main refinancing rate to a record low of 0.15% from the current 0.25% at its June 5 meeting, reported German newspaper Der Spiegel citing leaked documents.

Today's Economic Events

FR 07:45: MAY Business Confidence Indicator: 100
UK 09:30: 1Q GDP (QoQ): 0.8%
FR 07:45: MAY Production Outlook Indicator: NA
UK 09:30: APR Public Sector Net Borrowing (Bln): 3.35
UK 09:30: APR Public Finances (PSNCR) (Bln): NA
US 13:30: W19 Initial Jobless Claims (Thsd): 310
US 15:00: APR Existing Home Sales (Mln): 4.69
US 15:00: APR Leading Indicators: 0.4%

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EVENTS & FINANCIAL NEWS 21-05-2014

Market Comment

US indices dropped on Tuesday pressured by shares in the Telecommunication Services, Capital Goods and Automobiles & Components sectors. The S&P 500 (1872.93) broke below its 20d moving average (1879.4 - flat slope) and remains above its 50d moving average (1868 - flat slope). Watch today's FOMC Minutes.

European markets are expected to start on a flat note.

Foreign Exchange

US Dollar was mixed against most of its major counterparts on Tuesday. On the US economic data front, no major data was released.

The Euro was under pressure against its major counterparts. In Europe, German PPI index fell by 0.1% in April after a 0.3% decline the month before. Economists anticipated it to be flat.

Commodities

After the close of Wall Street, WTI Crude Future (JUN 14) was about flat to $102.44. The contract was above its 20D MA (@ $101) and above its 50D MA (@ $100.35).

Gold was about flat to $1294.6. The precious metal was below its 20D MA (@ $1295) and below its 50D MA (@ $1307).

Copper Future (JUL 14) on Comex was down 2.2c to 314.5c/lb. The contract was above its 20D MA (@ 307.41c) and above its 50D MA (@ 303.17c). In Europe, the London Metal Exchange reported its copper inventories decreased 2225 tons to 180825 tons.

European Markets

ECB: Governing Council meeting of the ECB in Frankfurt at 9am CET; Publication of the Euro area monthly balance of payments at 10am CET

Conference: Biosimilars

Today's Economic Events

EC 09:00: MAR Euro-Zone: Current Account (Bln) (MoM): NA
UK 09:30: APR Retail Sales (MoM): 0.5%
EC 15:00: APR Euro-Zone: Consumer Confidence: -8.3
US 15:30: W19 Crude Oil Inventories (WoW chg): 0

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EVENTS & FINANCIAL NEWS 20-05-2014

Market Comment

US indices rose on Monday led by shares in the Automobiles & Components, Semiconductors & Semiconductor Equipment and Banks sectors. The S&P 500 (1885.08) broke above its 20d moving average (1879.7 - positive slope) and remains above its 50d moving average (1868 - flat slope).

European markets are expected to start on a positive note.

Foreign Exchange

US Dollar fell against most of its major counterparts on Monday. On the US economic data front, no major data was released.

The Euro was firm against its major counterparts. Euro zone construction output fell by 0.6% in March after a 0.4% increase in February (revised from +0.1%).

Commodities

After the close of Wall Street, WTI Crude Future (JUN 14) was up $0.6 to $102.62. The contract was above its 20D MA (@ $101) and above its 50D MA (@ $100.35).

Gold was about flat to $1293.2. The precious metal was below its 20D MA (@ $1295) and below its 50D MA (@ $1308).

Copper Future (JUL 14) on Comex was up 1.6c to 316.25c/lb. The contract was above its 20D MA (@ 307.41c) and above its 50D MA (@ 303.17c). In Europe, the London Metal Exchange reported its copper inventories decreased 4550 tons to 181975 tons.

European Markets

ECB: Publication of the Consolidated Financial Statement of the Eurosystem (3pm CET)

Conference: GCP and Quality in Clinical Trials; 3rd International Conference Offshore Cabling 2014

Today's Economic Events

GE 07:00: APR Producer Price Index (MoM): NA
UK 09:30: APR PPI - Input (MoM): NA
UK 09:30: APR PPI - Output (MoM): NA
UK 09:30: APR CPI - EU Harmonised (MoM): NA

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EVENTS & FINANCIAL NEWS 19-05-2014

Market Comment

US indices edged up last Friday helped by shares in the Telecommunication Services, Retailing and Food, Beverage & Tobacco sectors. The S&P 500 (1877.86) remains below its 20d moving average (1879.1 - positive slope) but above its 50d moving average (1867.9 - flat slope).

European markets are expected t open on a negative note.

Foreign Exchange

US Dollar was mixed against most of its major counterparts on Friday. On the US economic data front, housing starts jumped 13.2% MoM (+3.6% expected) in April while building permits rose 8.0% MoM (+1.3% expected). The Thomson Reuters/University of Michigan preliminary sentiment index fell to 81.8 (84.5 expected) in May from 84.1 the previous month.

The Euro slid against its major counterparts. In Europe, EU 27 new car registrations were up by 4.6% in April after a 10.6% jump in March. Euro zone trade balance was an excess of E17.1B in March after an excess of E14.2B in February.

The Australian Dollar recovered slightly against its major counterparts.

Commodities

After the close of Wall Street, WTI Crude Future (JUN 14) was up $0.6 to $102.1. The contract was above its 20D MA (@ $101) and above its 50D MA (@ $100.35).

Gold was down $2.9 to $1293.2. The precious metal was below its 20D MA (@ $1295) and below its 50D MA (@ $1309).

Copper Future (JUL 14) on Comex was about flat to 314.6c/lb. The contract was above its 20D MA (@ 307.41c) and above its 50D MA (@ 303.17c). In Europe, the London Metal Exchange reported its copper inventories decreased 4550 tons to 186525 tons.

