Category: Markets / Finance / March 24, 2013 5:39 PM EDT
Wall Street closed higher on Friday with as all eyes focused on Cyprus, as the country’s parliament tries to agree on a crucial bailout over the weekend as the deadline looms.
The European Central Bank is declaring to cut off financing for Cypriot banks unless a deal is passed.
In addition to the on-going events in Cyprus, here’s a preview of next week's economic calendar and events:
The ECB is giving Cyprus a Monday deadline to pass a bailout package that Cyprus needs to keep its banks from collapsing.
Also on Monday, the Chicago Fed national activity index and the Dallas Fed manufacturing survey are issued, and Federal Reserve Chairman Ben Bernanke will speak.
For Tuesday, Durable goods orders, the S&P/Case Shiller home price index, new home sales, and consumer confidence are released.
Pending home sales and oil inventories are published Wednesday.
The third estimate of 4th quarter and annual 2012 GDP is announced on Thursday, along with jobless claims, Chicago PMI, natural gas inventories and the Fed balance sheet/money supply are issued.
U.S. markets are closed for the Good Friday holiday, but personal income & outlays, consumer sentiment are released.
(Video Source: REUTERS)