daytrades oct 14 afternoon, page-2

  1. 25,108 Posts.
    Thanks highlandlad!

    1pm - 'Economic news' courtesy reminder time Traders!

    'Market Focus' in the US this evening

    "Further improvement in jobless claims would deepen questions about the lack of payroll growth." [Source: nasdaq.com., Mark Pender]

    'Market Reflections' from the last trading session (13.10.2010)

    "Asian gains following yesterday's FOMC minutes, minutes that confirm expectations for new liquidity, helped give the Dow a seven tenths boost to 11,096. The dollar is extending its slide, down another four tenths on the dollar index to just over 77. Talk of currency devaluations continue to give gold a lift, hitting another at $1,374. Rates are little changed while oil is at $83." [Source: nasdaq.com., Mark Pender]
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    Of note in the US this evening:-

  2. International Trade [ Market moving indicator]
    [International trade is composed of merchandise (tangible goods) and services. It is available nationally by export, import and trade balance. Merchandise trade is available by export, import and trade balance for six principal end-use commodity categories and for more than one hundred principal Standard International Trade Classification (SITC) system commodity groupings. Data are also available for 36 countries and geographic regions. Detailed information is reported on oil and motor vehicle imports. Services trade is available by export, import and trade balance for seven principal end-use categories.]

  3. Producer Price Index [ Market moving indicator]
    [The Producer Price Index (PPI) is a measure of the average price level for a fixed basket of capital and consumer goods received by producers.]

  4. Jobless Claims [ Merits extra attention]
    [New unemployment claims are compiled weekly to show the number of individuals who filed for unemployment insurance for the first time. An increasing (decreasing) trend suggests a deteriorating (improving) labor market. The four-week moving average of new claims smoothes out weekly volatility.]

  5. EIA Natural Gas Report [ Merits extra attention]
    [The Energy Information Administration (EIA) provides weekly information on natural gas stocks in underground storage for the U.S., and three regions of the country. The level of inventories helps determine prices for natural gas products.]

  6. EIA Petroleum Status Report [ Merits extra attention]
    [The Energy Information Administration (EIA) provides weekly information on petroleum inventories in the U.S., whether produced here or abroad. The level of inventories helps determine prices for petroleum products.]

  7. Narayana Kocherlakota speaks
    [Minnesota Federal Reserve Bank President - Speech to the UMACHA Payments Conference in Bloomington, Minnesota.]

  8. Money Supply
    [The monetary aggregates are alternative measures of the money supply by degree of liquidity. Changes in the monetary aggregates indicate the thrust of monetary policy as well as the outlook for economic activity and inflationary pressures.]

  9. 3-Month Bill Announcement; 6-Month Bill Announcement; 52-Week Bill Announcement; and 30-Yr Bond Auction [Weekly Bill Settlement]
    [Treasury bills are sold at public auctions every week; and Treasury notes are sold at regularly scheduled public auctions.]
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    ... AND ...
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    Of note in Australia tomorrow:-

  10. Please note there is no noteworthy 'Economic news' due to be released in Australia tomorrow.

    [Sources used: nasdaq.com & fxstreet.com]
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    ASX Market Watch (widget snapshot)



    Gold Spot Price atm (Kitco)



  11. ... and the DOW futures are currently Up 38 pts atm (Live)!
 
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