Econ Calendar
Look ahead: Economic Calendar
A midday look ahead in preparation for economic reports and events scheduled for the next trading day.
Highlights: Chicago PMI and Consumer Sentiment have become an interesting pair. Not only are they post-open, but their times are unusual, and staggered. There has been a trend of defensive posturing ahead of the news that enables a favorable reaction, but not yet enough so to be very confident. Bernanke speaking during the noon hour may be interesting, too.
Personal Income and Outlays
8:30 AM ET
Employment Cost Index
8:30 AM ET
Chicago PMI
9:45 AM ET
Consumer Sentiment
9:55 AM ET
Ben Bernanke Speaks
12:30 PM ET
Farm Prices
3:00 PM ET
Look ahead: Economic Calendar
A midday look ahead in preparation for economic reports and events scheduled for the next trading day.
Highlights: Jobless Claims and Home Sales will impact price action. Especially the latter, whose data has been suffering, and coming post-open. The auctions only get more difficult with the 7-year being further out on the yield curve.
GDP
8:30 AM ET
Jobless Claims
8:30 AM ET
Pending Home Sales Index
10:00 AM ET
EIA Natural Gas Report
10:30 AM ET
7-Yr Note Auction
1:00 PM ET
Fed Balance Sheet
4:30 PM ET
Money Supply
4:30 PM ET
Look ahead: Economic Calendar
A midday look ahead in preparation for economic reports and events scheduled for the next trading day.
Highlights: Wednesday will be very interesting. Durable Goods comes in pre-open, and should be very influential in one direction or the other with non-Durable Consumer Goods recently showing more strength. The noon hour’s end brings another auction in the post-downgrade world. We’ll see how the 5-year does following Tuesday’s 2-year auction.
Its reaction will also be a function of the FOMC meeting. FOMC is the big story. As if releasing its policy meeting’s decision at an unusual time won’t be disruptive enough, the announcement comes during the otherwise less liquid noon hour.
The decision comes early because the announcement’s normal time will instead be Bernanke’s first-ever press conference. During market hours. In the afternoon. All sorts of unusual characteristics that make the event very disruptive.
MBA Purchase Applications
7:00 AM ET
Durable Goods Orders
8:30 AM ET
EIA Petroleum Status Report
10:30 AM ET
FOMC Meeting Announcement
12:30 PM ET
Bernanke’s Post-FOMC Presser
2:15 PM ET
5-Yr Note Auction
1:00 PM ET
Look ahead: Economic Calendar
A midday look ahead in preparation for economic reports and events scheduled for the next trading day.
Highlights: Tuesday’s econ calendar is relatively busy, but only two items are high-profile. One is Consumer Confidence, which is post-open, and generally disruptive to price action. But before then is the Case-Shiller Home Price Index. It is unusually timed for release 30 minutes pre-open. The 2-year auction at the noon hour’s end is the first since S&P’s downgrade, and could be influential if there’s any hitch. Meanwhile, quarterly earnings announcements are still coming in.
ICSC-Goldman Store Sales
7:45 AM ET
Redbook
8:55 AM ET
S&P Case-Shiller HPI
9:00 AM ET
Consumer Confidence
10:00 AM ET
State Street Investor Confidence Index
10:00 AM ET
4-Week Bill Auction
11:30 AM ET
2-Yr Note Auction
1:00 PM ET
Look ahead: Economic Calendar
A midday look ahead in preparation for economic reports and events scheduled for the next trading day.
Highlights: Two more housing sector indicators follows last week’s spate. Thursday’s lags by two months, and should be predictable. Monday’s look at March’s sales lags by three weeks, which is just long enough to be a little predictable, but still vulnerable to a surprise… P.S. Don’t forget there is NO weekly Open House this weekend.
New Home Sales
10:00 AM ET
3-Month Bill Auction
11:30 AM ET
6-Month Bill Auction
11:30 AM ET