daytrades april 13 afternoon, page-61

Sorry it's a bit late today guys, been trying to do too many things at once:-

2pm - 'Economic news' courtesy reminder time Traders,

Traders, please note the following 'Economic news' which is due out in the US this evening:-

Market Focus/Highlights

"Exports are a driver for the U.S. manufacturing sector and for the nation's recovery. Today's international trade data will be featured in ongoing currency discussions with China." [Source: Bloomberg]

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.]

Import Price Index (MoM) (YoY) (Mar) [ moderate volatility expected]
[The Import Price Index released by the US Department of Labor informs the changes in the price of imported products into the US.The higher the cost of imported goods, the stronger the effect they will have on inflation, redunding in a higher probability of a rate rise. Generally, a high reading should be taken as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).]

API Crude Oil Inventories (Apr 9)
[API Crude Oil Inventories released by the API is a measure of change in crude oil storage.]

ABC/Washington Post Consumer Confidence (Apr 11)
[The ABC/Washington Post Consumer Confidence released by ABC News and the Washington Post captures the level of confidence that individuals have in economic activity reflecting respondents' evaluations of their personal financial situation.]

ICSC-Goldman Store Sales
[This weekly measure of comparable store sales at major retail chains, published by the International Council of Shopping Centers, is related to the general merchandise portion of retail sales. It accounts for roughly 10 percent of total retail sales.]

Import and Export Prices
[Import price indexes are compiled for the prices of goods that are bought in the United States but produced abroad and export price indexes are developed for the prices of goods sold abroad but produced domestically. These prices indicate inflationary trends in internationally traded products.]

Redbook
[A weekly measure of sales at chain stores, discounters, and department stores. It is a less consistent indicator of retail sales than the weekly ICSC index.]

4-Week Bill Auction
[Treasury bills are sold at public auctions every week.]

Jeffrey Lacker speaks
[Richmond Federal Reserve Bank President - Speech on the economic outlook to West Virginia business leaders in Morgantown, WV. Press conference follows event. ]

... and ...

The following 'Economic news' is due to be released in Australia tomorrow:-

Westpac Consumer Confidence (Apr) [ moderate volatility expected]
[The Westpac Consumer Confidence released by the Faculty of Economics and Commerce Melbourne Institute captures the level of sentiment that individuals have in economic activity reflecting respondents' evaluations of their family finances over the past and coming year, expectations about the one-year and five-year economic conditions and views about current buying conditions for major household items. Generally speaking, a high reading is seen as positive (or bullish) for the AUD, whereas a low reading is seen as negative (or bearish).]

[Sources: Bloomberg & fxstreet.com]
______________________________________________________

ASX Market Watch (widget snapshot)

The DOW Futures are currently Down 34 pts atm (Live).

** If this 2pm/mid-afternoon courtesy reminder of upcoming 'Economic news' is of use to you, then please feel free to give this post a thumbs up, or vice versa! **