Financial Roadmap March 12 to 17, 2007
Friday is Quadruple Witching Day, when stock index futures, stock index options, stock options, and single stock futures (SSF) all expire making for a volatile session and the last hour of the day (Triple Witching Hour) when stock index futures, stock index options and stock options expire should see the most volatility of the day.
The big indicators of the week will be the release of the Producer Price Index on Thursday and the Consumer Price Index on Friday, the major indicators of wholesale and retail price inflation respectively. The US federal budget, which has been coming in with a lower than expected deficit pretty consistently, will also bear watching as a continued downtrend in the deficit could equate to a mollified Federal Reserve and lower interest rates.
|
Day / Date |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
|
Indicators |
US Federal Budget for February from the Treasury Department: Year to date deficit down to $162,162 billion January Leading Index for Korea from the Conference Board: |
Retail Sales for February from the Commerce Department: Up 0.1%; Retail Sales Without Autos Down 0.1% January Business Inventories from the Commerce Department: January Leading Index for United Kingdom from the Conference Board: |
4th Quarter Services Report from the Census Bureau
4th Quarter Current Account from the Bureau of Economic Analysis: February Import/Export Price Indexes from the Bureau of Labor Statistics: January Leading Index for France from the Conference Board: Weekly Mortgage Applications Survey from the Mortgage Bankers Association: Weekly Petroleum Data Summary and This Week in Petroleum from the Energy Information Administration: |
February Producer Price Index (PPI) from the Bureau of Labor Statistics: Wholesale Inflation: PPI Up 1.3% Empire State Manufacturing Survey from the New York Federal Reserve Bank: Third District Business Survey from the Philadelphia Federal Reserve Bank: January International Capital Flows from the Treasury Department: January Leading Index for Mexico from the Conference Board: Weekly Jobless Claims Report from the Employment and Training Administration |
February Consumer Price Index (CPI) from the Bureau of Labor Statistics: CPI-U and CPI-W Up 0.4%; Real Earnings Down 0.3% February Industrial Production from the Federal Reserve: March Consumer Sentiment from the The University of Michigan's Consumer Survey Center |
|
Interesting Earnings Reports* |
Churchill Downs Inc [Ticker: CHDN ; Industry: Gaming Activities ] | BOSTON BEER CO INC [Ticker: SAM ; Industry: Beverages - Brewers ] | Lehman Brothers Holdings Inc [Ticker: LEH ; Industry: Investment Brokerage - National ] | Shoe Carnival Inc [Ticker: SCVL ; Industry: Apparel Stores ] | Century Casinos Inc [Ticker: CNTY ; Industry: Resorts & Casinos ] |
|
Treasury Auctions and Announcements |
11 AM: 4-Week T-Bill Announcement
1 PM: 3-Month and 6-Month T-Bill Auctions |
1 PM: 4-Week T-Bill and 10-Year Note Auctions | none | 11 AM: 3-Month and 6-Month T-Bill Announcements | None |
*See more information on the Financial Roadmap series here. Earnings reports are companies of interest, NOT recommendations.

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