After the first rush of data in the US, industrial production and capacity utilization will follow up with industrial production expected at +0.0% versus 0.3% last month. The capacity utilization is expected 77.5 versus 77.6 last month. Manufacturing output is expected to decline by -0.1% versus +0.1% last month.

Later at 10 AM,

• US business inventories for June are expected to rise by 0.2% versus 0.0% last month.
• University of Michigan sentiment for August preliminary is expected at 62.0 versus 61.7 last month. The current conditions is expected at 67.9 versus 68.0. The expectations 56.5 versus 57.7. One year inflation came in at 4.5% last month. The five year inflation reading came in at 3.4%. The data is preliminary. There will be a revision a week or so from now.

This article was written by Greg Michalowski at investinglive.com.