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Economic Schedule for Week of August 1, 2021
The key report this week is the July employment report. Other key reports include ISM manufacturing and services indexes, July vehicle sales, and the Trade deficit for June.
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Monday, August 2nd -
10:00 AM: ISM Manufacturing Index for July. The consensus is for the ISM to be at 60.9, up from 60.6 in June. The employment index was at 49.9% in June, and the new orders index was at 66.0%.
10:00 AM: Construction Spending for June. The consensus is for a 0.4% increase in construction spending.
2:00 PM: Senior Loan Officer Opinion Survey on Bank Lending Practices for July.
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Tuesday, August 3rd -
8:00 AM ET: Corelogic House Price index for June
All Day: Light vehicle sales for July from the BEA. The consensus is for light vehicle sales to be 15.7 million SAAR in July, up from 15.4 million in June (Seasonally Adjusted Annual Rate).
11:00 AM: NY Fed: Q2 Quarterly Report on Household Debt and Credit
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Wednesday, August 4th -
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:15 AM: The ADP Employment Report for July. This report is for private payrolls only (no government). The consensus is for 675 thousand payroll jobs added in July, down from 692 thousand added in June.
10:00 AM: the ISM Services Index for July. The consensus is for a reading of 60.4, up from 60.1.
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Thursday, August 5th -
8:30 AM: Trade Balance report for June from the Census Bureau.
The consensus is the trade deficit to be $73.9 billion. The U.S. trade deficit was at $71.2 Billion the previous month.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for a decrease to 390 thousand from 400 thousand last week.
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Friday, August 6th -
8:30 AM: Employment Report for July. The consensus is for 900,000 jobs added, and for the unemployment rate to decrease to 5.7%. There were 850,000 jobs added in June, and the unemployment rate was at 5.9%. The current employment recession was by far the worst recession since WWII in percentage terms, but currently is not as severe as the worst of the "Great Recession".
https://www.calculatedriskblog.com/2021/07/schedule-for-week-of-august-1-2021.html
Myanmar army ruler takes prime minister role, again pledges elections
Myanmar's military ruler Min Aung Hlaing has taken on the role of prime minister in a newly formed caretaker government, state media reported on Sunday, six months after the army seized power from a civilian government.
In a speech on Sunday, Min Aung Hlaing repeated a pledge to hold elections by 2023 and said his administration was ready to work with a future regional envoy on Myanmar. The announcement and speech came exactly six months after the army seized power Feb. 1 from a civilian government following elections that were won by Aung San Suu Kyi's ruling party but that the military said had been fraudulent. Min Aung Hlaing has chaired the State Administration Council (SAC) that was formed just after the coup and that has run Myanmar since then, and the caretaker government will replace it. "In order to perform the country's duties fast, easily and effectively, the state administration council has been re-formed as caretaker government of Myanmar," a newsreader on state Myawaddy television said. In his speech, Min Aung Hlaing repeated a pledge to restore democracy, saying, "We will accomplish the provisions of the state of emergency by August 2023." He added: "I guarantee the establishment of a union based on democracy and federalism."
Shortly after the coup, junta leaders promised new elections within two years. The reference on Sunday to August 2023 was interpreted by some local media as extending that time frame by six months. Min Aung Hlaing also said his administration would work with any special envoy named by the Association of Southeast Asian Nations (ASEAN). ASEAN foreign ministers are to meet on Monday, when diplomats say they aim to finalize a special envoy tasked with ending violence and promoting dialogue between the junta and its opponents. The army seized power after Suu Kyi's ruling party won elections that the military argues were tainted by fraud. It has said its takeover was in line with the constitution. The country's electoral commission has dismissed the fraud allegations. After the coup, Suu Kyi, 75, was charged with several crimes. Her trial on charges of illegally possessing walkie-talkie radios and breaking coronavirus protocols is scheduled to resume on Monday.
