The Week Ahead: All Eyes On The Federal Reserve
1. Geopolitical Events. On Wednesday Federal Reserve Open Market Committee will announce its latest interest rate decision.
2. Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications, jobless claims and PPI, retail sales, industrial production, CPI and housing starts.
3. Earnings Releases. Notable releases include PAY NDSN HAIN JOY PIR SAFM ADBE JBL ORCL SCHL.
Monday, December 12:
Chinese Retail Sales are due out Monday night at 8:00 p.m. EDT.
Tuesday, December 13:
The Federal Reserve Open Market Committee (FOMC) begins its two day meeting that will culminate with a decision on Wednesday.
Wednesday, December 14:
November PPI is due out at 8:30 am. EST and is expected to rise to 0.1% from 0%.
November Retail Sales are due out at 8:30 a.m. EST and are expected to fall to 0.3% from 0.8%.
November Industrial Production is due out at 9:15 a.m. EST and is expected to fall to -0.2% from 0%.
The Federal Reserve Open Market Committee (FOMC) concludes its two day meeting at 2:00p.m. EDT and is expected to increase interest rates by 25 basis points. A press conference will follow at 2:30 p.m. EST led by Federal Reserve Chairman Janet Yellen.
Thursday, December 15:
November CPI is due out at 8:30 a.m. EST and is expected to fall to 0.2% from 0.4%.
Friday, December 16:
November Housing Starts are due out at 8:30 a.m. EST and are expected to fall to 0.2% from 0.4%.