The US Economic Calendar For The Week Of December 8, 2014
Assuming that the majority of Americans would like to keep an eye on their money, the US Economic Calendar for the week of December 8, 2014 is a great guide for anyone to have at their disposal!
With economic and political uncertainty currently more of the rule than exception, this weeks key economic releases may hold some extremely helpful clues concerning the strength of the US economy and, just as importantly, the future direction of interest rates.
Interest rates remain a critical cog not only for fixed income and equity investors, but for the overall strength of the real estate market and the ease of availability for the financing used to purchase it.
The US Economic Calendar
The economic data scheduled for release this week will provide investors and businesses with both anecdotal evidence about the direction that the US economy is heading along with actual data about its current condition.
The upcoming week is relatively quiet in terms of significant economic data releases, but some of the more relevant ones includes the MBA Purchase Applications, Business Inventories, Retail Sales and Wholesale Trade.
It will also be a quiet week for scheduled speeches by members of the Federal Reserve with only Dennis Lockhart scheduled to speak today, although impromptu comments or remarks by any of the Fed members can potentially occur at any time.
Finally, the markets will once again also be closely watching domestic political issues along with geopolitical hotspots that have the potential for serious flare-ups with global implications.
Nationally and Geopolitically, some issues to watch include:
- The continued scourge of ISIS who seem to have cobbled together an alliance with al-Qaeda,
- The continued decline in the global price of oil (WTI currently $63.50/barrel) and the impact that will have on oil producing nations like Russia and Saudi Arabia,
- Potential for ‘Lone Wolf’ terrorist attacks at home,
- Social unrest stemming from recent Grand Jury decisions,
- Potential for White House negotiations to result in a deal with Iran for cooperation in the fight against ISIS,
- US-Mexico border security.
To illustrate the second point concerning the impact the decline in the price of oil could potentially have, this is a monthly chart of the price of WTI since 2003 (Courtesy of Investing.com).
Courtesy of Econoday this is the chart of the US economic data to be released during the week of December 8, 2014 along with scheduled speeches by members of the Federal Reserve. The chart below also includes the upcoming treasury auction calendar!
Important Legal Notice: Econoday has attempted to verify the information contained in this calendar. However, any aspect of such info may change without notice. Econoday does not provide investment advice, and does not represent that any of the information or related analysis is accurate or complete at any time. Legal Notices © 1998-2014 Econoday, Inc. All Rights Reserved.Actual Data Source: Haver Analytics | Legal Notices © 1998-2014 Econoday, Inc. All Rights Reserved.
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