Gird your loins, fasten your seatbelt...According to BusinessInsider after a wildly volatile week in the markets last week, which
saw huge gains on Thursday and Friday, the coming week promises to be a massive
one for the entire global economy.
That's because there's going to be tons of economic data,
and potential action from the world's most important central banks.
Tomorrow, Monday, is actually pretty quiet, but starting
Tuesday it will be non-stop action all the way through Friday.
In the US on Tuesday are several important numbers: Personal
Income, Consumer Sentiment, Chicago PMI, and the Case-Shiller home price report.
Case-Shiller should be particularly interesting, given the growing belief that
home prices are in the process of bottoming.
Then on Tuesday night we get the start of the monthly ritual
of PMI day: When all the big economies around the world have their latest PMI
readings unveiled on the first of the month. China and South Korea will kick
things off, but the numbers will go all night, through Europe, and then of
course into the US, when the ISM will be released at 10:00 AM ET on Wednesday…..
Read about the rest at : http://www.businessinsider.com/preview-of-the-week-beginning-july-30-2012-7
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