News, News and More News

According to Investment Advisor lots of potentially market moving news coming up this week. On Tuesday, September 7, SEC Chairman Mary Schapiro speaks at the Economic Club of New York; Euro-zone finance ministers are expected to approve the next installment of bailout funds for Greece on the same day, while the Basel Committee meets on bank capital rules. On Wednesday, September 8, the big news is likely to come from the White House, when President Obama speaks in Cleveland about making permanent a $100 billion extension of tax credit for business research. The Federal Reserve releases its beige book for July, and the state of consumer credit for July. The FCIC meets on the impact of the financial crisis on the state of Nevada.

On Thursday, September 9, the Census Bureau reports on the trade deficit numbers for July, while the Labor Dept. releases the initial weekly jobless claims. U.S. Global Investors reports FY 2010 results; it will hold a webcast on its earnings on September 10. The business week ends on Friday, September 10, with the Census Bureau reporting on wholesale trade inventories for July.

%d bloggers like this: