AT&T, Netflix, Intel, Chipotle, and Different Shares for Traders to Watch This Week
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Chipotle Mexican Grill,
Notable releases on the financial calendar this week embody the Nationwide Affiliation of Realtors’ existing-home gross sales knowledge for March and the Convention Board’s Main Financial Index for March, each on Thursday. On Friday,
releases each of its Manufacturing and Companies Buying Managers’ Indexes for April. The Census Bureau will even report gross sales of latest single-family homes for March.
Lastly, the European Central Financial institution will announce its newest monetary-policy resolution in Frankfurt on Thursday. The consensus expectation is that policymakers will maintain its benchmark rate of interest unchanged at half a degree beneath zero.
Philip Morris Worldwide,
Procter & Gamble, and Vacationers report quarterly outcomes.
The European Central Financial institution broadcasts its monetary-policy resolution. The central financial institution is broadly anticipated to maintain its key short-term rate of interest unchanged at unfavourable 0.5%.
The Nationwide Affiliation of Realtors stories existing-home gross sales for March. Consensus estimate is for a seasonally adjusted annual fee of 6.3 million properties bought, barely larger than February’s 6.2 million. Present-home gross sales are barely off the current peak from final October, however are stronger than at any level because the housing bubble burst almost 15 years in the past.
The Convention Board releases its Main Financial Index for March. Economists forecast a 0.6% month-over-month enhance, after a 0.2% acquire in February. The Convention Board’s most up-to-date forecast calls for five.5% development in gross home product this yr.
American Categorical, Honeywell Worldwide,
and Schlumberger, launch quarterly outcomes.
IHS Markit releases each its Manufacturing and Companies Buying Managers’ Index for April. Expectations are for a 60.3 studying for the Manufacturing PMI and a 60.5 studying for the Companies PMI. Each estimates could be three-year highs for his or her respective indexes.
The Census Bureau stories gross sales of latest single-family homes for March. Consensus estimate is for a seasonally adjusted annual fee of 831,000 properties bought, up from February’s 775,000 determine. Then, the median gross sales worth of a brand new house was $349,400, simply shy of December’s all-time excessive of $356,600.
Write to Nicholas Jasinski at [email protected]
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