THIS WEEK'S MARKET MOVERS

Monday, April 29

US Economics (Time Zone: EDT)

08:30 Personal Income - consensus 0.4%, prior 1.1%
08:30 Personal Spending - consensus 0.1%, prior 0.7%
08:30 PCE Deflator YoY - prior 1.3%
08:30 PCE Core YoY - consensus 1.3%, prior 1.3%
10:00 Pending Home Sales MoM - consensus 0.9%, prior -0.4%
10:30 Dallas Fed - prior 7.4
11:00 Fed buying $1.25b - $1.75b notes in 23 to 30-year range
11:30 Treasury selling $29b 3-month bills, $24b 6-month bills

Global Economics (Time Zone: GMT)

09:00 EUR Eurozone Consumer Confidence
12:00 EUR German CPI
23:30 JPY Jobless Rate
23:50 JPY Industrial Production
23:50 JPY Household Spending

Earnings

After:
Masco (MAS)
Newmont Mining (NEM)
Buffalo Wild Wings (BWLD)
Riverbed (RVBD)


Tuesday, April 30

US Economics (Time Zone: EDT)

08:30 Employment Cost Index - consensus 0.5%, prior 0.5%
09:00 NAPM Milwaukee - prior 50.98
09:00 S&P/Case-Shiller 20 City Composite Yoy - consensus 8.9%, prior 8.08%
09:45 Chicago PMI - consensus 53, prior 52.4
10:00 Consumer Confidence - consensus 60, prior 59.7
11:00 Fed buying $4.25b - $5.25b notes in 4 to 4.5-year range
11:30 Treasury selling 4-week bills, $23b in 52-week bills

Global Economics (Time Zone: GMT)

05:00 JPY Housing Starts
07:55 EUR German Unemployment
08:30 GBP Net Consumer Credit
09:00 EUR CPI
09:00 EUR Eurozone Unemployment Rate
12:30 CAD GDP

Earnings

Before:
Archer Daniels Midland (ADM)
Cummins (CMI)
Starwood Hotels (HOT)
Avon Products (AVP)
Valero Energy (VLO)
Aetna (AET)
Legg Mason (LM)
Sirius (SIRI)
Regal Entertainment (RGC)

After:
Equity Residential (EQR)
Fortinet (FTNT)
Office Depot (ODP)
3D Systems (DDD)


Wednesday, May 1

US Economics (Time Zone: EDT)

07:00 MBA Mortgage Index
08:15 ADP Employment Change - consensus 155K, prior 158K
08:58 Markit US Final PMI
10:00 Construction Spending - consensus 0.5%, prior 1.2%
10:00 ISM Manufacturing - consensus 51, prior 51.3
10:00 ISM Prices Paid - consensus 52.6, prior 54.5
2:00 FOMC Rate Decision
5:00 Total Vehicle Sales - consensus 15.3M, prior 15.22M
5:00 Domestic Vehicle Sales - consensus 12.1M, prior 12M

Global Economics (Time Zone: GMT)

01:00 CNY Manufacturing PMI
08:30 GBP Manufacturing PMI
11:00 Italy to sell bonds
11:30 Germany selling EU2b 30-year bonds

Earnings

Before:
CVS Caremark (CVS)
Time Warner (TWX)
Chesapeake Energy (CHK)
Devon Energy (DVN)
Mastercard (MA)
Knight Capital (KCG)
Phillips 66 (PSX)

After:
Marriott (MAR)
Avis Budget (AVS)
Tesoro (TSO)
CBS (CBS)
JDS Uniphase (JDSU)
Visa (V)
Yelp (YELP)
Comcast (CMCSA)
Viacom (VIA)
Caesars Entertainment (CZR)


Thursday, May 2

US Economics (Time Zone: EDT)

08:30 Initial Claims –  prior 339K
08:30 Continuing Claims –  prior 3000K
08:30 Trade Balance - consensus -$42.3B, prior -$43B
08:30 Nonfarm Productivity - consensus 1.7%, prior -1.9%

Global Economics (Time Zone: GMT)

08:00 EUR Eurozone Manufacturing PMI
08:30 GBP Construction PMI
11:45 ECB Rate Decision

Earnings

Before:
MGM Resorts (MGM)
Ocwen Financial (OCN)
Beazer Homes (BZH)
Monster Worldwide (MWW)
Nu Skin (NUS)
CME Group (CME)
Alpha Natural Resources (ANR)
Cigna (CI)
Fortress Investment Group (FIG)
Kellogg (K)

