Several Federal Reserve Bank presidents will be giving outlooks for the economy this week, and retailers such as Bed, Bath and Beyond and Family Dollar Stores will report earnings.
What follows are calendar highlights. (All times are Eastern Standard Time; forecasts by analysts/economists polled by Bloomberg.)
Federal Reserve Speeches and Events
Tuesday, Jan. 7
Boston Federal Reserve Bank President Eric Rosengren speaks on the economic outlook in Hartford, Conn., 8:30 a.m.
San Francisco Federal Reserve Bank President John Williams speaks, 2:10 p.m.
Wednesday, Jan. 8
Federal Open Market Committee meeting minutes released, 2 p.m.
Thursday, Jan. 9
Kansas City Federal Reserve Bank President Esther George speaks in Madison, Wisconsin, on the economy and banking, 1:30 p.m.
Minneapolis Federal Reserve Bank President Narayana Kocherlakota will take part in a public town hall discussion, 8 p.m.
Friday, Jan. 10
Richmond Federal Reserve Bank President Jeffrey Lacker speaks on the economic outlook in Raleigh, North Carolina, 8:45 a.m.
St. Louis Federal Reserve Bank President James Bullard speaks in Indianapolis on the economy and monetary policy, 1 p.m.
Economic reports
Tuesday, Jan. 7
International trade balance, 8:30 a.m. The U.S. November trade gap is expected to have narrowed to $39.9 billion from $40.6 billion in October, according to the estimate consensus.
Wednesday, Jan. 8
ADP national employment report, 8:15 a.m. Growth in payroll jobs for December 2013 probably was 205,000, according to the estimate consensus.
EIA petroleum status report, 10:30 a.m.
Thursday, Jan. 9
Initial jobless claims, 8:30 a.m. The estimate consensus is 331,000 new jobless claims for the week ended Jan. 4, down from 339,000 a week earlier.
Friday, Jan. 10
Employment situation for December 2013, 8:30 a.m. Analysts expect unemployment was unchanged at 7 percent for the month, according to the estimate consensus.
Wholesale trade, 10 a.m. November inventories probably rose 0.5 percent, according to the estimate consensus.
Company earnings reports
Tuesday, Jan. 7
Micron Technology (43 cents a share is the estimate consensus)
Wednesday, Jan. 8
Bed, Bath and Beyond ($1.15 per share is the estimate consensus)
Family Dollar Stores (69 cents a share)
Monsanto Co. (65 cents a share)
Ruby Tuesday (a loss of 21 cents a share)
Thursday, Jan. 9
Alcoa Inc.
Texas Industries
Friday, Jan. 10
American Express
Best wishes,
The Money and Markets Team
