Week Ahead: 11/6 - 15/6
1) We've got heavy weights like Mr Greenspan and Mr Bernanke speaking this week. As we know, Mr Greenspan has a record for rocking the market with his words and I don't want to count his speech at the Commercial Mortgage Securities Association as an exception.
2) With rate hikes causing increasing tension in the market place, be aware of BOJ interest rate announcement this Thurs (tentative). With the Yen carry trades impact we've had earlier, any rate hike from BOJ will surely send the market sinking.
3) Options Expiration Week
4) Earnings announcement from leading investment banks like GS, LEH and BSC will also set the tone for investment activities and the growth ahead.
Notable earnings: JOSB
Tue: Treasury Budget, Alan Greenspan speaks at the Commercial Mortgage Securities Association
Notable earnings: LEH
Wed: Retail Sales, Business Inventories, Fed's Beige Book
Thurs: PPI, Fed Hearing on Mortgage Regulations, Bank of Japan (BOJ) interest rate announcement (tentative)
Notable earnings: ADBE, BSC, GS
Fri: Options Expiration, CPI, Fed Chairman Bernanke Speaks at the Atlanta Fed's "Credit Channel of Monetary Policy in the 21st Century" conference