Morning Coffee: Economic & Earnings Calendar for August 7, 2012

Posted on August 7, 2012

Todays global economic data shows the continuing recession in Europe with consumer prices, new orders, and industrial production contracting on both a monthly and annual basis in the countries reporting their various data points today.  However, I find it interesting that despite this the unemployment rate in Switzerland is only 2.9 percent.

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All times EST.

Today’s Global Economic Calendar
12:30 AM Australian Flag Australia: RBA Announcement Interest Rate UNCH at 3.5% 
02:00 AM Swiss Flag Switzerland: Unemployment 2.9% Seasonally adjusted 
03:15 AM Swiss Flag Switzerland: Consumer Price Index (CPI) Dn -0.5% MoM & -1.1% YoY 
04:00 AM Italian Flag Italy: Industrial Production Dn -1.4% MoM & -8.2% YoY
04:30 AM British Flag Great Britain: Industrial Production Dn -2.5% MoM & -4.3% YoY 
05:00 AM Italian Flag Italy: Gross Domestic Product (GDP) Dn -0.7% QoQ & -2.5% YoY 
06:00 AM German Flag Germany: Manufacturer Orders Dn -1.7% MoM & -7.8% YoY 
07:45 AM US Flag US: ICSC Weekly Retail Sales Flat WoW & Up 1.4% YoY 
08:55 AM US Flag US: Redbook Retail Sales  
10:00 AM Canadian Flag Canada: Ivey PMI
02:30 PM US Flag US: Ben Bernanke Speaks  
03:00 PM USA Flag US: Consumer Credit  
09:30 PM Australian Flag Australia: Home Loans  

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Notable earnings announcements today.

Notable Earnings Announcements
Company Ticker Consensus
Year Ago EPS Time of Day
Cablevision Systems Corp (2Q) CVC $0.19 $0.24 Before Mkt Open
CVS Caremark Corp (2Q) CVS $0.79 $0.65 Before Mkt Open
Emerson Electric Co (3Q) EMR $1.00 $0.90 Before Mkt Open
Expeditors International of Washington Inc (2Q) EXPD $0.43 $0.44 Anytime
Express Scripts Holding Co (2Q) ESRX $0.82 $0.71 After Mkt Close
Firstenergy Corp (2Q) FE $0.64 $0.65 Before Mkt Open
Fossil Inc (2Q) FOSL $0.78 $0.80 Before Mkt Open
March & McLennan Companies Inc (2Q) MMC $0.58 $0.50 Before Mkt Open
Molson Coors Brewing Co (2Q) TAP $1.19 $1.23 Anytime
Ecolab Inc (2Q) ECL $0.72 $0.64 Before Market Open
Edison International (2Q) EIX $0.30 $0.54 After Market Close
Electronic Arts Inc (1Q) EA -$0.42 -$0.37 After Market Close
Entergy Corp (2Q) ETR $1.66 $1.76 Before Market Open
FMC Corp (2Q) FMC -$0.04 -$0.04 After Market Close
Frontier Communications Corp (2Q) FTR $0.05 $0.05 After Market Close
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