WOW!..WHAT A DAY!...HERE'S OVERNIGHT DATA AND EVENTS:(market expectations, last observation)
> US Federal Reserve Bank of Philadelphia President Charles Plosser on increasing interest rates: If we fail to do so, we run the risk of keeping real interest rates too low for too long and injecting liquidity into a growing economy at a pace that will create inflation above desirable levels later in the business cycle... Inflation is a monetary phenomenon, and the stance of monetary policy has been very accommodative during the last 18 months.
> BOE Monetary Policy Committee Member Andrew Sentence to Guardian Newspaper: may adopt wait and see approach as it comes to the stage at which it will have to pause bond purchases and monitor the impact.
> US Treasury Federal Budget Deficit Summary (Dec) rose to -$91.9B (-$92.0B, -$51.8B) in December as higher unemployment reduced revenue and the government spent money to help the economy recover. The December figure caps a calendar year in which the deficit widened to an all-time high.
> US Fed Beige Book said the US economy improved in 10 of the Federal Reserves 12 districts in December, marking a broadening of what is still a modest recovery. The Philadelphia and Richmond Fed districts reported mixed conditions.
> US MBA Mortgage Market Index (w/e 8 Jan) rose 14.3% (0.5%) last week to 528.1 led by a rebound in refinancing activity. The groups refinancing index jumped 22%, while the purchase index advanced 0.8%.
> UK Manufacturing Production m/m (Nov) unexpectedly stalled for the second month0.0% (0.2%, 0.0%) in Novembersuggesting that the sector is struggling to recover.
> UK Manufacturing Production y/y (Nov): -5.4% (-5.1%, -7.8%)
> UK Industrial Production m/m (Nov): 0.4% (0.3%, 0.0%)
> UK Industrial Production y/y (Nov): -6.0% (-6.1%, -8.4%)
> UK NIESR GDP Estimate q/q (Dec): 0.3% (0.2%)
HOPE EVERYONE DID WELL TODAY!
- Forums
- ASX - Day Trading
- daytrade diaries... january 14 part 2
WOW!..WHAT A DAY!...HERE'S OVERNIGHT DATA AND EVENTS:(market...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online