X*****s
发帖数: 2767 | 1 Since Ben Bernanke only initiated an extension of Operation Twist this past
week, the spotlight has now shifted to European politicians and their
impending summit next week on June 28 and 29. For Minyanville's breakdown of
what to expect at these summits, see What to Look for Next Week in European
Summits.
Upcoming economic data could point toward a recovery after last week's
housing data showed no great change. New Home Sales on Monday will be an
important datapoint. Manufacturing data was also weak last week, with the
Philly Fed index falling to -16.6 from 0. This week we have manufacturing
data from the Dallas, Kansas City, and Richmond Federal Reserve districts.
Positive movement should buoy a continued stock market rally.
Overseas, UK GDP could push the London FTSE index after the UK was rumored
to be downgraded by Moody's this past week, sending the index lower.
Eurozone consumer confidence will also be an important datapoint as German
and Italian business confidence fell to multi-year lows.
Key earnings reports include Nike (NKE), Research in Motion (RIMM), Lennar (
LEN), Monsanto (MON), and General Mills (GIS).
Monday, June 25
US Economics (Time Zone: EDT)
8:30 a.m. Chicago Fed Nat Activity Index- consensus, -0.4, prior 0.11
10:00 a.m. New Home Sales- consensus 345k, prior 343k
10:30 a.m. Dallas Fed Manufacturing Activity – consensus -1, prior -5.1
11:00 a.m. Fed to sell $8-$8.75b notes in 2-year range
11:30 a.m. Treasury to sell $30b 3-month, $27b 6-month bills
Global Economics (Time Zone: GMT)
6:00 EUR German GfK Consumer Confidence Survey
10:30 Germany to sell EU3b 1-year bills
11:00 Belgium to sell 5, 10, 20-year bonds
12:00 France to sell bills
Earnings
Before:
No major reports
After:
Apollo Group (APOL) EPS 96c revs 1.11B
Synnex (SNX) EPS 90c, revs 2.5B
Tuesday, June 26
US Economics (Time Zone: EDT)
9:00 am: S&P/CS 20 City M/m, April, est. 0.2%, prior 0.1%
9:00 am: S&P/Case-Shiller Home Price Index, prior 134.1
10:00 am: Consumer Confidence, June, consensus, 63.5 prior 64.9
10:00 am: Richmond Fed Manufacturing Index, consensus 5, prior 4
11:00 Fed to purchase $4.5b-5.5b in 8 to 10-year range
11:30 Treasury selling $25b 1-year bills, 4 weeks bills
1:00 Treasury selling $35b 2-year notes
Global Economics (Time Zone: GMT)
6:00 CHF UBS Consumption Indicator
8:30 GBP Public Finances
8:30 GBP PSNB ex Inventions
8:30 GBP Public Sector Net Borrowing
22:45 NZD Trade Balance
10:30 Spain to sell 3-month, 6-month bills
Earnings
Before:
Robbins & Myers (RBN) EPS 89c, revs 268M
After:
H & R Block HRB) EPS $2.02, revs 2.01B
Wednesday, June 27
US Economics (Time Zone: EDT)
7:00 am: MBA Mortgage Applications, prior -0.8%
8:30 am: Durable Goods Orders, consensus 0.5%, prior 0.0%
8:30 am: Durables Ex-Transportation, consensus 0.7%, prior -0.9%
8:30 am: Cap Goods Orders Nondef Ex Air, consensus 0.6%, prior -1.9%
10:00 am: Pending Home Sales M/m, consensus 1.3%, prior -5.5%
11:00 am: Fed to purchase $1.5b-2.2b notes in 25 to 30-year range
1:00 pm: U.S. to sell 5-year notes
Global Economics (Time Zone: GMT)
8:30 GBP BBA Loans for House Purchase
12:00 EUR German Consumer Price Index
23:15 JPY Nomura Manufacturing Purchasing Manager
23:30 JPY Retail Trade
23:50 JPY Large Retailers’ Sales
Earnings
Before:
Commercial Metals (CMC) EPS 37c, revs 2.15
General Mills (GIS) EPS 59c, revs 4.11B
Lennar (LEN) EPS 17c, revs 906M
McCormick (MKC) EPS EPS 61c, revs 968M
Monsanto (MON) EPS $1.60, revs 4.01B
After:
No major reports
Thursday, June 28
US Economics (Time Zone: EDT)
8:30 am: GDP Q/q, 1Q revised, consensus 1.9%, prior 1.9%
8:30 am: Personal Consumption, 1Q revised, consensus 2.7%, prior 2.7%
8:30 am: GDP Price Index, 1Q revised, consensus 1.7%, prior 1.7%
8:30 am: Core PCE Q/Q, 1Q revised, consensus 2.1%, prior 2.1%
8:30 am: Initial Jobless Claims, consensus 385k, prior 387k
8:30 am: Continuing Claims, prior 3.299m
9:45 am: Bloomberg Consumer Comfort, prior -37.9
11:00 am: Kansas City Fed Manufacturing Activity, consensus 4, prior 9
11:00 am: Fed to sell $8-8.75b notes in 2 to 3-year range
1:00 pm: Treasury to sell $29b in 7-year notes
Global Economics (Time Zone: GMT)
1:00 AUD HIA New Home Sales
1:00 NZD NBNZ Activity Outlook and Business Confidence
1:30 EUR German June Unemployment Data
7:55 EUR German Unemployment Change
8:30 GBP Gross Domestic Product
8:30 GBP Current Account
8:30 GBP Total Business
9:00 EUR Euro-Zone Consumer Confidence
22:45 GBBP GfK Consumer Confidence
23:30 JPY Jobless Rate
23:30 JPY Household Spending
23:30 JPY National Consumer Price Index
23:30 JPY Industrial Production
9:00 Italy to sell bonds
Earnings
Before:
Family Dollar (FDO) EPS $1.07, revs 2.37B
Shaw Comms (SJR) EPS 44c, revs 1.30B
After:
Accenture (ACN) EPS 9c, revs 7.16B
Nike (NKE) EPS 1.37c, revs 6.51B
Research in Motion (RIMM) EPS -0.7c, revs 3.04B
Friday, June 29
US Economics (Time Zone: EDT)
8:30 am: Personal Income, consensus 0.2%, prior 0.2%
8:30 am: Personal Spending, consensus 0.0%, prior 0.3%
8:30 am: PCE Deflator M/m, consensus -0.1%, prior 0.0%
8:30 am: PCE Core M/m, consensus 0.2%, prior 0.1%
9:45 am: Chicago Purchasing Manager, consensus 53.7, prior 52.7
9:55 am: University of Michigan consumer sentiment, consensus 74.4, prior 74
.1
11:00 am: Fed to purchase $4.25b-$5.25b notes in 6 to 8-year range
Global Economics (Time Zone: GMT)
1:30 CNY Industrial Profits
1:30 AUD Private Sector Credit
2:30 CNY HSBC Manufacturing PMI
5:00 JPY Annualized Housing Starts
7:00 CHF KOF Swiss Leading Indicator
9:00 EUR Euro-Zone Consumer Price Index
12:30 CAD GDP
Earnings
Before:
KB Home (KBH) EPS -0.33c, revs 295M
Read more: http://www.minyanville.com/business-news/markets/articles/economic-data-earnings-reports-econ-data/6/22/2012/id/41949#ixzz1ylo9r1F7 | v*****k
发帖数: 7798 | 2 Friday is very interesting-- with lots of important data and being the last
day of the month. Will see if we are gonna have a window dressing day. |
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