Joined Dec 4, 2012
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The Week Ahead: Earnings, Fedspeak And Economic Data

1. Geopolitical Events. On Tuesday Minneapolis Federal Reserve President Neil Kashkari will speak on the economy at 8:30 a.m. EST and Federal Reserve Vice Chairman Stanley Fisher speaks at the same time. Also on Tuesday IMF Head Christine Lagarde will speak from Dubai before markets open. On Wednesday Richmond Federal Reserve President Jeffrey Lacker speak at 8:00 a.m. EST, Dallas Federal Reserve President Robert Kaplan at 11:45 a.m. EST and St, Louis Federal Reserve President Bullard will speak at 6:30 p.m. EST in separate events. President Obama will meet with King Abdullah of Jordan on Wednesday. On Thursday San Francisco Federal Reserve President John Williams will speak at 12:00 p.m. EST.

2. Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and consumer confidence, existing home sales, new home sales, durable goods, Q4 GDP, Personal Income and Michigan Sentiment.

3. Earnings Releases. Notable releases include MSI LNT HD BMO RY LOW BUD KHC AMT SRE.

Monday, February 22:

The Mobile World Congress begins in Barcelona, Spain.

Tuesday, February 23:

International Monetary Fund (IMF) Head Christine Lagarde speaks from Dubai.

Saudi Oil Minister Ali Al-Naimi speaks in Houston, working on getting time.

February Consumer Confidence is due out at 10:00 a.m. EST and is expected to fall to 97.5 from 98.10.

At 10:00 a.m. EST, January New Home Sales are expected to fall to 5.35 from 5.46 million.

Wednesday, February 24:

President Obama meets with King Abdullah of Jordan at the White House.

January New Home Sales are due out at 10:00 a.m. EST and are expected to fall to 520,000 from 544,000.

The latest NYSE and NASDAQ Short Interest Data are due out after the close.

Thursday, February 25:

January Durable Goods are expected to improve to 2.5% from -5.0% at 8:30 a.m. EST.

Friday, February 26:

Q4 GDP is released at 8:30 a.m. EST and is expected to move to 0.5% from 0.7%.

January Personal Income is due out at the same time and is expected to rise to 0.4% from 0.3%.

At 10:00 a.m. EST February Michigan Sentiment is due out and expected to fall to 91 from 91.7.

Germany and Greece have its credit rating reviewed by Moody’s.

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