Saturday
19 May 2012

Tuesday's Events: Fed's Bernanke Main Highlight on Light Data Day E-mail

Comments from the Fed Chairman will acceptable boss the day's bread-and-butter calendar in the absence of any above bread-and-butter releases in the U.S. and Canada, about a three-year agenda bargain from the U.S. Treasury and the Canadian Finance Ministry's pre-G20 conference may draw some attention.

At 8:30 a.m.

EDT, Fed Chairman Ben Bernanke will allege on 'Financial Reform to Address Systemic Risk' at the Council on Foreign Relations. An admirers Q&A will follow.

At 10 a.m. EDT, the U.S. Department of Commerce will absolution January broad inventories, which are accepted to abatement 1.0% month-over-month afterward a 1.4% abbreviating in December.

Also at 10 a.m. EDT, markets will accept the IBD/TIPP bread-and-butter optimism basis for March, which is accepted to abatement to 43.0 from 44.6 in February.



In Canada, the Finance Ministry will bear a pre-G20 conference at 10 a.m. EDT.

At 11:30 a.m. EDT, the U.S. Treasury Department will advertise $34 billion in four-week bills.

At 1 p.m. EDT, the U.S. Treasury will advertise $34 billion in three-year notes.

At 5 p.m. EDT, ABC will absolution its customer aplomb basis for the anniversary catastrophe March 8. Economists apprehend the basis to abide -49.

Schedule

8:30 US Bernanke Speaks on Bank Regulation in Washington

10:00 US Broad Inventories January Exp: -1.0% Prior: -1.4%

10:00 US IBD/TIPP Bread-and-butter Optimism March Exp: 43.0 Prior: +44.6

11:30 US Treasury to Advertise $24B 52-Week Bills

11:30 US Treasury to Advertise $34B 4-Week Bills

13:00 US Treasury to Advertise $34B 3-Year Notes

16:30 US API U.S. Crude Oil Inventories Prior -463k

16:30 US API U.S. Gasoline Oil Inventories Prior -642k

16:30 US API U.S. Distillate Inventory Prior +1646k

17:00 US ABC Customer Aplomb W/E March 8 Exp: -49 Prior: -49

20:01 GB NIESR GDP Estimate February Prior: -1.7%

 
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