The Week Ahead: Energy and Gold Earnings, Fed Highlight Short Week

January's FOMC meeting minutes, as well as earnings from WMT and gold and energy names, will be in focus

Feb 11, 2016 at 3:04 PM
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With markets closed Monday for Presidents Day, it will be a short week, though Wall Street will be far from boring. The Federal Open Market Committee's (FOMC) latest meeting minutes will highlight a week still chock-full of economic reports, with traders trying to glean even more insight into the Fed's posture. In addition, a handful of central bankers will step up to the mic. On the earnings side, Dow component Wal-Mart Stores, Inc. (NYSE:WMT) will headline, with a plethora of both energy and gold companies slated to report.

Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates. 

Monday, 2/15

Markets will be closed for Presidents Day.

Tuesday, 2/16

The Empire State manufacturing index and National Association of Home Builder (NAHB) housing market index will start the day, with Treasury International Capital (TIC) data due in the afternoon. Philadelphia Fed President Patrick Harker, Minneapolis Fed President Neel Kashkari, and Boston Fed President Eric Rosengren are all slated to speak throughout the day.

Agilent (A), Baxalta (BXLT), Boyd Gaming (BYD), Cerner (CERN), Cheesecake Factory (CAKE), Devon Energy (DVN), Express Scripts (ESRX), First Energy (FE), Fossil (FOSL), Hormel Foods (HRL), Vasco Data Security (VDSI), and Yandex NV (YNDX) are among the companies stepping into the earnings confessional.

Wednesday, 2/17

Housing starts and building permits, the producer price index (PPI), and industrial production figures will be reported, but all eyes will be on the release of last month's FOMC meeting minutes. St. Louis Fed President James Bullard will also give a speech in the evening.

Stepping up to the earnings plate are Barrick Gold (ABX), NVIDIA (NVDA), Priceline (PCLN), SunPower (SPWR), Analog Devices (ADI), Bloomin' Brands (BLMN), Denny's (DENN), Dr Pepper Snapple (DPS), Garmin (GRMN), GoDaddy (GDDY), IAMGOLD (IAG), Jack in the Box (JACK), Marathon Oil (MRO), Marriott (MAR), NetApp (NTAP),  Newmont Mining (NEM), Noble Energy (NBL), Shopify (SHOP), and T-Mobile US (TMUS).

Thursday, 2/18

The weekly crude inventories report will be released, delayed by a day due to Monday's holiday. Weekly jobless claims and the Philadelphia Fed business outlook survey will round out the day, along with a speech from San Francisco Fed President John Williams.

On the earnings front, Wal-Mart (WMT), Cabela's (CAB), Cheniere Energy (LNG), DISH Network (DISH), Duke Energy (DUK), Hyatt Hotels (H), Melco Crown Entertainment (MPEL), MGM Resorts (MGM), Nordstrom (JWN), SodaStream (SODA), Starwood Hotels & Resorts (HOT), Virgin America (VA), and Yamana Gold (AUY) will report quarterly figures.

Friday, 2/19

The week wraps up with the consumer price index (CPI) and a speech from Cleveland Fed President Loretta Mester. Earnings will also take a breather, with Cabot Oil & Gas (COG), Deere (DE), and V.F. Corp (VFC) among a short list of companies giving their quarterly reports.

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