Good morning, on this the 48th day of 2005. On deck today again is Fed Chairman Greenspan being questioned by House representatives for several hours this morning; the Philly Fed index at 12 is also a closely watched measure which occasionally moves markets.
Hot on the heels of Chairman Greenspan’s testimony yesterday where he stated that import prices are unlikely to remain as contained as in recent past, today’s import prices index rose 0.9%, the first rise in three months.1
US Market Calendar
- 8:30 am: Trade Price Indices – Jan.1
- 8:30 am: Initial Claims – Feb. 12th week
- 10:00 am: Leading Indicators – Jan.
- 10:00 am: Fed chairman Alan Greenspan speaks on the Semmiannual Report on Monetary Policy and responds to questions from members of the House of Representatives Financial Services Committee
- 12:00 pm: Philadelphia Fed Index – Feb.
Canadian Market Calendar
- 8:30 am: International Securities Transactions – Dec.
Earnings and the Federal Reserve
For earnings highlights, please see today's WSJ Earnings Calendar.
For a list of upcoming speeches, congressional testimony, Federal Open Market Committee material, and statistical releases, please visit the What's Next page of The Federal Reserve Board website. Recently released Federal Reserve Board material, including market moving FOMC decisions and speeches by members, will be found on their What's New page.
1 U.S. January Import Prices Rise 0.9%; Ex-Petroleum Up 0.2%
05.02.17 08:01 #