There’s not much to report on the economic front Monday, but at 12:30, you can catch the TD Ameritrade (Nasdaq: AMTD) Investor Movement Index (IMX). The IMX is a measure of investor sentiment, but unlike the State Street (STT) measure, the IMX seeks to see what smaller individual investors are up to, versus institutions. Last month, the data for January showed the index at 4.71.
A week after Fed Chairman Bernanke addressed Congressional panels, Vice Chairperson Janet Yellen speaks to the National Association for Business Economics Policy Conference. The Sequester issue has been fully vetted at this point, so I wouldn’t look for much market movement on any talk to the subject. Investors are always attuned for any signs of future Fed action, so you will want to catch a summary of Yellen’s presentation just the same.
Eurozone Finance Ministers are meeting Monday. We would not expect anything but positive lip service from the group. At the same time, G-20 members are meeting in Moscow, where the IMF will gather in April.
Keeping with the geopolitical theme, new Secretary of State John Kerry will speak to Arab leaders in Saudi Arabia. Another grouping is gathering in Istanbul to discuss Syria and how to best assist the rebel movement there.
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