Northern, WI 6/26/12 (StreetBeat) -- Stocks in Asia were generally mixed and little changed. The Hang Seng was up 0.4%, but the Nikkei fell 0.8%, Australia was down a third of a percent and Shanghai was essentially unchanged. The same can be said for European indexes, with both the Footsie and Dax up a slight fraction this morning. US stock futures are up just a bit as I write.
*The weekly report on chain store sales from ICSC showed a gain of 2.0% on a week on week basis for the week ended June 23; but the week’s sales were up only 2.7% versus the corresponding week from a year ago, the smallest sales gain since the end of March. The Johnson Redbook report on the same thing is due out at 7:55am CDT.
*The April reading of the Case/Shiller Home Price Index is due out at 8:00am CDT, it is expected to be -2.50% on a year on year basis. The June reading of Consumer Confidence is due out at 9:00am CDT, it is forecast to be 63.0; it was 64.9 in May.
*The June reading of the Richmond Fed Manufacturing Index is due out at 9:00am CDT, it is expected to be 2, down from 4 the month before.
*The Fed is scheduled to buy Treasuries that are due to mature between 8/15/20 and 5/15/42; the results of the operation will be announced just after 10:00am CDT.
*The Treasury plans to sell $35 billion 2 Year Notes today; the auction results will be announced just after noon CDT.