After:
Kraft (KRFT)
LinkedIn (LNKD)
Standard Pacific (SPF)
American Capital Agency (AGNC)
Tempur Pedic (SPX)
OpenTable (OPEN)
Gilead Sciences (GILD)


Friday, May 3

US Economics (Time Zone: EDT)

08:30 Nonfarm Payrolls - consensus 155K, prior 88K
08:30 Private Payrolls - consensus 170K, prior 95K
08;30 Manufacturing Payrolls - consensus 5K, prior -3K
08:30 Unemployment Rate - consensus 7.6%, prior 7.6%
08:30 Average Workweek - consensus 34.6, prior 34.6
10:00 Factory Orders - consensus 1.3%, prior 3.0%
10:00 ISM Non-manufacturing Composite - consensus 54.4, prior 54.4

Global Economics (Time Zone: GMT)

01:00 CNY Non-manufacturing PMI
01:30 AUD Producer Price Index
06:00 CHF UBS Real Estate Bubble Index
08:30 GBP Services PMI
09:00 EUR Eurozone PPI

Earnings

Before:
Regeneron (REGN)
Moody's (MCO)
Duke Energy (DUK)

THIS WEEKS MARKET OUTLOOK

THIS WEEK'S MARKET OUTLOOK

THIS WEEK'S MARKET OUTLOOK

THIS WEEK'S MARKET MOVERS

Monday, April 1

US Economics (Time Zone: EDT)

08:58 Markit US PMI Final - consensus 55.2
10:00 Construction Spending - consensus 0.8%, prior -2.1%
10:00 ISM Manufacturing - consensus 54.2, prior 54.2
10:00 ISM Prices Paid - consensus 59.5, prior 61.5
11:00 Fed buying $2.75b-$3.5b notes in 7 to 10-year range
11:30 Treasury selling $35b 3-month bills, $30b 6-month bills

Global Economics (Time Zone: GMT)

JPY Tankan Manufacturing Indexes
01:00 CNY Manufacturing PMI
01:45 CNY HSBC Manufacturing PMI

Earnings

No major earnings


Tuesday, April 2

US Economics (Time Zone: EDT)

09:45 ISM New York - prior 58.8
10:00 Factory Orders - consensus 2.5%, prior -2.0%
10:00 IBD/TIPP Economic Optimism - prior 42.2
5:00 Vehicle Sales - consensus 15.30M, prior 15.33M
5:00 Domestic Vehicle Sales - consensus 12.04M, prior 11.99M
11:00 Fed to buy $1.25b-$1.75b notes in 23 to 30-year range
11:30 Treasury selling 4-week bills, $25b 52-week bills

1:30 Fed's Lockhart speaking in Alabama
7:30 Fed's Evans and Lacker speaking in Virginia

Global Economics (Time Zone: GMT)

03:30 AUD Reserve Bank of Australia Decision
07:30 CHF SVME PMI
08:00 EUR Eurozone Manufacturing PMI
08:30 GBP Manufacturing PMI
09:00 EUR Eurozone Unemployment Rate
12:00 EUR German CPI

Earnings

No major earnings

Wednesday, April 3

US Economics (Time Zone: EDT)

07:00 MBA Mortgage Index
08:15 ADP Employment Change - consensus 198K, prior 198K
10:00 ISM Non-manufacturing Composite - consensus 56, prior 56
11:00 Fed buying $3b-$3.75b notes in 5.5 to 7-year range

3:30 Fed's Williams speaking in Los Angeles
5:00 Fed's Bullard lecturing in St. Louis

Global Economics (Time Zone: GMT)

01:00 CNY Non-manufacturing PMI
01:45 CNY HSBC Services PMI
08:30 GBP Construction PMI
09:00 EUR Eurozone CPI
10:30 Germany selling EU4b 5-year notes

Earnings

Before:
Monsanto (MON)
ConAgra Foods (CAG)


Thursday, April 4

US Economics (Time Zone: EDT)

07:30 Challenger Job Cuts - prior 7.0%
08:30 Initial Claims – consensus 340K, prior 336K
08:30 Continuing Claims – consensus 3042K, prior 3053K
11:00 Fed purchasing $1.25b-$1.75b notes in 23 to 30-year range

12:30 Fed's George speaking in Oklahoma
5:00 Yellen speaking in Washington

Global Economics (Time Zone: GMT)

