GDP Reports

Key economic data for the last week of May 2010 starting May 24th, 2010.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
05/24/10 10:00 AM	Existing Home Sales	Apr		5.65M	5.4M
05/25/10 9:00 AM	Case-Shiller 20-city Index	Mar		2.8%	0.6%
05/25/10 10:00 AM	Consumer Confidence	May		58.3	57.9
05/25/10 10:00 AM	FHFA Housing Price Index	Mar		NA	-0.2%
05/26/10 8:30 AM	Durable Orders	Apr		1.4%	-0.3%
05/26/10 8:30 AM	Durable Orders ex Transportation	Apr		0.5%	3.5%
05/26/10 10:00 AM	New Home Sales	Apr		425	411
05/26/10 10:30 AM	Crude Inventories	05/22		NA	0.162M
05/27/10 8:30 AM	GDP - Second Estimate	Q1		3.3%	3.2%
05/27/10 8:30 AM	GDP Deflator - Second Estimate	Q1		0.9%	0.9%
05/27/10 8:30 AM	Initial Claims	05/22		455K	NA
05/27/10 8:30 AM	Continuing Claims	05/22		4600K	NA
05/28/10 8:30 AM	Personal Income	Apr		0.4%	0.3%
05/28/10 8:30 AM	Personal Spending	Apr		0.3%	0.6%
05/28/10 8:30 AM	PCE Prices - Core	Apr		0.1%	0.1%
05/28/10 9:45 AM	Chicago PMI	May		60.0	63.8
05/28/10 9:55 AM	U. Michigan Consumer Sentiment	May		73.7	73.3

Calendar key:
Actual refers to the actual figures after t

Options Expiration

Key economic data for the third week of May 2010 starting April 17th, 2010. The coming week is an options expiration week. As a rule, during options expiration higher volatility could be expected.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
05/17/10 9:00 AM	Net Long-Term TIC Flows	Feb	40.0	47.1
05/18/10 8:30 AM	Building Permits	Apr	680K	680K
05/18/10 8:30 AM	Core PPI	Apr	0.1%	0.1%
05/18/10 8:30 AM	Housing Starts	Apr	656K	626K
05/18/10 8:30 AM	PPI	Apr	0.1%	0.7%
05/19/10 8:30 AM	Core CPI	Apr	0.0%	0.0%
05/19/10 8:30 AM	CPI	Apr	0.1%	0.1%
05/19/10 10:30 AM	Crude Inventories	05/15	NA	1.95M
05/20/10 8:30 AM	Continuing Claims	05/15	4600K	4627K
05/20/10 8:30 AM	Initial Claims	05/15	440K	444K
05/20/10 10:00 AM	Leading Indicators	Apr	0.2%	1.4%
05/20/10 10:00 AM	Philadelphia Fed	May	21.3	20.2

Calendar key:
Actual refers to the actual figures after their release.

Export/Import

Key economic data for the second week of May 2010 starting May 11th, 2010. There are no economic reports on Monday May 10, 2010

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
05/11/10 10:00 AM	Wholesale Inventories	Mar	0.5%	0.6%
05/12/10 2:00 PM	Treasury Budget	Apr	-$20.0B	-$20.9B
05/12/10 8:30 AM	Trade Balance	Mar	-$40.0B	-$39.7B
05/12/10 10:30 AM	Crude Inventories	05/08	NA	2.75M
05/13/10 8:30 AM	Continuing Claims	05/08	4590K	4594K
05/13/10 8:30 AM	Initial Claims	05/08	440K	444K
05/13/10 8:30 AM	Export Prices ex-ag.	Apr	NA	0.6%
05/13/10 8:30 AM	Import Prices ex-oil	Apr	NA	0.2%
05/14/10 8:30 AM	Retail Sales	Apr	0.2%	1.9%
05/14/10 8:30 AM	Retail Sales ex-auto	Apr	0.5%	0.9%
05/14/10 9:15 AM	Capacity Utilization	Apr	73.8%	73.2%
05/14/10 9:15 AM	Industrial Production	Apr	0.6%	0.1%
05/14/10 9:55 AM	Mich Sentiment	May	73.5	72.2
05/14/10 10:00 AM	Business Inventories	Mar	0.4%	0.5%

