by Bill McBride on 11/11/2012 08:21:00 PM
Monday:
? Bond markets and banks will be closed in observance of Veterans Day. The stock market will be open.
? 4:00 AM ET: Eurozone Finance Ministers Meeting
On Greece, from the Financial Times: Greece battles to avert ?5bn default
Greece is battling to raise funds to avoid defaulting on a ?5bn debt repayment this week ...From CNBC: Pre-Market Data and Bloomberg futures: the S&P futures are down 1 and DOW futures are slightly down.The country?s debt management office has announced plans to cover the full amount through a treasury bill auction on Tuesday, but Greek banks expected to buy the issue can only raise about ?3.5bn of collateral acceptable to the European Central Bank ...
Senior EU officials, however, said they remain doubtful a deal can be struck at Monday?s meeting of finance ministers in Brussels ...
excerpt with permission
Oil prices are down slightly with WTI futures at $85.96 per barrel and Brent at $109.03 per barrel. Gasoline prices have been falling.
Weekend:
? Summary for Week Ending Nov 9th
? Schedule for Week of Nov 11th
Two more questions this week for the November economic prediction contest (Note: You can now use Facebook, Twitter, or OpenID to log in).
Source: http://www.calculatedriskblog.com/2012/11/monday-veterans-day.html
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