JPY Bank of Japan Rate Decision
00:30 AUD Retail Sales
08:00 EUR Eurozone PMI (final estimate)
08:30 GBP Services PMI
09:00 EUR Eurozone PPI
11:00 GBP Bank of England Rate Decision
11:45 EUR ECB Rate Decision
8:30 Spain selling 3, 5, 8-year notes
8:50 France selling bonds

Earnings

No major earnings


Friday, April 5

US Economics (Time Zone: EDT)

08:30 Trade Balance - consensus -$44.6B, prior -$44.4B
08:30 Nonfarm Payrolls - consensus 190K, prior 236K
08:30 Private Payrolls - consensus 203K, prior 246K
08:30 Manufacturing Payrolls - consensus 10K, prior 14K
08:30 Unemployment Rate - consensus 7.7%, prior 7.7%
08:30 Avg Weekly Hourly Earnings - consensus 34.5, prior 34.5
3:00 Consumer Credit - consensus $16B, prior $16.151B

Global Economics (Time Zone: GMT)

05:00 JPY Leading Index
09:00 EUR Eurozone Retail Sales
10:00 EUR German Factory Orders
12:30 CAD Employment Figures

Earnings

No major earnings

THIS WEEK'S OUTLOOK

THIS WEEK'S MARKET MOVERS

Monday, March 18

US Economics (Time Zone: EDT)

10:00 NAHB Housing Market Index - consensus 47, prior 46
11:00 Fed buying $1.25b-$1.75b notes in 23 to 30-year range
11:30 Treasury selling $35b 3-month bills, $30b 6-month bills

Global Economics (Time Zone: GMT)

01:30 CNY China Property Prices
06:45 CHF SECO Economic Forecasts

Earnings

No major earnings


Tuesday, March 19

US Economics (Time Zone: EDT)

08:30 Housing Starts - consensus 915K, prior 890K
08:30 Building Permits - consensus 923K, prior 904K
11:00 Fed to buy $2.75b-$3.5b notes in 7 to 10-year range
11:30 Treasury selling 4-week bills

Global Economics (Time Zone: GMT)

00:30 AUD RBA Policy Meeting Minutes
05:00 JPY Leading Index
09:30 GBP PPI
09:30 GBP CPI
10:00 EUR Eurozone ZEW Economic Sentiment Survey
21:45 NZD Current Account Balance

Earnings

Adobe (ADBE)
Cintas (CTAS)


Wednesday, March 20

US Economics (Time Zone: EDT)

07:00 MBA Mortgage Index
2:00 FOMC Rate Decision
2:30 Fed press conference

Global Economics (Time Zone: GMT)

07:00 EUR German PPI
09:30 GBP BoE Minutes
09:30 GBP Employment numbers
10:00 CHF ZEW Expectations Survey
15:00 EUR Eurozone Consumer Confidence
21:45 NZD GDP
23:50 JPY Trade Balance
11:30 Germany selling EU4b 10yr notes

Earnings

Before:
General Mills (GIS)
Lennar (LEN)
FedEx (FDX)
After:
Jabil Circuit (JBL)
Oracle (ORCL)


Thursday, March 21

US Economics (Time Zone: EDT)

08:30 Initial Claims – consensus 342K, prior 332K
08:30 Continuing Claims – consensus 3075K, prior 3024K
08:58 Markit US PMI Preliminary - consensus 54.9
09:00 House Price Index - consensus 0.7%, prior 0.6%
10:00 Philly Fed - consensus -2.0, prior -12.5
10:00 Existing Home Sales - consensus 5M, prior 4.92M
10:00 Leading Indicators - consensus 0.3%, prior 0.2%
11:00 Fed purchasing $1.25b-$1.75b notes in 23 to 30-year range
1:00 Treasury selling $13b 10yr TIPS 1st reopening

Global Economics (Time Zone: GMT)

01:45 CNY HSBC Flash Manufacturing PMI
04:30 JPY All Industry Activity Index
07:00 CHF Trade Balance
08:00 EUR Eurozone Services/Manufacturing PMI (1st estimate)
09:30 GBP Retail Sales

Earnings

Before:
Ross Stores (ROST)
After:
Nike (NKE)
Conagra (CAG)
Micron Tech (MU)


Friday, March 22

US Economics (Time Zone: EDT)

No major reports
11:00 Fed buying $3b-$3.75b notes in 5.5 to 7-year range

Global Economics (Time Zone: GMT)

09:00 EUR German IFO Business Expectations

Earnings

Before:
Darden Restaurants (DRI)