Econ Calendar

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

Highlights: Friday morning’s only econ report is both high-profile and reliable for influencing price action. More so lately with their being greater focus on inflationary pressures, and this being an opportunity to gauge the willingness to absorb them.

*Consumer Sentiment
10:00 AM ET

Baker-Hughes Rig Count
1:00 PM ET

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

Highlights: Thursday’s calendar is busy, with a combination of high-profile and influential reports. And any noticeable reaction to a pre-open report is likely to be duplicated by a post-open report. That’s busy enough without adding Fed Chair Powell’s second congressional testimony of the week. Typically, the Chair fine-tunes or walks back any of Tuesday’s points that may have triggered an unanticipated response. There’s no indication of the second testimony’s opening remarks being pre-released before the open.

Jobless Claims
8:30 AM ET

Personal Income and Outlays
8:30 AM ET

*PMI Manufacturing Index
9:45 AM ET

Bloomberg Consumer Comfort Index
9:45 AM ET

*ISM Mfg Index
10:00 AM ET

*Construction Spending
10:00 AM ET

Jerome Powell Speaks
10:00 AM ET

EIA Natural Gas Report
10:30 AM ET

*William Dudley Speaks
11:00 AM 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: Wednesday’s pre-open GDP is high-profile, but not reliable for influencing price action. Any reaction to it would likely be duplicated by post-open reports. The PMI is influential, and the reaction to its public release tends to duplicate its private release to institutional subscribers.

MBA Mortgage Applications
7:00 AM ET

GDP
8:30 AM ET

*Chicago PMI
9:45 AM ET

Pending Home Sales Index
10:00 AM ET

EIA Petroleum Status Report
10:30 AM ET

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

Highlights: Tuesday’s calendar is the busiest in some time. It’s also both high-profile and reliably influential to price action. Meanwhile, any noticeable reaction to the pre-open Durable Goods report is likely to be duplicated by post-open reports. New Fed Chair Powell gives his first semi-annual congressional testimony. His opening remarks may be released before the open, with notice, somewhat similar to Yellen’s first testimony which she surprised the market by lifting the embargo on her remarks when the stock market was opening.

*Durable Goods Orders
8:30 AM ET

International Trade in Goods
8:30 AM ET

Redbook
8:55 AM ET

S&P Corelogic Case-Shiller HPI
9:00 AM ET

FHFA House Price Index
9:00 AM ET

*Consumer Confidence
10:00 AM ET

*Jerome Powell Speaks [House]
10:00 AM ET

Richmond Fed Manufacturing Index
10:00 AM ET

State Street Investor Confidence Index
10:00 AM ET

4-Week Bill Auction
11:30 AM ET

52-Week Bill Auction
11:30 AM ET

Farm Prices
3:00 PM ET

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

Highlights: All of Monday’s econ reports are high-profile, but none have a track record for influencing price action. The pre-open Fed speaker does have such a track record, and the reaction to any comments would be more likely to be duplicated in reaction to the reports.

*James Bullard Speaks
8:00 AM ET

Chicago Fed National Activity Index
8:30 AM ET

New Home Sales
10:00 AM ET

Dallas Fed Mfg Survey
10:30 AM ET