How The Rest Of The Week Plays Out
1. Geopolitical Events. On Wednesday Federal Reserve Open Market Committee (FOMC) releases its latest minutes. On Thursday Secretary of State Tillerson and Department of Homeland Security Chief John Kelly visit Mexico. Also on Thursday Federal Reserve Atlanta President Dennis Lockhart speaks at 8:35 a.m. EST.
2. Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications, jobless claims and existing home sales, FOMC Minutes, new home sales and Michigan Sentiment.
3. Earnings Releases. Notable releases include LYG TJX BUD BIDU RY PEG.
Wednesday, February 22:
January Existing Home Sales are due out at 10:00 a.m. EST and are expected to rise to 5.550 million from 5.490 million.
Federal Reserve Open Market Committee (FOMC) Minutes from the January meeting are due out at 2:00 p.m. EST.
Thursday, February 23:
Secretary of State Rex Tillerson and Department of Homeland Security Chief John Kelly pay a visit to Mexico.
Markets are closed in Russia.
Friday, February 24:
January New Home Sales are due out at 10:00 a.m. EST and are expected to rise to 575,000 from 536,000.
Markets are closed in Russia.
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