Market Weekly: Aug 14-Aug-18-2017


Initial Jobless Claims -12K to 232K vs. 240K consensus, 244K prior (unrevised).
Continuous Claims:-3K to 1.953M vs. 1.956M.

Freddie Mac weekly survey.
The 30-year fixed-rate mortgage averaged 3.89% for the week ending Aug. 17, just one basis point above its YTD low and slipping from 3.90% a week ago, and the average 15-year fixed-rate mortgage fell to 3.16% from last week’s 3.18%.

Q2 E-Commerce Retail Sales: +4.8% Q/Q to $111.5B
E-commerce sales accounted for 8.9% of total sales.

July Leading Indicators: +0.3% to 128.3 vs. +0.3% consensus, +0.6% (revised) prior
The Coincident Economic Index +0.3% to 115.7
The Lagging Economic Index +0.1% to 124.8

Bloomberg Consumer Comfort Index jumps to 52.1 from 51.4 last week (new 16-year high)
State of the Economy index improves to 51.3 from 51.0
Personal Finance index moves to 59.7 from 58.9
Buying Climate index increases to 45.4 from 44.3

July Industrial Production: +0.2% at 105.5 vs. +0.3% consensus, +0.4% prior.
Capacity utilization: 76.7% in -line with consensus, 76.7% prior (revised).

August Philly Fed Business Outlook: +18.9 vs. +18 expected, +19.5 prior.