• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 263 thousand up from 260 thousand last week.
• Also at 8:30 AM, The Producer Price Index for July from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.4% increase in core PPI.
On COVID (focus on hospitalizations and deaths):
COVID Metrics NowWeek
AgoGoal New Cases per Day2107,077121,260≤5,0001 Hospitalized236,66337,632≤3,0001 Deaths per Day2395422≤501 1my goals to stop daily posts,
27-day average for Cases, Currently Hospitalized, and Deaths
🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
✅ Goal met.
Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.