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Economic Events on December 30, 2010
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8:20 am
December 30, 2010

B.P.T.

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At 8:30 AM EST, the U.S. government will release its weekly Jobless Claims report.  The consensus is that there were 415,000 new jobless claims last week, which would would be 5,000 less than last week’s number as the employment market continues to show signs of improvement.

At 9:45 AM EST, the Chicago PMI Index for December will be announced.  The consensus index value is 62, which is 0.5 points lower than last month, but is still well above the break-even level at 50.

At 10:00 AM EST,the value of the pending home sales index for November will be announced.

At 10:30 AM EST, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States.

At 11:00 AM EST, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.

At 3:00 PM EST, the Farm Prices report for November will be released, giving investors and economists an indication of the direction of food prices in the coming months.

At 4:30 PM EST, the Federal Reserve will release its Money Supply report, showing the amount of liquidity available in the U.S. economy.

Also at 4:30 PM EST, the Federal Reserve will release its Balance Sheet report, showing the amount of liquidity the Fed has injected into the economy by adding or removing reserves.

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