On Tap Today: CPI Released and Starbucks Pours Out Its Earnings

Author:
Publish date:

Headlining today's full roster of economic events is the Consumer Price Index. The index -- which measures the change in cost of a representative basket of goods and services -- is a key inflationary indicator known to move markets.

Also today,

Starbucks

(SBUX) - Get Report

serves up fourth-quarter earnings results.

Expected Earnings Reports

This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change.

Economic Data

(

Forecasts are from

Reuters

. Times are Eastern. For a longer-term economic calendar and more, see

TSC's

Economic Databank.

)

  • 8:30 a.m.: Initial Jobless Claims for the week ended Saturday. Source: Labor Department. Forecast: 318,000. Previous: 344,000. Four-week average: Forecast: n.a. Previous: 317,250.
  • 8:30 a.m.: Consumer Price Index for October. Source: Labor Department. Forecast: +0.2%. Previous: +0.5%. Ex-food and energy: Forecast: +0.2%. Previous: +0.3%.
  • 8:30 a.m.: Real earnings for October. Source: Labor Department. Forecast: n.a. Previous: -0.1%.
  • 10 a.m.: Philadelphia Fed Index for November. Source: Philadelphia Fed. Forecast: n.a. Previous: -3.8.
  • 11 a.m.: Treasury buyback. Source: Treasury Department. The Treasury buys securities specified yesterday from dealers.
  • 1 p.m.: Housing Market Index for November. Source: National Association of Home Builders. Forecast: n.a. Previous: 63.
  • 2 p.m.: Federal Open Market Committee meeting minutes. Source: xx. The Fed releases the minutes of its monetary policymaking committee's Oct. 3 meeting.