Good morning – its Wednesday March 9th, the 68th day of 2005. With little economic news on deck for today traders will be keeping one eye looking forward to the release of the Federal Reserve’s Beige Book at 2:00 pm; one eye on the US dollar, as it continues to trade somewhat lower following yesterday’s broad sell-off.
First up: the weekly heart-in-mouth release at 10:30 am when the latest EIA Petroleum Status Report is issued.
US Market Calendar
- 7:00 am: MBA Purchase Applications1
- 10:30 am: EIA Weekly Petroleum Status Report
- 11:00 am: Consumer Comfort Index for the week ended March 4
- 1:00 pm: 5-year note auction
- 1:30 pm: Chicago Federal Reserve Bank President Michael Moskow speaks to the Investment Analysts Society – topic: U.S. economic outlook.
- 2:00 pm: Beige Book
Canadian Market Calendar
- 8:30 am: New Housing Price Index – Jan.
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. mortgage applications decrease last week
05.03.09 09:03 #