US Economic Calendar including the 800-pound gorilla that gauges economic health!

Written by Posted On Friday, 27 June 2014 09:11

Article originally appeared at the Hallmark Abstract Service website here.

US Economic Calendar for the Week of June 30, 2014

The economic calendar in this article provides important information concerning the direction thatinterest rates may move in the short and intermediate-term while providing anecdotal evidence of the current condition and potential future direction of the US economy.

While the July 4th holiday shortened week is somewhat light in terms of the volume of critical data points, it will include the ADP Employment Report on Wednesday at 8:15 AM and the 800-pound gorilla of economic data in the employment report for June to be released on Thursday at 8:30 AM (220,000 non-farm payroll jobs created and a 6.3% unemployment rate are forecast).

And, as has been the case for some time now, the markets will also be watching geopolitical hotspots that have the potential for serious flare-ups with global implications as well.

On the front-burner now is the continuing and escalating violence in Iraq as the radical militant group,  ISIS (Islamic State of Iraq and Syria), moves steadily towards Baghdad leaving death and destruction in its wake.

From purely an economic standpoint oil prices have been surging as there is a fear that this insurgency and any potential spread beyond Iraq could disrupt oil exports from the region.

Newly arrived on the international crisis front is the potential fallout from the Ukrainian decision this morning to cement economic ties with the EU coupled with an unknown but logically anticipated response from Vladimir Putin and Russia.

Finally, in conjunction with economic data and any potential breaking news, comments from Federal Reserve members both scheduled and impromptu will be parsed by market participants for possible clues about the future direction of monetary policy and the tapering of bond purchases by the Fed.

Courtesy of Econoday this is the chart of the US economic data to be released during the week of June 30, 2014 along with scheduled speeches by members of the Federal Reserve. 

The chart below also includes the upcoming treasury auction calendar!

Monday Jun 30
Chicago PMI
[djStar]
9:45 AM ET

John Williams Speaks
1:10 PM ET

Gallup US ECI
[Bullet
8:30 AM ET
Redbook
[Bullet
8:55 AM ET
ISM Mfg Index
[Star]
10:00 AM ET
Janet Yellen Speaks

 

Factory Orders
[djStar]
10:00 AM ET
Weekly Bill Settlement

 

Jobless Claims
[Star]
8:30 AM ET
ISM Non-Mfg Index
[djStar]
10:00 AM ET

NYSE Early Close 1:00 ET

Money Supply
[Bullet
4:30 PM ET
All Markets Closed
Equity Settlement
7-3-14
Equity Settlement
7-7-14
Equity Settlement
7-8-14
Equity Settlement
7-9-14
 
Bank Holiday Schedule
        US: Independence Day

     

 

 

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Michael Haltman

Hallmark Abstract Service provides title insurance for both residential and commercial real estate transactions in New York State.

Hallmark Abstract President Michael Haltman is also extremely involved with the combat veterans 501(c)(3) Heroes To Heroes Foundation, serving as the Board Chair.

Hallmark Abstract Service

In 2008 we opened our doors focused on two primary goals:

Number one was to be a title insurance company that would provide clients with a superior finished product that completely protects their interests for what will likely be one of the largest transactions of their lifetime.

Number two was to insure that the experience of working with Hallmark Abstract Service was as easy and seamless as possible for all parties involved in the transaction!

From the number of satisfied clients who come back to Hallmark Abstract Service time after time for their title insurance needs, the evidence bears out that we have accomplished these two goals in the past and will maintain our client centric focus far into the future!

Michael Haltman

Post 1984 MBA in Finance from the State University of New York at Albany that concentrated on the tax-exempt market, Michael became a municipal bond analyst at Shearson/Lehman Brothers tasked with following general obligation issuers on the city and state level as well as housing bonds secured by mortgage pools.

This experience at Shearson/Lehman Brothers followed by stints at PaineWebber and Citigroup provided a broad framework and understanding of the real estate and mortgage markets.

As CEO of Exeter Commercial which underwrote and funded commercial mortgage loans as a correspondent lender, title insurance played a critical role in both the underwriting and closing process.

In 2008 recognizing both an opportunity and need, Hallmark Abstract Service was born.

www.hallmarkabstractllc.com

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