Economic Data Scheduled For Thursday
- The Challenger job-cut report for December is scheduled for release at 7:30 a.m. ET.
- Data on international trade report for November will be released at 8:30 a.m. ET. Analysts expect total trade deficit increasing to $66.8 billion in November from $63.1 billion in October.
- Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Jobless claims are expected to rise to 803,000 for the latest week from 787,000 in the previous week.
- Federal Reserve Bank of Philadelphia President Patrick Harker is set to speak at 9:00 a.m. ET.
- The ISM's services index for December is scheduled for release at 10:00 a.m. ET. The index is likely to decline to 54.6 last month versus November's 55.9.
- The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.
- The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
- Federal Reserve Bank of St. Louis President James Bullard will speak at 12:00 p.m. ET.
- Federal Reserve Bank of Chicago President Charles Evans is set to speak at 1:00 p.m. ET.
- Federal Reserve Bank of San Francisco President Mary Daly will speak at 3:00 p.m. ET.
- Data on money supply for the latest week will be released at 4:30 p.m. ET.
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