The military authorities have faced months of protests, strikes that have paralyzed public and private sectors, and a resurgence of armed conflicts in the borderlands. The authorities have branded their opponents as terrorists. "At present, the whole country is stable except for some terrorist attacks," Min Aung Hlaing said in his speech. The Assistance Association for Political Prisoners activist group has accused the armed forces of killing 939 people in suppressing dissent since the coup and said at least 6,990 military opponents have been arrested.
The military said the number of protesters killed is far lower and members of the armed forces have also died in violence. It said its response has met international norms in the face of threats to national security.
https://asia.nikkei.com/Spotlight/Myanmar-Crisis/Myanmar-army-ruler-takes-prime-minister-role-again-pledges-elections
61-0309 USAF KC-135 tanker over Not AF1 Joe at Camp David position
Hungarian AF Falcon 7X on descent for Newark Int'l from Kecskemet AB with (also Hungarian AF) BARKT27 C-17 Globemaster departing McGuire AFB after an inbound from Seattle Boeing Field yesterday
#470
>>78081, >>78084 CM on telegram "My august 2nd announcement regarding what i learned via OSINT about the pcaps is now canceled...."-soc. media
>>78086 Impressions of the Resistance in France-linkys
>>78110 Donald Glover Met/BET Prostitution Party-Idols (Popstars/Hollywood actors/etc.) dressing up like Babylonian Gods.-bitchute
>>78113, >>78114, >>78115, >>78116, >>78117, >>78120 Gravitas Plus: Does George Soros manipulate the Global Order? anon submits digzz
>>78129 Q drop #4599 national preparedness month-All 3 Movies playing together
>>78131 Scott Adams and muh chatlogs Posobiec twats: "Scott Adams appears to be pushing the vaccine harder than anyone else, and also recently received praise from Poso for "being in the mix no matter what".
>>78134, >>78137, >>78142, >>78146 NY Times changing headlines and 'editing'..Imagine dat...kek
>>78135, >>78157 KANSAS twat and anon submits Q drop #929 "“The grass withers, the flower fades but the word of our God stands forever.” Isaiah 40:8"-soc. media
>>78140 The sister of North Korean leader Kim Jong Un said planned joint military exercises between South Korea and the U.S. will “cloud” inter-Korean relations, Yonhap News Agency reported.-newsmax
>>78150 Myanmar army ruler takes prime minister role, again pledges elections-nikkei
>>78154, >>78155 'really nigga?' news "I should have gotten the damn vaccine,’ Father of 5 who later died of COVID texts from hospital bed..."-fox46 July 30
>>78156 moar 'really nigga??' news from CNN "Doctor: Patients beg me for the vaccine before being intubated"
wut I habs....still catching up so if something missed please advise.
I'll be nice if you are...kek
#470
>>78081, >>78084 CM on telegram "My august 2nd announcement regarding what i learned via OSINT about the pcaps is now canceled...."-soc. media
>>78086 Impressions of the Resistance in France-linkys
>>78110 Donald Glover Met/BET Prostitution Party-Idols (Popstars/Hollywood actors/etc.) dressing up like Babylonian Gods.-bitchute
>>78113, >>78114, >>78115, >>78116, >>78117, >>78120 Gravitas Plus: Does George Soros manipulate the Global Order? anon submits digzz
>>78129 Q drop #4599 national preparedness month-All 3 Movies playing together
>>78131 Scott Adams and muh chatlogs Posobiec twats: "Scott Adams appears to be pushing the vaccine harder than anyone else, and also recently received praise from Poso for "being in the mix no matter what".
>>78134, >>78137, >>78142, >>78146 NY Times changing headlines and 'editing'..Imagine dat...kek
>>78135, >>78157 KANSAS twat and anon submits Q drop #929 "“The grass withers, the flower fades but the word of our God stands forever.” Isaiah 40:8"-soc. media
>>78140 The sister of North Korean leader Kim Jong Un said planned joint military exercises between South Korea and the U.S. will “cloud” inter-Korean relations, Yonhap News Agency reported.-newsmax
>>78145 Economic Schedule for Week of August 1, 2021
>>78150 Myanmar army ruler takes prime minister role, again pledges elections-nikkei
>>78154, >>78155 'really nigga?' news "I should have gotten the damn vaccine,’ Father of 5 who later died of COVID texts from hospital bed..."-fox46 July 30
>>78156 moar 'really nigga??' news from CNN "Doctor: Patients beg me for the vaccine before being intubated"
updated with missed one.
