Morning Markets Report

Prepared by Daniel on Thursday, June 30, 2016

Summary The Dow Future has gained 27 points to 17651. The US Dollar Index edged lower 0.068 points to 95.581. Gold has advanced 2.270 dollars to 1317.270. Silver has advanced 0.065 dollars to 18.385. The Dow Industrials gained 284.96 points, at 17694.68, while the S&P 500 edged higher by 34.68 points, last seen at 2070.77. The Nasdaq Composite rose 88.04 points to 4779.91.

Key Events for Thursday

7:00 AM ET. MBA Weekly Mortgage Applications Survey

Composite Idx (previous 522.2)

Composite Idx, W/W% (previous +2.9%)

Purchase Idx-SA (previous 231.9)

Purchase Idx-SA, W/W% (previous -2.4%)

Refinance Idx (previous 2189.4)

Refinance Idx, W/W% (previous +6.5%)

8:30 AM ET. May Personal Income & Outlays

Personal Income, M/M% (expected +0.3%; previous +0.4%)

Consumer Spending, M/M% (expected +0.4%; previous +1.0%)

PCE Price Idx, M/M% (previous +0.3%)

PCE Price Idx, Y/Y% (previous +1.1%)

PCE Core Price Idx, M/M% (expected +0.2%; previous +0.2%)

PCE Core Price Idx, Y/Y% (previous +1.6%)

10:00 AM ET. May Metropolitan Area Employment & Unemployment

10:00 AM ET. May Pending Home Sales Index

Pending Home Sales (previous 116.3)

Pending Home Sales Idx, M/M% (expected -2.0%; previous +5.1%)

Pending Home Sales Idx , Y/Y% (previous +4.6%)

10:30 AM ET. EIA Weekly Petroleum Status Report

Crude Oil Stocks (Bbl) (previous 530.626M)

Crude Oil Stocks, Net Chg (Bbl) (previous -0.917M)

Gasoline Stocks (Bbl) (previous 237.631M)

Gasoline Stocks, Net Chg (Bbl) (previous +0.627M)

Distillate Stocks (Bbl) (previous 152.314M)

Distillate Stocks, Net Chg (Bbl) (previous +0.151M)

Refinery Usage (previous 91.3%)

Total Prod Supplied (Bbl/day) (previous 20.01M)

Total Prod Supplied, Net Chg (Bbl/day) (previous -0.83M)

3:00 PM ET. June Agricultural Prices

Farm Prices, M/M% (previous

8:30 AM ET. Unemployment Insurance Weekly Claims Report - Initial Claims

Jobless Claims (expected 265K; previous 259K)

Jobless Claims, Net Chg (previous -18K)

Continuing Claims (previous 2142000)

Continuing Claims, Net Chg (previous -20K)

8:30 AM ET. U.S. Weekly Export Sales

Corn (Metric Tons) (previous 1421K)

Soybeans (Metric Tons) (previous 1322.2K)

Wheat (Metric Tons) (previous 465.2K)

8:30 AM ET. Annual U.S. International Investment Position

8:30 AM ET. 1st Quarter U.S. International Investment Position

9:45 AM ET. June ISM-Chicago Business Survey - Chicago PMI

PMI-Adj (expected 51.0; previous 49.3)

9:45 AM ET. Bloomberg Consumer Comfort Index

10:30 AM ET. EIA Weekly Natural Gas Storage Report

Working Gas In Storage (Cbf) (previous 3103B)

Working Gas In Storage, Net Chg (Cbf) (previous +62B)

4:30 PM ET. Money Stock Measures

4:30 PM ET. Federal Discount Window Borrowings

4:30 PM ET. Foreign Central Bank

9:45 AM ET. June US Manufacturing PMI

PMI, Mfg (previous 50.7)

10:00 AM ET. May Construction Spending - Construction Put in Place

New Construction (expected +0.7%; previous -1.8%)

Residential Construction

10:00 AM ET. June ISM Manufacturing Report on Business

Manufacturing PMI (expected 51.4; previous 51.3)

Prices Idx (previous 63.5)

Employment Idx (previous 49.2)

Inventories (previous 45.0)

New Orders Idx (previous 55.7)

Production Idx (previous 52.6)

11:00 AM ET. June Global Manufacturing PMI

PMI, Mfg (previous 50.0)

4:00 PM ET. June Domestic Auto Industry Sales

Auto Sales Annualized (expected 17.3M; previous

N/A Marianas: U.S. Independence Day

N/A U.S. Independence Day. Financial markets closed