Catalysts to Watch-The Financial Crisis Inquiry Commission (FCIC) Spain debt sale - 3

Catalysts to Watch

· The Financial Crisis Inquiry Commission (FCIC)’s next public hearing titled “The Role of Derivatives in the Financial Crisis.”  Execs from AIG, GS will be speaking.  Wed June 30-Thurs Jul 1.  http://www.fcic.gov/news/pdfs/2010-0616-Advisory.pdf

· Spain debt sale - 3 billion euro auction of Spain five-year debt on Thursday (Reuters) 

· Romania – the IMF said its board will meet on July 2 to review Romania’s standby-loan arrangement (Bloomberg) 

Economics Calendar – Daily View

· Wednesday, June 30th: China (PMIs – will hit Wed night) 

· Thursday, July 1st: US (Jobless Claims, ISM Manufacturing, Construction Spending, Pending Home Sales, Auto Sales); Eurozone (UK PMI Manufacturing); Other (Australia Retail Sales).

· Friday, July 2nd: US (Non-farm Payrolls/Unemployment Rate, Factory Orders); Eurozone (UK PMI Construction, Eurozone PMI, Eurozone Unemployment rate); Other (n/a).

Corporate Events Calendar

· Wed June 30: earnings after the close (APOL, XRTX); analyst meetings (HD)

· Thurs Jul 1: earnings before the open (STZ, MXB, MSM); sales (autos companies post June sales); analyst meetings (GIS) 

· Mon Jul 5: US markets closed for Jul 4 holiday