The Market this week

Monday

  • Ben Bernanke gives key note address discussing the results of the stress tests all the way through Wednesday.

Tuesday

  • March trade gap.  Expected to widen to $29.2 billion from $26 billion.  Lowest level in 9 years
  • National association of realtors report Q1 median home prices
  • Senate finance committee holds hearing on funding health care reform.
  • Treasury release April budget

Wednesday

  • April sales expected to fall 0.1% after falling 1.2% in March
    • Sales excluding auto are expected to have held steady after falling 1% in March.
  • Import & Export prices
  • March business Inventory
  • Weekly crude oil inventories

Thursday

  • April PPI expected at 0.1% after falling 1.2% in March.
  • WMT reports quarterly results

Friday

  • CPI expected to be unchanged after falling 0.1% in March
    • Core CPI expected to have risen 0.1% after rising 0.2% in March
  • NY empire state manufacturing index expected to decline to a reading of –15 from –14.65 in April. 
  • April capacity utilization
  • Industrial production
  • May consumer sentiment index.

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