Investment News
August 2012
Investment News for August 20, 2012 – This Weeks’ Economic Numbers and Media Data
Monday | Chicago Fed National Activity Index which gauges
economic activity for July is released. Recent signals have been consistent with weak growth with little to no inflation pressure.
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Tuesday | Bank of Atlanta president Lockhart speaks on
“ the U.S. Economic Outlook and implications for Latin America.”Electronics Retailer Best Buy is expected to show weaker than expected second-quarter results than a year earlier.14:00 hrs FOMC Minutes for July 31st meeting.
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Wednesday | 07:00 hrs MBA Mortgage Index
08/4 ( NA vs -4.5%)10:00 hrs Existing Home Sales July 4.55 mln vs 4.37 mln10:30 hrs Crude Inventories 8/18 NA vs -3.699 mln bbls Toll Brothers and Hewlett Packard are scheduled to report third quarter earnings.
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Thursday | 08:30 hrs Initial Claims 08/18
( 365K vs 366K ) 08:30 hrs Continuing Claims 08/11 ( 3300K vs 3305K ) 10:00 hrs FHFA Housing Price Index June ( NA vs +0.8% ) 10:00 hrs New Home Sales July ( 368K vs 350K )
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Friday | 08:30 hrs Durable Goods Orders
July ( 2.5% vs 1.3% ) DG Ex Transportation ( 0.5% vs -1.4% ) German Chancellor Angela Merkel along with French President Hollande are scheduled to meet with Greek Prime Minister Antonis Samaras.
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