The Economic Week Ahead…..

Monday 10

Pending Home Sales Index

3 & 6 Month Bill Auction

4 Week Bill and 10 Year Note Announcement

Tuesday 11

FOMC Annoucement-Consensus ranges from 25 to 50 basis points

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.

Wholesale Trade - Measures wholesale sales and inventory, which can be an important indicator of future consumer and economic activity.

4 Week Bill Auction

Wednesday 12

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

International Trade Consensus -57.0B Gauges economic trends by measuring levels of imports and exports.

Import and Export Prices Consensus 2.0%

Quarterly Services Survey

EIA Petroleum Status Report reports on crude oil inventories in the U.S.Treasury Budget Consensus $-90.0B

Thursday 13

Producer Price Index PPI Consensus  1.6% percent

Retail Sales Consensus 0.6%

Business Inventories Consensus 0.3%

Jobless Claims Unemployment claims. Consensus 337k

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.

Money Supply

10 Year Note Auction 

Friday 14

CPI-Consumer Price Index- Consensus 0.7% measures average price of a fixed set of goods and services used by consumers.

Industrial Production Consensus .1%

Many reports due out this week along with the Fed meeting on Tuesday……..we’ll see what shakes out!

Have a great week.

This entry was posted on 10. December 2007 at 02:37 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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