The day ahead: Wednesday


Apart from the FOMC decision,  Wednesday’s highlights include two U.S. IPOs and results from General Mills.

*  The Federal Open Market Committee is expected to hold the target range for overnight interest rates steady at zero to 0.25 percent until at least 2010.

from MacroScope:

Graphic: GDP of the G20 Nations

The G20 is made up of the finance ministers and central bank governors of 19 countries and the European Union.

The day ahead: Tuesday


IPOs from Colony Financial and Apollo Commercial Real Estate kick off the biggest week for U.S. IPOs in nearly two years.

In other news:

*  The Federal Reserve begins its two-day open markets committee meeting.

*  World leaders meet at U.N. headquarters in New York for a one-day climate summit.

Graphic: G20 Summit Protests


Graphic: Census of the Arctic


The day ahead: Friday


Light on earnings and economic data, equity markets may be volatile on this quadruple witching day.

*  Friday marks the quarterly expiration and settlement of four different types of September equity futures and options contracts. The “quadruple witching” can lead to greater volume and volatility as players adjust and exercise derivative positions.