Bursa: Next Week Important Economic Data:

duminică, 22 ianuarie 2012

Next Week Important Economic Data:

Next Week Important Economic Data:

Next week there are high hopes in the market for good macroeconomic data and great quarterly results. My calculations on some collateral data says that next week economic data will surprise to the downside. The Friday GDP is expected at +3,1%, based on my preliminary data of Trade Balance, Business Inventories, Retail Sales, Industrial&Manufacturing Production and other data I think the GDP will come lower at around 2 to 2,5%. Also the Thursday durable goods number I think they will come lower than the estimate. Estimates are for +1,0 and my calculation shows a +0,2% gain. We will see. It is possible on Wednesday at the FOMC meeting to hear the first thoughts regarding raising interest rates in USA. I think chairman Ben Bernanke will clarify this at the press conference which follows the announcement.

In Romania next week, i assume the media will continually reflect the protests from Universitatii Square. So far these protests haven't had any impact on the Bucharest Stock Exchange or on the RON currency. The Institute of Statistics will publish on Friday the Building Permits for the month of December. Have a great week everybody.

Monday 23 January Quarterly results from: Haliburton, Western Digital

Tuesday 24 January Quarterly results from: Apple, AMD, Dupont Johnson&Johnson, McDonalds, Travelers, Verizon, Yahoo
USA - 21:00 - Obama State of the Union Speech
EU - 3:00 - 4:00 Flash Manufacturing PMI
- All Day - ECOFIN Meeting
- 5:00 - Industrial New Orders

Wednesday 25 January Quarterly results from: Boeing, United Technologies, Xerox
USA - 12:30 - FOMC Interest rate decision + Statement
- 14:15 - Ben Bernanke Press Conference
EU - 4:00 - German IFO
- All Day - Davos - World Economic Forum - Day 1
- 8:15 - Mario Draghi Speech
GBP - 4:30 - Preliminary GDP q/q
- 6:00 - CBI Indutrial Order Expectations

Thursday 26 January Quarterly results from: 3M, AT&T, Caterpillar
USA - 8:30 Durable Goods Orders
- 8:30 Unemployment Claims
- 10:00 New Home Sales
- 10:00 CB Leading Indicators
EU - All Day - Davos - World Economic Forum - Day 2
GBP - 6:00 CBI Realized Sales

Friday 27 January Quarterly results from: Chevron, Ford, Procter&Gamble
USA - 8:30 Advance GDP q/q
EU - All Day - Davos - World Economic Forum - Day 3

3 comentarii:

BC23 ianuarie 2012 la 22:46
Very interesting post!
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Vasile Szakacs23 ianuarie 2012 la 23:20
Thank you. I think right now the markets are awaiting the results of the Greek debt talk. We'll see in a couple of days what will the outcome be.
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Anonim24 ianuarie 2012 la 09:22
i hope we have a great week :)
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