Sudan’s Official Gold Output Almost Doubles as Smuggling Curbed
Sudan’s official gold output nearly doubled in the first half of 2021 as authorities reined in smuggling, a Sudanese Mineral Resources Co. official said, marking a partial success in efforts to salvage the economy.
The North African nation recorded production of 30.3 tons between January and the end of June, compared with 15.6 tons in the same period the year before, Al-Sadig Al-Haj, head of planning and research at the state-owned company, said Sunday by phone. Sudan pocketed about 38.2 billion pounds ($86 million) from gold in the first half of 2021 and targets 104 billion pounds from a total 100 tons by the end of the year, al-Haj said. He attributed the rise to “strong measures” imposed by the mineral ministry and other state institutions to prevent illicit cross-border trade.
Sudan, where dictator Omar al-Bashir was overthrown in 2019, is racing to turn around an economy shattered by years of mismanagement and international isolation, with a substantial increase in gold sales a key component of its 2021 budget. Finance Minister Gibril Ibrahim in June said Sudan was trying to attract private investment to the industry dominated by informal mining and that smuggling meant authorities see only a relatively small proportion of total output.
https://www.bnnbloomberg.ca/sudan-s-official-gold-output-almost-doubles-as-smuggling-curbed-1.1635477
>back from lunch
all you can eat shrimp sounds good about nao.
Went to a real fair yesterday-not the faggy coastal fair either-all the 4H stuffs that many never see.
Could count masked peeps on two hands out of thousands.
Nice to see.
haven't worn one yet so not about to start either.
>come home instead
Good for them!!
Principles mang...If they require one here I do not go.
SLOT74 USAFSOC C-32B on final for McGuire AFB, NJ from MacDill overnight
This completes a trip with stops at Anchorage (outbound on 0726), Yokota AB, Japan on 0727 and it drops from coverage heading sw from Yokota and reappears on 0730 departing Hickam AFB, Oahu
Arrived at JB Lewis-McChord for a ground stop and then depart to SLC.
Departed to MacDill from SLC yesterday
FORGE94 US Army G5 on final approach for Rabat, Morocco from JBA depart earlier
Morocco Reports 6,189 New COVID-19 Cases over Past 24 Hours
The number of people vaccinated to date (1st dose) has reached 13,672,764 while 10,129,424 people have been fully vaccinated (1st and second dose), the ministry pointed out in its daily COVID-19 bulletin. The total number of COVID-19 cases reported since the start of the outbreak of the virus rises to 629,717 while the number of recoveries increases to 566,008 which corresponds to a recovery rate of 89.9%.
Regarding coronavirus-related deaths, they rose to 9,833 with fourty-eight new cases recorded in the past day in the regions of Casablanca-Settat (11), Marrakech-Safi (8), Tangier-Tetouan-Al Hoceima (8), Rabat-Salé-Kenitra (7), Beni Mellal-Khenifra (4), Souss-Massa (4), Draa-Tafilalet (3) and Fez-Meknes (3), the ministry said, adding that the fatality rate remains at 1.6%. The new COVID-19 cases were reported in the regions of Casablanca-Settat (1,799), Marrakech-Safi (950), Rabat-Salé-Kenitra (822), Souss-Massa (778), Tangier-Tetouan-Al Hoceima (367), the Oriental (308), Draa-Tafilalet (306), Guelmim-Oued Noun (283), Beni Mellal-Khenifra (268), Fez-Meknes (159), Dakhla-Oued Eddahab (96) and Laayoune-Sakia El Hamra (53). The number of active cases rose to 53,876 including 985 in a critical or severe condition, the ministry added.
https://www.mapnews.ma/en/actualites/general/morocco-reports-6189-new-covid-19-cases-over-past-24-hours
sowee
wasn't paying attention