Next week, the market will be focused predominantly on the Jackson Hole Symposium which will start on Wednesday and end on Saturday. Fed’s Bernanke and ECB’s Draghi will be the main focus.
- Bernanke speaks on Friday at 10 AM.
- Draghi will be speaking at 12:25 PM.
Other key events include:
- The Fed’s Beige Book which will be released on Wednesday at 2 PM.
- Italy is scheduled to auction off 5 and 10 year notes/bonds on Thursday.
As far as economic data.
- In the US, national and regional housing data in the form of the S&P Case Schiller data on Tuesday, US 2nd quarter GDP revision on Wednesday (1.7% vs 1.5%), Personal Income and Personal Spending on Thursday.
- In Germany, Geman IFO Business Climate on Monday, Employment on Thrusday and Retail Sales on Friday
I will be reviewing the week ahead on Monday at 9:30 AM ET, with a webinar. To register please go to:
https://www1.gotomeeting.com/register/919322752
You can register for “The Traders Course with Greg Michalowski” webinars on Tuesday and Thursday (4 PM ET) by going to:
TUESDAY, AUGUST 28th at 4 PM: https://www1.gotomeeting.com/register/223459184
THURSDAY, AUGUST 30th at 4 PM: https://www1.gotomeeting.com/register/301216344
Good weekend to all. Good fortune with your trading next week.
Greg Michalowski
