Can We Now Get Janet To Say Turd Ferguson

It's a funny name

 

+  Intro: Investors will turn their attention to speeches by Janet Yellen and Dennis Lockhart after last week’s FED announcement. On the economic calendar Durable Orders, New Home Sales and the 2Q GDP are scheduled to report

+  FED: During the week, Dennis Lockhart will be making multiple speeches while Janet Yellen speaks after the market closes on Thursday (9/24) afternoon. Traders will be listening for additional comments after last week’s press conference about the potential timing of a Fed rate hike

+  ECB: ECB President Mario Draghi is due to testify on Wednesday (9/23) in front of European Parliament’s Economic and Monetary Policy Committee. If Draghi mentions that he may increase the ECB’s asset purchase program, we can expect a really in global markets and a further strengthening of the US Dollar against the Euro

+  PMI Readings: PMI readings from across the globe are due out this week. Recent weak Chinese readings have contributed to the recent sell off. Traders will watch these readings  as potential weak readings could cause central banks to take further steps to stimulate their respective nation’s economies

 

MONDAY (9/21)

  • 10:00 AM ET – Existing Home Sales - Aug
  • FOMC Member Dennis Lockhart Speaks
  • Bank of Canada Governor Stephen Poloz Speaks
  • Japanese Banks will be closed in observance of the Bank Holiday

 

TUESDAY (9/22)

  • Japanese Banks will be closed in observance of Autumnal Equinox Day
  • Earnings: Carnival, General Mills

 

WEDNESDAY (9/23)

  • 10:30AM ET – Crude Oil Inventories
  • ECB President Mario Draghi Speaks
  • FOMC Member Dennis Lockhart Speaks
  • Caixin Flash Manufacturing PMI
  • European Flash Manufacturing PMI
  • European Flash Services PMI
  • Canada CPI and Retail Sales

 

THURSDAY (9/24)

  • 8:30 AM ET - Weekly Jobless Claims
  • 8:30 AM ET – Durable Orders – Aug
  • 8:30 PM ET – New Home Sales - Aug
  • Fed Chair Janet Yellen Speaks
  • New Zealand Trade Balance
  • ECB Targeted LTRO
  • Earnings: Nike, Accenture

 

FRIDAY (9/25)

  • 8:30 AM ET – GDP 3rd Estimate  – 2Q
  • 10:00 AM ET – Michigan Sentiment  – Sept
  • German Bundesbank President Jens Weidmann Speaks