February 16, 2019 12:44 PM RSS

The Week Ahead For August 29th- September 2nd

  • Wall Street Rebel | Geoff Garbacz
  • 08/29/2016 08:28 AM
The Week Ahead For August 29th- September 2nd

1.Geopolitical Events. On Wednesday at 8:00 a.m. EDT, Federal Reserve Minneapolis President Neel Kashkari will participate in a forum on the role of the Federal Reserve. Also, on Wednesday Federal Reserve Boston President Eric Rosengren will participate in a panel on China before markets open. Finally on Wednesday Treasury Secretary Jack Lew will speak about the G-20 meeting that begins over the weekend. On Thursday Federal Reserve Cleveland President Loretta Mester will speak at 12:25 p.m. EDT. On Friday President Obama will travel to China for the G-20 Meeting. Federal Reserve Richmond President Jeffrey Lacker will speak about interest rate benchmarks at 1:00 p.m. EDT.

2. Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and personal income, consumer confidence, PMI, China Manufacturing PMI, Eurozone PMI, construction spending, ISM Manufacturing PMI, nonfarm payrolls and the unemployment rate along with factory orders.

3. Earnings Releases. Notable releases include BNS PANW HRB DSW CRM CTRP AVGO CPB LULU COO CIEN JOY.

Monday, August 29:

July Personal Income is due out at 8:30 a.m. EDT and is expected to improve to 0.5% from 0.2%.

Tuesday, August 30:

August Consumer Confidence is due out at 10:00 a.m. EDT and is expected to rise to 97.5 from 97.3.

Wednesday, August 31:

August PMI is due out at 10:00 a.m. EDT and is expected to fall to 54 from 55.8.

Treasury Secretary Jack Lew speaks about the upcoming G-20 Meeting.

Chinese Manufacturing PMI is due out at 10:00 p.m. EDT.

Thursday, September 1:

July Construction Spending is due out at 10:00 a.m. EDT and is expected to come in at 0.8% from -0.6%.

August ISM Manufacturing PMI is also due out at 10:00 a.m. EDT and is expected to fall to 52 from 52.6.

Eurozone PMI is due out early at 4:50 a.m. EDT.

Friday, September 2:

August Nonfarm Payrolls is due out at 8:30 a.m. EDT and is expected to come in at 180,000 from 255,000 in July. The unemployment rate is expected to drop to 4.8% from 4.9%

July Factory Orders are due out at 10:00 a.m. EDT and are expected to come in at 2.1% from -1.5%

President Obama heads to China for the G-20 Conference that begins over the weekend.

Become A Wall Street Rebel

[Image: Pile of cash]
Rebel Yell Morning Market Report
Market Alerts     Special Offers
Free subsciptions to affiliated products based on my profile

Latest News