Saturday, July 12, 2014

UP COMING WEEK


If you've heard of Humphrey, then you probably heard of Hawkins. And no they're not distant cousins of yin and yang

It's about the Federal Reserve Bank Chairperson traipsing up Capitol Hill to fill the lads and lassies in on what's up with the economy. 

Several finance firms are on the docket along with some techies to release earnings reports. And a relative biggie June retails sales numbers.

Monday, July 14

US Economics (Time Zone: EST)

No major reports scheduled
11:00 Fed to purchase $1b-$1.25b bonds in 22-30 year range
11:30 Treasury to sell $25b 3-month bills and $23b 6-month bills

Fedspeak:

1:10pm Williams to speak in Sun Valley, Idaho

Global Economics (Time Zone: GMT)

CNY Foreign Direct Investment
09:00 EUR Eurozone Industrial Production

16:30 Draghi speaks to EU Parliament Committee

Earnings

Before:
Citigroup (C)

Tuesday, July 15

US Economics (Time Zone: EST)

08:30 Advance Retail Sales (June) - expected 0.6%, prior 0.3%
08:30 Retail Sales Ex-Auto - exp 0.5%, prior 0.1%
08:30 Retail Sales Ex-Auto & Gas - exp 0.5%, prior 0.0%
08:30 Import Price YoY - exp 1.1%, prior 0.4%
08:30 Empire Manufacturing (July) - exp 17, prior 19.28
10:00 Business Inventories (May) - exp 0.6%, prior 0.6%
11:00 Treasury to sell 4-week bills

Fedspeak

10:00am Yellen (dove, chair) to give semi-annual Humphrey Hawkins testimony to Senate Committee

Global Economics (Time Zone: GMT)

BoJ Monetary Policy Statement
01:30 AUD Minutes of RBA July Meeting
08:30 GBP CPI & PPI
09:00 EUR German ZEW Survey - Current Situation, Expectations
13:00 CAD Existing Home Sales

9:00am Carney to testify to House of Commons Treasury Committee

Earnings

Before:
JPMorgan (JPM)
Goldman Sachs (GS)

After:
CSX (CSX)
Intel (INTC)
Yahoo! (YHOO)
Johnson & Johnson (JNJ)

Wednesday, July 16

US Economics (Time Zone: EST)

07:00 MBA Mortgage Apps
08:30 PPI Final Demand YoY (June) - expected 1.8%, prior 2.0%
08:30 PPI Ex Food & Energy YoY - exp 1.7%, prior 2.0%
09:00 Net Long-term TIC Flows (May) - exp $25B, prior -$24.2B
09:00 Total Net TIC Flows - prior $136.8B
09:15 Industrial Production (June) - exp 0.4%, prior 0.6%
09:15 Capacity Utilization - exp 79.3%, prior 79.1%
10:00 NAHB Housing Market Index (Jul) - exp 50, prior 49
2:00 Fed's Beige Book

Fedspeak:

10:00am Yellen (dove, chair) to give semi-annual testimony to House Committee
12:00pm Fisher (hawk, voter) speaks in Los Angeles

Global Economics (Time Zone: GMT)

02:00 CNY Fixed Asset Investment
02:00 CNY Retail Sales
02:00 CNY Industrial Production
02:00 CNY GDP
08:30 GBP ILO 3M Unemployment Rate (May)
14:00 CAD BoC Rate Decision

Earnings

Before:
Abbott Labs (ABT)
US Bancorp (USB)
Blackrock (BLK)
Bank of America (BAC)
St Jude Medical (STTJ)

After:
Sandisk (SNDK)
Yum! Brands (YUM)
eBay (EBAY)
Las Vegas Sands (LVS)
Kinder Morgan (KMI)

Charles Schwab (SCHW)
PNC Financial (PNC)

Thursday, July 17

US Economics (Time Zone: EST)

08:30 Initial Jobless Claims, June 28, exp. 310k, prior 304k
08:30 Continuing Claims - exp 2583K, prior 2854k
08:30 Housing Starts (June) - exp 1025K, prior 1001K
08:30 Building Permits - exp 1042K, prior 991K
10:00 Philly Fed - exp 16.0, prior 17.8
11:00 Fed to purchase $1.75b-$2.25b notes in 4 to 5-year range

Fedspeak

1:35pm Bullard (hawk, nonvoter) speaks in Kentucky

Global Economics (Time Zone: GMT)

Japan Investors Purchases of Foreign Stocks/Bonds
09:00 EUR Eurozone CPI

Earnings

Before:
Baker Hughes (BHI)
Sherwin-Williams (SHW)
Keycorp (KEY)
UnitedHealth (UNH)
Mattel (MAT)
Fifth Third Bancorp (FITB)
Philip Morris (PM)
Morgan Stanley (MS)
WW Grainger (GWW)

After:
Capital One Financial (COF)
IBM (IBM)
Schlumberger (SLB)
Skyworks (SWKS)
Google (GOOG)

Advanced Micro Devices (AMD)
Blackstone (BX)

Friday, July 18

US Economics (Time Zone: EST)

09:55 University of Michigan Consumer Confidence (July prelim) - expected 83.0, prior 82.5
10:00 Leading Index (June) - exp 0.5%, prior 0.5%

Global Economics (Time Zone: GMT)

01:30 CNY June Property Prices
12:30 CAD CPI

Earnings

General Electric (GE)
Kansas City Southern (KSU)
Bank of NY Mellon (BNY)
Honeywell (HON)

As noted below this data is from the website Minyanville, one of the better sites we follow.

Twitter: @MichaelSedacca
Read more: http://www.minyanville.com/business-news/markets/articles/bank-earnings-earnings-report-china-gdp/7/11/2014/id/55531#ixzz37E5YlSZo

No comments: