U.S. Day Ahead: Expect more finger pointing by Fedsters
Thursday, June 27, 2013 - 02:15
June 27 - Analysts’ will be listening if four Fed officials will top their colleagues Dudley and Powell's market boosting remarks.
▲ Hide Transcript
▶ View Transcript
If you're not already excited about writing here are three stories -- get your adrenaline pumping. In third place the Reuters University of Michigan consumer sentiment index comes out in the morning. -- are predicted to come in -- 84 point three up from its preliminary June reading at 82 point seven. What does that mean consumers aren't more worried but they're not much happier either seems like the volatility in the market hasn't shaken their confidence too much. There's a slight uptick to the day after the conference board's consumer confidence index edged higher this week. Next fed officials are excited to get out there and tell everyone the markets were wrong. New York fed president William Dudley and fed governor Jerome Powell in separate speeches sent stocks and bonds. Up Thursday after saying the markets misinterpret it QE3. Dudley said that -- activity in the market would be more aggressive and that timeline. Fed Chairman Ben Bernanke outlined is the US growth turns out weaker than expected. Lots of pastors speak Friday including fed governor Jeremy Stein Richmond fed president Jeffrey lacquer in San Francisco that president John Williams. You can watch -- -- speech live on Reuters Insider at eating out. At number one. Blackberry opens today with its first quarter earnings. Analysts surveyed by Thomson Reuters expect Blackberry -- six cents a share which is in line with current expectations. But better than predicted a few months ago when the company outlook was dreary. This new optimism is writing on the Blackberry ten line of devices but the markets will be looking for any preliminary sales numbers on the new Q ten. Which launched in June after the fiscal order and also on the agenda for blackberries management insight into its new secure workspace product. It launched earlier this week and it helps companies secure and manage their data. Even on -- Blackberry devices. Blackberry shares are up 27%. So far this year. Follow us on Twitter at Reuters Insider and get more idiots at Reuters dot com slash Reuters TV. I have to try not bad this is Reuters.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code