Morning Coffee: Economic & Earnings Calendar for July 9, 2012

Posted on July 9, 2012


Alcoa kicks off the earnings parade this evening when they report their Q3 earnings after the market close.  I expect a negative impact on the revenues and earnings of all US multinationals due to a lower average EUR/USD exchange rate during Q2. This will continue into Q3 as well now that the European Central Bank has lowered interest rates by 25 basis points.  

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All times US Eastern Standard Time.

Today’s Global Economic Calendar
ANYTIME Chinese Flag China: Merchandise Trade  
01:45 AM Swiss Flag Switzerland: Unemployment 2.9%
02:00 AM German Flag Germany: Merchandise Trade May Surplus of €15.0B
10:30 AM Canadian Flag Canada: BOC Business Outlook Survey
03:00 PM US Flag US: Consumer Credit

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Notable Earnings Announcements
Company Ticker Consensus
Estimate
EPS
Year Ago EPS Time of Day
Alcoa (1Q) AA $0.05 $0.32 After Market Close
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Posted in: Morning Coffee