Economic Data Scheduled For Thursday


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  • Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims declining to 378,000 for the August 7 week from 385,000 in the prior week.
  • The Producer Price Index for July will be released at 8:30 a.m. ET. Producer prices have been surpassing expectations in the recent period, with analysts expecting the headline prices rising 0.6% on a monthly basis in July versus a 1% rise in the previous month.
  • The Energy Information Administration’s weekly report on natural gas stocks in underground storage will be released at 10:30 a.m. ET.
  • The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
  • The Treasury will auction 30-year bonds at 1:00 p.m. ET.

Check out the full economic calendar here


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsEconomicsPre-Market OutlookMarketsEconomic Data