daytrades april 16 afternoon, page-43

  1. 25,108 Posts.
    I have to put my courtesy reminder on a little bit earlier today traders as my carpet cleaning man has just arrived at my place, and my office is his first port of call (lol)! Anyways, here you go:-

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

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

    Market Focus/Highlights

    "An extension of consumer-sentiment gains into April could signal improvement underway in the jobs market." [Source: Bloomberg]

  2. Housing Starts [ Market moving indicator]
    [A housing start is registered at the start of construction of a new building intended primarily as a residential building. The start of construction is defined as the beginning of excavation of the foundation for the building.]

  3. Consumer Sentiment [ Merits extra attention]
    [The University of Michigan's Consumer Survey Center questions 500 households each month on their financial conditions and attitudes about the economy. Consumer sentiment is directly related to the strength of consumer spending.]

  4. Building Permits [ Moderate volatility expected]
    [The Building Permits released by the US Census Bureau, at the Department of Commerce shows the number of permits for new construction projects. It implies the movement of corporate investments (US economic development). It tends to cause some volatility to the USD. Normally, the more growing number of permits, the more positive (or bullish) for the USD.]

  5. Reuters/Michigan Consumer Sentiment Index (Apr) [ Moderate volatility expected]
    [The Reuters/Michigan Consumer Sentiment Index released by the Reuters/University of Michigan is a survey of personal consumer confidence in economic activity. It shows a picture of whether or not consumers are willing to spend money. Generally speaking, a high reading anticipates positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).]

  6. Kevin Warsh speaks
    [Federal Reserve Gov. - Speaks to the 19th Annual Hyman Minsky Conference at the Levy Economic Institute of Bard College. ]

  7. Thomas Hoenig speaks
    [Kansas City Federal Reserve Bank President - Addresses the 19th Annual Hyman Minsky Conference at the Levy Economic Institute of Bard College in New York.]

    ... and ...

  8. The there is no 'Economic news' due to be released in Australia on Monday.

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



  9. The DOW Futures are currently Down 41 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! **
 
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