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Back :: The Day Ahead

The Day Ahead

Good morning, today is Wednesday February 3rd, the 33rd day of 2005. How did 1/12th of the year disappear so quickly?

On an otherwise light day on the economic news calendar, markets and their traders are poised to mark a little time in advance of today’s FOMC interest rate policy announcement at 2:15 pm ET. But first at 10:30 we’ll get to see if the latest EIA Petroleum Inventory Report justifies the continued strength and resiliency crude has shown.

Also of note for this evening is the US President’s State of the Union Address at 9:00 pm ET.

US Market Calendar

  • 7:00 am: MBA Purchase Applications
  • 10:00 am: Challenger Layoff Report – Jan.
  • 10:30 am: EIA Weekly Petroleum Status Report
  • 2:15 pm: FOMC Announcement
  • 3, 5 & 10-year note auction announcement
  • 9:00 pm : President George W. Bush delivers annual State of the Union address to Congress .

Canadian Market Calendar

  • 10-year bond auction

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.

05.02.02 08:58 #