April 23, 2019 10:53 PM RSS

The Week Ahead Sees Lots of Fedspeak & ECB Annual Report

  • Wall Street Rebel | Geoff Garbacz
  • 01/13/2019 10:12 PM
The Week Ahead Sees Lots of Fedspeak & ECB Annual Report

The top areas facing the market in this trading week are:

1.Geopolitical and Fiscal Events. The U.S. Government remains in a limited shut down. Tuesday sees Federal Reserve Minneapolis, Cleveland and Dallas Presidents Kashkari, George and Kaplan speak. Tuesday also sees ECB Head Mario Draghi present the annual report of the ECB. Wednesday sees Federal Reserve Beige Book released. Thursday sees Federal Reserve Board of Governors member Randall Quarles speak. Friday sees Federal Reserve New York and Philadelphia Presidents Williams and Harker speak.

2.Economic Releases. Releases of note this week and next include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as PPI, Empire Manufacturing, NAHB Housing Index, Federal Reserve Beige Book, Philadelphia Fed Manufacturing Index, Industrial Production and University of Michigan Consumer Sentiment.

3.Earnings Releases. Notable releases this upcoming week include C SJR JPM UNH BAC USB TSM NFLX SLB VFC.

Monday, January 14

Government Shutdown is now in its fourth week with little signs of ending.

Tuesday, January 15

December PPI is due out at 8:30 a.m. EDT and is expected to drop to -0.1% from 0.1%.

Empire Manufacturing Index is due out at 8:30 a.m. EDT and is expected to rise to 12.2 from 10.9.

European Central Bank (ECB) Head Mario Draghi releases the annual report of the bank. Wednesday, January 16

January NAHB Housing Market Index is due out at 100:00 a.m. EDT and is expected to remain at 56.

January Federal Reserve Beige Book is due out at 2:00 p.m. EDT.

Thursday, January 17

January Philadelphia Manufacturing Index is due out at 8:30 a.m. EDT and is expected to rise to 10.5 from 9.4.

Friday, January 18

December Industrial Production is due out at 9:15 a.m. EDT and is expected to fall to 0.2% from 0.6%.

The University of Michigan Consumer Sentiment Preliminary Survey is due out at 10:00 a.m. EDT and is expected to fall to 96 from 98.3.

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