Weekly calendar 09/19-09/23/2016
The Calendar
We have a very light week for economic data, featuring the FOMC decision and Yellen press conference. While personally I watch everything on the calendar, you do not need to! I highlight only the most important items in WTWA. Focus is essential.
The “A” List
- FOMC decision (W). No policy change is expected. Will the statement and press conference clarify anything?
- Housing starts and building permits (T). Crucial element for stronger growth.
- Initial claims (Th). The best concurrent indicator for employment trends.
The “B” List
- Existing home sales (F). Not as important for the economy as new homes, but still a good read on the market.
- Crude inventories (W). Often has a significant impact on oil markets, a focal point for traders of everything.
FedSpeak will resume after the meeting with several participants on the calendar.
