The Economic Week Ahead……

Monday 25

Existing Home Sales-consensus 5.99M The market has low expectation for this number, we’ll see where it comes in.

3 & 6 Month Bill Auction

Tuesday 26

ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.

Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.

Consumer Confidence Consensus 105.

New Home Sales Consensus 920,000

4 Week Bill Auction

2 Year Note Auction

Wednesday 27

MBA Purchase Applications measures applications at mortgage lenders. This is considered a leading indicator for single family home sales and housing construction.

Durable Goods Orders Consensus -1.5%

EIA Petroleum Status Report reports on crude oil inventories in the U.S.

FOMC Meeting Begins

5 Year Note Auction

Thursday 28

Corporate Profits

GDP Consensus .8%

Jobless Claims Unemployment claims. Consensus 319K

EIA Natural Gas Report-Tracks natural gas inventories.

3 and 6 month Treasury Bill Announcement Investors use this data to attempt to predict future Federal Reserve policy.

FOMC Annoucement Consensus-5.25%

Farm Prices

Help Wanted Index

Money Supply

Friday 29

Consumer Sentiment Consensus 84

Personal Income and Outlays Consensus .6%

NAPM Chicago Consensus 57.5

Construction Spending Consensus .2%

Another packed week! For those of you who are interested in more information for these reports, please click on that link and it will take you to a more detailed explanation and Bloomberg’s Calendar of Events.

Have a great week!

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This entry was posted on 19. June 2007 at 04:37 and is filed under Economic Market Reports, Blogroll. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.

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