iBankCoin
Joined Dec 4, 2012
319 Blog Posts

The Week Ahead: Historic Week As Cuba Goes Legit

1.Geopolitical and Fiscal Events.

Monday sees Federal Reserve Richmond President Lacker speak at 2:45 p.m. EDT and Atlanta President Lockhart speaks at 12:30 p.m. EDT. Monday night Federal Reserve President Bullard speaks at 8:30 a.m. EDT. Over the weekend, President Obama headed to Cuba and remains there until Tuesday.

Tuesday sees Federal Reserve Chicago President Evans speaks at 12:30 p.m. EDT.

Federal Reserve Philadelphia President Harker speaks at 6:30 p.m. EDT on Wednesday.

Thursday sees Federal Reserve St. Louis President Bullard speak at 8:15 a.m. EST.

2.Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and existing home sales, new home sales, durable goods and Q4 GDP (final read).

3.Earnings Releases. Notable releases include IHS YY NKE RHT GIS PVH CAN GME.

Monday, March 21:

February Existing Home Sales is due out at 10:00 a.m. EDT and is expected to drop to 5.31 million from 5.47 million.

Markets are closed in Japan.

President Obama continues his Cuba trip.

Tuesday, March 22:

Caucuses are held in Utah and Idaho, while Arizona holds a primary.

Wednesday, March 23:

February New Home Sales is due out at 10:00 a.m. EDT and is expected to rise to 510,000 from 494,000.

President Obama continues his spring break tour with a visit to Argentina.

Thursday, March 24:

February Durable Goods is due out at 8:30 a.m. EDT and is expected to drop to -2.5% from 4.7%.

The U.S. bond market closes early at 2:00 p.m. EDT.

The latest short interest data from the NYSE and NASDAQ is due out after the close.

Friday, March 25:

Markets are closed in the U.S. and around the world for Good Friday.

Q4 GDP (final) is released at 8:30 a.m. EDT and is expected to remain at 1.0%.

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