What to Watch in the Day Ahead - Thursday, September 19
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On the U.S. economic front, the Department of Labor is likely to report that initial claims for state unemployment benefits remained unchanged at 230,000 for the week ended September 14, while continued jobless claims are expected to have increased by 4,000 to 1.854 million during the week ended September 7. Separately, the Department of Commerce is expected to report that the current account deficit increased to $260 billion in the second quarter, having posted a deficit of $237.6 billion in the previous quarter. Meanwhile, National Association of Home Builders (NAHB) data is estimated to show that existing home sales probably fell to a seasonally adjusted annual rate of 3.90 million units in August, from 3.95 million units in July.
Nick Dell'Osso, CEO of Chesapeake Energy, is scheduled to speak on the third day of GasTech conference in Houston.
Olive Garden parent Darden Restaurants is expected to post a rise in first-quarter sales, boosted by steady demand at its casual dining restaurants. Investors will look out for comments on demand, pricing actions, impact of input costs, and annual forecasts.
Colin Parfitt, midstream president at Chevron, is set to appear in an interview, conversing on the company's attempt to diversify its LNG portfolio outside of just Asia.
Bank of Canada's external non-executive Deputy Governor Nicolas Vincent is due to address the Sherbrooke Chamber of Commerce in Quebec City.
On the Latam economic calendar, Argentina's statistics office is expected to report a trade surplus of $1.409 billion in August, lower than a surplus of $1.575 million posted in July.
LIVECHAT-REUTERS GLOBAL MARKETS FORUM
Thomas Hoenig, former president of the Kansas City Fed, discusses the state of the economy and his outlook on monetary policy post the Sep. 18 FOMC decision. (1000/ 1400) To join the conversation, email us here
Compiled by Lactus Fernandes in Bengaluru; Editing by Vijay Kishore
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Onlayn savdo platformamizda chop etilgan barcha materiallar faqat taʼlim/axborot maqsadlari uchun moʻljallangan va unda moliyaviy, investitsiya soligʻi yoki savdo maslahatlari va tavsiyalar; yoki bizning savdo narxlarimizning qaydlari; yoki har qanday moliyaviy vositalar bilan bitim tuzish maslahati yoki taklifi; yoki sizga kerak boʻlmagan moliyaviy reklama aksiyalari hisoblanmaydi
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