Good morning, its Monday May 2nd, the 122nd day of 2005, and the day before the Federal Open Market Committee next meets and releases its update on interest rate policy.
Crude oil is off 0.64% at 49.38 before the open; Natural gas is off 0.36% and Gold is also somewhat weaker down 0.71% from Friday at 432.90.
Most of the fireworks this week are going to be saved up for tomorrow, giving us time to decide what we might want to buy or sell depending on what the FOMC comes out with.
US Market Calendar
- 10:00 am: ISM Index – Apr.
- 10:00 am: Construction Spending – Mar.
- 4:00 pm: Auto Sales – Apr.
Canadian Market Calendar
- No releases scheduled
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.
05.05.02 09:28 #