Sunday, May 3, 2009

Week 19: Economic Calendar



Above are weekly economic calendar, from Action Economics, Businessweek:

There are some interesting events happen in this coming week. Trader will closely watch out for Stress Test result, expected to be released at Thursday.

Labor Dept.'s employment report for April will be released at Wednesday. Unemployment rate is the key for economy recovery. As long as unemployment rate stay high, the consumer spending will be slowed. Therefore, the recovery process will be longer.

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