Catalysts to Watch
·         Greece - EU Heads of State Hold a summit on 3/25.  It seems like Europe will simply reiterate what they have been saying – that a plan is in place to give assistance should it be needed but at the moment no such aid is required and no details will be provided to the marketplace.  
·         China and the yuan - House holds a hearing on the yuan Mar 24.  
·         Treasuries - This week, the Treasury will sell $42 billion in five-year notes (Wed) and $32 billion in seven-year securities (Thurs).  
·         In commodities, the CFTC will hold a meeting on Mar 25 to start examining if speculators in the base- and precious-metals markets should be subject to trading limits.  
·         UK budget due out on Wed  
Economics calendar – daily view
·         Wednesday, Mar. 24th: US (Durable Goods, MBA Mortgage Applications, New Home Sales).  
·         Thursday, Mar. 25th: US (Jobless Claims); Eurozone (German Consumer Confidence, UK Retail Sales); Other (Australia Conference Board Leading Index, Japan CPI).
·         Friday, Mar. 26th: US (Third/Final Q4 GDP, PCE, Michigan Confidence); Eurozone (n/a); Other (Switzerland KOF Institute Economic Forecast).
Corporate Events Calendar
·         Wed Mar 24: earnings before the open (CMC, Li & Fung, China Unicom, LEN, GIS, Q-Cells, Sainsbury, Man Group); earnings after the close (RHT, CKR, PAYX).  Analyst meeting (COP).  
·         Thurs Mar 25: earnings before the open (CAG, CONN, UTIW, BBY, MKC, SolarWorld).  Earnings after the close (WTSLA, ACN, TIBX, ORCL, SMOD, SNX, FINL, SABA).  Analyst meetings (SI, SRE).
·         Fri Mar 26: analyst meetings (HS, EAT)
No comments:
Post a Comment