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U.S. Week Ahead: Focus on Cyprus, Bernanke and housing

Friday, March 22, 2013 - 02:34

Mar 22 - With markets having their second negative week this year, investors will eye the direction of Cyprus' bailout, fresh comments from Fed Chair Ben Bernanke and the latest housing stats.

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With US markets having their second negative week of the year investors will be keeping an eye on what happens this actress' bail out. Island has until Monday to agree on a deal otherwise. The European Central Bank will cut essential task list its banks that -- -- being kicked out of the Euro -- Mark Russell and I guess the latest -- of US stayed up your status -- new home sales on Tuesday. Economists wanna see if they can sustain their rapid rise from the previous month when sales soared to 437000. I have -- as if they come in as strong again it could mean the housing sector rose even faster growth. -- -- looking for sales ticked down to 4101000. Clear danger did it is anything below 380000. That would mean new home sales and actually seeing very little games you -- you. Investors also be tuning into the pitcher Ben Bernanke when he speaks in London on Monday. We expect Bernanke to defend the Fed stimulus program when he appears on a panel of outgoing Bank of England Governor Mervyn King. Before US Treasury Secretary Larry Summers. Focus on any clues about how pleased to wind down the -- 85 billion dollar a month on purchasing program. I have Faris says that could happen by the end of the year with the economy growing by about 3% in the fourth quarter. After the launch of its uneasy tense Smartphone in the US Blackberry here is facing huge task. When it reports earnings on Friday and the company's stock is up 36%. Since the beginning of the year. Blackberry set to -- lost the pay attention -- how well Z ten did over the weekend. The US accounts for a fifth of all handset sales here's one analyst asked. You know we're engage in this behind her vision of what we see happening and AT&T. Which looks like they -- do what it is many 100000. For yours at Verizon we're attracted towards 150000. Tons per. -- and T-Mobile is about it now. So that's footprint doesn't even if there -- to -- -- and -- and it certainly is not. So the death knell for. Blackberry. Follow us on Twitter at Reuters Insider again more of our great videos that Reuters dot com slash Reuters TV. Any chance our interview with Japan as maverick billionaire he or she needs tiny. He gives his take on the future of online retail and why it's an accurate compared to Amazon wants Jeff based. And don't forget the US markets are closed for Good Friday I'm Fred Katayama and this is --

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U.S. Week Ahead: Focus on Cyprus, Bernanke and housing

Friday, March 22, 2013 - 02:34