Weekly Outlook: Fed Nomination and OPEC

Two events are likely to dominate headlines this week. OPEC officials will meet Thursday to decide whether more crude oil supply cuts are warranted.  Meanwhile, the Senate Banking committee will hold a hearing for Fed Chair nominee Jerome Powell.

Economic Calendar

Monday:

Minneapolis Federal Reserve Bank President Neel Kashkari Speech 6:30 PM ET

New York Federal Reserve Bank President William Dudley Speech 7:00 PM ET

Tuesday:

S&P Corelogic Case-Shiller HPI 9:00 AM ET

Senate Hearing on Jerome Powell Federal Reserve Nomination 10:00 AM ET

Wednesday:

San Francisco Federal Reserve Bank President John Williams Speech 1:50 PM ET

Beige Book 2:00 PM ET

Thursday:

OPEC Meeting 

Dallas Federal Reserve Bank President Robert Kaplan Speech 1:00 PM ET

Friday: 

Five Stories to Read

Will the OPEC meeting maintain oil price gains? (Financial Times – paywall)

Powell’s confirmation hearings may lack drama (Fox Business)

The bitcoin surge continues toward $10,000 (Bloomberg)

Shell wants to bring the world more electric vehicle charging stations (Financial Times – paywall)

China’s debt is growing fast (Reuters)

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