Econ Calendar

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Only one Fed survey has a track record of influencing price action, and Chicago Fed ain’t it. The PMI data does get a reaction, even if only from price action no longer being inhibited before its release.

Chicago Fed National Activity Index
8:30 AM ET

Jeremy Stein speaks — hawk
9:00 AM ET

PMI Manufacturing Index Flash
9:45 AM ET

3-Month Bill Auction
11:30 AM ET

6-Month Bill Auction
11:30 AM ET

Richard Fisher speaks — hawk
1:45 PM ET

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Just one event Friday, Quarterly expiration of options and futures. Being the only pot, it is watched widely. And that is why it rarely boils anymore. Setups that are specific to the expiration session will be described before and through the open.

Quadruple Witching

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Federal Reserve stress test results are released sometime Thursday. That might be relevant. A two-day EU meeting begins in Brussels. Sanctions against Russia will be one topic, and although not likely to be harsh, their mere mention might influence price action momentarily. The three post-open reports announced simultaneously are each high-profile with track records of influencing price action.

Federal’s stress test results released

Two-day EU meeting

Jobless Claims
8:30 AM ET

Bloomberg Consumer Comfort Index
9:45 AM ET

Philadelphia Fed Survey
10:00 AM ET

Existing Home Sales
10:00 AM ET

Leading Indicators
10:00 AM ET

EIA Natural Gas Report
10:30 AM ET

10-Yr TIPS Auction
1:00 PM ET

Fed Balance Sheet
4:30 PM ET

Money Supply
4:30 PM ET

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Yellen’s first quarterly chairman meeting isn’t entirely predictable. She’s new, and some degree of uncertainty should enhance the afternoon’s volatility.

MBA Purchase Applications
7:00 AM ET

Current Account
8:30 AM ET

EIA Petroleum Status Report
10:30 AM ET

FOMC Meeting Announcement
2:00 PM ET

Chair Press Conference
2:30 PM ET

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: In between two retail reports is the simultaneous release of two other high-profile influential reports — CPI and Housing Starts. There is no post-open report, so the pre-open reactions can set the morning’s tone.

ICSC-Goldman Store Sales
7:45 AM ET

Consumer Price Index
8:30 AM ET

Housing Starts
8:30 AM ET

Redbook
8:55 AM ET

4-Week Bill Auction
11:30 AM ET