Reuters - Video

Edition: US | UK | IN | CN | JP

Video

The U.S. Day Ahead: Fed's Bernanke on U.S. housing market

Thursday, February 09, 2012 - 02:00

Feb. 9 - Fed Chairman Ben Bernanke will talk about the housing market in transition before the 2012 National Association of Home Builders in Orlando, Florida.

▲ Hide Transcript

View Transcript

Here is your US day ahead Fed Chairman Ben Bernanke hit the podium in Orlando Florida Bernanke will talk about housing market and transition. Before that 2012. National Association of Home Builders international builders show. This is likely to focus on president Barack Obama's announcement. Avenue 25 billion dollar housing settlement that would turn the page on that period of abuse of foreclosure practices. Bernanke is not the only fed official talking housing tomorrow. Federal Reserve Bank of Cleveland president said European also will be discussing ways to create value in distressed neighborhoods. She speaks before the neighborhood housing services. A greater Cleveland. Recently other fed speakers have noted that it's still weak overall housing sector. Remains a major barrier to a more sustained -- stronger economic recovery. Spreading out the US economy it detailed investors expected to focus on the University of Michigan. Thomson Reuters preliminary report on consumer sentiment for any signs of nervousness about the strength of the recovery. Economists polled by Reuters C sentiment dipping this epic four point five from 75. The report follows on the heels of a com sports survey. Which showed an unexpected dip in consumer confidence in January. International trade data will also be on investor -- the December trade deficit is seen coming in at 48 billion dollars. Almost unchanged from November's 47 point 75 billion. Despite NYSE Euronext merger belts out the door bars the exchanges expected to show. Strong results tomorrow when it reports before the bell. Analysts estimate earnings per share at 48 cent compared to 46 cents a year ago. Companies benefited from an impressive lineup of IPOs last year. I'm Rhonda schaffler this is Reuters Insider.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

The U.S. Day Ahead: Fed's Bernanke on U.S. housing market

Thursday, February 09, 2012 - 02:00