Wednesday, August 29, 2012

Waiting for Friday

There are a few economic releases traders will be eyeing Wednesday, but the main topic will once more be the Fed's symposium in Jackson Hole and the speech Fed chairman Ben Bernanke will give there Friday.

Today (Wednesday)
economic data includes:

10pm SG/MY Time: pending home sales at 10 a.m. ET

8:30pm SG/MY Time: second look at second quarter GDP, at 8:30 a.m ET.

2am SG/MY Time (Thursday)
The biggest release of the day comes at 2 p.m. ET, when the Fed puts out its beige book on the economy, which is sure to be picked over for any discussion of employment.


Hurricane Isaac is affecting the energy prices, check NYMEX Crude.

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