Auto and Truck Sales Report on Monday

Key economic data for the First week of May 2010 starting may 3rd, 2010.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
05/03/10 2:00 PM	Auto Sales	Apr	4.2M	4.3M
05/03/10 2:00 PM	Truck Sales	Apr	4.6M	4.8M
05/03/10 8:30 AM	Personal Income	Mar	0.3%	0.0%
05/03/10 8:30 AM	Personal Spending	Mar	0.6%	0.3%
05/03/10 10:00 AM	Construction Spending	Mar	-0.3%	-1.3%
05/03/10 10:00 AM	ISM Index	Apr	60.0	59.6
05/04/10 10:00 AM	Factory Orders	Mar	-0.2%	0.6%
05/04/10 10:00 AM	Pending Home Sales	Mar	5.0%	8.2%
05/05/10 8:15 AM	ADP Employment Change	Apr	30K	-23K
05/05/10 10:00 AM	ISM Services	Apr	56.1	55.4
05/05/10 10:30 AM	Crude Inventories	05/01	NA	1.96M
05/06/10 8:30 AM	Continuing Claims	05/01	4600K	4645K
05/06/10 8:30 AM	Initial Claims	05/01	440K	448K
05/06/10 8:30 AM	Productivity-Prel	Q1	2.4%	6.9%
05/07/10 3:00 PM	Consumer Credit	Mar	-$3.9B	-$11.5B
05/07/10 8:30 AM	Unemployment Rate	Apr	9.7%	9.7%
05/07/10 8:30 AM	Nonfarm Payrolls	Apr	187K	162K
05/07/10 8:30 AM	Average Workweek	Apr	34.0	34.0
05/07/10 8:30 AM	Hourly Earnings	Apr	0.1%	-0.1%

Consumer Confidence

Key economic data for the last week of April 2010 starting April 27th, 2010. There are no economic reports on April 26th, 2010.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
04/27/10 9:00 AM	Case-Shiller 20-city Index (y/y)	Feb	1.1%	-0.7%
04/27/10 10:00 AM	Consumer Confidence	Apr	53.7	52.5
04/28/10 2:15 PM	FOMC Rate Decision	4/28	0.25%	0.25%
04/28/10 10:30 AM	Crude Inventories	04/24	NA	1.89M
04/29/10 8:30 AM	Continuing Claims	04/17	4625K	4646K
04/29/10 8:30 AM	Initial Claims	04/24	440K	456K
04/30/10 8:30 AM	GDP-Adv.	Q1	3.2%	5.6%
04/30/10 8:30 AM	Chain Deflator-Adv.	Q1	0.9%	0.5%
04/30/10 8:30 AM	Employment Cost Index	Q1	0.5%	0.5%
04/30/10 9:45 AM	Chicago PMI	Apr	59.8	58.8
04/30/10 9:55 AM	Mich Sentiment	Apr	71.5	69.5

New Home Sales

Key economic data for the third week of April 2010 starting April 19th, 2010. The coming week is not rich on economic reports.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
04/19/10 10:00 AM	Leading Indicators	Mar	1.0%	0.1%
04/21/10 10:30 AM	Crude Inventories	04/17	NA	-2.20M
04/22/10 8:30 AM	Initial Claims	04/17	455K	484K
04/22/10 8:30 AM	Continuing Claims	04/10	4600K	4639K
04/22/10 8:30 AM	PPI	Mar	0.5%	-0.6%
04/22/10 8:30 AM	Core PPI	Mar	0.1%	0.1%
04/22/10 10:00 AM	Existing Home Sales	Mar	5.30M	5.02M
04/22/10 10:00 AM	FHFA Home Price Index	Feb	-0.2%	-0.6%
04/23/10 8:30 AM	Durable Orders	Mar	0.2%	0.9%
04/23/10 8:30 AM	Durable Orders ex auto	Mar	0.6%	1.4%
04/23/10 10:00 AM	New Home Sales	Mar	325K	308K

Beige Book

Key economic data for the second week of April 2010 starting April 12th, 2010. The coming week is not rich on economic reports. Next week is an options expiration week.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
04/12/10 2:00 PM	Treasury Budget	Mar	$67.5B	-$191.6B
04/13/10 8:30 AM	Export Prices ex-ag.	Mar	NA	-0.2%
04/13/10 8:30 AM	Import Prices ex-oil	Mar	NA	0.2%
04/13/10 8:30 AM	Trade Balance	Feb	-$39.0B	-$37.3B
04/14/10 2:00 PM	Fed's Beige Book	Apr	NA	NA
04/14/10 8:30 AM	CPI	Mar	0.1%	0.0%
04/14/10 8:30 AM	Core CPI	Mar	0.1%	0.1%
04/14/10 8:30 AM	Retail Sales	Mar	1.1%	0.3%
04/14/10 8:30 AM	Retail Sales ex-auto	Mar	0.5%	0.8%
04/14/10 10:00 AM	Business Inventories	Feb	0.3%	0.0%
04/14/10 10:30 AM	Crude Inventories	04/10	NA	1.98M
04/15/10 8:30 AM	Continuing Claims	04/03	4600K	4550K
04/15/10 8:30 AM	Initial Claims	04/10	440K	460K
04/15/10 9:00 AM	Net Long-Term TIC Flows	Jan	NA	$19.1B
04/15/10 9:15 AM	Capacity Utilization	Mar	73.3%	72.7%
04/15/10 9:15 AM	Industrial Production	Mar	0.7%	0.1%
04/15/10 10:00 AM	Philadelphia Fed	Apr	20.0	18.9
04/16/10 8:30 AM	Building Permits	Mar	626K	637K
04/16/10 8:30 AM	Housing Starts	Mar	610K	575K
04/16/10 9:55 AM	Mich Sentiment	Apr	75.0	73.6

