THIS WEEKS MARKET MOVERS

Monday Jul 11	Tuesday Jul 12	Wednesday Jul 13	Thursday Jul 14	Friday Jul 15
Market Focus » International Perspective » Simply Economics » Esther George Speaks 10:00 AM ET Labor Market Conditions Index 10:00 AM ET 4-Week Bill Announcement 11:00 AM ET 3-Month Bill Auction 11:30 AM ET 6-Month Bill Auction 11:30 AM ET 3-Yr Note Auction 1:00 PM ET Loretta J. Mester Speaks 9:30 PM ET	NFIB Small Business Optimism Index 6:00 AM ET James Bullard Speaks 8:45 AM ET Redbook 8:55 AM ET JOLTS 10:00 AM ET Wholesale Trade 10:00 AM ET 4-Week Bill Auction 11:30 AM ET 10-Yr Note Auction 1:00 PM ET Neel Kashkari Speaks 5:30 PM ET Loretta J. Mester Speaks 10:30 PM ET	MBA Mortgage Applications 7:00 AM ET Import and Export Prices 8:30 AM ET Robert Kaplan Speaks 9:00 AM ET Atlanta Fed Business Inflation Expectations 10:00 AM ET EIA Petroleum Status Report 10:30 AM ET 30-Yr Bond Auction 1:00 PM ET Beige Book 2:00 PM ET Treasury Budget 2:00 PM ET Patrick Harker Speaks 6:00 PM ET	Weekly Bill Settlement Jobless Claims 8:30 AM ET PPI-FD 8:30 AM ET Bloomberg Consumer Comfort Index 9:45 AM ET James Bullard Speaks 10:00 AM ET EIA Natural Gas Report 10:30 AM ET 3-Month Bill Announcement 11:00 AM ET 6-Month Bill Announcement 11:00 AM ET 52-Week Bill Announcement 11:00 AM ET 10-Yr TIPS Announcement 11:00 AM ET Dennis Lockhart Speaks 11:15 AM ET Esther George Speaks 1:15 PM ET Fed Balance Sheet 4:30 PM ET Money Supply 4:30 PM ET James Bullard Speaks 6:40 PM ET Robert Kaplan Speaks 7:00 PM ET	Consumer Price Index 8:30 AM ET Retail Sales 8:30 AM ET Empire State Mfg Survey 8:30 AM ET Industrial Production 9:15 AM ET Business Inventories 10:00 AM ET Consumer Sentiment 10:00 AM ET Baker-Hughes Rig Count 1:00 PM ET Neel Kashkari Speaks 1:15 PM ET

The market is likely to succumb to selling on the open today from margin calls resulting from Friday's declines. However, gold and silver were beneficiaries of investors' rush to safety, so they should not accelerate this. Once the margin calls are satisfied, we could see buying from bargain hunters as early as tomorrow, but more likely later in the week.

Note that the Dow Jones Industrial Average closed a mere 34 points below the May closing low of 17,435. A reversal from the Dow's close on Friday could re-establish the trading zone of 17,200 to 17,800 that we've been in since October.

THIS WEEKS MARKET MOVERS

Monday Jun 27	Tuesday Jun 28	Wednesday Jun 29	Thursday Jun 30	Friday Jul 1
Market Focus » International Perspective » Simply Economics » International Trade in Goods 8:30 AM ET PMI Services Flash 9:45 AM ET Dallas Fed Mfg Survey 10:30 AM ET 4-Week Bill Announcement 11:00 AM ET 3-Month Bill Auction 11:30 AM ET 6-Month Bill Auction 11:30 AM ET	GDP 8:30 AM ET Corporate Profits 8:30 AM ET Redbook 8:55 AM ET S&P Case-Shiller HPI 9:00 AM ET Consumer Confidence 10:00 AM ET Richmond Fed Manufacturing Index 10:00 AM ET State Street Investor Confidence Index 10:00 AM ET 4-Week Bill Auction 11:30 AM ET	MBA Mortgage Applications 7:00 AM ET Personal Income and Outlays 8:30 AM ET Janet Yellen Speaks 9:30 AM ET Pending Home Sales Index 10:00 AM ET EIA Petroleum Status Report 10:30 AM ET Farm Prices 3:00 PM ET	Weekly Bill Settlement Jobless Claims 8:30 AM ET Chicago PMI 9:45 AM ET Bloomberg Consumer Comfort Index 9:45 AM ET EIA Natural Gas Report 10:30 AM ET 3-Month Bill Announcement 11:00 AM ET 6-Month Bill Announcement 11:00 AM ET James Bullard Speaks 2:00 PM ET Fed Balance Sheet 4:30 PM ET Money Supply 4:30 PM ET	Motor Vehicle Sales  PMI Manufacturing Index 9:45 AM ET ISM Mfg Index 10:00 AM ET Construction Spending 10:00 AM ET Loretta J. Mester Speaks 11:00 AM ET Baker-Hughes Rig Count 1:00 PM ET SIFMA Rec. Early Close 2:00 ET