STOCK MARKET WATCH -- Tuesday, 26 August 2014

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7. There's A Ton Of Big Economic Data Coming Out Today

http://www.businessinsider.com/economic-data-august-26-2014-8

Heads up! It's going to be a stacked day for economic data.
Here are the 5 datapoints coming up, via Calculated Risk:

• At 8:30 AM ET, Durable Goods Orders for July from the Census Bureau. The consensus is for a 5.1% increase in durable goods orders. NOTE: The headline number could be huge because of a large number of aircraft orders in July.

• At 9:00 AM, S&P/Case-Shiller House Price Index for June. Although this is the June report, it is really a 3 month average of April, May and June. The consensus is for a 8.4% year-over-year increase in the Composite 20 index (NSA) for June. The Zillow forecast is for the Composite 20 to increase 8.1% year-over-year, and for prices to be unchanged month-to-month seasonally adjusted.

• Also at 9:00 AM, the FHFA House Price Index for June. This was original a GSE only repeat sales, however there is also an expanded index. The consensus is for a 0.3% increase.

• At 10:00 AM, the Conference Board's consumer confidence index for August. The consensus is for the index to decrease to 89.7 from 90.9.

• At 10:00 AM, the Richmond Fed Survey of Manufacturing Activity for August.



Read more: http://www.businessinsider.com/economic-data-august-26-2014-8#ixzz3BUZhRPB2