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This Week’s Market Moving Events from Econoday

In Hot Stuff on August 12, 2013 at 10:22 AM

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From: Econoday <info>

Subject: This Week’s Market Moving Events from Econoday

Date: August 12, 2013 6:00:35 AM EDT

To: georgebenedict

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This Week’s Market Moving Events… View Full Calendar

This week is jam packed and indicators might actually outweigh FedSpeak. For the consumer, June retail sales were disappointing so the July numbers will get extra attention—especially at the core level. Industrial production looked good in June but the forerunner numbers for July are mixed. Manufacturing has been oscillating and the July production number may be on the soft side—but the forecast data are mixed. Housing starts are likely to be higher based on homebuilder sentiment—but wet weather on the east coast may still be an issue.

This Week's Calendar of Economic Events

Simply Economics
By R. Mark Rogers, Senior U.S. Economist

Waiting on the Fed
This past week, economic news was mixed along with corporate news. Markets continued to speculate on what the Fed might announce about tapering bond purchases in coming months at its September policy meeting. Increasingly, markets believe that there will be guidance of at least slight and gradual tapering. (Click to read entire article)


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