Here comes industrial production ...

The Federal Reserve will release the June report on industrial production and capacity utilization at 9:15 a.m. ET.

According to Bloomberg, economists forecast that industrial production rose 0.2% month-over-month, up from a drop of 0.2% in May, and capacity utilization was unchanged from 78.1% last month.

Here's Barclays' preview: "We expect manufacturing sector output to have been nearly unchanged on the month with a sequential decline in motor vehicle production offset by a boost from chemicals and other manufacturing categories. Elsewhere, we look for a mining sector output to have been nearly unchanged."

We'll be back with the details once they cross.