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Fed begins a two day meeting with the probability that they will leave rates unchanged.

News

6.19.13

Top Day Market News

 

Just housing starts and building permits out at 8:30. In the aftermath of the Greek elections, many observers are now coming to the conclusion that the feeble coalition government that will emerge is not the best result. The better result, in the big picture, would have been for the anti-bailout group to have won precipitating a crisis and with it decisive action out of Brussels. Now, it seems that all that has been won is time and a delay of the inevitable.

 

The Fed begins a two day meeting with the probability that they will leave rates unchanged and QE3 or 23 or 33 just a possibility. G-20 meeting in Mexico but then again, nothing massive ever seems to come out of the G-20 meetings.

 

Week of June 18-22

 ET

 Release

For 

 Briefing.com

Forecast

 Briefing.com

Consensus

 Prior

Jun 18

 

10:00

 

NAHB Housing Market Index

 

Jun

 

28

 

28

 

29

 

Jun 19

 

08:30

 

Housing Starts

 

May

 

710K

 

719K

 

717K

 

Jun 19

 

08:30

 

Building Permits

 

May

 

720K

 

725K

 

715K

 

Jun 20

 

07:00

 

MBA Mortgage Index

 

06/16

 

NA

 

NA

 

18.0%

 

Jun 20

 

10:30

 

Crude Inventories

 

06/16

 

NA

 

NA

 

-0.191M

 

Jun 20

 

12:30

 

FOMC Rate Decision

 

Jun

 

0.25%

 

0.25%

 

0.25%

 

Jun 21

 

08:30

 

Initial Claims

 

06/16

 

380K

 

380K

 

386K

 

Jun

08:30

 

Continuing Claims

 

06/09

 

3250K

 

3278K

 

3278K

News