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Look ahead: Economic Calendar – for Wed Feb 25 2015 – If, Then… Market Timing

Look ahead: Economic Calendar – for Wed Feb 25 2015

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

Highlights: 

It”s day-two of the Fed Chair”s semi-annual Humphrey-Hawkins testimony. This is where the opportunity lies. Anticipating a similar opening statement as Tuesday, the reaction to Yellen”s remarks tends to be discounted at Wednesday”s open. In fact, the second day”s remarks tend to massage any undesired reaction to the first day. In any case, the first day”s remarks tend to be fully discounted, setting a risk limit.

MBA Purchase Applications
7:00 AM ET

New Home Sales
10:00 AM ET

**Janet Yellen H-H House hawkins
10:00 AM ET

EIA Petroleum Status Report
10:30 AM ET

2-Yr FRN Note Auction
11:30 AM ET

5-Yr Note Auction
1:00 PM ET