Things To Watch For Trading, Christmas Week 2010.

[ 0 ] December 19, 2010 |

Monday there will be dual POMO days as the Fed will pump of $18 bln into the market. On the earnings front watch for reports from Jefferies (JEF), Adobe (ADBE), Nike (NKE), Walgreen (WAG) and Carmax (KMX).

Monday, December 20

US Economics

No Economic Releases

Global Economic Data

Bank of Japan Monetary Policy Meetings
German Producer Prices
Euro-Zone Consumer Confidence
Australia Conference Board Lending

Earnings

Before: JEF

After: ADBE, DRI, JBL, PAYX

POMO Schedule

Treasury Coupon Purchase: 2/15/2018-11/15/2018: $7-9 bln
Treasury Coupon Purchase: 12/31/2014-5/31/2016: $6-8 bln

Tuesday, December 21

US Economics

No Economic Releases

Global Economic Data

Britain Consumer Confidence
New Zealand Credit Card Spending
Bank of Japan Interest Rate Decision
Swiss Trade Balance
Britain Public Finances
Canada Consumer Price Index
Canada Retail Sales
Japan Merchandise Trade

Earnings

Before: KMX, CCL, CMC, CAG

After: CTAS, FINL, FSII, HOV, NAV, NKE, PRGS, RHT, NCTY, TIBX

POMO Schedule

TIPS Purchase: 7/15/2012-2/15/2014: $1-2 bln

Wednesday, December 22

US Economics

07:00 MBA Mortgage Applications
08:30 GDP-Third Estimate 2.6% cons.
08:30 GDP Deflator-Third Estimate 2.3% cons.
10:00 Existing Home Sales 4.68 mln cons.
10:00 FHFA Home Price Index
10:30 Crude Inventories

Global Economic Data

Bank of England Minutes
Britain Current Account
Britain GDP
New Zealand GDP

Earnings

Before: AM, LNN, WAG

After: BBBY, CBK, MU

POMO Schedule

Treasury Coupon Purchase: 2/15/2021-11/15/2040: $7-9 bln

Thursday, December 23

US Economics

08:30 Initial Claims
08:30 Continuing Claims
08:30 Personal Income 0.2% cons.
08:30 Personal Spending 0.4% cons.
08:30 Durable Orders -0.8% cons.
08:30 Durable Orders ex. Transportation -0.8% cons.
09:55 Michigan Sentiment 73.7 cons.
10:00 New Home Sales 305k cons.

Global Econ Data

Canada GDP

Earnings

Before: GIGM, PNY

After:

Friday, December 24

U.S. Markets Closed

Share

Tags: , , ,

Category: Markets and Trading