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Feb 23 2015

This Week’s Market Moving Events

Market Recap:

Stocks climbed sharply to end at all-time highs in Friday as details of a compromise to avert a shutdown of Greek banks between Eurozone finance ministers and Greek officials were made public. While market participants were elated, Germans were not, and so the drama will likely continue next week.

Looking Ahead:

It will be another busy week of economic data releases, as inflation and manufacturing data come into focus. Speeches by Janet Yellen and a second look at Fourth Quarter GDP data could make the later part of the week more volatile. Don’t miss our President, Oliver Pursche, on Bloomberg Television Monday afternoon at 4:00 PM, and CNBC Tuesday afternoon at 3:45 PM.

This Week’s Market Moving Events:

  • Monday: Chicago Fed National Activity data, Existing Home Sales, PMI Services data and Dallas Manufacturing data.
  • Tuesday: US Consumer Confidence, Janet Yellen speaks, Case Shiller Home Prices, Richmond Fed Manufacturing data and Chinese Flash PMI
  • Wednesday: New Home Sales, Mortgage Applications, Janet Yellen speaks, Petroleum report
  • Thursday: Eurozone economic data and consumer sentiment, US Jobless Claims, Durable Goods orders, Consumer Prices and Consumer Comfort data
  • Friday: US Q4 GDP (second reading), Chicago PMI and Pending Home sales.