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Sunday, August 8, 2010

Next Week's Report

Monday: There are no economic reports on the agenda.
ER:
King Pharmaceuticals(KG), MDR, LINTA

Tuesday: The Federal Reserve will issue a policy statement in the afternoon. The central bank is widely expected to leave its benchmark federal funds rate in a range of 0 to 0.25%, where it has been since December 2008.

A report on wholesale inventories is due shortly after the market opens.

ER: DIS , IHG

Wednesday: The government reports on the U.S. trade deficit before the opening bell.
In the afternoon, the Treasury Department is slated to release its July budget numbers. Economists expect a deficit of $169 billion in the month after $180.7 billion shortfall in June.

ER:
DIS, CSCO

Thursday: The Department of Labor releases weekly jobless claims figures in the morning.
Reports on July export and import prices also come out before the opening bell.

ER:
JWN, BUD, ADSK

Friday:
Investors will take in top-tier reports on inflation, retail sales and consumer sentiment in the morning.
After the market opens, the University of Michigan Consumer Sentiment Index for early August is expected to edge up to 70 from 67.80.

ER:
PBRQF, JCP

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