2023-02-06 10:50:02 $ECON Economic Data
02/06/23 02/0610:50 02/06/2310:50 | Fedspeak and auctions dominate this week's calendarFedspeak and auctions dominate this week's calendar amid a light slate of economic releases. Chair Powell's remarks (Tuesday) will be crucial after the blowout jobs report boosted rate hike expectations, adding 50 bps more in tightening after last week's 25 bps to get the terminal rate up to 5.125%. Powell will be interviewed at the Economic Club of Washington and he will undoubtedly be asked about the employment report, as well as his comments from last week's press conference and the seeming lack of pushback against the easing of financial conditions, as well as disinflation. Several other key policymakers are on tap. NY Fed's Williams will be interviewed at a live WSJ event (Wednesday). Hawkish Governor Waller discusses the economic outlook (Wednesday) and will be at the podium again at a Crypto conference (Friday). Governors Barr discusses financial inclusion (Tuesday) and speaks to students with nonvoter Bostic (Wednesday). Governor Cook takes part in a moderated discussion (Wednesday). Philly Fed's Harker, a hawkish voter, is at the Crypto Conference too (Friday). Kashkari (Wednesday) speaks to the Boston Economic Club. Analysts expect Fed officials will reiterate the need to get to and maintain a restrictive policy stance for some time. Meanwhile, the Treasury is auctioning $96 B in 3-, 10-, and 30-year maturities. Data reports include trade (Tuesday), claims (Thursday), and consumer sentiment (Friday). |
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Parsons upgraded to Outperform at William Blair on upside »
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Virgin Orbit plans to extend employee furlough, Reuters reports »
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Ares Management weighs raising $440M for new SPAC, Bloomberg reports »
19:31 03/27/23 03/2719:31 03/27/2319:31
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SL Green Realty price target lowered to $17 from $35 at Citi »
19:21 03/27/23 03/2719:21 03/27/2319:21
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Ingenia Communities initiated with a Buy at Citi »
19:19 03/27/23 03/2719:19 03/27/2319:19
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Joann price target lowered to $1 from $3.50 at BofA »
19:19 03/27/23 03/2719:19 03/27/2319:19
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Alps Alpine downgraded to Neutral from Buy at Citi »
19:18 03/27/23 03/2719:18 03/27/2319:18
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BioNTech price target lowered to $194 from $239 at BofA »
19:17 03/27/23 03/2719:17 03/27/2319:17
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Amicus price target raised to $17 from $16 at BofA »
19:16 03/27/23 03/2719:16 03/27/2319:16
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Tencent price target raised to $50 from $48 at Barclays »
19:14 03/27/23 03/2719:14 03/27/2319:14
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Lululemon price target lowered to $368 from $394 at Barclays »
19:13 03/27/23 03/2719:13 03/27/2319:13
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Parsons upgraded to Outperform from Market Perform at William Blair »
19:09 03/27/23 03/2719:09 03/27/2319:09
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Liontown Resources rejects Albemarle's A$2.50 per share proposal »
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AnaptysBio 'encouraged' by GSK phase 3 trial results »
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Berkshire Hathaway acquires over 4.4M Occidental shares »
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GSK says Phase III Ruby trial demonstrates Jemperli plus chemotherapy potential »
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Judge says Amazon must face consumer antitrust suit, Reuters reports »
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Tejon Ranch considering options to proceed with development of Centennial »
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Fly Intel: After-Hours Movers »
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TD Synnex names John Henry chief accounting officer »
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StarTek reports Q4 adjusted EPS 35c vs 32c last year »
17:52 03/27/23 03/2717:52 03/27/2317:52
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FreightCar America sees FY23 revenue $400M-$430M »
17:48 03/27/23 03/2717:48 03/27/2317:48
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FreightCar America reports Q4 adjusted EPS (31c), two estimates (11c) »
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Retractable Technologies cuts workforce by roughly 22% »
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Excelerate Energy sees FY23 adjusted EBITDA $320M-$340M
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