FOMC Meeting

Key economic data for the first week week of April 2010 starting April 5th, 2010. The coming week is not rich on economic reports.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
04/05/10 10:00 AM	ISM Services	Mar	53.6	50.0
04/05/10 10:00 AM	Pending Home Sales	Feb	-1.0%	-7.6%
04/06/10 2:00 PM	Minutes of FOMC Meeting
04/07/10 3:00 PM	Consumer Credit	Feb	$1.6B	$5.0B
04/07/10 10:30 AM	Crude Inventories	04/03	NA	2.93M
04/08/10 8:30 AM	Continuing Claims	03/27	NA	4662K
04/08/10 8:30 AM	Initial Claims	04/03	433K	439K
04/09/10 10:00 AM	Wholesale Inventories	Feb	0.3%	-0.1%

Income, Emplyment and consumer Confidence

Key economic data for the last week of March and first week of April 2010 starting March 29th, 2010.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
03/29/10 8:30 AM	Personal Income	Feb	0.1%	0.1%
03/29/10 8:30 AM	Personal Spending	Feb	0.3%	0.5%
03/29/10 8:30 AM	PCE Prices - Core	Feb	0.1%	0.0%
03/30/10 9:00 AM	Case-Shiller 20-city Index	Jan	-0.6%	-3.1%
03/30/10 10:00 AM	Consumer Confidence	Mar	50.0	46.0
03/31/10 8:15 AM	ADP Employment Change	Mar	40K	-20K
03/31/10 9:45 AM	Chicago PMI	Mar	61.0	62.6
03/31/10 10:00 AM	Factory Orders	Feb	0.5%	1.7%
03/31/10 10:30 AM	Crude Inventories	03/27	NA	7.25M
04/01/10 2:00 PM	Auto Sales	Mar	NA	3.7M
04/01/10 2:00 PM	Truck Sales	Mar	NA	4.2M
04/01/10 8:30 AM	Continuing Claims	03/20	4600K	4648K
04/01/10 8:30 AM	Initial Claims	03/27	440K	442K
04/01/10 10:00 AM	Construction Spending	Feb	-1.0%	-0.6%
04/01/10 10:00 AM	ISM Index	Mar	57.0	56.5
04/02/10 8:30 AM	Nonfarm Payrolls	Mar	190K	-36K
04/02/10 8:30 AM	Unemployment Rate	Mar	9.7%	9.7%
04/02/10 8:30 AM	Average Workweek	Mar	33.9	33.8
04/02/10 8:30 AM	Hourly Earnings	Mar	0.2%	0.1%

Home Sales

Key economic data for the forth week of March 2010 starting March 23rd, 2010. There are no economic news on Monday March 22nd, 2010.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

Date	Release	For	Consensus	Prior
03/23/10 10:00 AM	Existing Home Sales	Feb	5.00M	5.05M
03/23/10 10:00 AM	FHFA Home Price Index	Jan	-0.9%	-1.6%
03/24/10 8:30 AM	Durable Orders	Feb	0.5%	2.6%
03/24/10 8:30 AM	Durable Orders ex Auto	Feb	0.5%	-1.0%
03/24/10 10:00 AM	New Home Sales	Feb	315K	309K
03/24/10 10:30 AM	Crude Inventories	03/20	NA	1.01M
03/25/10 8:30 AM	Continuing Claims	03/13	4560K	4579K
03/25/10 8:30 AM	Initial Claims	03/20	450K	457K
03/26/10 8:30 AM	GDP - Third Estimate	Q4	5.9%	5.9
03/26/10 8:30 AM	GDP Deflator - Third Estimate	Q4	0.4%	0.4%
03/26/10 9:55 AM	Michigan Sentiment - Final	Mar	73.0	72.5