UK Market News

UK: The average asking price for homes rose to a record high of £272,003 in May, up 3.6% MoM vs +2.6% in April (+8.9% YoY vs +7.3% in April), the biggest jump since April 2002, reported online estate agency Rightmove.

European Markets

ECB: Speech by Mr. Mersch at Bargeldsymposium organised by Deutsche Bundesbank in Frankfurt, Germany

Conference: 5th Annual Discovery Partnerships 2014; 7. Jahresforum Effiziente Fonds Services

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EVENTS & FINANCIAL NEWS 16-05-2014

Market Comment

US indices dropped on Thursday pressured by shares in the Materials, Diversified Financials and Insurance sectors. The S&P 500 (1870.85) broke below its 20d moving average (1878.4 - positive slope) and remains above its 50d moving average (1867.9 - flat slope).

European markets are expected to start on a negative note.

Foreign Exchange

US Dollar was mixed against most of its major counterparts on Thursday. On the US economic data front, Empire Manufacturing index jumped to 19.01 (6.00 expected) in May from 1.29 the previous month. CPI rose 0.3% MoM as expected in April while industrial production fell 0.6% MoM (flat expected). Initial jobless claims declined to 297K (320K expected and 321K prior) in the week ended May 10th. Finally, the Philly Fed index fell to 15.4 (14.0 expected) in May from 16.6 the previous month while the NAHB Housing Market index slid to 45 (49 expected) from 46.

The Euro was mixed against its major counterparts. In Europe, euro zone GDP growth was 0.2% in 1Q, or the same pace than the previous quarter.

Commodities

After the close of Wall Street, WTI Crude Future (JUN 14) was down $0.9 to $101.51. The contract was above its 20D MA (@ $101) and above its 50D MA (@ $100.35).

Gold was down $9.8 to $1296.1. The precious metal was above its 20D MA (@ $1295) and below its 50D MA (@ $1310).

Copper Future (JUL 14) on Comex was down 1.4c to 314.55c/lb. The contract was above its 20D MA (@ 307.41c) and above its 50D MA (@ 303.17c). In Europe, the London Metal Exchange reported its copper inventories decreased 6400 tons to 191075 tons.

European Markets

ECB: Participation by Mr. Coeuré in a panel at conference "Ensuring Sustainable Finance in Transition Economies" co-organised by the Institute of International Finance (IIF), the European Bank for Reconstruction and Development (EBRD) and Narodowy Bank Polska in Warsaw, Poland. (11:30 CET)

Today's Economic Events

FR 07:45: 1Q Non-Farm Payrolls (QoQ): NA
FR 07:45: 1Q Wages (QoQ): NA
EC 10:00: MAR Euro-Zone: Trade Balance (Bln): NA
EC 10:00: MAR Euro-Zone: Trade Balance (Bln) (MoM): NA
US 13:30: APR Housing Starts (Thsd): 980
US 13:30: APR Bulding Permits (Thsd): 1010
US 14:55: APR U. of Michigan Confidence: 84.5

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EVENTS & FINANCIAL NEWS 15-05-2014

Market Comment

US indices dropped on Wednesday pressured by shares in the Telecommunication Services, Utilities and Pharmaceuticals, Biotechnology & Life Sciences sectors. The S&P 500 (1888.53) remains above its 20d moving average (1878 - positive slope) and its 50d moving average (1867.9 - flat slope).

European markets are expected to start on a flat note.

Foreign Exchange

US Dollar was mixed against most of its major counterparts on Wednesday. On the US economic data front, MBA Mortgage Applications for the week ended May 9th rose 3.6%. PPI final demand increased 0.6% MoM (+0.2% expected) in April while PPI Ex Food and Energy gained 1.9% MoM (+1.4% expected).

The Euro was mixed against its major counterparts. In Europe, euro zone industrial production fell by 0.3% in March, as expected, after a 0.2% increase the month before. German CPI was down by 0.2% in April in final estimation, as in prior one. Prices had increased by 0.3% in March.

The British Pound was under pressure. In UK, unemployment rate was down to 6.8% for the January-March period vs 6.9% for the previous one. Jobless claims were down by 25.1K in April vs -30.6K the month before. Economists anticipated them to be down by 30K.

Commodities

After the close of Wall Street, WTI Crude Future (JUN 14) was about flat to $101.98. The contract was above its 20D MA (@ $101.64) and above its 50D MA (@ $100.41). The US Department of Energy reported that, for the week ended 9 May, crude oil inventories increased 947k barrels compared to the previous week.

Gold was up $12.1 to $1305.7. The precious metal was above its 20D MA (@ $1295) and below its 50D MA (@ $1311).

Copper Future (JUL 14) on Comex was up 1.9c to 315.45c/lb. The contract was above its 20D MA (@ 304.03c) and above its 50D MA (@ 305.13c). In Europe, the London Metal Exchange reported its copper inventories decreased 5500 tons to 197475 tons.

Today's Economic Events

FR 06:30: 1Q GDP (QoQ): 0.1%
EC 10:00: MAY Euro-Zone: CPI (MoM): 0.2%
EC 10:00: 4Q Euro-Zone: GDP (QoQ): 0.4%
US 13:30: W18 Initial Jobless Claims (Thsd): 320
US 13:30: APR Consumer Price Index (MoM): 0.3%
US 13:30: MAY Empire Manufacturing: 6
US 13:30: APR CPI - Ex Food & Energy (MoM): 0.1%
US 14:15: APR Industrial Production (MoM): 0%
US 14:15: APR Industrial Capacity Utilization: 79.1%
US 15:00: MAY Philadelphia Fed.: 14
US 15:00: MAY NAHB Housing Market: 49

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