Bernanke, consumer credit on docket

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Today's economic calendar includes data on retail sales and consumer credit, as well as a second appearance by Fed Chairman Ben Bernanke in as many days.

The day begins with the weekly ICSC/Goldman same-store sales figures at 7:45 a.m. ET. The weekly Redbook retail data will be reported at 8:55 a.m. ET.

A four-week Treasury bill auction will begin at 11:30 a.m. ET, followed by a three-year note auction at 1 p.m. ET. Bernanke is scheduled to speak at 2:30 p.m. ET.

Consumer credit data will be released at 3 p.m. ET. The consensus forecast calls for a reading of $10.3 billion in June, down from $17.1 billion in May. Estimates range from $5.5 billion to $13 billion.

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