Post by jeffolie on Nov 9, 2013 8:38:43 GMT -6
Schedule for Week of November 10th
by Bill McBride on 11/09/2013
The key reports this week are the October Industrial Production and Capacity Utilization report and the September Trade Balance report.
On Thursday, there will be a confirmation hearing for Janet Yellen as the new Fed Chair. Yellen is qualified, has an excellent track record (she has been "hawkish" when appropriate, and "dovish" when appropriate), and I expect she will be confirmed by a large majority.
----- Monday, November 11th -----
Government offices, banks and the bond market will be closed in observance of the Veteran's Day holiday. Stock markets will be open.
----- Tuesday, November 12th-----
7:30 AM ET: NFIB Small Business Optimism Index for October.
8:30 AM ET: Chicago Fed National Activity Index for September. This is a composite index of other data.
----- Wednesday, November 13th -----
7:00 AM: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
----- Thursday, November 14th -----
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to decrease to 330 thousand from 336 thousand last week.
U.S. Trade Exports Imports8:30 AM: Trade Balance report for September from the Census Bureau.
Imports and export were mostly unchanged in August.
The consensus is for the U.S. trade deficit to increase to $39.1 billion in September from $38.8 billion in August.
10:00 AM: Confirmation Hearing, Nominee for Fed Chair Janet Yellen
11:00 AM: The Q3 2013 Quarterly Report on Household Debt and Credit will be released by the Federal Reserve Bank of New York.
----- Friday, November 15th -----
8:30 AM: NY Fed Empire Manufacturing Survey for November. The consensus is for a reading of 5.5, up from 1.5 in October (above zero is expansion).
Industrial Production 9:15 AM: The Fed is scheduled to release Industrial Production and Capacity Utilization for October.
This graph shows industrial production since 1967.
The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to be unchanged at 78.3%.
10:00 AM: Monthly Wholesale Trade: Sales and Inventories for September. The consensus is for a 0.4% increase in inventories
www.calculatedriskblog.com/
by Bill McBride on 11/09/2013
The key reports this week are the October Industrial Production and Capacity Utilization report and the September Trade Balance report.
On Thursday, there will be a confirmation hearing for Janet Yellen as the new Fed Chair. Yellen is qualified, has an excellent track record (she has been "hawkish" when appropriate, and "dovish" when appropriate), and I expect she will be confirmed by a large majority.
----- Monday, November 11th -----
Government offices, banks and the bond market will be closed in observance of the Veteran's Day holiday. Stock markets will be open.
----- Tuesday, November 12th-----
7:30 AM ET: NFIB Small Business Optimism Index for October.
8:30 AM ET: Chicago Fed National Activity Index for September. This is a composite index of other data.
----- Wednesday, November 13th -----
7:00 AM: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
----- Thursday, November 14th -----
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to decrease to 330 thousand from 336 thousand last week.
U.S. Trade Exports Imports8:30 AM: Trade Balance report for September from the Census Bureau.
Imports and export were mostly unchanged in August.
The consensus is for the U.S. trade deficit to increase to $39.1 billion in September from $38.8 billion in August.
10:00 AM: Confirmation Hearing, Nominee for Fed Chair Janet Yellen
11:00 AM: The Q3 2013 Quarterly Report on Household Debt and Credit will be released by the Federal Reserve Bank of New York.
----- Friday, November 15th -----
8:30 AM: NY Fed Empire Manufacturing Survey for November. The consensus is for a reading of 5.5, up from 1.5 in October (above zero is expansion).
Industrial Production 9:15 AM: The Fed is scheduled to release Industrial Production and Capacity Utilization for October.
This graph shows industrial production since 1967.
The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to be unchanged at 78.3%.
10:00 AM: Monthly Wholesale Trade: Sales and Inventories for September. The consensus is for a 0.4% increase in inventories
www.calculatedriskblog.com/