Major Economic Releases
(All times are Pacific):
5:30 a.m. Empire Manufacturing Dec
6 a.m. Net Long-Term TIC Flows Oct
5:30 a.m. Current Account Balance Q3
7 a.m. NAHB Housing Market Index Dec
4 a.m. MBA Mortgage Index 12/15
5:30 a.m. Housing Starts Nov
5:30 a.m. Building Permits Nov
7:30 a.m. Crude Inventories 12/15
5:30 a.m. Initial Claims 12/15
5:30 a.m. Continuing Claims 12/08
5:30 a.m. GDP - Third Estimate Q3
5:30 a.m. GDP Deflator - Third Estimate Q3
7 a.m. Existing Home Sales Nov
7 a.m. Philadelphia Fed Dec
7 a.m. Leading Indicators Nov
7 a.m. FHFA Housing Price Index Oct
7:30 a.m. Natural Gas Inventories 12/15
5:30 a.m. Personal Income Nov
5:30 a.m. Personal Spending Nov
5:30 a.m. PCE Prices - Core Nov
6:55 a.m. Michigan Sentiment - Final Dec
National Earnings Reports
Major companies tentatively scheduled to report quarterly earnings this week, with ticker symbol and Thomson Financial profit estimates:
No major announcements expected.
Oracle Corp. reports quarterly financial results.
FedEx Corp. reports quarterly financial results.
Darden Restaurants Inc. reports quarterly financial results.
Nike Inc. reports quarterly financial results.
Walgreen Co. reports quarterly financial results.
Consumer Price Index (CPI): +0.1% in Oct 2012
Unemployment Rate: 7.7% in Nov 2012
Payroll Employment: +146,000(p) in Nov 2012
Average Hourly Earnings: +$0.04(p) in Nov 2012
Producer Price Index (PPI): -0.8%(p) in Nov 2012
Employment Cost Index (ECI): +0.4% in 3rd Qtr of 2012
Productivity: +2.9%(r) in 3rd Qtr of 2012
U.S. Import Price Index: -0.9% in Nov 2012
U.S. Export Price Index: -0.7% in Nov 2012
The following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital, Greenwich, CT (www.ipohome.com) and SEC filings.
Sprott Physical Platinum and Palladium Trust - Toronto, Ontario, Canada, 35 million units priced at $10 each, managed by Morgan Stanley, RBC, BofA Merrill Lynch, and UBS. Proposed NYSE Arca symbol SPPP. Business: The Trust seeks to provide a convenient and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical platinum and palladium bullion.
Port calls this week
Cielo Di Tokyo -- Arrive: 12/17, Depart: 12/23, Last Port: Potolobambo, Mexico, Berth: 10-03, Cargo: Potassium Nitrate, Stevedore: METRO, Agent: TNC, Line: DDRY, Flag: PAN
Jean Anne -- Arrive: 12/18, Depart: 12/19, Last Port: Hawaii, Berth: 24-02, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: PASHA, Flag: USA
Star Istind -- Arrive: 12/19, Depart: 12/20, Last Port: Lazaro Cardenas, Mexico, Berth: 10-04, Cargo: Fertilizers, Stevedore: SSA, Agent: GSC, Line: STAR, Flag: NORW
Morning Cedar -- Arrive: 12/20, Depart: 12/21, Last Port: Ulsan, Korea, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: ECC, Flag: SGP
BBC Hawaii -- Arrive: 12/20, Depart: 12/24, Last Port: La Libertad, El Salvador, Berth: 10-07, Cargo: Load Project Cargo, Stevedore: SSA, Agent: GSC, Line: BBC, Flag: ATG
Columbia Highway -- Arrive: 12/20, Depart: 12/21, Last Port: Lazaro Cardenas, Mexico, Berth: 24-05, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: K-LINE, Flag: PAN
Auriga Leader -- Arrive: 12/21, Depart: 12/21, Last Port: Long Beach, CA, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: NYK, Flag: SGP
Dole Honduras -- Arrive: 12/23, Depart: 12/25, Last Port: Puerto Quetzal, Guatemala, Berth: 10-02, Cargo: Bananas, Stevedore: SSA, Agent: NLI, Line: DOLE, Flag: BHS
Statendam -- Arrive: 12/21, Depart: 12/21, Last Port: Nuku Hiva, Berth: B-02, Activity: Embark, Disembark, Stevedore: SSA, Agent: PSH, Line: HLLND, Flag: NLD
Zaandam -- Arrive: 12/22, Depart: 12/22, Last Port: Ensenada, Mexico, Berth: B-01, Activity: Embark, Disembark, Stevedore: SSA, Agent: PSH, Line: HLLND, Flag: NLD
Definitions -- Stevedore: Manages the operation of loading or unloading a ship. Agent: Manages the contracts, logistics. Line: Shipping line that owns the ship. Flag: Nation the ship is flagged under. Source: San Diego Marine Information System