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Sunday, June 6, 2010

Next Week's Economic Report

Monday: The April consumer credit report is due in the afternoon, but it is not typically a market mover.

In the afternoon, Steve Jobs will deliver the keynote address at Apple's World Wide Developers Conference in SF.

In the evening,Ben Bernanke will answer questions about the economy at an event in Washington, D.C.

Tuesday: Fed. Board Governor Elizabeth A. Duke speaks at a conference in Florida about the aftermath of the financial crisis.

Wednesday: The government's April wholesale inventories and weekly crude oil inventories reports are due in the morning. The Fed's "beige book" reading on the nation's 12 economic districts is due in the afternoon.

Bernanke testifies at the House Committee on the budget regarding economic and financial conditions.

He also speaks in Richmond, Va., at a forum on the labor market.

Members of the House of Representatives and the Senate hold the first meeting on reconciling the Wall Street reform bill.

Thursday: The weekly jobless claims report from the Department of Labor is due in the morning.

The April trade balance is due to be released by the government in the morning.

Friday: The May retail sales report from the Commerce Department .

The University of Michigan's consumer sentiment index. The report is due after the start of trading.

The April reading on business inventories, also from the government, is due out after the start of trading.

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