Stock market is expected to open flat higher tomorrow based on the chart. It is a sideways trading market which can be frustrating at time, so keep patience while trading this market. Syria and Tapering news will keep making headline. But the main focus tomorrow will be ECB interest rate decision and Ecb's Draghi speech.
I'll be watching CIEN, NAV, GIII, GWRE.
Notable earnings before Wednesday’s open
CIEN, DG, FRAN, NAV, SAI, VRNT
Notable earnings after Wednesday’s close
BV, DDC, FCEL, MIND
Economic Calendar:
| Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 1:30 | EUR | French ILO Unemployment Rate (Final) | low | 11 | 10.8 | |||||
| 6:00 | EUR | German Factory orders (sa) | med | -1 | 3.6 | |||||
| 6:00 | EUR | German Factory orders (nsa) | med | 2.9 | 4.3 | |||||
| 6:30 | EUR | EU's Van Rompuy and Barroso brief press in St. Petersburg | low | |||||||
| 7:45 | EUR | ECB - Interest Rate | high | 0.5 | 0.5 | |||||
| 8:15 | USD | ADP Employment Survey | med | 185 | 200 | |||||
| 8:30 | EUR | ECB President Draghi gives press conference following interest rate announcement | high | |||||||
| 8:30 | USD | Initial Claims | med | 330 | 331 | |||||
| 8:30 | USD | Unit labour costs (Final) | low | 0.9 | 1.4 | |||||
| 8:30 | USD | Non Farm Productivity (Final) | low | 1.5 | 0.9 | |||||
| 10:00 | USD | Ism non-manufacturing | high | 55 | 56 | |||||
| 10:00 | USD | Factory orders | med | -3.5 | 1.5 | |||||
| 20:00 | EUR | EU Foreign Ministers hold meeting in Lithuania (to 7th) | med | |||||||
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