Stock market will be in selling pressure as the concern of Syria will be at the peak because US official are commenting they could strike tomorrow Syria. It can turn out non event incase US GDP beats the expectation of 2%. Gold, and silver will be volatile again. Watchout DUST for bear case and NUGT for bull case of gold and silver. Volatility will increase so watchout UVXY, VXX but on a reversal of market watchout XIV. GES is up over 18% which means ANF, ARO, GPS, TGT will move.
Notable earnings before Thursday’s open
BRLI, COCO, CPB, FLWS, JASO, LRN, PLL, RY, TD
Notable earnings after Thursday’s close
BEBE, CRM, KKD, OVTI, PSUN, SPLK, WMS
Economic Calendar:
| Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 2:45 | EUR | French INSEE Business Confidence | med | 95 | 95 | |||||
| 3:15 | EUR | ECB's Nowotny speaks on panel "Central Bank Crisis Management" | low | |||||||
| 3:55 | EUR | German Unemployment Rate (sa) | high | 6.8 | 6.8 | |||||
| 3:55 | EUR | German Unemployment Change | med | -5 | -7 | |||||
| 8:00 | EUR | ECB's Mersch gives Keynote speech in Alpbach | low | |||||||
| 8:00 | EUR | German HICP (Prelim.) | high | 1.7 | 1.9 | |||||
| 8:00 | EUR | German CPI (Prelim.) | low | 1.7 | 1.9 | |||||
| 8:00 | EUR | German CPI (Prelim.) | low | 0.1 | 0.5 | |||||
| 8:00 | EUR | German HICP (Prelim.) | high | 0.1 | 0.4 | |||||
| 8:30 | USD | Initial Claims | med | 331 | 336 | |||||
| 8:30 | USD | GDP Price Index (Prelim.) | low | 0.7 | 0.7 | |||||
| 8:30 | USD | Core PCE Price Index (Prelim.) | med | 0.8 | 0.8 | |||||
| 8:30 | USD | GDP Annualised (Prelim.) | high | 2.2 | 1.7 | |||||
| 8:50 | USD | Fed's Bullard speaks to Leadership Memphis | low | |||||||
| 12:00 | EUR | ECB member & Bundesbank President Weidmann speaks about monetary union as stability alliance | low | |||||||
| 14:00 | USD | Fed's Lacker speaks in Virginia | low | |||||||
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