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Trading Calendar March 21-25, 2011

Here is your weekly trading calendar of scheduled economic data releases and other potential market moving events for the trading week of March 21-25, 2011.
 
Which event this week will have the greatest effect on the market?  Place your comments below!!!
 
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MONDAY:
10:00 Existing Home Sales, February: 5.05M expected, 5.36M prior 
 
TUESDAY:
10:00 FHFA Housing Price I, January: -0.3% prior
 
WEDNESDAY:
7:00   MBA Mortgage Index, 03/18: -0.7% prior
10:00 New Home Sales, February: 288K expected, 284K prior
10:30 Crude Inventories, 03/19: 1.745M prior 
 
THURSDAY:
8:30   Initial Claims, 03/19: 384K expected, 385K prior
8:30   Continuing Claims, 03/19: 3700K expected, 3706K prior
8:30   Durable Orders, February: 0.9% expected, 3.2% prior (revised from 2.7%)
8:30   Durable Orders ex-Transports, February: 1.8% expected, -3.0% prior (revised from -3.6%) 
 
FRIDAY: 
8:30   GDP - Third Estimate, Q4: 2.9% expected, 2.8% prior
8:30   GDP Deflator - Third, Q4: 0.4% expected, 0.4% prior
9:55   Michigan Sentiment - Preliminary, March: 68.0 expected, 68.2  
 
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