Trading Radar: Big Week for Economic Data
Economics, earnings reports, and market events for the week ahead.
In Europe, a Spanish bailout will likely continue to make headlines throughout the week. There is the possibility that Spain may ask for an enhanced credit line from the EU on Friday. The UK will report its GDP, Germany will report CPI and consumer confidence, and Japan will report employment and industrial production.
In earnings, key reports include Lennar Homes (NYSE:LEN), Nike (NYSE:NKE), Discover Financial (NYSE:DFS), and Walgreen (NYSE:WAG).
Monday, September 24
US Economics (Time Zone: EDT)
08:30 Chicago Fed – prior -0.13
10:30 Dallas Fed – prior -1.6
11:00 Fed to buy $1.5b-$2b notes in 25 to 30-year range
11:30 Treasury to sell $32b 3-month, $28b 6-month bills
Global Economics (Time Zone: GMT)
08:30 EUR German IFO Business Climate
10:30 Germany to sell EU3b in 12-month bills
13:00 France to sell in bills
Lennar (LEN) EPS 28c
Red Hat (RHT) EPS 29c
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