Monday, February 14, 2011

The expectations gauge declined to 67.6 from 69.3

A very vital indicator of US economic improvement was released on
Friday. The consumer sentiment rose in February, success the highest
level since June.

The gauge hit 75.1, up from a final January reading of 74.2. The
current-conditions index rose to 86.8 in February, the highest since
January 2008, up from 81.8 in January. Meanwhile, the expectations
gauge declined to 67.6 from 69.3.

!! THE WEEK AHEAD !!

*MONDAY:* NY Fed Pres speaks

*TUESDAY*: Retail sales, Empire State Manufacturing Survey, import &
export prices, Treasury international capital, business inventories,
housing market index, Cleveland Fed Pres speaks, Dodd-truthful
hearing, Fed Treasury Secretary Geithner testifies before US House,
Fannie/Freddie reform hearing, credit card default rates reported, 13F
filings due; Earnings from Barclays, Dell and Tesla

*WEDNESDAY:* Weekly mortgage apps, housing starts, PPI, industrial
production, House hearing on FCIC report, oil inventories, FOMC
minutes; Earnings from Comcast, CBS.

*THURSDAY:* Weekly jobless claims, CPI, leading indicators,
Philadelphia Fed survey, Chicago Fed Pres speaks, money supply;
Earnings from Barrick Gold, AngloGold and Nordstrom

Source: Fxstreet.com

No comments: