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The National Federation of Independent Business issues the Small Business Optimism Index for
February. U.S. small business confidence fell 1.3 points to 93.9 in January, its lowest level in
nearly two years. (0600/1100)
U.S. airlines, including American Airlines, Southwest Airlines and others, present at the
JPMorgan (NYSE:JPM) Aviation, Transportation & Industrials Conference. Investors will look for any comments
on the impact of the Zika virus outbreak and for any new forecasts on airlines' passenger unit
revenue, an indicator of traveler demand. Air Canada Chief Executive Calin Rovinescu will also
present at the conference.
Chevron Corp (NYSE:CVX) hosts 2016 Security Analyst Meeting. The company aims to convince analysts and
investors that its dividend - raised annually for more than 28 years - can withstand the low oil
price environment, which has already forced smaller rivals to cut their quarterly payout.
Billionaire investor Bill Ackman speaks at the Harbor Investment Conference. Fund managers Bruce
Berkowitz, Phil Hilal, Ben Axler and Whitney Tilson will also speak about their best ideas.
International Monetary Fund First Deputy Managing Director David Lipton speaks at the National
Association for Business Economics Annual Economic Policy Conference in Washington on Tuesday.
(0800 /1300) The same day, U.S. Treasury Assistant Secretary for Economic Policy Karen Dynan is
scheduled to speak on "a view from the Treasury Department" at the National Association for
Business Economics Annual Economic Policy Conference in Washington. (0935/1435)
The Canadian Mortgage and Housing Corp releases housing starts data. The seasonally adjusted
annualized rate of housing starts is expected to have increased to 180,000 units in February
from 165,861 units in January. (0815/1315) Separately, the value of Canadian building permits is
expected to have dropped 2.5 percent in January after rising 11.3 percent in December.
(0830/1330)
LATAM Airlines Group SA, Latin America's largest airline, reports fourth-quarter results.
Economic woes in Brazil are expected to have weighed heavily on airlines, along with currency
headwinds and the Zika virus outbreak. The outbreak is expected to affect the company's
long-haul flights business, which was doing well. The company is expected to report a net loss
for the third year in a row.
Chile's consumer price index is expected to have increased 0.3 percent in February, following a
rise of 0.5 percent in January. Rising consumer prices have continually surprised the market
over the past two years, remaining well above the central bank's target range. A long
anticipated cooling is yet to happen and it has complicated monetary policy. Core inflation is
expected to have risen 0.3 percent in the month. (0600/1100)
A panel of independent experts, chaired by David Heymann, holds a teleconference to assess
latest data on the link between the Zika virus outbreak in Latin America and neurological
conditions, and to review recommendations concerning travel, trade and advice for pregnant
women.
LIVECHAT - THE GREAT RATES DEBATE with Dr. Andrew Lilico, Principal, Europe Economics
Are negative rates the only trick in central banks' toolbox? Find out in our European Central
Bank policy meeting preview chat with Dr. Andrew Lilico, principal at Europe Economics, fellow
of the Institute of Economic Affairs and chairman of the IEA/Sunday Times Monetary Policy
Committee. (0600/1100) To join the Global Markets Forum, click here