Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise.
Economic Calendar for the Week of August 27 - August 31
Date | ET | Economic Report | For | Estimate | Actual | Prior | Impact | Mon. August 27 | 10:00 | Existing Home Sales | Jul | 5.70M | | 5.75M | Moderate | Tue. August 28 | 10:00 | Consumer Confidence | Aug | 106.5 | | 112.6 | Moderate | Tue. August 28 | 02:00 | FOMC Minutes | 8/07 | | | | HIGH | Wed. August 29 | 10:30 | Crude Inventories | 8/24 | NA | | 1890K | Moderate | Thu. August 30 | 08:30 | GDP Chain Deflator | Q2 | 2.7% | | 2.7% | HIGH | Thu. August 30 | 08:30 | Jobless Claims (Initial) | 8/25 | 320K | | 322K | Moderate | Thu. August 30 | 08:30 | Gross Domestic Product (GDP) | Q2 | 4.1% | | 3.4% | Moderate | Fri. August 31 | 08:30 | Personal Spending | Jul | 0.4% | | 0.1% | Moderate | Fri. August 31 | 08:30 | Personal Consumption Expenditures and Core PCE | Jul | 0.1% | | 0.1% | HIGH | Fri. August 31 | 08:30 | Personal Consumption Expenditures and Core PCE | YOY | NA | | 1.9% | HIGH | Fri. August 31 | 09:45 | Chicago PMI | Aug | 53.0 | | 53.4 | HIGH | Fri. August 31 | 10:00 | Consumer Sentiment Index (UoM) | Aug | 83.0 | | 83.3 | Moderate | Fri. August 31 | 08:30 | Personal Income | Jul | 0.3% | | 0.4% | Moderate |
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0 comments • Frank Harris • August 28 2007 10:03PM