COMING THIS WEEK
MONDAY--Brazil is expected to win a vote confidence from the International Monetary Fund the government and lending agency reach an agreement on new economic goals that Brazil must meet to receive $9 billion in new funds.
TUESDAY--The Commerce Department releases its monthly report on new home sales today, and economists expect January figures to fall 0.8% to an annual rate of 970,000. That follows a 3.6% drop in December.
The Conference Board issues its index of leading economic indicators for January, which is expected to rise 0.3% after rising 0.3% in December.
THURSDAY--The Labor Department’s weekly report on first-time jobless claims is expected to provide further evidence that U.S. companies are creating jobs faster than they are cutting them. Claims probably by 2,000 to 295,000 last week. The four-week moving average is expected to fall 292,500--the lowest level in ten years.
The Commerce Department is expected to report further improvements in manufacturing when it releases its January factory orders. Orders are expected to rise 1.7% in January after rising 2/3% in December.
For more business events scheduled this week, please see C2.
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