US Economic Calendar for the Week of July 21, 2014
The economic calendar in this article provides the days and times for this weeks key releases containing data that will potentially impact the direction interest rates may move in the short and intermediate-term.
In addition this economic data will provide investors and businesses both anecdotal evidence about the future direction of US economic growth and actual proof of its current condition.
Some of the information that will be most closely scrutinized by market participants, the Fed, politicians and investors includes Durable Goods Orders, New Home Sales and the Consumer Price Index.
As far as appearances by members of the Fed there are none scheduled although impromptu comments can occur at any time.
And, as has also been the case for some time now, in addition to the economy the markets will be watching geopolitical hotspots that have the potential for serious flare-ups with global implications.
Currently on the far front-burner is the shooting down of Malaysia Airlines Flight MH17 over the Ukraine just hours after President Obama announced new sanctions against Russia. Details are still somewhat unknown and the situation is extremely fluid!
Other existing issues continue to include the violence in the Middle East as Israel, through the use of troops on the ground, seeks to eradicate the ability for Hamas to fire missiles from Gaza indiscriminately into its cities and towns.
Also of concern is the progress being made by the Islamic State in Iraq and Syria, or ISIS, as it moves towards Baghdad..
Courtesy of Econoday this is the chart of the US economic data to be released during the week of July 21, 2014 along with scheduled speeches by members of the Federal Reserve.
The chart below also includes the upcoming treasury auction calendar!
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